Holdings definition
Examples of Holdings in a sentence
The provisions of this Section 12 (other than Section 12.1(c) with respect to the Lead Arrangers and Sections 12.1, 12.9, 12.11, 12.12, 12.13 and 12.15 with respect to the Borrower) are solely for the benefit of the Agents and the Lenders, and none of Holdings, the Borrower or any other Credit Party shall have rights as third party beneficiary of any such provision.
Notwithstanding the foregoing, (a) LNR Securities Holdings, LLC shall be the initial Directing Certificateholder (but not a Loan-Specific Directing Certificateholder) and shall remain so until a successor is appointed pursuant to the terms of this Agreement or until a Consultation Termination Event occurs and is continuing and (b) LNR Securities Holdings, LLC shall be the initial Risk Retention Consultation Party and shall remain so until a successor is appointed pursuant to this Agreement.
On September 15, 2025, Soren Holdings LLC, a Delaware limited liability company (the “Sponsor”), purchased from the Company 8,433,333 Class B ordinary shares (the “Founder Shares”), for an aggregate consideration of $25,000 paid to cover certain offering costs, in a private placement exempt from registration under the Act, pursuant to Section 4(a)(2) of the Act.
There are no actions, suits or proceedings pending or, to the knowledge of the Borrower, threatened in writing against Holdings, the Borrower or any of the Restricted Subsidiaries that would reasonably be expected to result in a Material Adverse Effect.
In performing its functions and duties hereunder, the Administrative Agent and Collateral Agent shall each act solely as an agent of Lenders and does not assume and shall not be deemed to have assumed any obligation towards or relationship of agency or trust with or for Holdings, the Borrower or any of its Subsidiaries.