Intermediate Holding definition

Intermediate Holding has the meaning assigned to such term in the preamble hereto. “Loan Parties” means the Guarantor, the Borrowers and the Grantors. “New York UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York. “Note” has the meaning assigned to such term in the recitals hereto. “Obligations” has the meaning assigned to such term in the Note. “PD Holdings” has the meaning assigned to such term in the recitals hereto. “Pledged Collateral” has the meaning assigned to such term in Section 3.01. “Pledged Equity Interests” has the meaning assigned to such term in Section 3.01. “Pledged Securities” means any stock certificates, unit certificates, limited liability membership interest certificates and other certificated securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral. “Purchase Agreement” has the meaning assigned to such term in the recitals hereto. “Reduction Provisions” has the meaning assigned to such term in Section 2.03.

Examples of Intermediate Holding in a sentence

  • Permit the fiscal year of Holding, Intermediate Holding or the Company to end on a day other than December 31.

  • The Administrative Agent shall have received the results of a recent search by a Person reasonably satisfactory to the Administrative Agent, of the Uniform Commercial Code filings which have been filed with respect to personal property of Intermediate Holding, the Company and any other Loan Party in any of the jurisdictions set forth in Schedule 6.1(d), and the results of such search shall not reveal any liens other than liens permitted by subsection 8.3.


More Definitions of Intermediate Holding

Intermediate Holding prior to the Merger, Acquisition Co.; and from and after the Merger, Citadel Communications as the surviving corporation.
Intermediate Holding prior to the Merger, Acquisition Co.; and from and after the Merger, Citadel Communications as the surviving corporation. "INTERMEDIATE HOLDING GUARANTEE": the guarantee to be made by Intermediate Holding in favor of the Administrative Agent, for the ratable benefit of the Lenders, substantially in the form of Exhibit A-7 hereto, as the same may be amended, supplemented or otherwise modified from time to time. "INTERMEDIATE HOLDING PLEDGE AGREEMENT": the pledge agreement to be made by Intermediate Holding in favor of the Administrative Agent, for the ratable benefit of the Lenders, substantially in the form of Exhibit A-6, as the same may be amended, supplemented or otherwise modified in accordance with its terms from time to time (it being understood and agreed that, notwithstanding anything that may be to the contrary herein, the Intermediate Holding Pledge Agreement shall not require Intermediate Holding to pledge (x) any of the outstanding capital stock of, or other equity interests in, (i) any Non-Significant Subsidiary of Intermediate Holding or (ii) any Foreign Subsidiary of Intermediate Holding which is owned by a Foreign Subsidiary of Intermediate Holding or (y) more than 65% of the outstanding capital stock of, or other equity interests in, (i) any other Foreign Subsidiary of Intermediate Holding, or (ii) any other Subsidiary of Intermediate Holding if more then 65% of the assets of such Subsidiary are securities of foreign Persons (such determination to be made on the basis of fair market value).

Related to Intermediate Holding

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Holdings as defined in the preamble hereto.

  • CFC Holding Company means any Domestic Subsidiary that owns no material assets (directly or indirectly) other than Equity Interests and debt of one or more CFCs or Domestic Subsidiaries that are themselves CFC Holding Companies.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as: