New Entities definition
Examples of New Entities in a sentence
Each of the New Entities was formed solely for the purpose of engaging in the Restructuring and the Transactions, has not engaged in any other business activities other than in connection with its formation, the Restructuring or the other Transactions, and does not have any Liabilities (other than de minimis Liabilities incident to its formation, or in the case of Holdings, Liabilities under the Transaction Documents).
Jeremy Bauer-Wolf, Running Without State Approval, Lambda School Shows Challenge of Regulating New Entities, EDUC.
We further define new entities as follows:2 E \ E \Definition 2.2 (New Entities in a Temporal Knowledge Graph).
After executing the Agreement, QSI realized that it had inadvertently miscalculated the number of full-time employees employeed during its base year and inadvertently failed to include NextGen Healthcare Information Systems LLC, QSI Management LLC, and Mirth LLC (collectively New Entities) as parties to the Agreement although these companies’ employees were included in the calculation of base year full-time employees in the application.
The securities of the New Entities issued in exchange for Securities shall not be transferable to any greater degree than Securities held subject to this Agreement and all such new securities of the New Entities shall be subject to all restrictions provided herein or in any Manager Equity Agreement as if such newly issued securities in the New Entities were Securities.
A New entity Account is an account opened on or after 1 January 2014 8.1 Exemptions that apply to New Entity AccountsThere is no deminmis threshold for New Entity accounts also all new entity accounts are subject to the review and the due diligence procedures.As there are no deminmis thresholds for New Entities there will be no need to apply the aggregation or currency conversion rules.
Any or all of the obligations of Holdco contained in this Section 2.05 may be performed, satisfied or fulfilled by one or more Sorin Subsidiaries or New Entities reasonably acceptable to Cyberonics; provided that Holdco shall not be relieved of its obligations under this Section 2.05 to the extent not performed, satisfied or fulfilled in full by such Sorin Subsidiaries or New Entities.
Principal among these are your individual interests in controlling or influencing the management decisions, business and operations of the New Entities.
The focus of the Motion is on expenses related to the transfer of Permits issued by state andfederalgovernment agencies, which comprise the majority of the Permits to be transferred to the New Entities (there are in excess of 6,100 federal agency Permits and in excess of 6,700 state agency Permits).
Samsung represents that all of the employees of the New Entities are comprised of former Samsung employees and/or new hires that would meet the conditions of the Agreements for purposes of achieving the Milestones in the Agreements.