New Opco definition

New Opco means reorganized Boomerang, the direct parent company of each of reorganized BTCSP, LLC and BT Financing, Inc. upon Consummation.
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New Opco means NP Opco LLC, a Nevada limited liability company.
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New Opco means reorganized Boomerang, the direct parent company of each of
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Examples of New Opco in a sentence

  • Any funds remaining in the Professional Fee Escrow Account after all Allowed Professional Claims have been paid will be turned over to New Opco.

  • Whenever any distribution of fractional shares of New Holdco Common Stock or New Opco Common Units would otherwise be required pursuant to the Plan, the actual distribution shall reflect a rounding of such fraction to the nearest share (up or down), with half shares or less being rounded down.

  • The holders of New Holdco Common Stock and New Opco Common Units shall execute and become parties to the New Holdco Shareholders Agreement and the New Opco LLC Agreement, respectively (in their capacity as shareholders of New Holdco and unit holders of New Opco, respectively) as a condition to receiving their distributions under the Plan.

  • All New Holdco Common Stock and New Opco Common Units issued under the Plan shall be duly authorized, validly issued, fully paid, and non-assessable.

  • The New Holdco Shareholders Agreement and the New Opco LLC Agreement shall be adopted on the Effective Date and shall be deemed to be valid, binding, and enforceable in accordance with their respective terms, and each holder of New Holdco Common Stock and New Opco Common Units (as applicable) shall be bound thereby.


More Definitions of New Opco

New Opco means the entity surviving the OpCo Merger;
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New Opco means reorganized Boomerang, the direct parent company of each ofreorganized BTCSP, LLC and BT Financing, Inc. upon Consummation.
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New Opco means the entity, as of the Effective Date, that will own, directly or through one or more entities, all of the Reorganized Debtors’ operating assets (which, for the avoidance of doubt, will not include the Marquee Interests or the YES Interests), and which will be directly or indirectly wholly owned by New HoldCo.
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New Opco means 6041027 Canada Inc., a corporation incorporated under the CBCA as a wholly-owned subsidiary of AT&T Canada for the purpose of proposing and implementing an arrangement under Section 192 of the CBCA and, from and after the New OpCo Arrangement, will mean the corporation resulting from the amalgamation contemplated under the New OpCo Arrangement.
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New Opco means a subsidiary of the Borrower which becomes a Chargor (in accordance with the terms of the Issuer/Borrower Facility Agreement and the Security Trust Deed) which is incorporated or otherwise established in the same Relevant Jurisdiction as the Chargor with which it will enter into an Intra-Group Lease;
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New Opco means a wholly-owned Subsidiary of Purchaser designated in writing by Purchaser prior to Closing, which Subsidiary will own, directly or indirectly, all of the equity of the Purchasing Entities that acquire and assume the Exhibit A Purchased Assets and Exhibit A Assumed Liabilities set forth on Exhibits A-1 and A-2.
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New Opco means the direct or indirect Subsidiary or Subsidiaries of New Propco that obtain or acquire ownership, directly or indirectly, of the New Opco Acquired Assets in accordance with the New Opco Purchase Agreement, the SCI Plan, the SCI Confirmation Order and this Joint Plan.
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