HACI definition
Examples of HACI in a sentence
After the execution of this Agreement and prior to Closing, Seller shall not acquire any common stock, warrants or other securities of HACI or effect any derivative transactions with respect thereto.
HACI’s stockholders of record are entitled to receive one share of REC Common Stock for each share of HACI common stock owned immediately prior to the consummation of the Acquisition (the “Exchange”).
Seller has had access to all of the filings made by HACI and REC with the SEC, pursuant to the Securities Exchange Act of 1934 (the “Exchange Act”) and the Securities Act of 1933 in each case to the extent available publicly via the SEC’s Electronic Data Gathering, Analysis and Retrieval system.
Not later than 12:00 P.M., New York City time, on the day prior to such Distribution Date, the Servicer, HAFI or HACI, as applicable, shall deposit such amount in the Collection Account in immediately available funds for distribution pursuant to Section 3.03.
The Servicer, HAFI or HACI shall give the Servicer (if other than HSBC Finance), the Administrator, the Indenture Trustee and the Owner Trustee at least 10 days irrevocable prior written notice of the date on which the Servicer, HAFI or HACI, as applicable, intends to exercise such option to purchase.
Seller acknowledges that it benefits from this Agreement and that HACI is entering into this Agreement upon reliance on this Section 16.
HACI’s initial public offering was consummated on October 3, 2007 as a result of which it received net proceeds of $529.1 million which are held in a trust fund established by HACI for the benefit of its public stockholders (the “Trust Fund”).
The provisions of this Agreement are solely for the benefit of the parties hereto and for the benefit of the Certificateholders (including the Seller), the Indenture Trustee, the Administrator, the Owner Trustee, HACI, HAFI any Support Provider and the Secured Parties, as third-party beneficiaries.
The Trust Fund is invested in U.S. Treasury Bills with a maturity with a maturity of 180 days or less in a trust account at JPMorgan Chase Bank, N.A. and held in trust by Continental Stock Transfer & Trust Company (the “Trustee”) pursuant to the Investment Management Trust Agreement, dated as of September 27, 2007, between HACI and Trustee.
Warehousing Advances will be made to ABMSI, HACI or ABCI, as requested by ABMSI, HACI or ABCI, will be deemed made to or for the benefit of ABMSI, HACI and ABCI, and ABMSI, HACI and ABCI, jointly and severally, are obligated to repay any Warehousing Advances made to ABMSI, HACI or ABCI under the Warehousing Commitment.