SNCI definition

SNCI means Société Nationale de Crédit et d’Investissement of Luxembourg, a public- law banking institution specialised in medium and long term financing of Luxembourg-based companies;
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SNCI and, together with SBT, “Stifel”) and Royal Bank of Canada (“RBC”, together with ▇▇▇▇▇▇▇ ▇▇▇▇▇, JPMorgan, BofA Securities, Citizens, Truist and Stifel, each in its capacity as a joint lead arranger and joint bookrunner with respect to this Amendment, the “2024 Incremental Amendment Lead Arrangers”), or any other Lender or agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Amended Credit Agreement or the other applicable Loan Documents, including this Amendment; (iii) appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers under the Amended Credit Agreement and the other Loan Documents as are delegated to the Agent by the terms thereof, together with such powers as are reasonably incidental thereto; and (iv) acknowledges and agrees that upon the Amendment No. 5 Effective Date such Incremental Lender shall be a “Lender”, a “2024 Incremental Term Lender” and a “New Term Loan Lender” under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender and an Incremental Term Lender thereunder.
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Examples of SNCI in a sentence

  • In the absence of an agreement between them within such time, the Board's determination shall be subject to the provisions of Section 14.16 relating to mediation and arbitration of controversies, provided that the arbitrator shall be authorized and empowered to award all, part, or none of the SNCI shares to ObjectSelect, in the arbitrator's discretion.

  • SNCI and the Company shall honor the confidentiality agreements previously delivered by each such party to the other with respect to matters pertaining to the Merger.

  • The power of termination provided for by this Article 11 may be exercised for SNCI, Newco or the Company only by its respective Board of Directors and will be effective only after written notice thereof, signed on behalf of the party for which it is given by its Chief Executive Officer in the case of SNCI, or its President in the case of the Company, or other duly authorized officer, shall have been given to the other.

  • Effective as of the Effective Time, Executive hereby resigns from (i) any positions as an officer of the Company, SNCI and all of their subsidiaries or affiliates and (ii) the Board of Directors of the Company, SNCI, and all of their subsidiaries or affiliates; provided, however, that Executive shall continue as a Director of State National Insurance Company, National Specialty Insurance Company and United Specialty Insurance Company (the “Excepted Entities”).

  • The Company shall not, without the prior written consent of SNCI, voluntarily make any payment with respect to any demands for fair value of shares of Company Common Stock or offer to settle or settle any such demands.

  • Additional information concerning the capital structure of SNCI is set forth in the Information Statement attached hereto as Exhibit B.

  • Except as otherwise required by law or the rules of the National Association of Securities Dealers, Inc., so long as this Agreement is in effect, neither SNCI nor the Company shall issue or cause the publication of any press release with respect to the transactions contemplated by this Agreement prior to the Closing Date without the consent of the other party, which consent shall not be unreasonably withheld or delayed.

  • Except as otherwise consented to in writing by SNCI, prior to the Effective Time of the Merger, the Company will maintain in full force and effect all policies of insurance in substantially the same amounts and types of coverage as are presently in effect on the date of this Agreement.

  • SNCI's reliance upon these exemptions is predicated in part upon the understanding that each recipient of SNCI Common Shares in the Merger understands and acknowledges that SNCI Common Shares will be acquired for each Recipient's own account, and not with a view to, or for resale in connection with any distribution or public offering thereof.

  • The restrictions set forth in Subsections 7.2.(ii) and (iii) above are not intended to apply to any transfer, assignment, disbursement or dividend of SNCI shares by Object Select to any of its Members or Advisory Board Members but shall otherwise apply to and be binding upon ObjectSelect, its Members and Advisory Board Members together with their respective heirs, successors and assigns.