Newco Contracts definition
Examples of Newco Contracts in a sentence
Employee programs listed on the Newco Contracts Schedule will not terminate on the Effective Date and will be assumed by Newco.
Promptly following the Separation Date, Fox shall deliver, or shall cause its appropriate Subsidiaries to deliver, to Newco, the Newco Books and Records, Newco Contracts and any other documents that are A&S Assets.
The Newco Contracts Schedule or the Assumed Contracts Schedule shall include a designation of the monetary cure amount the Debtors believe is owed with respect to each Executory Contract set forth in the Schedules.
A condition to the EffetiveEffective Date is that the aggregate amount of the cure Claims to be paid by Debtors and/or the Fairfield Trust for the Executory Contracts listed on the Newco Contracts Schedule shall not exceed $200,000; Newco shall be responsible for all amounts of cure Claims for the Executory Contracts listed on the Newco Contracts Schedule in excess of $200,000.
Part 2.7(b) of the Xxxxxxx Disclosure Letter contains an accurate and complete list of all subleases, occupancy agreements and other Newco Contracts granting to any Person (other than any Communications Company) a right of use or occupancy of any of the Newco Leased Real Property in effect as of the date of this Agreement.
No Acquired Company (or, in the case of the Newco Contracts, Affiliate of Seller) is in breach or violation of, or default under, any of the Scheduled Contracts, except where such breaches or violations or defaults would not have a Material Adverse Effect on the Acquired Companies.
Neither Seller nor any of the Acquired Companies (or, in the case of the Newco Contracts prior to their respective transfer to Newco, any Affiliate Seller) has waived or released in any material respect any of its material rights thereunder or entered into any forbearance or moratorium agreement with respect thereto.
The Newco Contracts Schedule shall be subject to the approval of each of the New Money Investors.
Assumption Objection Deadline” shall mean the day that is seven(7) days after the Debtors file and serve the Newco Contracts Schedule or the Assumed Contracts Schedule, as applicable.
Seller has made available to Buyer all material non-privileged environmental, health and safety reports, assessments, audits, analyses, records and data prepared by or on behalf of Seller on the Acquired Companies within the last twenty-four months or relating to any of the Asset Groups or the Newco Contracts.