New Parent Company definition

New Parent Company means the Acquiring Company, or, if different the company that is the ultimate parent company of the Acquiring Company within the meaning of section 1159 of the Companies Act 2006; and
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New Parent Company means a newly-incorporated corporation organized under the laws of the State of Indiana that will be a wholly owned subsidiary of New Holding Company and that will own one hundred percent (100%) of New ATA Holdings.
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New Parent Company has the meaning set forth in the Recitals.
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Examples of New Parent Company in a sentence

  • On the Effective Date, the New Parent Company will issue the New Equity Interests, Pro Rata, to the holders of the Allowed Term Loan Secured Claims (the “Issuance”).

  • New Parent Company will take all necessary corporate action to effect the Issuance.

  • As of the Effective Date, the terms of the current members of the board of directors of the Debtors shall expire, and the initial boards of directors, including the New Parent Board, and the officers of each of the Reorganized Debtors shall be appointed in accordance with the respective governance documents for the New Parent Company and the Updated Governance Documents, as applicable.

  • Following the Issuance (as defined below), Vista HoldCo shall transfer 100% of the equity interests of (representing all of its ownership interests in) VPROP to the New Parent Company (the “VPROP Equity Transfer”) and the Specified Pre-Petition Debt shall be extinguished.

  • Among other things, the Updated Governance Documents shall reflect a form of the New Parent Company that provides for a tax efficient treatment satisfactory to the Required Consenting Lenders, in consultation with the Debtors.

  • Control of the New Parent Company will be vested in the New Parent Board, who will manage and govern the affairs of the New Parent Company.

  • After the Effective Date, the New Parent Company will negotiate in good faith to implement a Management Incentive Plan; provided that such Management Incentive Plan shall be subject to the approval of the New Parent Board.

  • Control of the New Parent Company will be vested in the New Parent Board, who willmanage and govern the affairs of the New Parent Company.

  • All obligations of each subsidiary shall remain the obligation of the respective subsidiary but shall not automatically become an obligation of the New Parent Company.

  • EXXX would also become a subsidiary of New Parent Company by the effectiveness of the Reorganization.


More Definitions of New Parent Company

New Parent Company means a newly-incorporated, wholly-owned subsidiary of New Holdco, as described in Section 6.5 of the Plan.
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New Parent Company means Guild Holdings Company, a Delaware corporation, or its successor.”
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Related to New Parent Company

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Subsidiary means, with respect to any specified Person:

  • Parent Subsidiary means any Subsidiary of Parent.

  • Foreign Subsidiary Holding Company means any Subsidiary of the Company which is organized under the laws of the United States of America or any State thereof or the District of Columbia, substantially all of the assets of which consist of the Capital Stock or Indebtedness of one or more Foreign Subsidiaries (or Restricted Subsidiaries thereof) and other assets relating to an ownership interest in such Capital Stock or Indebtedness.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • Parent Corporation means any present or future “parent corporation” of the Company, as defined in Section 424(e) of the Code.

  • JV Subsidiary means any Wholly-Owned Subsidiary of the Borrower that directly holds Capital Stock of a Joint Venture.

  • Qualified CFC Holding Company means a person (a) that is a Wholly Owned Subsidiary of a Domestic Loan Party and (b) who has no material assets other than Equity Interests in Foreign Subsidiaries that are CFCs or other Qualified CFC Holding Companies.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Constituent Company means an existing company that is participating in a merger or consolidation with one or more other existing companies;

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Natural parent means a minor's biological or adoptive parent, and includes the

  • Wholly Owned Subsidiary of any Person means a Subsidiary of such Person, 100% of the outstanding Equity Interests of which (other than directors’ qualifying shares) shall at the time be owned by such Person or by one or more Wholly-Owned Subsidiaries of such Person.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Parent Company Guarantee means a guarantee issued in favour of the Operator in substantially the form set out in Schedule 6 (Form of Parent Company Guarantee).