New Issuer definition

New Issuer means a new wholly-owned subsidiary of Funding, which is established to issue New Notes and to make a New Intercompany Loan to Funding;

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New Issuer means any Person which substitutes the Issuer pursuant to Condition 11.

New Issuer means a Surviving Entity which, following a Permitted Reorganisation, is a person other than the Original Issuer;

Examples of New Issuer in a sentence

• If a New Issuer Deposit Account has a balance in excess of $100,000 at any time, the Issuer shall within ten (10) Business Days thereafter (i) transfer from such New Issuer Deposit Account the amount by which the deposits in such account are in excess of $100,000 to a Pledged Deposit Account, or (ii) cause to be delivered to the Indenture Trustee a New Issuer Deposit Account Control Agreement with respect to such New Issuer Deposit Account.

• At the time of delivery of any New Issuer Deposit Account Control Agreement, the Issuer shall deliver an Opinion of Counsel to the Indenture Trustee that such agreement creates an enforceable perfected security interest against the applicable Collateral under applicable law.

• For the purposes of this Clause 17.1 (Modification), a proposed modification will not materially harm the interest of any Noteholder solely as a result of any New Issuer executing a Deed of Accession pursuant to Clause 3.12 (New Intercompany Loans) of the Funding Deed of Charge or Clause 2.2 (New Intercompany Loan Agreement) of the Intercompany Loan Terms and Conditions.

• All notices or other communications to the New Issuer shall be given as provided in Section 13.02 of the Indenture.

• Upon execution of this Supplemental Indenture by the New Issuer, the Parent Guarantor and the Trustee, the Escrow Issuer is released and discharged from all obligations under the Indenture and the Notes.

More Definitions of New Issuer

New Issuer means any Person which substitutes the Issuer pursuant to Condition 10.

New Issuer has the meaning specified in Section 803.

New Issuer is defined in Section 23.3(b).

New Issuer means each direct or indirect wholly-owned Subsidiary of BRELP that becomes a party to this Indenture as an “Issuer” pursuant to a Supplemental Indenture, and “New Issuer” means any one of them.

New Issuer means Specialty Holdco Belgium, a private liability company (société à responsabilité limitée/besloten vennootschap) organised under the laws of Belgium and registered with the Crossroads Bank for Enterprises (Kruispuntbank van Ondernemingen/Banque-Carrefour des Entreprises) under number 0798.896.453 (RPM/RPR Brussels);

New Issuer is defined in Section 6.2.2.

New Issuer means, in respect of: (a) Funding, a new wholly-owned subsidiary of Funding, which is established to issue New Notes and to make a New Intercompany Loan to Funding; and (b) in respect of Funding 2, a new wholly-owned subsidiary of Funding 2, which is established to issue New Notes and to make a Funding 2 Intercompany Loan to Funding 2 and may also be referred to as "New Funding 2 Issuer";