New Sponsor definition

New Sponsor means any person to whom Silverpoint or Oaktree assigns or transfers all or part of its indirect beneficial interest in the shares or other equity interests of SCIH in accordance with the Shareholders’ Agreement.

New Sponsor means any entity or group of entities with committed capital or assets under management in excess of $1,000,000,000 or otherwise reasonably acceptable to the Required Lenders, in either case, together with any co-investors.

New Sponsor means the Purchaser, its Affiliates and any funds, partnerships or other co-investment vehicles managed, advised or controlled by the foregoing or their respective Affiliates (other than Holdings, Borrower or Subsidiaries or any other portfolio company).

Examples of New Sponsor in a sentence

• This Agreement has been duly executed and delivered by the New Sponsor and constitutes the legal, valid and binding obligation of the New Sponsor, enforceable against it in accordance with the terms hereof.

• It has full power and authority to execute and deliver this Agreement and the execution, delivery and performance of this Agreement by the New Sponsor has been duly authorized by all necessary action on behalf of the New Sponsor.

• For those already registered for upcoming SFSP New Sponsor Orientation training sessions, training will bedelivered virtually (webinar) and web-based (self-study).

• U.S. Department of State, “Exchange Visitor Program—Cap on Current Participant Levels and Moratorium on New Sponsor Applications for Summer Work Travel Program,” Notice, 76 Federal Register 68808-68809, November 7, 2011.

• New Sponsor Controls New Parent; New Parent Controls EquityCo II; and EquityCo II owns all of the issued and outstanding Equity Interests in each Depositor not owned by EquityCo.

More Definitions of New Sponsor

New Sponsor shall have the meaning provided in the definition of the term “Permitted Holders”.

New Sponsor is defined in the definition of "Permitted Sale"

New Sponsor means American Securities, LLC and its Control Investment Affiliates

New Sponsor means any Person listed on Schedule 5.14 to the Note Purchase Agreement or otherwise reasonably acceptable to the Required Holders, or consortium of such Persons (other than portfolio companies), acting in concert that consummates a Permitted Change of Control, in any case, together with any co-investors.

New Sponsor means, Versity Invest, LLC, a Delaware limited liability company.

New Sponsor. COMPLEX ZENITH LIMITED By: /s/ Shih-Cxxxx Xxxx Name: Shih-Cxxxx Xxxx Title: Director THE COMPANY: PROFICIENT ALPHA ACQUISITION CORP. By: /s/ Kxx Xxx Name: Kxx Xxx Title: Chief Executive Officer THE SPONSOR: /s/ Shih-Cxxxx Xxxx Shih-Cxxxx Xxxx I-BANKERS: I-Bankers Securities, Inc. By: /s/ Mxxx XxXxxxx Name: Mxxx XxXxxxx Title: Chief Executive Officer AST: American Stock Transfer & Trust Company, LLC By: /s/ Mxxxxxx X. Xxxxxxx Name: Mxxxxxx X. Xxxxxxx Title: Executive Director INITIAL STOCKHOLDERS: /s/ Kxx Xxx Kxx Xxx /s/ Wxxxxxx Xxx Wxxxxxx Xxx /s/ Sheng Lx Xxxxx Li /s/ Yuanjing Fan Yuanjing Fan /s/ Mxxx Xxxxxxxxxxx Mxxx Xxxxxxxxxxx /s/ Rxxxxx X. Xxxxxxx Rxxxxx X. Xxxxxxx MGA HOLDINGS, LLC By: /s/ Wxxxxxx Xxxxxxxxx Name: Wxxxxxx Xxxxxxxxx Title: Managing Member CELTIC ASSET & EQUITY PARTNERS LTD. By: /s/ Axxxxxxxx X. Xxxxxxxxx Axxxxxxxx X. Xxxxxxxxx Title: Managing Member

New Sponsor means any private equity fund, similar investment fund or sovereign wealth fund, or consortium of private equity funds, similar investment funds or sovereign wealth funds acting in concert that (i) (in the case of each such fund other than a sovereign wealth fund) invests, as a substantial part of its business, in companies that are not, at the time of investment, in financial distress, as determined by the Parent Borrower in good faith, (ii) in the aggregate, together with their affiliated funds, have committed capital and/or assets under management in excess of $1,000,000,000 as of the Permitted Change of Control Effective Date and (iii) consummates a Permitted Change of Control (the date of such consummation, the “Permitted Change of Control Effective Date”).