Spinco Financing definition

Spinco Financing has the meaning set forth in the Merger Agreement.

Spinco Financing means up to $9.0 billion of Debt in the form of notes, bridge financing, term loans or otherwise, including the Debt Securities, the proceeds of which are to be used solely to finance the Separation and the transactions related thereto, including the Special Distribution.

Spinco Financing means the Term Loan A debt financing to be incurred by Spinco at or around the Effective Time on terms mutually acceptable to the Parties in an aggregate principal amount of up to $1,200,000,000.

Examples of Spinco Financing in a sentence

• Prior to the Effective Time, Parent and SpinCo shall cooperate in the preparation of all materials as may be necessary or advisable to execute the SpinCo Financing Arrangements.

• The Parties agree that SpinCo or another member of the SpinCo Group, as the case may be, and not Parent or any member of the Parent Group, are and shall be responsible for all costs and expenses incurred in connection with the SpinCo Financing Arrangements.

• Parent and SpinCo agree to take all necessary actions to assure the full release and discharge of Parent and the other members of the Parent Group from all obligations pursuant to the SpinCo Financing Arrangements as of no later than the Effective Time.

• Parent and SpinCo agree to take, and shall cause the respective members of their Group to take, all necessary actions to assure the full release and discharge of Parent and the other members of the Parent Group from all liabilities and other obligations pursuant to the SpinCo Financing Arrangements as of no later than the Effective Time.

• Prior the Effective Time, Parent and SpinCo shall cooperate in the preparation of all materials as may be necessary or advisable to execute the SpinCo Financing Arrangements.

More Definitions of Spinco Financing

Spinco Financing means the financing contemplated by the SpinCo Financing Commitment Letter.

Spinco Financing means the debt financing incurred by xpedx Intermediate and/or its Subsidiaries to fund (i) the Special Payment and (ii) the refinancing of the Unisource Credit Facility.

Spinco Financing has the meaning set forth in the Separation Agreement; provided that for purposes of this Agreement, any refinancing of the Spinco Financing with the proceeds of new third-party indebtedness of Spinco (excluding, for the avoidance of doubt, any member of the RMT Group other than Spinco) shall be treated as Spinco Financing (and not considered to be a refinancing).

Spinco Financing means the issuance of the Spinco Units in accordance with Subsections 4.1(n) and 4.2(e).

Spinco Financing has the meaning set forth in Section 2.11(b).

Spinco Financing as defined in Section 2.6(c) of this Agreement. Spinco Group: Spinco and the Spinco Subsidiaries. Spinco Indemnitees: Spinco, the Company, each Affiliate of Spinco and the Company immediately after the Contribution and each of their respective present and former Representatives and each of the heirs, executors, successors and assigns of any of the foregoing.

Spinco Financing means a private placement by SpinCo of SpinCo securities to raise gross proceeds of approximately $3,500,000, or such other amount as the SpinCo board of directors may determine, on terms acceptable to SpinCo, in order to allow SpinCo to satisfy the initial listing requirements of the TSXV;