Examples of Holdco 1 in a sentence
For the avoidance of doubt, the Holdco 1 Lien shall not in any way adversely affect the ALB Lenders’ rights to grant their liens in connection with any refinancing.
As of the Closing Date, in addition to the existing Guarantors, the entities that will be providing guarantees to the Participating 2024 Notes consist only of the following: Holdco 1 and Lancaster Projects Corp.; provided that the Company has not during the Brazilian RJ Proceeding (i) created any new subsidiaries not otherwise contemplated herein or (ii) transferred assets to any non-Guarantor subsidiaries outside of the ordinary course of business.
This Agreement shall become effective only if, and at that time at which, Holdco 1 becomes a holder of at least 80% of the outstanding ordinary shares of TAM (the “Effective Time”).
Subject to the provisions of the Holdco 1 Shareholders Agreement and the Control Group Shareholders Agreement, neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned, in whole or in part, by operation of Law or otherwise by any of the Parties without the prior written consent of the other Parties, and any purported assignment without such consent shall be null and void and of no force or effect.
In the event of any inconsistency or conflict between the provisions of this Agreement and the Organizational Documents of Holdco 1, TAM or any of their Subsidiaries, this Agreement shall control and the Parties shall use their commercially reasonable efforts to amend any such Organizational Documents to conform to the provisions of this Agreement and to exercise their rights under such Organizational Documents to give effect to such provisions.