Pending Reorganization definition

Pending Reorganization means the integration and legal rationalization project by the Acquired Companies currently in progress as of the date hereof, which includes, among other things, the reorganization, formation, merger, liquidation and/or dissolution of certain Subsidiaries of the Company, the transfer of employees of the Company and its Subsidiaries among various Subsidiaries and the transfer of assets and liabilities among various Subsidiaries of the Company.
View Source
Pending Reorganization means the merger of NSU Merger Co. with and into Old Mich▇▇▇, ▇▇e transfer by NSU of certain of its assets and liabilities to ENStar, Inc., and the distribution of the stock of ENStar, Inc. to the shareholders of NSU as more fully described in the proxy statement of the Company dated November 26, 1996.
View Source
Pending Reorganization means the several transactions among the Company and North Star Universal, Inc., a Minnesota corporation, and its affiliates, all substantially as described in the Memorandum.
View Source

Examples of Pending Reorganization in a sentence

  • NSU shall effective upon the Pending Reorganization change its name to "Mich▇▇▇ ▇▇▇ds, Inc." and give immediate notice of the effectiveness thereof to the Agent.

  • Upon (i) such notice and (ii) the delivery to the Agent of an opinion of Maun & ▇imon, PLC, counsel to NSU upon the consummation of the Pending Reorganization, addressed to the Agent and the Banks and dated as of the effective date of the Pending Reorganization, in substantially the form of Exhibit H, and so long as no Event of Default or Unmatured Event of Default shall then have occurred and be continuing, Old Mich▇▇▇ ▇▇▇ll be released from all liabilities and obligations under the Loan Documents.

  • As of the effectiveness of the Pending Reorganization, NSU represents, warrants and affirms that each of the representations and warranties contained in Section 7 of this Agreement is true and correct as of the effective date of the Pending Reorganization.