Reorganized Comdisco definition

Reorganized Comdisco means under the Newco Structure, unless another structure is reasonably agreed upon by the Debtors and the Creditors' Committee as set forth in Section 7.1 of the Plan, a corporation organized under the laws of Delaware or under such other law as determined by the Debtors, the stock of which will be issued to holders of Allowed General Unsecured Claims in Class C-4 as part of the Plan consideration to be received by such holders.
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Examples of Reorganized Comdisco in a sentence

  • The board of directors of the remaining Reorganized Debtors, or any new subsidiary of Reorganized Comdisco formed pursuant to the Restructuring Transactions, shall consist of directors as determined by Reorganized Comdisco on the Effective Date or thereafter.

  • The initial board of directors of Reorganized Comdisco shall consist of five (5) directors.

  • Until the first annual meeting of shareholders of Reorganized Comdisco after the Effective Date, any vacancy in the directorship originally (i) selected by the Creditors' Committee shall be filled by a person designated by such director as a replacement to serve out the remainder of the applicable term; and (ii) selected by the Chief Executive Officer, shall be filled by a person designated by the Chief Executive Officer to serve out the remainder of the applicable term.

  • Reorganized Comdisco board members shall serve for an initial two (2) year term commencing on the Effective Date.

  • The existing senior officers of Comdisco, except for the Chief Executive Officer shall initially serve in the same capacities after the Effective Date for Reorganized Comdisco.

  • On the Effective Date, or as soon as reasonably practicable after, the Reorganized Debtors shall issue (i) for distribution in accordance with the terms of the Plan, the New Common Shares, the New Senior Notes, the New PIK Notes and the Contingent Equity Distribution to the Disbursing Agent, and (ii) the New Subsidiary Companies Common Shares to Reorganized Comdisco.

  • The Persons designating board members shall file with the Bankruptcy Court and give to Comdisco written notice of the identities of such members no later than the date of the Confirmation Hearing; provided, however, that if and to the extent that the Creditors' Committee or the Equity Committee fail to file and give such notice, Comdisco shall designate the members of the board of directors of Reorganized Comdisco by announcing their identities at the Confirmation Hearing.

  • Such successor corporation thereupon may cause to be signed, and may issue either in its own name or in the name of Reorganized Comdisco, Inc., any or all of the Notes issuable under this Indenture which theretofore shall not have been signed by the Company and delivered to the Trustee.

  • Until the first annual meeting of shareholders of Reorganized Comdisco after the Effective Date, any vacancy in the directorship originally (i) selected by the Creditors' Committee or the Equity Committee shall be filled by a person designated by such director as a replacement to serve out the remainder of the applicable term; and (ii) selected by the Chief Executive Officer, shall be filled by a person designated by the Chief Executive Officer to serve out the remainder of the applicable term.

  • The Debtors contemplate that under each alternative, the ultimate parent entity will be Reorganized Comdisco and the subsidiary entities, which may be directly or indirectly held by the parent entity depending on which structure is implemented, will consist of New Leasing Company, New Ventures Company and New Europe Holding Company.

Related to Reorganized Comdisco

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • Reorganized means, with respect to the Debtors, any Debtor or any successor thereto, by merger, consolidation or otherwise, on or after the Effective Date.

  • Reorganized Debtors means, subject to the Restructuring Transactions, the Debtors as reorganized pursuant to this Plan on or after the Effective Date, and their respective successors.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

  • Reorganized Parent means, Core Scientific, Inc., a Delaware corporation, on and after the Effective Date.

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • CEC means the California Energy Commission or its successor agency.

  • Effective Time has the meaning set forth in Section 2.2.

  • UCA means Utah State Code Annotated 1953 as amended.

  • Pre-Closing Restructuring has the meaning specified in Section 6.14(a).

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • ITC (this Section2 of the RFP) means the Instructions to Consultants that provides the Consultants with all information needed to prepare their Proposals.

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Stock Plans has the meaning set forth in Section 3.1(c).

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • IAC means IAC/InterActiveCorp, a Delaware corporation.