Examples of Target Holdings in a sentence
Target Holdings sells the entire issued and outstanding share capital of Target OpCo to LuxCo 3 in consideration of an intercompany interest free note issued by LuxCo 3 to Target Holdings.
For the avoidance of doubt, nothing in this Agreement or any other Loan Document shall prohibit any IPCo, Target, Holdings or any other Loan Party or Restricted Subsidiary party thereto from engaging in or consummating any transactions or performing any obligations under the IPCo Distribution Agreements or IPCo License Agreements.
Set forth in SECTION 2.16 OF THE DISCLOSURE SCHEDULE is a complete and accurate list of all contracts and agreements between Target, Holdings, Parent and/or any affiliate of Parent.
The Agent shall not have any duty or responsibility to provide any Bank with any credit or other information concerning the business, operations, assets, property, financial and other condition, prospects or creditworthiness of Target, Holdings, the Borrower or their respective Subsidiaries which may come into the possession of the Agent or any of its officers, directors, employees, agents, attorneys-in-fact or affiliates.
Administrative Agent has received (a) this Amendment duly executed by each Loan Party, Administrative Agent and each Required Lender, (b) the Subordination Agreement, dated as of the date here, duly executed by the Company, the sellers party thereto and Administrative Agent and (c) a joinder to the Guaranty and Collateral Agreement duly executed by the Target, Holdings and the Borrower Representative.
Target Holdings is not subject to Section 2115(b) of the California Corporations Code.
Target Holdings, Target USA Sub and Target France Sub hereby terminate as of the Closing all licenses and rights granted by and between any of them in any Intra-Company IP Agreement whether or not such Intra-Company IP Agreement is disclosed to Acquiror as required by this Agreement.
Neither Target Holdings nor any Target Subsidiary is in violation of any of the provisions of its Organizational Documents.
Target has delivered to Acquiror a true and correct copy of (i) the Amended and Restated Certificate of Incorporation of Target Holdings (as amended, the “Restated Certificate”) and the Bylaws of Target Holdings (as amended, the “Bylaws”), and (ii) the Organizational Documents of each Target Subsidiary, each as amended to date, and each as so delivered is in full force and effect.
Each Bank represents to the Agent that it has, independently and without reliance upon the Agent or any other Bank, and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, assets, operations, property, financial and other condition, prospects and creditworthiness of Target, Holdings, the Borrower or their respective Subsidiaries and made its own decision to make its Loans hereunder and enter into this Agreement.