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.
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Examples of Newco Structure in a sentence

  • 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.

  • The Debtors and the Creditors' Committee currently expect to implement the Newco Structure, which the Debtors believe will result in a projected net present value of federal income tax liability of approximately $30 million assuming that the aggregate principal amount of New Senior Notes and New PIK Notes is $900 million.

  • To support the feasibility of the Plan, the Debtors have prepared the Projections, which are Pro Forma Financial Projections for Fiscal Years 2002 through 2006 (the "Projections") assuming implementation of the Newco Structure, as set forth in Appendix D annexed to this Disclosure Statement.

  • 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).

  • 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.

  • 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 Plan also provides that on the Effective Date, Reorganized Comdisco shall, if reasonably agreed upon by the Debtors and the Creditors' Committee, implement the Newco Structure unless the Creditors' Committee and the Debtors otherwise reasonably determine to implement the Continuing Company Structure or Trust Structure.

  • 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 Debtors 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.

  • 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.

Related to Newco Structure

  • Soil structure means the arrangement of primary soil particles into compound particles, peds, or clusters that are separated by natural planes of weakness from adjoining aggregates.

  • 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.

  • Historic Structure means any structure that is:

  • Occupied structure means any building, vehicle, or other place suitable for human occupancy or

  • Support Structure means an existing or new structure that supports or can support a mobile service facility, including a mobile service support structure, utility pole, water tower, building, or other structure.

  • Accessory Structure (Appurtenant Structure means a structure located on the same parcel of property as the principal structure and the use of which is incidental to the use of the principal structure. Garages, carports and storage sheds are common urban accessory structures. Pole barns, hay sheds and the like qualify as accessory structures on farms, and may or may not be located on the same parcel as the farm dwelling or shop building.

  • Accessory structure means a structure that is accessory and incidental to a dwelling located on the same lot.

  • Sign structure means the assembled components that make up an outdoor advertising display, including, but not limited to, uprights, supports, facings, and trim. A sign structure may contain 1 or 2 signs per facing and may be double-faced, back to back, T-type, or V-type.

  • Water control structure means a structure within, or adjacent to, a water, which intentionally or coincidentally alters the hydraulic capacity, the flood elevation resulting from the two-, 10-, or 100-year storm, flood hazard area limit, and/or floodway limit of the water. Examples of a water control structure may include a bridge, culvert, dam, embankment, ford (if above grade), retaining wall, and weir.

  • Certified historic structure means a property listed individually on the Virginia Landmarks Register,

  • utility structure means transmission and distribution lines

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

  • Residential structure means an individual residential condominium unit or a residential building containing not more than 2 residential units, the land on which it is or will be located, and all appurtenances, in which the owner or lessee contracting for the improvement is residing or will reside upon completion of the improvement.

  • Wireless support structure means a freestanding structure designed to support or capable of supporting small cell wireless facilities. Wireless support structure does not include a utility pole.

  • advertising structure means any screen, fence, wall or other physical structure or object erected to display an advertisement or which is in itself an advertisement or used to display an advertisement.

  • Superstructure means the part of the bodywork which contributes to the strength of the vehicle in the event of a roll-over accident.

  • 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 PNC Capital Markets LLC.

  • Intellectual Property Matters Agreement shall have the meaning set forth in the Separation and Distribution Agreement.

  • 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.

  • Municipal Structures Act means the Local Government: Municipal Structures Act, 1998 (Act No. 117 of 1998);

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

  • building or structure means a permanent enclosed structure occupying an area greater than 10 square metres, consisting of a wall, roof, and/or floor, or any of them, or a structural system serving the function thereof, which includes, but is not limited to, air-supported structures or industrial tents; a canopy however shall not be considered a building or structure for the purpose of this By-law and shall not attract development charges;

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

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.