Holding Vehicle definition

Holding Vehicle means any Subsidiary of the Company that is created solely for the purpose of directly or indirectly owning Equity Interests in one or more Joint Venture Companies, Project Companies,

Holding Vehicle means each holding entity formed or organized by the Company Stockholders after the date hereof to effect the Restructuring.

Holding Vehicle means a trust or other entity that the Company may establish to act as a holding vehicle for Shares and/or depositary receipts representing Shares.

Examples of Holding Vehicle in a sentence

• All Restricted Shares shall be held by the Company or the Holding Vehicle, as applicable, in escrow for the Participant until all restrictions on such Restricted Shares have been removed.

• The Shares may be delivered from the Holding Vehicle in lieu of being issued by the Company.

• If the price for the Restricted Shares was paid by the Participant in services, then upon termination as a Service Provider, the Participant shall no longer have any right in the unvested Restricted Shares and such Restricted Shares shall become ab initio void (and for these purposes, the Participant shall be deemed to have surrendered such Restricted Shares), and thereupon transferred to the Company or the Holding Vehicle, as applicable, without consideration.

• The Company shall issue (or cause to be issued), or the Holding Vehicle will deliver, as applicable, such Shares promptly after the Share Appreciation Right is exercised.

• Such Holding Vehicle may at any time transfer, sell or assign back to the applicable Shareholder all, but not less than all, of the Shares and if, for any reason whatsoever, the Holding Vehicle ceases to be controlled by or benefit Shareholder or its family, the Holding Vehicle, and its Shareholder, will transfer, sell or assign all Shares held by the Holding Vehicle back to the Shareholder forthwith.

More Definitions of Holding Vehicle

Holding Vehicle has the meaning set forth in Section 6.6(a).

Holding Vehicle has the meaning set forth in Schedule F.

Holding Vehicle means, solely to the extent applicable, (a) each entity that directly owns an Asset TopCo and (b) all intermediate parent entities of any such entity described in clause (a), in each case of clauses (a) and (b), that are directly or indirectly owned by a Borrower. For the avoidance of doubt, no Asset, Borrower, Asset TopCo or Subsidiary of an Asset Topco is a Holding Vehicle for any purposes in this Agreement.

Holding Vehicle means a Polish commercial partnership, Polish limited liability company, or other Polish legal entity holding a Mineral Entitlement or application therefor subject to the provisions of this Agreement.

Holding Vehicle each of Holding I, Holding II, Holding III, Holding IV and any other Subsidiary of the Borrower approved by the Lender in accordance with Section 7.7 (No Subsidiary) through which the Borrower holds Fund Assets and “Holding Vehicles” means, collectively, Holding I, Holding II, Holding III, Holding IV and any Subsidiary of the Borrower, approved by the Lender in accordance with Section 7.7 (No Subsidiary), through which the Borrower holds Fund Assets.

Holding Vehicle means any employee benefit trust, warehousing vehicle or nominee nominated by the Committee to hold Ordinary Shares for allocation to current or future Eligible Persons.

Holding Vehicle or “Holding Vehicles” has the meaning set forth in the Preamble.