Examples of GS Holdings in a sentence
GPMT 2018 FL-1 LLC TH Commercial JPM LLC TH Commercial MS I, LLC TH Commercial MS II, LLC TH Commercial UBS LLC TH Commercial GS Holdings LLC TH Commercial GS LLC GP Commercial WF Holdings LLC GP Commercial WF LLC GP Commercial CB LLC Schedule 3 Lock-Up Signatories Company Xxxx (“Xxxx”) X.
Each Representative may rely conclusively, and shall be fully protected in so relying, on any determination made by it in accordance with the provisions of the preceding sentence (or as otherwise directed by a court of competent jurisdiction) and shall have no liability to GS, Holdings or any of their subsidiaries, any Secured Party or any other Person as a result of such determination.
On the effective date of the Debtors' Plan (the "Plan Effective Date"), the Debtors shall contribute to GS Holdings, which shall immediately thereafter contribute to New Globalstar, (a) all Cash then held by the Debtors, except for any Cash necessary to consummate the Plan (including payment of administrative and other claims) and to perform the ministerial functions of closing the Chapter 11 Case; and (b) all Avoidance Actions held by the Debtors on such date.
After the Interest Acquisition Date, the 1% membership interest in GS Holdings retained by the Debtors shall be held by New Globalstar, as the Debtors' disbursing agent, for the benefit of the Debtors, and shall not be distributed to the Debtors' creditors in connection with the Plan except as provided in the following sentence.
Under the current laws of the Cayman Islands, GS Holdings and Glory Star are not subject to income or capital gains taxes.
Following the receipt of all necessary Regulatory Approvals, but not earlier than the Interest Acquisition Date, the Globalstar Entities promptly shall transfer the Deferred Assets to GS Holdings, which shall immediately thereafter transfer them to New Globalstar.
The balances are short-term in nature, non-interest bearing, unsecured and repayable on demand.Convertible promissory note – related partyOn February 14, 2020, GS Holdings entered into an amended and restated promissory note with the Sponsor (the “Amended Sponsor Note”) to extend the maturity date from the closing of the Business Combination to a date that is one year from the closing of the Business Combination.
Cash provided by Thermo and its Affiliates from all sources shall be credited towards this $43 million obligation, including amounts paid in cash to purchase the DIP Loan as described in Section 5.10(a), amounts advanced by Thermo pursuant to the DIP Loan, and except as provided in the next sentence, amounts contributed by Thermo to GS Holdings and New Globalstar.
Xxxxxxx Title: Chief Executive Officer Castlerigg GS Holdings, Ltd.
The name of the Limited Partnership is: C/R GS Holdings II, L.P. THIRD: The Certificate of Limited Partnership of the Partnership is hereby amended by deleting the third paragraph and inserting in lieu thereof a new third paragraph to read as follows: 2.