Newco Structure definition

Newco Structure means, if reasonably agreed upon by the Debtors and the Creditors' Committee, the reorganization structure pursuant to which the Debtors will transfer all or substantially all of their assets to one or more newly formed corporations on the Effective Date in exchange for the consideration to be provided to exchanging holders of Allowed Claims and Allowed Interests in accordance with the Plan, followed by the Debtors' distribution of such consideration to the exchanging holders in complete liquidation and pursuant to which the Reorganized Debtors will pursue the orderly run off of the leasing, ventures and European businesses, subject to the Restructuring Transactions.
Sample 1Sample 2Sample 3

Examples of Newco Structure in a sentence

  • On the Effective Date, if reasonably agreed upon by the Debtors and the Creditors' Committee, the Newco Structure shall be implemented, unless the Debtors and the Creditors' Committee otherwise reasonably determine to implement the Continuing Company Structure or the Trust Structure.

  • The Debtors' financial advisor, Rothschild, performed an estate valuation assuming implementation of the Newco Structure based, in part, on information and financial projections provided by the Debtors.

  • The Debtors and the Creditors' Committee are considering implementation of their Plan through three potential restructuring alternatives: (i) the Continuing Company Structure, (ii) the Newco Structure and (iii) the Trust Structure (certain assets will be transferred to the Litigation Trust under each structure).

  • The Debtors intend to conduct the orderly run off of the remaining Leasing portfolios, the Ventures portfolio and the majority of their international operations through one of three potential restructuring alternatives, all of which will be subject to the Restructuring Transactions: (i) the Continuing Company Structure, (ii) the Newco Structure or (iii) the Trust Structure.

  • Moreover, the Debtors and the Creditors' Committee will retain substantial flexibility to reasonably agree upon whether to select, which consent shall not be unreasonably withheld, among the Continuing Company Structure, the Newco Structure or the Trust Structure.

  • In conjunction with the Plan, the Comdisco Debtors determined that it was necessary to estimate post- confirmation values for the enterprise of the Reorganized Comdisco Debtors (assuming implementation of the Newco Structure) and, thus, the New Common Shares.

  • The estimated percentage recovery to holders of Claims in Class C-4 is based upon the assumption that the Newco Structure will be implemented and that the New Common Shares are valued at $534 million.

  • The Projections set forth in Appendix D annexed hereto cover the wind-down of operations of the Reorganized Debtors on a consolidated basis through fiscal year 2006, assuming implementation of the Newco Structure.

  • Under the Newco Structure, the Debtors will transfer substantially all of their assets to one or more newly formed corporations on the Effective Date in exchange for the Plan consideration to be received by holders of Allowed Claims and Allowed Interests, followed by the Debtors distribution of such consideration in complete liquidation.

  • Sutedja N a, Fischer K, Veldink JH, van der Heijden GJMG, Kromhout H, Heederik D, et al.

Related to Newco Structure

  • Existing structure means any structure that is installed or approved for installation at the time a wireless services provider or wireless infrastructure provider provides notice to a locality or the Department of an agreement with the owner of the structure to co-locate equipment on that structure. "Existing structure" includes any structure that is currently supporting, designed to support, or capable of supporting the attachment of wireless facilities, including towers, buildings, utility poles, light poles, flag poles, signs, and water towers.

  • Structure means a walled and roofed building, a manufactured home, or a gas, liquid, or liquefied gas storage tank that is principally above ground.

  • Organizational Unit means a Laboratory School or any

  • Parking Structure means a Building, or any part thereof, principally used for the parking of motor vehicles;

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Intellectual Property Matters Agreement means the Intellectual Property Matters Agreement to be entered into by and between Parent and SpinCo or the members of their respective Groups in connection with the Separation, the Distribution or the other transactions contemplated by this Agreement, as it may be amended from time to time.

  • Group Member Agreement means the partnership agreement of any Group Member, other than the Partnership, that is a limited or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership, limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time.

  • Group Structure Chart means the group structure chart in the agreed form.

  • Implementation Schedule means the Implementation Schedule in Section VII of the tendering documents.