Initial Holdings definition

Initial Holdings has the meaning assigned to such term in the preamble hereto.

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Initial Holdings has the meaning set forth in the introductory paragraph to this Agreement.

Initial Holdings means, with respect to each Stockholder, the number of Shares issued to the Stockholder at the Closing. All defined terms in the Agreement using the word "Clarant" are hereby revised to use the word "Luminant."

Examples of Initial Holdings in a sentence

• From and after the Closing Date Holdings Assumption, Initial Holdings is hereby released from all the Obligations of “Holdings” under this Agreement, the Fee Letter and the other Loan Documents.

• On the Closing Date, pursuant to the terms of that certain Agreement and Plan of Merger, dated as of July 29, 2019 (the “Acquisition Agreement”), by and among, inter alios, Merger Sub (which on the Closing Date shall be merged (the “Target Merger”) with and into the Target, with the Target surviving the Target Merger as the surviving entity thereof) and the Target, Initial Holdings will acquire (the “Acquisition”) 100% of the issued and outstanding Capital Stock of the Target.

• Information contained in the Initial Holdings Report must be current as of 45 days prior to the person becoming an Access Person.

• Initial Holdings shall be released from its obligations under the Loan Documents and the security interests created by the Security Documents in the Collateral owned by Initial Holdings shall be released upon the request of the Borrower, in connection with an IPO, as a result of which Initial Holdings ceases to be Holdings pursuant to (b)(ii) of the definition of “Holdings”.

• A copy of each Quarterly Transaction Report, Initial Holdings Report, and Annual Holdings Report submitted under this Code, including any information provided in lieu of any such reports made under the Code, will be preserved for a period of at least five years from the end of the fiscal year in which it is made, for the first two years in an easily accessible place.

More Definitions of Initial Holdings

Initial Holdings has the meaning specified in the definition of “Holdings”.

Initial Holdings means SMART Modular Technologies (Global Memory Holdings), Inc.

Initial Holdings means, as of any date, with respect to any Preferred Partner that was a Preferred Partner as of the Effective Date, the initial Partnership Interests held by such Preferred Partner as of the Effective Date that are still held by such Preferred Partner. For the avoidance of doubt, such Preferred Partner’s Initial Holdings shall not include any Partnership Interests obtained by such Preferred Partner after the Effective Date.

Initial Holdings has the meaning assigned to such term in the preamble to this Agreement.

Initial Holdings has the meaning assigned to such term in the preamble hereto. “Initial Revolving Borrowing Amount” means one or more Borrowings of Revolving Loans on the Effective Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of the term “Permitted Initial Revolving Credit Borrowing Purposes”; provided that, without limitation, Letters of Credit may be issued on the Effective Date to, among other things, backstop, replace or otherwise provide credit support in respect of, letters of credit outstanding immediately prior to the Effective Date under the Existing Credit Facility. “Intellectual Property” has the meaning assigned to such term in the Collateral Agreement. “Initial Term Facility” means the term loan facility represented by the Initial Term Loans. “Initial Term Loan Commitment” means (a) with respect to each Term Lender that is a Lender on the Effective Date, the commitment of such Term Lender to make an Initial Term Loan hereunder on the Effective Date in the amount set forth on Schedule 2.01 under the caption “Initial Term Loan Commitment” and (b) with respect to any Lender that becomes a Lender after the Effective Date, or in the Assignment and Assumption to which such Lender shall have assumed its Initial Term Loan Commitment, as the case may be. As of the Effective Date, the Initial Term Loan Commitment was $300,000,000. “Initial Term Loans” means the loans made on the Effective Date pursuant to Section 2.01(a)(i). “Initial Term Maturity Date” means the sixth anniversary of the Effective Date. “Intercompany Note” means the Intercompany Note, dated as of the Effective Date, substantially in the form of Exhibit K, executed by Holdings, the Borrower and each other Restricted Subsidiary party thereto. “Intercreditor Agreements” means (a) to the extent executed in connection with the incurrence of Indebtedness secured by Liens on the Collateral which rank (or are intended to rank) equal in priority (but without regard to the control of remedies) to the Liens on the Collateral securing the Secured Obligations, an intercreditor agreement substantially in the form of Exhibit D among the Administrative Agent and/or the Collateral Agent and one or more authorized representatives for holders of one or more classes of applicable Indebtedness secured by Liens on the Collateral which are intended to rank equal in priority (but without regard to the control of remedies) to the Liens on the Collateral securing the Secured Ob...

Initial Holdings means Griid Holdings LLC, a Delaware limited liability company.

Initial Holdings means Springboard Group S.àr.l. (formerly known as SLP III Cayman ▇▇ ▇▇ Holdings S.à ▇.▇.), a Luxembourg private limited liability company (société à responsabilité limitée), or if Springboard Group S.àr.l. is liquidated or dissolved in connection with an IPO in accordance with Section 6.03(a)(ix), Lux Topco.