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.
Sample 1Sample 2Sample 3
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.
Sample 1

Examples of New Leasing Company in a sentence

  • As part of the Restructuring Transactions, Reorganized Comdisco shall form two new, wholly-owned direct subsidiaries, New Leasing Company and New Europe Holding Company.

  • On the Effective Date Reorganized Comdisco shall transfer all 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.

  • Policy CA51 - A Multi Purpose Venue Planning permission will be granted for the development of a multi- purpose venue in the Central Area capable of use for theatre, concerts, exhibitions and conferences.

  • 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.

  • There will be no penalty for or limitation on the ability of New Leasing Company to prepay the principal amount of the New PIK Notes.

  • 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.

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

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

  • EXHIBIT B LIST OF COLLATERAL DOCUMENTS Pledge Agreement encumbering all Note Collateral including: UCC-1 Financing Statements EXHIBIT E-1 ----------- TERM SHEET FOR NEW SENIOR NOTES INDENTURE Summary of Terms of Senior Secured Notes (Series A) due 2003 Co-Issuers: Reorganized Comdisco ("Reorganized Comdisco") and New Leasing Company ("New Leasing Company"), a wholly-owned direct subsidiary of Reorganized Comdisco, will issue the Series A Notes as co-issuers.

  • 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.

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.

  • 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).

  • 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 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 management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

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

  • Bidding Company means a Subsidiary of the Company whose capital is beneficially owned by the Company and any other Person or Persons that are not Affiliates of the Company for the sole purpose of directly or indirectly bidding on construction projects.

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

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.