Examples of New Fox in a sentence
Prior to the acquisition, TFCF and a newly-formed subsidiary of TFCF (New Fox) entered into a separation agreement, pursuant to which TFCF transferred to New Fox a portfolio of TFCF’s news, sports and broadcast businesses and certain other assets.
TFCF retained all of the assets and liabilities not transferred to New Fox, the most significant of which were the Twentieth Century Fox film and television studios, certain cable networks (primarily FX and National Geographic), TFCF’s international television businesses (including Star) and TFCF’s 30% interest in Hulu LLC (Hulu).
Prior to the completion of the spin-off, New Fox will pay an $8.5 billion cash dividend to 21CF, subject to certain adjustments, representing an estimate of 21CF’s tax liability in connection with the spin-off.
Additionally, if the final estimate of the tax liabilities is lower than $8.5 billion, Disney will make a cash payment to New Fox reflecting the difference between such amount and $8.5 billion, up to a maximum cash payment of $2 billion.
No current or former employee of Seller, New Fox or any of their respective Affiliates, any Employee of the Business or any former Employee of the Business, including any beneficiary or dependent thereof, or any other Person not a party to this Agreement, shall be entitled to assert any claim against Buyer, Seller or any of their respective Affiliates under this Article IX.
Silberman served on the board of directors of Old Fox and on the Compensation Committee of the Old Fox board that approved the challenged stock awards.7 Breyer, Eddington, and Silberman did not join the Disney board or the New Fox board after the Transaction closed.
Fox shall not be obligated to include any Licensed Pictures that are not Qualified Pictures in any Existing Fox Output Deals or New Fox Output Deals that (A) relate to new theatrical releases only, (B) enumerate specific titles, and/or (C) contain volume restrictions for catalogue product.
Ex. 2 (Schedule 14A Definitive Proxy Statement filed on June 28, 2018) (“Proxy”), at 116.of Old Fox’s assets between Disney and New Fox, taking into account the regulatory risks accompanying any division.16 The negotiations with Disney primarily were undertaken by the three Murdochs (Rupert, Lachlan, and James); John P.
If any Licensed Picture is not included in an Existing Fox Output Deal or New Fox Output Deal pursuant to the procedures described above, Fox shall nevertheless exploit such Licensed Picture in accordance with the distribution standards and obligations set forth in Paragraph 9(a) above (subject to DWA’s approval rights hereunder).
In the event that DWA approves a given Existing Fox Output Deal or New Fox Output Deal pursuant to this Paragraph 9(e), such Existing Fox Output Deal or New Fox Output Deal, as applicable, shall be deemed approved by DWA for any and all Qualified Pictures released during the Output Term and licensed to Fox hereunder (and, if applicable, any other Licensed Pictures).