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.
Sample 1Sample 2
Reorganized Holdings Board means the initial board of directors, members, or managers, as applicable, of Reorganized Holdings.
Sample 1Sample 2
Reorganized Holdings Board means the initial board of directors of Reorganized Holdings.
Sample 1

Examples of Reorganized Holdings Board in a sentence

  • The Debtors or the Reorganized Debtors, as applicable, shall have obtained directors’ and officers’ insurance policies and entered into indemnification agreements or similar arrangements for the Reorganized Holdings Board, which shall be, in each case, effective on or by the Effective Date.

  • 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.

  • Management Incentive Plan The management incentive compensation program to be established and implemented by the Reorganized Holdings Board after the Effective Date, on terms consistent with this Restructuring Term Sheet.

  • Reorganized Holdings Board The members of the Reorganized Holdings Board immediately following the Effective Date shall be determined and selected by the Required Consenting 2020 B-2 Lenders.

  • 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.

  • 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.

  • 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.

  • It is understood and agreed that, to the extent permitted by law, the Confirmation Order shall provide that the Reorganized Holdings Board shall be deemed to have granted the Cash Bonus Opportunity as of the Effective Date, subject to replacement by an acceptable Enhanced Cash Incentive Program at the first meeting of the Reorganized Holdings Board.


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.
Sample 1

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.

  • 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 out in the Preamble;

  • General Partner 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);

  • Management Board means the management board of the Company.

  • Board of Directors or Board means the Board of Directors of Betex India 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.

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

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