Examples of New Europe Holding Company in a sentence
On the Effective Date Reorganized Comdisco shall transfer all assets and stock of the Comdisco Debtors relating to the leasing business to the New Leasing Company and all of the stock of the Non-Debtor foreign subsidiaries to New Europe Holding Company.
As part of the Restructuring Transactions, Reorganized Comdisco shall form two new, wholly-owned direct subsidiaries, New Leasing Company and New Europe Holding Company.
Neither New Europe Holding Company nor its subsidiaries will assume any of the liabilities of the Debtors.
On the Effective Date Reorganized Comdisco shall transfer all the assets and stock of the Comdisco Debtors relating to the leasing business to the New Leasing Company and all of the stock of the Non-Debtor foreign subsidiaries to New Europe Holding Company.
The Debtors contemplate that under each alternative, the ultimate parent entity will be Reorganized Comdisco and the subsidiary entities, which may be directly or indirectly held by the parent entity depending on which structure is implemented, will consist of New Leasing Company, New Ventures Company and New Europe Holding Company.
As part of the Restructuring Transactions, the Plan provides that Reorganized Comdisco will form two new, wholly-owned direct subsidiaries, New Leasing Company and New Europe Holding Company.
New Leasing Company will hold all of the assets and stock relating to the domestic Leasing business, New Ventures Company will hold all of assets relating to the Ventures business and New Europe Holding Company will hold all of the stock of the European subsidiaries.
If the Debtors do not receive an acceptable offer for either the sale of France or Germany, then New Europe Holding Company will run off these businesses.
Therefore, the Debtors have forecasted that New Europe Holding Company will consolidate or run off the remaining non-core European operations.
As set forth in more detail in Section VIII.D., Reorganized Comdisco will have two wholly owned direct subsidiaries, New Leasing Company and New Europe Holding Company.