Examples of Newco in a sentence
Xxxxx Holdings has the sole voting power and power of disposition with respect to the Equity Interests of Newco with no limitations, qualifications or restrictions with respect to such rights and powers.
For the avoidance of doubt, Flogistix Holdings shall control Newco solely with respect to the delivery of the Xxxxx Closing Statement and the Flowco Closing Statement and, to the extent Xxxxx Holdings or Flowco Production Solutions, as applicable, is a Disputing Party, shall control Newco solely with respect to the resolution of any Disputed Items included in the Xxxxx Closing Statement or Flowco Closing Statement, as applicable.
Newco is a limited liability company duly organized, validly existing and in good standing under the Laws of the State of Delaware.
True, correct and complete copies of the Organizational Documents of Newco, as in effect on the date hereof, have been provided to the other Parties.
There are no voting trusts, proxies or other agreements or understandings to which Xxxxx Holdings or Newco is a party or is bound with respect to the voting of any Equity Securities of Newco.