Examples of Company Reorganization in a sentence
For purposes of the foregoing, if the Issuer consummates a Holding Company Reorganization, New HoldCo shall be treated as the “successor Person” and the Holding Company Reorganization shall constitute the transfer to New HoldCo of substantially all of the Issuer’s assets.
In connection with any Holding Company Reorganization, provision shall be made for the continuation or assumption of all outstanding Awards by, or for the substitution of the equivalent awards of, the surviving or successor entity in such Holding Company Reorganization (the “Holding Company”).
The main laws on insolvency are the Bankruptcy Act (1987:672) and the Company Reorganization Act (1996:764), but the Preferential Rights of Creditors Act (1970:979), the Salary Guarantee Act (1992:497) and the Companies Act (1975:1385) are equally important.In 2010, Sweden strengthened its secured transactions system through changes to the Rights of Priority Act that give secured creditors’ claims priority in cases of debtor default outside bankruptcy.
In rendering such opinion, Proskauer Rose LLP may rely upon the Company Reorganization Representation Letter and Parent Reorganization Representation Letter.
Optionee hereby irrevocably appoints the Company and its President, or either of them, as Optionee's agents and attorneys-in-fact, with full power of substitution for and in Optionee's name, to sell, exchange, transfer or otherwise dispose of all or a portion of Optionee's Shares and to do any and all things and to execute any and all documents and instruments in connection therewith, such powers of attorney to become operable only in connection with a Company Reorganization or Change in Control.