Reorganized Hornbeck definition

Reorganized Hornbeck means either (a) Hornbeck, or any successor or assign thereto, by merger, consolidation, reorganization, or otherwise, in the form of a corporation, limited liability company, partnership, or other form, as the case may be, on and after the Effective Date, or (b) a new corporation, limited liability company, or partnership that may be formed to, among other things, directly or indirectly acquire substantially all of the assets and/or stock of the Debtors and issue the New Warrants and New Equity to be distributed pursuant to the Plan.
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Examples of Reorganized Hornbeck in a sentence

  • On the Effective Date Reorganized Hornbeck will enter into the Executive Employment Agreements.

  • On the Effective Date, Reorganized Hornbeck shall enter into and deliver the New Securityholders Agreement, in substantially the form included in the Plan Supplement, to each Holder of New Equity and New Warrants, and such parties shall be deemed to, without further notice or action, to have agreed to be bound thereby as if an original party thereto as a “Securityholder,” in each case without the need for execution by any party thereto other than Reorganized Hornbeck.

  • On the Effective Date, the Reorganized Hornbeck Board will adopt and implement the Management Incentive Plan, and make awards thereunder, in accordance with all of the terms and conditions set forth in the Management Incentive Plan Term Sheet.

  • The certificate of incorporation and bylaws of Reorganized Hornbeck shall include appropriate provisions assuring the compliance with the Jones Act Restriction.

  • On the Effective Date, the Reorganized Hornbeck Board shall be established, and the Reorganized Debtors shall adopt their New Corporate Governance Documents, consistent with the New Corporate Governance Term Sheet and the Restructuring Support Agreement.

  • The members of the initial Reorganized Hornbeck Board shall be identified in the Plan Supplement.

  • After the Effective Date, Reorganized Hornbeck may amend and restate its formation, organizational, and constituent documents as permitted by the laws of its respective jurisdiction of formation and the terms of such documents.

  • On or immediately before the Effective Date, Hornbeck or Reorganized Hornbeck, as applicable, will file its New Corporate Governance Documents with the applicable Secretary of State and/or other applicable authorities in its state of incorporation or formation in accordance with the applicable laws of their respective state of incorporation or formation, to the extent required for such New Corporate Governance Documents to become effective.

  • Pursuant to section 1129(a)(5) of the Bankruptcy Code, information concerning the individuals proposed to serve on the Reorganized Hornbeck Board and, if applicable, such individual’s compensation upon Consummation of the Plan has been fully disclosed (in the Plan Supplement) to the extent available, and the appointment to, or continuance in, such office of such person is consistent with the interests of Holders of Claims and Interests and with public policy.

  • Any distributions made on account of New Equity will constitute dividends for U.S. federal income tax purposes to the extent of the current or accumulated earnings and profits of Reorganized Hornbeck as determined under U.S. federal income tax principles.

Related to Reorganized Hornbeck

  • 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 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.

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

  • SCC means the Special Conditions of Contract.

  • EBS means Electronic Bid Submission.

  • DH means District Hospital;

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • New entrant means a teacher who is not a present teacher.

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

  • GVWR means gross vehicle weight rating.

  • New Board means the board of directors or the board of managers of Reorganized Neiman.

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

  • CCI means Charter Communications, Inc., a Delaware corporation, and any successor Person thereto.

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

  • DIP Motion means the motion and proposed form of Interim DIP Order filed by the Loan Parties with the Bankruptcy Court on the Petition Date or as soon as reasonably practicable thereafter seeking approval, on an interim and final basis, of (among other things) the DIP Facility, and authorization for the use of cash collateral (including such terms and conditions relating to adequate protection in connection therewith), in each case, in form and substance acceptable to the Agent and the Required Lenders.

  • Texas resident bidder means a bidder whose principal place of business is in this state, and includes a contractor whose ultimate parent company or majority owner has its principal place of business in this state.

  • PAC means the personal access code or word used with Direct Services to access an Account.

  • CCA means the Connecting Care Act, 2019, and the regulations under it, as it and they may be amended from time to time;

  • Service corporation means a corporation organized under ss. 180.1903 to 180.1921.

  • New Boards means, collectively: (a) the Reorganized TCEH Board; and (b) the New EFH/EFIH Board.

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • CCO means the Global Chief Compliance Officer of SSgA.

  • CCC means Customer Care Centre

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