Basic Parent definition

Basic Parent means Basic Energy Services, Inc., a Delaware corporation.
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Basic Parent means Basic Energy Services, Inc., a Delaware corporation. “Bid Deadline” has the meaning set forth in the Bid Procedures.
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Examples of Basic Parent in a sentence

  • Basic Parent has agreed to use its reasonable best efforts to list the New Common Shares on a nationally recognized exchange as soon as practicable, subject to meeting the applicable listing requirements following the Effective Date.

  • The Parties acknowledge that Buyer Parent and Basic Parent previously executed the Confidentiality Agreement.

  • The Rights Offering will expire at 5:00 p.m. New York City time on the date specified in the Rights Offering Approval, which is expected to be the 20th Business Day after the Rights Commencement Date, unless, if permitted by the Rights Offering Approval, extended by Basic Parent with the consent of the Requisite Investors (as defined in the Backstop Agreement) (such time and date, as may be amended, the “Rights Expiration Time”).

  • Subject to the approval of the Board of Directors of Basic Parent (the “Board”), the Debtors anticipate filing voluntary petitions for relief under chapter 11 in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) on or about October 25, 2016, which is during the solicitation period.

  • The New Shareholders Agreement will be binding on Reorganized Basic Parent and all parties receiving, and all holders of, New Common Shares of Reorganized Basic Parent; provided, that regardless of whether such parties execute the New Shareholders Agreement, such parties will be deemed to have signed the New Shareholders Agreement, which will be as binding on such parties as if they had actually signed it.

  • Basic Parent is a public company that was first listed on the New York Stock Exchange (the “NYSE”) on December 9, 2005.

  • Basic Parent may be required to pay a termination fee in the amount of $6.25 million to non-defaulting Investors if the Backstop Agreement is terminated as a result of the Board exercising its fiduciary duties and terminating the Restructuring Support Agreement, the Court enters an order refusing to confirm the Prepackaged Plan or an injunction is issued against consummation of the transaction.

  • The Subscription Agent will not use the Rights Offering Funds for any purpose other than to release the funds as directed by Basic Parent on the Effective Date or as otherwise set forth in these Rights Offering Procedures or in the Prepackaged Plan, and, until released in accordance with the foregoing, the Rights Offering Funds will not be deemed part of the Debtors’ bankruptcy estate.

  • The Backstop Agreement will be terminable by Basic Parent and/or the Requisite Investors (as defined in the Backstop Agreement) under several conditions.

  • An event of default under the 2019 Notes occurred when Basic Parent did not make the interest payment before the expiration of the 2019 Notes Grace Period on September 14, 2016.

Related to Basic Parent

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Birth parent means the child's biological parent and, for purposes of adoptive placement, means

  • Minor parent means an individual under the age of 18 who is not emancipated under 1968 PA 293, MCL 722.1 to 722.6, and who is either the biological parent of a child living in the same household or a pregnant woman.

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Domestic partners means two adults who have registered as

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Domestic partnership means an association of two or more persons to carry on as co-owners a

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Non-Administrator Ambulatory Surgical Facility means an Ambulatory Surgical Facility which does not meet the definition of an Administrator Ambulatory Surgical Facility.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Domestic Partner means an opposite or a same-sex partner who is at least 18 years of age and has met all of the following requirements for at least 6 months:

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Parent ERISA Affiliate means any corporation or trade or business (whether or not incorporated) which is (or at any relevant time was) treated with Parent or any of its Subsidiaries as a single employer within the meaning of Section 414 of the Code.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Continuing care retirement community means a residential

  • Seller 401(k) Plan shall have the meaning set forth in Section 6.01(i).

  • Intermediate Parent means any Subsidiary of Holdings and of which the Borrower is a subsidiary.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • Subrecipient Parent DUNS Number means the subrecipient parent organization’s 9-digit Data Universal Numbering System (DUNS) number that appears in the subrecipient’s System for Award Management (SAM) profile, if applicable.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Parent Plan means an Employee Benefit Plan sponsored, maintained, or contributed to by Parent or its Affiliates or with respect to which Parent or its Affiliates have any liability.