Parent Successor definition

Parent Successor has the meaning ascribed thereto in Section 11.1(a).
Parent Successor has the meaning ascribed thereto in section 11.1(a).
Parent Successor has the meaning ascribed to that term in Section 10.1.

Examples of Parent Successor in a sentence

  • Except pursuant to either the immediately preceding sentence or an assumption by a Parent Successor, the rights and obligations of Parent and Employer pursuant to this Agreement may not be assigned, in whole or in part, by Parent or Employer to any other person or entity without the express written consent of Employee.

  • In the event that any determination by the Accountants or otherwise regarding the treatment of Covered Payments as “parachute payments” within the meaning of Section 280G of the Code is subject to any audit, examination or any other proceeding (a “Proceeding”) by the Internal Revenue Service or other governmental agency, the Company or Parent Successor may assume the defense of such Proceeding at the expense of the Company or Parent Successor.

  • Parent, the Successor GP, HWG, LLC and the Sellers agree that the Escrow Agent does not assume any responsibility for the failure of Parent, Successor GP, the Parent Indemnitee or any of the Sellers to perform in accordance with the Purchase Agreement or this Agreement.

  • What happens to these detriment people is that everybody is projecting on them that they have the direction and they push everybody away because they do not want to be interfered with and they keep their direction for themselves.

  • Any Parent Security or Parent Successor Security of the undersigned shall contain a restrictive “lock-up” legend governed by the terms of this Letter Agreement.


More Definitions of Parent Successor

Parent Successor means a recipient of all or a portion of the Interest of Parent in accordance with the terms of the A&R Holdings LLC Agreement; provided, that The Madison Square Garden Company (or an MSG Company Successor, if applicable) shall not permit Parent (or a Parent Successor, if applicable) to transfer all or a portion of the Interest of Parent (or a Parent Successor, if applicable) unless the recipient (A) agrees to be bound by the requirements of this Section 9.11 and (B) makes the representations and warranties set forth in this Section 9.11 with respect to Parent, applied mutatis mutandis to such recipient.
Parent Successor has the meaning set forth in Section 4.1(a);
Parent Successor has the meaning ascribed thereto in section 6.1(a) hereof.
Parent Successor has the meaning provided in subsection 11.1(a) hereof. "PERSON" includes an individual, body corporate, partnership, company, unincorporated syndicate or organization, trust, trustee, executor, administrator and other legal representative. "PLAN OF ARRANGEMENT" has the meaning provided in the recitals hereto. "REDEMPTION CALL RIGHT" has the meaning provided in the Plan of Arrangement. "RETRACTED SHARES" has the meaning provided in Section 5.8 hereof. "RETRACTION CALL RIGHT" has the meaning provided in the Exchangeable Share Provisions. "SUBSIDIARY" has the meaning provided in the Exchangeable Share Provisions. "SUPPORT AGREEMENT" means that certain support agreement made as of even date hereof by and between Parent, Subco and the Company. "TRUST" means the trust created by this Agreement. "TRUST ESTATE" means the Voting Share, any other securities, the Exchange Put Right, the Exchange Right, the Automatic Exchange Rights and any money or other property which may be held by the Trustee from time to time pursuant to this Agreement. "TRUSTEE" means Montreal Trust Company of Canada and, subject to the provisions of Article 10 hereof, includes any successor trustee or permitted assigns. "VOTING RIGHTS" means the voting rights attached to the Voting Share. "VOTING SHARE" means the one share of Parent Special Voting Stock issued by Parent to and deposited with the Trustee, which entitles the holder of record to a number of votes at meetings of holders of Parent Common Stock equal to the Aggregate Equivalent Vote Amount.
Parent Successor has the meaning ascribed to that term in Section 5.1(a).
Parent Successor has the meaning ascribed thereto in subsection 10.1 hereof.
Parent Successor has the meaning set forth in the Voting and Exchange Trust Agreement;