New Chemtura definition

New Chemtura means Reorganized Chemtura.
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New Chemtura means a new Entity to be formed prior to the Effective Date, which will hold all of the stock in Reorganized Chemtura.
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Examples of New Chemtura in a sentence

  • Total Enterprise Value Distributions of New Common Stock to Holders of Allowed Claims, and the establishment and maintenance of the Disputed Claims Reserve, Diacetyl Reserve and Environmental Reserve, as described below, shall be based upon, among other things, the New Chemtura Total Enterprise Value.

  • For purposes of distribution, the New Common Stock shall be deemed to have the value assigned to it based upon, among other things, the New Chemtura Total Enterprise Value regardless of the date of distribution.

  • Additionally, the Plan contemplates issuing up to 100 million shares of stock in New Chemtura (which is referred to as New Common Stock), which stock will provide an additional source of recovery for holders of unsecured Claims and possibly for holders of Interests in Chemtura.

  • New By-Laws” means, with respect to each Reorganized Debtor and New Chemtura, thenew by-laws of such Entity, the form of which shall be included in the Plan Supplement.

  • To the extent known, the identity of the members of the New Boards of New Chemtura and of each of the Reorganized Debtors and the nature and compensation for any member of a New Board who is an “insider” under section 101(31) of the Bankruptcy Code will be identified in the Plan Supplement but, in any event, shall be disclosed at or before the Confirmation Hearing.

  • New Board” means, with respect to each Reorganized Debtor and New Chemtura, theinitial 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.

  • The releases and discharges of Claims and Causes of Action by the Debtors described in Section 11.2 of the Plan (the “Debtor Releases”) releases certain parties defined in the Plan as the “Released Parties.” The Released Parties include the Debtors, New Chemtura, the Reorganized Debtors, the Creditors’ Committee, the Ad Hoc Bondholders’ Committee, the Indenture Trustees, the DIP Agent, the DIP Lenders and the subsidiaries, affiliates, members, officers, directors, professionals and employees of each.

  • New Chemtura Total Enterprise Value” is $2.05 billion plus, except as otherwise agreedamong the Debtors, the Creditors’ Committee and the Ad Hoc Bondholders’ Committee in their discretion, total Cash available to satisfy Allowed Unsecured Claims plus the amount of Cash to be retained following the Effective Date (which is expected to be approximately $125 million).

  • The New Chemtura Total Enterprise Value does not exceed $2.05 billion.

  • Rights” means the rights to subscribe for and acquire on the Effective Date New CommonStock in exchange for $100 million in Cash, with such subscription and acquisition to be at a price consistent with the New Chemtura Total Enterprise Value, and in accordance with the other terms and conditions of the Rights Offering as set forth in the Rights Offering Procedures.

Related to New Chemtura

  • ACCO means the person delegated authority by the Commissioner to organize and supervise the procurement activity of subordinate agency staff in conjunction with the CCPO, or his/her duly authorized representative. All written notices or communications to the ACCO shall be sent, as specified, to 00 Xxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 (“Office of the ACCO”).

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • SpinCo shall have the meaning set forth in the Preamble.

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • CBC means the Collective Bargaining Committee

  • RemainCo shall have the meaning set forth in the Preamble.

  • Holdco has the meaning set forth in the Preamble.

  • QFII means a qualified foreign institutional investor approved pursuant to the relevant PRC regulations (as amended from time to time).

  • Cendant means Cendant Corporation, a Delaware corporation.

  • Topco has the meaning set forth in the Preamble.

  • EUWA means the European Union (Withdrawal) Act 2018, as amended.

  • 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).

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • GVWR means gross vehicle weight rating.

  • EBS means Electronic Bid Submission.

  • LMC means Liberty Media Corporation, a Delaware corporation.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • OpCo has the meaning set forth in the Preamble.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • AIG means American International Group, Inc.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • Company Equity Plans means (i) the Company’s 2014 Equity Incentive Plan as amended and restated from time to time, (ii) the Company’s 2004 Equity Incentive Plan, as amended and restated from time to time and (iii) the Inference Technologies Group Inc. 2018 Equity Incentive Plan, as amended and restated from time to time.