Newco Holdings definition

Newco Holdings means a newly formed limited liability company formed pursuant to the Restructuring Transaction Steps that will issue the New Common Equity.
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Newco Holdings means the limited liability company or other form of entity to be formed at the direction of the Prepetition Agent on behalf of the Prepetition Lenders, to own the New Equity Interests in Falcon Holdings to be issued under this Plan.
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Newco Holdings means the limited liability company, corporation or other entity to be formed at the election of the First Lien Agent acting at the direction of the First Lien Required Lenders or the DIP Agent acting at the direction of the DIP Required Lenders, as applicable, to own the New Equity Interests in Reorganized Remora Operating to be issued under this Plan.
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Examples of Newco Holdings in a sentence

  • Guarantor: A newly formed holding company, whose sole purpose is to own the stock of Newco ("Holdings").

  • On the Effective Date, or as soon thereafter as reasonably practical, subject to the terms and conditions of the Restructuring Transaction, Reorganized Falcon Holdings shall issue or cause to be issued its New Equity Interests to Newco Holdings, and also the Warrants for distribution in accordance with the terms of this Plan.

  • Although several provisions of the Tax Code can defer or disallow a loss recognized as a result of a transfer of assets under certain circumstances (such as, potentially, a transfer of assets to a corporation for stock in connection with the initial capitalization of the corporation or a transaction between related parties), the Debtors believe such provisions do not apply to the transfer of assets to Newco Holdings pursuant to the Plan.

  • Debtors submit that they are unable to provide disclosure as to the ownership of Newco Holdings, and therefore submit only that the proposed owners of Newco Holdings seek independent tax advice as to the tax consequences of ownership in Newco Holdings.

  • This CODI is not to be confused with the possible gain or loss created by the Restructuring Transactions creating the situation where Newco Holdings is the holder of the Falcon Holdings New Equity Interests, but rather focuses upon and is the consequence of the discharge of prepetition indebtedness resulting from the overall effects of the Restructuring Transactions and discharge of Claims generated by Confirmation.

  • None of Newco, Holdings and the Partnership is in violation of any of the provisions of its articles of incorporation and bylaws (or similar organizational documents).

  • On the Effective Date, subject to the terms and conditions of the Restructuring Transactions, Reorganized Remora Operating shall issue the New Equity Interests to Newco Holdings pursuant to the Plan.

  • Each partner is urged to consult its tax advisors regarding the tax characterization of any gain or loss realized by us on the transfer of our assets to the holders of Allowed First Lien Lender Secured Claims or Newco Holdings, as applicable, as part of the Plan and the impact of any allocation of COD income to a partner.

  • Facilities that are normally closed on the day of the statutory day and an observed day is designated – employees will only be paid premium for the day actually worked not both days.

  • Allied World may assign its obligations to deliver Allied World Shares and cash set forth in Section 2.2(a) to Newco Holdings.


More Definitions of Newco Holdings

Newco Holdings means NewCo Inc., a Delaware corporation.
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Newco Holdings shall have the meaning specified in the recitals to this Agreement.
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Related to Newco Holdings

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • Holdco has the meaning set forth in the Preamble.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • Holdings has the meaning specified in the introductory paragraph to this Agreement.

  • OpCo has the meaning set forth in the Preamble.

  • 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:

  • 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).

  • AcquisitionCo means Diebold Holding Germany Incorporated & Co. KGaA a German partnership limited by shares (Kommanditgesellschaft auf Aktien - KGaA) that is a Wholly Owned Restricted Subsidiary of the Company and whose general partner is the Company.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Intermediate Holdco means Sunnova Intermediate Holdings, LLC, a Delaware limited liability company.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • GP means Gottbetter & Partners, LLP.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Topco has the meaning set forth in the Preamble.

  • 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;

  • Holdings LLC Agreement means the Third Amended and Restated Limited Liability Company Agreement of Holdings, dated on or about the date hereof, as such agreement may be amended from time to time.

  • MergerSub has the meaning set forth in the preamble hereto.

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