Examples of New Medtronic in a sentence
Each of New Medtronic and Medtronic Luxco hereby submits to the exclusive jurisdiction of the U.S. federal and New York state courts in the Borough of Manhattan in The City of New York in any suit or proceeding arising out of or relating to this Registration Rights Joinder Agreement or the transactions contemplated hereby.
Each of New Medtronic and Medtronic Luxco agrees that service of process upon such Authorized Agent, and written notice of such service to it at the address set forth below, shall be deemed in every respect effective service of process upon New Medtronic or Medtronic Luxco, as applicable, in any such suit or proceeding.
Each of New Medtronic and Medtronic Luxco agrees that final judgment in any such suit, action or proceeding brought in such court shall be conclusive and binding upon it and may be enforced in any court to the jurisdiction of which it is subject by a suit upon such judgment.
Each of New Medtronic and Medtronic Luxco waives any objection which it may now or hereafter have to the laying of venue of any such suit or proceeding in such courts.
New Medtronic: Medtronic plc 00 Xxxxx Xxxxx Xxxxxx Xxxxxx 0, Xxxxxxx Attention: General Counsel with a copy (which shall not constitute notice to New Medtronic) to: Medtronic, Inc.
New Medtronic irrevocably designates and appoints C T Corporation System, having an office on the date hereof at 000 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, and Medtronic Luxco irrevocably designates and appoints C T Corporation System, having an office on the date hereof at 000 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, as its respective authorized agent upon which process may be served in any such suit or proceeding (each, an “Authorized Agent”).
Shares of New Medtronic are expected to trade on the New York Stock Exchange.
New Medtronic Sub, a wholly-owned subsidiary of New Medtronic, is a private limited company incorporated in Ireland solely for the purpose of effecting the Transaction.
Each of Medtronic and New Medtronic Sub, an Irish entity formed to acquire Covidien in the “scheme of arrangement” have secured fully underwritten financing commitments from Bank of America, N.A. in the amount of US$2.8 billion and US$13.5 billion, respectively, for an aggregate amount of US$16.3 billion, which are available to finance the cash portion of the Acquisition, and pay fees and expenses related to the Transaction.
Medtronic and New Medtronic Sub each intend to later replace the bridge agreements or refinance any bridge borrowings through a new term debt issuance or use of cash on hand.