New Sub definition
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.