Reorganized Holdings Board definition

Reorganized Holdings Board means the initial board of managers of Reorganized Holdings on and after the Effective Date, the members of which shall be set forth in the Plan Supplement.
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Reorganized Holdings Board means the initial board of directors, members, or managers, as applicable, of Reorganized Holdings.
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Reorganized Holdings Board means the initial board of directors of Reorganized Holdings.
Sample 1

Examples of Reorganized Holdings Board in a sentence

  • The form, vesting, and allocation of the MIP Equity along with the other terms of the Management Incentive Plan will be negotiated in good faith and determined by the Reorganized Holdings Board following the Effective Date in consultation with the Chairman Emeritus.

  • Article IV.E. of the Plan provides that after the Effective Date, the Reorganized Debtors, including Reorganized Holdings, shall implement the Management Incentive Plan on terms approved by the directors of the Reorganized Holdings Board, but which shall provide for the award of up to 6.0% of the equity interests of Reorganized Knight to management (the “MIP Equity”).

  • By no later than January 1, 2024, the Reorganized Holdings Board shall implement the Management Incentive Plan that provides for the issuance of options and/or other equity-based compensation to the management and directors of the Reorganized Debtors in accordance with the Plan.7.5% of the New Common Stock, on a fully diluted basis, shall be reserved for issuance under the Management Incentive Plan.

  • The Incentive Units shall include vesting and other provisions ordinary and customary for management incentive plans for companies of the size and nature of Reorganized smarTours, and shall be implemented by the Reorganized Holdings Board in accordance with the Amended Membership Agreement and the applicable grant agreements.

  • On the Effective Date, all grants under the Management Incentive Plan shall be reserved for directors, officers, and employees of the Reorganized Debtors on terms acceptable to the Reorganized Holdings Board and in accordance with the Management Incentive Plan to be included in the Plan Supplement.

  • Management Incentive Plan The Plan shall provide that the Reorganized Holdings Board shall implement the Management Incentive Plan that provides for the issuance of options and/or other equity-based compensation to the management and directors of the Reorganized Debtors in accordance with the terms set forth below by no later than January 1, 2024.

  • Some of these expenses are ongoing, such as travel and HR programs.

  • By no later than January 1, 2024, the Reorganized Holdings Board shall implement the Management Incentive Plan that provides for the issuance of options and/or other equity-based compensation to the management and directors of the Reorganized Debtors in accordance with the Plan.7.5% of the New Common Stock, on a fully diluted basis, shall be reserved for issuance in connection with the Management Incentive Plan.

  • The initial Reorganized Holdings Board of Directors shall consist of five directors, (i) four of whom shall be designated by the Majority Secured Noteholders, and (ii) one of whom shall be the chief executive officer of Reorganized Holdings.

  • The identity of such members of the Reorganized Holdings Board shall be set forth in the Plan Supplement to the extent known at the time of filing.


More Definitions of Reorganized Holdings Board

Reorganized Holdings Board means the initial board of managers (or other applicable governing body) of Reorganized Holdings which shall be comprised of seven (7) members, of whom one (1) will be the Chief Executive Officer of the Reorganized Debtors, four (4) will be representatives of the Equity Sponsor or its nominee, one (1) shall be appointed by the Revolving Exit Facility Lenders and one (1) shall be independent (recommended by the Equity Sponsor and reasonably acceptable to the Exit Required Lenders.
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Related to Reorganized Holdings Board

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

  • Parent Board means the board of directors of Parent.

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

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

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

  • 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.

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

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

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

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

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

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.

  • 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.

  • 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.

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

  • Topco has the meaning set forth in the Preamble.

  • General Partner means the Company or its successors as general partner of the Partnership.

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

  • Management Board means the management board of the Company.

  • Board of Directors or Board means the Board of Directors of Prakash Steelage Limited, as constituted from time to time.

  • Compensation Committee means the Compensation Committee of the Board.

  • the 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.

  • Board of Director or “Board” means the Board of Directors of Omaxe Limited, as constituted from time to time.

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