New Leasing Company definition

New Leasing Company means New Comdisco Leasing, pursuant to the structure reasonably agreed upon by the Debtors and the Creditors' Committee, pursuant to Section 7.1 of the Plan an indirect, wholly-owned, non-debtor subsidiary of Reorganized Comdisco organized under the laws of Delaware or under such other law as determined by the Debtors.
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New Leasing Company means New Comdisco Leasing, a wholly-owned subsidiary of Comdisco, organized under the laws of Delaware or under such other law or as such other business entity as determined by the Debtors.
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Examples of New Leasing Company in a sentence

  • The New Senior Notes will be co-issued by Reorganized Comdisco and New Leasing Company and have a face amount of $400 million.

  • The New PIK Notes will be co-issued by Reorganized Comdisco and New Leasing Company and will have a face amount of at least $500 million.

  • 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.

  • Summary of Terms Subordinated Secured Notes (Series B) due 2005 Issuer: Reorganized Comdisco ("Reorganized Comdisco") and New Leasing Company ("New Leasing Company"), a wholly-owned direct subsidiary of Reorganized Comdisco will issue the Series B Notes as co-issuers.

  • New Leasing Company will maximize the value of these Leasing verticals through the orderly run off of these portfolios.

  • 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.

  • 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.

  • In addition, Reorganized Comdisco shall form New Ventures Company, a direct wholly-owned subsidiary of New Leasing Company and shall transfer to New Ventures Company all assets of the Comdisco Debtors related to the Ventures business.

  • New Leasing Company is the result of the consolidation of two market verticals, IT Leasing and Telecommunications Leasing.

  • 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.

Related to New Leasing Company

  • Leasing company means that term as defined in 49 USC 14504a.

  • existing company means a company formed and registered under any of the previous companies laws…”

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • CHP means combined heat and power.

  • Condominium Corporation means a condominium or strata corporation established under Provincial Legislation.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Mutual housing corporation means a corporation not-for-profit,

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Leasing Commissions means leasing commissions incurred by Borrower in connection with leasing any Mortgaged Property or any portion thereof (including renewals of existing Leases).

  • Boathouse (NR 115.03(1h)) means a permanent structure used for the storage of watercraft and associated materials and includes all structures which are totally enclosed, have roofs or walls or any combination of these structural parts.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Rental company means a person or entity in the business

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Urban renewal area means a slum area or a blighted area or a combination thereof which the municipality designates as appropriate for an urban renewal project.

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include:

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Urban renewal plan means a plan, as it exists from time to time, for an urban renewal project, which plan shall be sufficiently complete to indicate such land acquisition, demolition and removal of structures, redevelopment, improvements, and rehabilitation as may be proposed to be carried out in the urban renewal area, zoning and planning changes, if any, land uses, maximum density and building requirements.

  • Original Partnership Agreement has the meaning set forth in the recitals to this Agreement.

  • Anchor means a device, structure, or assembly which stabilizes a Pole and holds it in place. An Anchor assembly may consist of a rod and fixed object or plate, typically embedded in the ground, which is attached to a xxx xxxxxx or guy wire, which, in turn, is attached to the Pole. The term Anchor does not include the xxx xxxxxx which connects the Anchor to the Pole and includes only those Anchors which are owned by AT&T-22STATE, as distinguished from Anchors which are owned and controlled by other persons or entities.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Operating Partnership has the meaning set forth in the preamble.

  • Bidding Company shall refer to such single company that has made a Response to RFP for the Project;

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • Existing LLC Agreement is defined in the recitals to this Agreement.