Jobic definition
Jobic means Jobic Pty Ltd.
Examples of Jobic in a sentence
Borrower shall cause Australian Holdco to dividend or otherwise distribute any funds received by it from any of its Subsidiaries, whether on account of the Australian Debenture, the Dufcorp Note, the Jobic Note, the Harnischfeger Notes or otherwise, to Borrower or any Subsidiary Guarantor substantially concurrently with the receipt of such funds.
Australian Holdco shall only engage in the business of (i) consummating the Australian Restructuring, and (ii) thereafter, owning or holding the Australian Debenture, the Dufcorp Note, the Jobic Note, the Harnischfeger Notes (if assigned to it by Jobic) and the capital stock of Joy Australia, and shall not otherwise own any assets or be subject to any liabilities.