Parent Holding Company definition

Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

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Parent Holding Company means any Restricted Subsidiary of the Company (including any Nordural Holding Company) that has no assets and conducts no operations other than the direct or indirect holding of Equity Interests or other Investments in a Foreign Restricted Subsidiary of the Company and activities incidental thereto, including participation in financing arrangements of such Subsidiary (but only for so long as its activities are so limited), and the receipt, reinvestment or distribution of dividends, interest and other distributions.

Parent Holding Company means any Person of which the Borrower becomes a Subsidiary.

Examples of Parent Holding Company in a sentence

Use commercially reasonable efforts to maintain at all times a credit rating by each of S&P and M▇▇▇▇’▇ in respect of the Facilities provided for under this Agreement and a corporate rating by S&P and a corporate family rating by M▇▇▇▇’▇ for UK Holdco, Holdings or any Parent Holding Company (it being understood that there shall be no requirement to maintain any specific credit rating).
Use commercially reasonable efforts to maintain at all times a credit rating by each of S&P and ▇▇▇▇▇’▇ in respect of the Facilities provided for under this Agreement and a corporate rating by S&P and a corporate family rating by ▇▇▇▇▇’▇ for UK Holdco, Holdings or any Parent Holding Company (it being understood that there shall be no requirement to maintain any specific credit rating).
This Ninth Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided, however, neither the Ultimate Parent, Holding Company, Parent nor any other Borrower may assign any of its respective rights or obligations under this Ninth Amendment without the prior written consent of Administrative Agent.
Notwithstanding the foregoing or anything else to the contrary herein, this Warrant shall be assumed by the Acquirer in any Parent Holding Company Acquisition.
Each of Ultimate Parent, Holding Company, Parent and each other Borrower hereby acknowledges that the waiver set forth in the prior sentence was separately bargained for and that such waiver is an essential term and condition of this Ninth Amendment (and without which the consents, waiver and amendments in Section 1 and Section 2 hereof would not have been agreed to by Administrative Agent and Lenders).

More Definitions of Parent Holding Company

Parent Holding Company means a company that controls the composition of the Board of Directors; or exercises or controls more than one-half of the total voting power either at its own or together with one or more of its subsidiary companies.

Parent Holding Company means any Person of which the Parent Borrower becomes a subsidiary and which was organized at the direction of the Parent Borrower or an existing Parent Holding Company and not in contemplation of an acquisition of the Parent Borrower or a Parent Holding Company; provided that any such Person that is a direct parent of the Parent Borrower shall be in compliance with the requirements of Section 5.11(g).

Parent Holding Company means (a) from and after the time the Common Stock is not listed on a United States or foreign national or regional securities exchange or traded through the National Association of Securities Dealers Automated Quotation System or similar system or another Person succeeds to and is substituted for the Company under this Indenture, a Person which, immediately after such time, had substantially the same stockholders, directly or indirectly, as the Company immediately prior to such time with holdings in substantially the same proportion as such stockholders’ holdings in the Company immediately prior to such time, (b) from and after the sale, conveyance, assignment, transfer, lease or other disposition of all or substantially all of the Company’s and the Subsidiaries’ assets, taken as a whole, the Company (as determined prior to the transaction) and (c) each Wholly Owned Subsidiary of another Parent Holding Company.

Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interests of Holdings and which does not hold Equity Interests in any other Person (except for any other Parent Holding Company), which term shall include, for the avoidance of doubt, the Public Parent.

Parent Holding Company means any direct or indirect parent entity of the Parent which holds directly or indirectly 100% of the Equity Interest of the Parent and which does not hold capital stock in any other Person (except for any other Parent Holding Company).

Parent Holding Company means any Subsidiary of the Company that has no assets and conducts no operations other than the direct or indirect holding of Capital Stock in a Foreign Subsidiary or activities incidental thereto, including participation in financing arrangements of the Foreign Subsidiary, and the receipt, reinvestment or distribution of dividends, interest and other distributions.

Parent Holding Company means Holdings and any direct or indirect parent entity of Holdings which does not hold Equity Interests in any other Person (except for any other Parent Holding Company).