New Holdco 1 definition

New Holdco 1 means Operand Pharmaceuticals HoldCo II Limited, a private company limited by shares incorporated and tax resident in Ireland (Registration Number: 730648) formed for the purposes of acting as a new holding company of Endo Global Biologics Unlimited Company.
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New Holdco 1 means Sparrow River Investments Ltd.
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New Holdco 1 means a company, incorporated or to be incorporated in the Cayman Islands, which, pursuant to the Plan of Reorganization and in accordance with the Implementation Memorandum, will own directly 100% of the Equity Interests in the Exit Purchaser.
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Examples of New Holdco 1 in a sentence

  • If, prior to the occurrence of an initial public offering, the employment of a Grantee with New Holdco 1 and its subsidiaries terminates for any reason, then the Option, if then vested, will be converted into a right to receive an amount in cash equal to the difference between the fair market value of the common stock for which the Option is exercisable and the strike price of the Option.

  • If, prior to the occurrence of an initial public offering, there is a sale of New Holdco 1, then the Option, if then vested, will be converted into a right to receive an amount in cash equal to the difference between the fair market value of the common stock for which the Option is exercisable and the strike price of the Option.

  • In connection with the Combination, New Holdco 1 adopted a stock option plan (the “Option Plan”).

  • In addition, LP 4, LP 5, Manager and Investor 1 are parties to the Stockholders Agreement, substantially as if each held directly the percentage of the stock of New Holdco 1 held by each through New Holding LP.

  • In connection with the closing of the Combination, New Holdco 1 adopted a Stockholders Agreement, to which LP 1, LP 2, LP 3, LP 5 (in respect of its direct holding in New Holdco 1), New Holding LP and the other direct holders of stock in New Holdco 1 are parties.

  • At the time of an initial public offering of the stock of New Holdco 1, New Holding LP will distribute to any Grantee that is a partner in New Holding LP his proportionate share of the stock of New Holdco 1 held by New Holding LP, and the Stockholder’s Agreement will be terminated.

  • The Option Plan provides for the grant of nonqualified options to acquire the common stock of New Holdco 1 (“Options”), on customary terms and conditions, to employees of, or other service providers to, New Holdco 1 and its subsidiaries (“Grantees”), in connection with the Grantee's performance of services as an employee, director or independent contractor of or to New Holdco 1 and its subsidiaries.

  • New Holding LP and the LPs contemplate that they may ultimately exit their position in New Holdco 1 through an initial public offering of the stock of New Holdco 1.

  • After completion of the Combination, and only if the taxpayers receive certain additional rulings under § 355, the taxpayers contemplate that they would transfer Company 2 to New Holdco 1.

  • In connection with the issuance of the New LP 5 Notes, LP 5 made an equity contribution of $bb to New Holdco 1 in exchange for cc% of the common stock in New Holdco 1 (the “LP 5 Equity Contribution”).


More Definitions of New Holdco 1

New Holdco 1 means Steinhoff UK Holdco Limited, a company incorporated under the laws of England and Wales, having its registered office at The Space (Floor 3), 120 Regent Street, London, United Kingdom with registration number 14897534.
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Related to New Holdco 1

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • Holdco has the meaning set forth in the Preamble.

  • 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:

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

  • Foreign Subsidiary Holdco means any Guarantor Subsidiary designated as a Foreign Subsidiary Holdco by the Company, so long as such Subsidiary has no material assets other than securities, indebtedness or receivables of one or more Foreign Subsidiaries (or Guarantor Subsidiaries thereof), intellectual property relating solely to such Foreign Subsidiaries (or Guarantor Subsidiaries thereof) and/or other assets (including cash and cash equivalents) relating to an ownership interest in any such securities, indebtedness, intellectual property or Guarantor Subsidiaries.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Merger Sub II has the meaning set forth in the Preamble.

  • US Holdco means any existing or future Domestic Subsidiary the Equity Interests of which are held solely by Foreign Subsidiaries; provided that such existing or newly formed Subsidiary shall not engage in any business or own any assets other than the ownership of Equity Interests in Foreign Subsidiaries and intercompany obligations that are otherwise permitted hereunder.

  • Bidco means a business and industrial development company licensed under this act. The term includes a business development enterprise.

  • Subsidiary Agreement means the agreement referred to in Section I.B of Schedule 2 to this Agreement pursuant to which the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity.

  • Subsidiary Agreements means said agreements collectively.

  • Merger Sub I has the meaning set forth in the Preamble.

  • ETP means Energy Transfer Partners, L.P., a Delaware limited partnership.

  • Topco has the meaning set forth in the Preamble.

  • OpCo has the meaning set forth in the Preamble.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • Non-U.S. Subsidiary means any Subsidiary that is organized under the laws of a jurisdiction other than the United States of America or any State thereof or the District of Columbia.