AK Steel means AK Steel Corporation, a Delaware corporation, its successors and assigns.
AK Steel s payment obligations pursuant to this Section 7.7 shall survive the discharge of this Indenture. When the Trustee incurs expenses after the occurrence of a Default specified in subsection (h) or (i) of Section 6.1 hereof with respect to AK Steel, Holding or a Significant Subsidiary, the expenses are intended to constitute expenses of administration under the Bankruptcy Law.
AK Steel has the meaning set forth in the introductory paragraph of this Agreement.
Examples of AK Steel in a sentence
The court considered the fact that Howell had a large vested retirement plan from AK Steel and his new employment with ArcelorMittal included a $900,000 signing bonus.
Ohio courts utilize the reasonableness test to determine whether the restricted period of time is appropriate and reasonable based on the specific facts of each matter.For example, in AK Steel Corp.
As a former executive of AK Steel Corp., Keith Howell resigned from AK Steel Corp.
Id. After a one-year period, AK Steel could be sure that a competitor would not be unfairly advantaged by hiring a former executive of AK Steel.
As such, in balancing the hardship imposed on Howell with the legitimate business interests of AK Steel, the court held that the trial court erred by reducing the non-compete provision from one-year to six months.Id. at ¶ 21.Courts have also reduced the temporal restriction in non-competes.
More Definitions of AK Steel
AK Steel issued the Securities under an Indenture dated as of June 11, 2002 (the "Indenture"), among AK Steel, AK Steel Holding Corporation ("Holding"), as Guarantor, and the Trustee. The terms of the Securities include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. (S)(S) 77aaa-77bbbb) as in effect on the date of the Indenture (the "Act"). Capitalized terms used herein and not defined herein have the meanings ascribed thereto in the Indenture. The Securities are subject to all such terms, and Securityholders are referred to the Indenture and the Act for a statement of those terms. The Securities are senior unsecured obligations of AK Steel limited to $550,000,000 aggregate principal amount (subject to Section 2.2 of the Indenture). The Indenture imposes certain limitations on, among other things, the issuance of Debt by AK Steel, the issuance of Debt and Preferred Equity Interests by the Subsidiaries of AK Steel, the payment of dividends and other distributions and acquisitions or retirements of AK Steel's capital stock and subordinated obligations, issuance and sale of Equity Interests by the Subsidiaries of AK Steel, restrictions on distributions by the Subsidiaries of AK Steel, sales of assets, transactions with Affiliates, sale/leaseback transactions, lines of business and the activities of Holding. In addition, the Indenture requires AK Steel, under certain circumstances, to offer to purchase Securities in the event of a Change in Control as described below and to offer to repurchase Securities at a purchase price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase, with the net cash proceeds of certain sales or other dispositions of assets.
AK Steel has directed the Trustee to execute and deliver this First Supplemental Indenture in accordance with the terms of the Indenture. In consideration of the foregoing premises, the parties mutually agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders of the Notes:
AK Steel means AK Steel International B.V., a Dutch limited liability company with registered address at Rat Verleghstraat 2A, 4815 NZ Breda, and registered with the Trade Registry of the Chamber of Commerce of South-West Netherlands under number 20082595;
AK Steel has solicited consents from Holders (as defined below) of the Notes to certain amendments to the Indenture described in Article II hereof (the "Proposed Amendments").
AK Steel means AK Steel Ltd., a United Kingdom limited liability company with registered address at Saffron Ground, Ditchmore Lane Stevenage, Herts SG1 3LJ, and registered under number00932617.
AK Steel. Annex X determination shall be final, binding and conclusive on all parties to the Funding Agreement (absent manifest error).
AK Steel means AK Steel Holding Corporation.