Reorganized Holdco Board definition

Reorganized Holdco Board means Reorganized Holdco’s initial board of directors.
Reorganized Holdco Board means the initial board of directors, members, or managers, as applicable, of Reorganized HoldCo identified in that certain correspondence by Debtors’ counsel to each of the Ad Hoc First Lien Group and Ad Hoc Crossover Group dated as of October 19, 2017; provided that in the event any such Person identified in that correspondence as a prospective member of the Reorganized HoldCo Board is unwilling or unable to serve in such capacity, a replacement for such individual shall be determined in accordance with the First Lien Plan Support Agreement in consultation with the Requisite Crossover Creditors.
Reorganized Holdco Board means the initial board of directors, members, or managers, as applicable, of Reorganized HoldCo as designated pursuant to the Plan Supplement. 166. “Reorganized HoldCo Common Stock” means the common stock, par value of $0.01 per share, of Reorganized HoldCo to be issued upon consummation of the Plan. 167. “Reorganized HoldCo Organizational Documents” means the form of the certificates or articles of incorporation, bylaws, or such other applicable formation documents of Reorganized HoldCo, which forms shall be included in the Plan Supplement all in form and substance reasonably acceptable to the Debtors and the Requisite First Lien Creditors. 168. “Requisite First Lien Creditors” shall have the meaning set forth in the Plan Support Agreement.

Examples of Reorganized Holdco Board in a sentence

  • The Members of the Reorganized Holdco Board shall be appointed by the Supporting Common Interest Holders and the Consenting Term Lenders in accordance with the terms of the RSA and the members of the board of directors of any subsidiary of Reorganized Holdco shall be acceptable to the Supporting Common Interest Holders and the Required Consenting Term Lenders.

  • The members of the Reorganized Holdco Board and the officers, directors, and/or managers of each of the Reorganized Debtors will be identified in the Plan Supplement.

  • On the Effective Date, the Reorganized Holdco Board will consist of 6 members.

  • On the Effective Date, the MLP Board shall be reorganized (and all necessary documents executed) to provide the Supporting Common Interest Holders and Consenting Term Lenders with representation equal in number to such parties’ representation on the Reorganized Holdco Board; provided, however that the composition of the MLP Board shall comply in all respects with the MLP Organizational Documents, including with respect to independent directors.

  • In accordance with section 1129(a)(5) of the Bankruptcy Code, the identities and affiliations of the members of the Reorganized Holdco Board and any Person proposed to serve as an officer of Reorganized Holdco shall be disclosed at or before the Confirmation Hearing.

  • In addition, the Reorganized Holdco Board shall be appointed by the Supporting Common Interest Holders and the Consenting Term Lenders, with board seats commensurate with such groups’ Reorganized Holdco Interests ownership.


More Definitions of Reorganized Holdco Board

Reorganized Holdco Board means the initial board of directors, members, or managers, as applicable, of Reorganized HoldCo as designated pursuant to the Plan Supplement.

Related to Reorganized Holdco Board

  • 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.

  • Merger Sub Board means the board of directors of Merger Sub.

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

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

  • Parent Board means the board of directors of Parent.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • Company Board of Directors means the board of directors of the Company.

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.

  • Sub-Committee means a committee of a committee created by the board.

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

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Guarantor’s Board of Directors means, with respect to any Guarantor, either the board of directors of such Guarantor or any duly authorized committee of that board.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Merger Sub I has the meaning set forth in the Preamble.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Equity Committee means the official committee of equity security holders, appointed pursuant to section 1102 of the Bankruptcy Code by the U.S. Trustee on March 13, 2009.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • Topco has the meaning set forth in the Preamble.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • ordinary member of the committee means a member of the committee who is not an officer of the Association under Rule 21;

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

  • Company Board means the Board of Directors of the Company.

  • Special Committee means a committee of the Board of Managers of the Company comprised of two individuals, each of whom qualifies as an Independent Manager.