Pro Forma Entity definition

Pro Forma Entity has the meaning given to such term in the definition of “Acquired EBITDA.”

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Pro Forma Entity means any Acquired Entity or Business or any Converted Restricted Subsidiary.

Pro Forma Entity shall have the meaning provided in the definition of “Acquired EBITDA.”

Examples of Pro Forma Entity in a sentence

• Subject to the Pre-Closing Restructuring, the Company owns, directly or indirectly, all of the issued and outstanding capital stock or other Equity Interests in each Acquired Pro Forma Entity.

• Accrued Expenses Acquired EBITDA respect to any Pro Forma Entity for any period, the amount for such period of Consolidated EBITDA of such Pro Forma Entity (determined as if references to the Borrower and the Restricted references to such Pro Forma Entity and its Subsidiaries which will become Restricted Subsidiaries), all as determined on a consolidated basis for such Pro Forma Entity.

• Pro Forma Entity eans any Acquired Entity or Business or any Converted Restricted Subsidiary.

• There are no outstanding (x) options, warrants, or other rights to purchase from any Acquired Pro Forma Entity any other Equity Interests of any Acquired Pro Forma Entity, (y) securities convertible into or exchangeable for Equity Interests of any Acquired Pro Forma Entity, or (z) other commitments of any kind for the issuance of any other Equity Interests of any Acquired Pro Forma Entity, in each case, outstanding as of the date of this Agreement.

More Definitions of Pro Forma Entity

Pro Forma Entity means, for any period, any Person, property, business or asset (other than any Unrestricted Subsidiary) acquired by the Issuer or any Restricted Subsidiary during such period, including pursuant to a transaction consummated prior to the Issue Date, to the extent not subsequently sold, transferred or otherwise disposed of, and any Unrestricted Subsidiary that is converted into a Restricted Subsidiary during such period.

Pro Forma Entity shall have the meaning provided in the definition of the term “Acquired EBITDA”. “Pro Rata Share” shall mean, with respect to each Lender at any time, with respect to Revolving Credit Commitments, a fraction (expressed as a percentage, carried out to the ninth decimal place), the numerator of which is the amount of the Revolving Credit Commitments of such Lender at such time and the denominator of which is the amount of the Aggregate Revolving Credit Commitments at such time; provided that, if any Revolving Credit Commitments have been terminated, then the Pro Rata Share of each Lender shall be determined based on the Pro Rata Share of such Lender immediately prior 73 to such termination and after giving effect to any subsequent assignments made pursuant to the terms hereof. “Prohibited Transaction” shall have the meaning assigned to such term in Section 406 of ERISA or Section 4975(c) of the Code. “Projections” shall have the meaning provided in Section 9.1(g). “Protective Advance” shall have the meaning specified in Section 2.1(c). “PTE” shall mean a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “Public Reporting Entity” shall mean an entity that (i) complies with the reporting obligations under U.S. securities laws, (ii) is designated by the Borrower as a “Public Reporting Entity” and (iii) whose consolidated financial results include the financial results of the Borrower and its consolidated subsidiaries and customary reconciliations to eliminate the financial results of entities other than the Borrower and its consolidated subsidiaries. “QFC” shall have the meaning provided in Section 13.23(b). “QFC Credit Support” shall have the meaning provided in Section 13.23. “Qualified Securitization Financing” shall mean any Securitization Facility (and any guarantee of such Securitization Facility), that meets the following conditions: (i) the Borrower shall have determined in good faith that such Securitization Facility (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair and reasonable to the Borrower and the Restricted Subsidiaries; (ii) all sales or contribution of Securitization Assets and related assets by the Borrower or any Restricted Subsidiary to the Securitization Subsidiary or any other Person are made at fair market value (as determined in good faith by the Borrower); (iii) the financing terms, c...

Pro Forma Entity means any Acquired Entity or Business or any Converted Restricted Subsidiary. “Proposed Change” has the meaning assigned to such term in Section 9.02(c).

Pro Forma Entity has the meaning provided in the definition of the term “Acquired Consolidated Cash Flow.”

Pro Forma Entity as defined in “Acquired EBITDA”.

Pro Forma Entity shall have the meaning provided in the definition of the term Acquired Consolidated EBITDA.

Pro Forma Entity means any Acquired Entity or Business or any Converted Restricted Subsidiary. “Pro Forma Financial Statements” has the meaning assigned to such term in Section 3.04(b). “Proposed Change” has the meaning assigned to such term in Section 9.02(c).