New Holding Company definition

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:
New Holding Company means an Eligible Company that becomes the Ultimate Owner following a Permitted Restructuring;
New Holding Company means the corporation under the name Global Ship Lease Inc. (as may be renamed following the Merger), a corporation incorporated in the Republic of the Xxxxxxxx Islands, whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, X.X. Xxx 0000, Xxxxxx, Xxxxxxxx Xxxxxxx MH96960 and whose shares are publically listed on the New York Stock Exchange.

Examples of New Holding Company in a sentence

  • The New Securities Company shall be a subsidiary directly owned by the New Holding Company.

  • Each Shareholder hereby acknowledges they are bound by the Articles, and irrevocably and unconditionally undertakes to take such action as required by the provisions of Articles [22] (Drag-Along), [33] (Lock-up) and [34] (New Holding Company) of the Articles and to take all such actions and execute all such documents as are necessary in accordance with those provisions in order to give effect to them.


More Definitions of New Holding Company

New Holding Company means an Eligible Company that becomes the ultimate holding company of the Group following a Permitted Restructuring;
New Holding Company means a company which obtains Control of the Company where 90% or more of the New Holding Company’s ordinary shares are held in substantially the same proportions by substantially the same persons who previously held the Company’s ordinary shares;
New Holding Company means a company which has the same (or substantially the same) shareholders holding the same (or substantially the same) proportionate shareholdings as the shareholders of the Company immediately before its creation.
New Holding Company means a corporation to be created pursuant to the terms of this Plan, or, in the discretion of Kmart’s board of directors after consultation with the Creditors’ Committees, a Reorganized Debtor, to hold 100% of the New Operating Company Common Stock on and after the Effective Date.
New Holding Company means any person or company that is the registrant in connection with the IPO;
New Holding Company means any new holding company of the Company, formed for the purpose of facilitating a Reorganisation Transaction, Refinancing or an IPO;
New Holding Company means any new holding company of the Company, formed for the purpose of facilitating a Reorganisation Transaction, a Refinancing or an IPO (excluding any holding company of the Company which is a special purpose vehicle utilised by the Investors (and not any other Security Holder) to facilitate their direct or indirect investment in the Group);