Examples of Nortel Networks in a sentence
Prior to Nortel’s significant business divestitures, Nortel Networks Corporation (“NNC”) and its subsidiaries (collectively “Nortel”), including the U.S. Debtors (as defined below), were a global supplier of end-to-end networking products and solutions serving both service providers and enterprise customers.Creditor Protection Proceedings - On January 14, 2009 (“Petition Date”), Nortel Networks Inc.
The presentation combines the U.S. Debtors into two Reporting Groups consistent with the companies’ ownership structure with consideration to its status as operating or non-operating and activities as follows: ● NNI Reporting Group: Nortel Networks Inc.
The Committee may from time to time, subject to the terms of the Plan, delegate to officers or employees of a Nortel Networks Company or to third parties, including an Administrator if one is appointed, the whole or any part of the administration of the Plan and shall determine the scope and terms and conditions of such delegation, including the authority to prescribe rules and regulations.
However, disbursements made for the benefit of NNI as well as other U.S. Debtors and/or non-Debtors are still consolidated with NNI for financial reporting purposes.MOR-4BU.S. BANKRUPTCY COURT FOR THE DISTRICT OF DELAWAREIn re: Nortel Networks Inc.
A Participant who becomes an employee of a Nortel Networks Company or who, as a result of a determination by the Committee, shall no longer be eligible to continue to participate in the Plan, shall not be entitled to receive Share Units under this Section 4 in respect of any of his or her future Fees.