New Sub definition

New Sub. As defined in the Settlement and Restructuring Agreement.
New Sub means a Nevada limited liability company that is wholly-owned by Seller or one of its Subsidiaries and is formed solely for the purpose of the Pre-Closing Contribution and is disregarded as an entity separate from Seller for U.S. federal and, where applicable, state and local income tax purposes.
New Sub has the meaning set forth in Section 6.18(a).

Examples of New Sub in a sentence

  • The index-adjusted high watermark will at all times take into account the Effect of New Sub- scriptions and Effect of Redemptions or Distributions as described below.

  • Each share of common stock, without par value, of New Sub I issued and outstanding immediately prior to the Effective Time of the First Merger will automatically be canceled and retired and will cease to exist, and no consideration will be delivered in exchange therefor.

  • Each of the Company, PubCo, Acquiror and New Sub also agrees to (and shall cause each of its Subsidiaries to) use its commercially reasonable efforts to obtain all necessary state securities law or “Blue Sky” permits and approvals required to carry out the Transactions, and the Company shall furnish all information concerning the Company and its Subsidiaries and any of their respective members or shareholders as may be reasonably requested in connection with any such action.

  • The New LLC Interests and New Sub Debt issued to the Senior Lenders on account of Class 2 Claims shall have a total value equal to the Converted Senior Lender Debt.

  • All shares in the capital of NV held in treasury by NV, New NV or New Sub at the Effective Date will be cancelled and cease to exist by operation of law.

  • This Agreement has been duly and validly executed and delivered by each of SCANA, New Sub I and New Sub II and, assuming the due authorization, execution and delivery hereof by the other signatories hereto, constitutes the valid and binding obligation of each of SCANA, New Sub I and New Sub II enforceable against it in accordance with its terms.

  • New Sub- Funds created after the incorporation and launch of the Fund will participate in the non- amortised formation costs and expenses of the Fund.

  • The execution and delivery of this Agreement and the consummation by each of SCANA, New Sub I and New Sub II of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of SCANA, New Sub I and New Sub II, subject to obtaining SCANA Shareholders' Approval.

  • SECOND READING 6.a Ordinance No. 1-2-2023: (Public Hearing) Ordinance of the Township of Evesham Amending Chapter 62-56.H. Street Trees and Adding New Sub Section (11).

  • New Sub II will be the surviving corporation in the Second Merger (the "Surviving Corporation") and shall succeed to and assume all the rights and obligations of PSNC in accordance with the NCBC Act and the SCBC Act.


More Definitions of New Sub

New Sub as defined in Section 3.6.2(e).
New Sub has the meaning ascribed thereto in the preamble to this Agreement.
New Sub means Unilever International Holding B.V. a private limited liability company incorporated under the laws of the Netherlands by New NV for the purpose of effecting the Dutch Merger registered with the Dutch Trade Register of the Chamber of Commerce under number 71450041 as such company may be renamed from time to time (being the successor entity of the Initial Issuer pursuant to the Dutch Merger); and
New Sub has the meaning set forth in SECTION 3.8(i).

Related to New Sub

  • New Subsidiary means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries.”

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Additional Guarantor means any subsidiary of the Company that executes a Guarantee under the Indenture after the date of this Agreement.

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • Security Joinder Agreement means each Security Joinder Agreement, substantially in the form thereof attached to the Security Agreement, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Joinder Supplement means an agreement among the Borrower, a Lender, its Lender Agent and the Administrative Agent in the form of Exhibit E to this Agreement (appropriately completed) delivered in connection with a Person becoming a Lender hereunder after the Closing Date.

  • Notation of Guarantee means a notation, substantially in the form of Exhibit A, executed by a Guarantor and affixed to each Security of any Series to which the Guarantee of such Guarantor under Article XII of this Indenture applies.

  • Additional Grantors shall have the meaning assigned in Section 5.3.

  • Additional Grantor means a Subsidiary of Company that becomes a party hereto after the date hereof as an additional Grantor by executing a Counterpart.

  • E-Signature means the process of attaching to or logically associating with an Electronic Transmission an electronic symbol, encryption, digital signature or process (including the name or an abbreviation of the name of the party transmitting the Electronic Transmission) with the intent to sign, authenticate or accept such Electronic Transmission.

  • Michigan national guard means that term as defined in section 105 of the Michigan military act, 1967 PA 150, MCL 32.505.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Execution Venue means the entity with which client orders, assets or securities are placed and/or to which the Company transmits Client’s orders for execution.

  • Signature Guarantee Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  • Subsidiary Joinder Agreement means a joinder to this Agreement, substantially in the form of Exhibit C.

  • Signatory means an individual who authenticates a record and is bound by its terms.

  • Guarantor Joinder Agreement means a guarantor joinder agreement substantially in the form of Exhibit 7.12 delivered by a Domestic Subsidiary of the Borrower pursuant to Section 7.12.

  • Signature means a tangible symbol or an electronic signature that evidences the signing of a record.

  • Guaranty Supplement has the meaning specified in Section 8.05.

  • Witness Signature Witness Name:

  • Lender Joinder Agreement means a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent delivered in connection with Section 5.13.

  • duly sign means a Declaration Certificate for Local Content that has been signed by the Chief Financial Officer or other legally responsible person nominated in writing by the Chief Executive, or senior member / person with management responsibility(close corporation, partnership or individual).

  • Additional Governors means Governors who may be appointed by the Secretary of State under the Articles of Association.

  • Borrower Joinder Agreement means a joinder agreement substantially in the form of the Borrower Joinder Agreement attached as Exhibit H-2 hereto or in such other form agreed by the Administrative Agent and the Administrative Borrower.