New Board definition

New Board means the board of directors or the board of managers of Reorganized Neiman.

New Board means New Holdco’s initial board of directors.

New Board means the initial board of directors of the Reorganized Debtor, to be appointed as of the Effective Date.

Examples of New Board in a sentence

• On the Effective Date, the New Board shall be established, and the Reorganized Debtors shall adopt their New Organizational Documents.

• Approval of New Board PoliciesIt is recommended the Board approve the proposed policies.

• To the extent known, the identity of the members of the New Board will be disclosed in the Plan Supplement or prior to the Confirmation Hearing, consistent with section 1129(a)(5) of the Bankruptcy Code.

• On the Effective Date, the term of the current members of the board of directors of Visteon Corporation shall expire, and the New Board shall be appointed.

• In accordance with section 1129(a)(5) of the Bankruptcy Code, the identities and affiliations of the members of the New Board and any Person proposed to serve as an officer of the Reorganized Debtors shall be disclosed at or before the Confirmation Hearing, in each case to the extent the identity of such proposed director or officer is known at such time.

More Definitions of New Board

New Board means the board of directors or managers of Reorganized Parent.

New Board means the Board of Directors of the Reorganized Debtor.

New Board means the initial board of directors of Reorganized Holdings.

New Board means the board of directors or similar governing body of Reorganized iQor.

New Board means, with respect to each Reorganized Debtor and New Chemtura, the initial board of directors of such Entity appointed as of the Effective Date, the members of which shall be determined in accordance with Section 5.18.

New Board means the board of directors of the Reorganized Debtors appointed in accordance with the terms of the Governance Term Sheet. The identities of directors on the New Board shall be set forth in the Plan Supplement.

New Board means the initial board of directors of Reorganized HoldCo as of the Effective Date, as determined in accordance with the Plan Support Agreement.