New Arcapita Topco definition

New Arcapita Topco means the entity to be incorporated in the Cayman Islands and formed on or prior to the Effective Date that will issue the New Arcapita Shares and own, after the Effective Date, 100% of the issued and outstanding shares in New Arcapita Bank Holdco and 99.99% of the issued and outstanding shares in New Arcapita Holdco 1.
Sample 1Sample 2Sample 3

Examples of New Arcapita Topco in a sentence

  • The New Arcapita Class A Shares are redeemable in such number of installments as the board of directors of New Arcapita Topco may determine, pro rata, with the payment of the Liquidation Preference.

  • As provided in the Implementation Memorandum, New Arcapita Topco will be a newly formed Cayman Islands entity which will be the ultimate top-tier New Holding Company.

  • The Plan proposes to establish a new Cayman Islands holding company (“New Arcapita Topco”) which will own and control a series of newly formed intermediate Cayman Islands, Delaware and potentially Bahraini holding company subsidiaries (collectively with New Arcapita Topco, the “New Holding Companies”).

  • In exchange for their Allowed Claims, the majority of the Debtors’ unsecured creditors (as described more fully below) will receive a Pro Rata Share of a new Shari’ah compliant Sukuk facility (the “Sukuk Facility”), which will be on the terms described below and in the Exhibits attached hereto, substantially all of the equity of the New Holding Companies and certain warrants issued by New Arcapita Topco (as defined below).

  • The New Arcapita AIHL Class A Shares and New Arcapita Bank Class A Shares will have identical terms, other than with respect to voting control related to the selection of directors to the New Board of New Arcapita Topco.

  • Each distribution and issuance of New Arcapita Shares and New Arcapita Warrants pursuant to the Plan will be governed by applicable Cayman Islands law and the New Governing Documents of New Arcapita Topco, the terms and conditions set forth in the Plan applicable to such distribution or issuance and by the terms and conditions of the instruments evidencing or relating to such distribution or issuance, which terms and conditions will bind each Person receiving such distribution or issuance.

  • The New Arcapita Shareholder Warrants (together with the New Arcapita Creditor Warrants, the “New Arcapita Warrants”), if issued, will be issued by New Arcapita Topco and distributed to Holders of Allowed Subordinated Claims against Arcapita Bank and Transferring Shareholders.

  • The New Arcapita Ordinary Shares will be ordinary shares issued by New Arcapita Topco which will rank junior to the New Arcapita Class A Shares.

  • The New Arcapita Ordinary Shares are subject to dilution and adjustment from time to time upon the exercise of the New Arcapita Creditor Warrants and the New Arcapita Shareholder Warrants (if issued) occurring after the Effective Date.The New Arcapita Creditor Warrants issued by New Arcapita Topco will be distributed to Holders of Allowed General Unsecured Claims, Allowed Syndicated Facility Claims and Allowed Arcsukuk Claims against AIHL.

  • Upon the exercise of the New Arcapita Creditor Warrants, the Allowed Creditors of Arcapita Bank who are not the beneficiaries of a guarantee from AIHL, on the one hand, and the Allowed Creditors of AIHL, on the other hand, will each own, in the aggregate, 50% of the then outstanding equity in New Arcapita Topco.

Related to New Arcapita Topco

  • 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;

  • SoftBank means Softbank Group Corp.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • EAG clause 35;

  • Native Hawaiian means any individual who is a descendant of the aboriginal people who, prior to 1778, occupied and exercised sovereignty in the area that now constitutes the State of Hawaii.

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • CMBI means Chase Manhattan Bank International, an indirect wholly-owned subsidiary of Bank, located in Moscow, Russia, and any nominee companies appointed by it.

  • STP means the temperature of fifteen degrees Celsius (15°C) and at a pressure of one hundred and one decimal three two five kilopascals (101.325 kPa).

  • Automotive hard paste wax means an automotive wax or polish that is:

  • Topco has the meaning set out in the Preamble;

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • parent mixed financial holding company in a Member State means a mixed financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in that same Member State;

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such, or such earlier date as a majority of the Board of Directors shall become aware of the existence of an Acquiring Person.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Acquisition Corp. shall have the meaning given to such term in the preamble to this Agreement.

  • IOSCO means the International Organisation of Securities Commissions.

  • CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission.

  • Holdco has the meaning set forth in the Preamble.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Constellation has the meaning assigned to that term in the Recitals.

  • Class I renewable energy means electric energy produced from

  • Class II renewable energy means electric energy produced at a