Reorganized NII definition

Reorganized NII means NII Holdings, on and after the Effective Date, or its legal successor under the Plan on and after the Effective Date.
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Reorganized NII means NII on and after the Effective Date.
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Reorganized NII means NII, as reorganized pursuant to the confirmed Plan.
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Examples of Reorganized NII in a sentence

  • The boards of directors for the direct and indirect subsidiaries of Reorganized NII shall be identified and selected by the New Board.

  • Each of the individuals designated as nominees to be directors (other than the chief executive officer of Reorganized NII) shall (a) be independent under the listing standards of the national stock exchange on which the New NII Common Stock will be listed and the independence requirements for members of audit and compensation committees under the rules of such stock exchange and the SEC, and (b) not be employees of either ▇▇▇▇▇▇▇▇ or Capital Group.

  • The purposes of the restructuring contemplated by the Plan, consistent with the material terms and conditions described in this Term Sheet, are, among other things, to convert $4.35 billion in outstanding principal amount of Notes into equity interests in Reorganized NII (as defined below) and provide the Company with new capital.

  • The New Board shall consist of seven (7) members, including (i) the chief executive officer of Reorganized NII, (ii) three (3) directors designated by Capital Group, (iii) one (1) director designated by ▇▇▇▇▇▇▇▇ and (iv) two (2) directors designated jointly by ▇▇▇▇▇▇▇▇ and Capital Group.

  • On the Closing Date, no options, warrants or other rights to acquire equity securities of NII will be outstanding, other than any options, warrants or other rights to acquire equity securities of NII pursuant to any management incentive plan of Reorganized NII (which shall be on terms reasonably acceptable to the Requisite Backstop Parties) and the shares of New NII Common Stock issued and outstanding on the Closing Date, as set forth in Section 4.4.

  • Following the Plan Effective Date, Reorganized NII shall continue to be subject to and in compliance in all material respects with the reporting requirements of Section 13 or Section 15(d) of the Exchange Act.

  • The Backstop Parties shall have received on and as of the Closing Date a certificate of the Company in form and substance satisfactory to the Requisite Backstop Parties, signed on behalf of the Company by each of the chief executive officer and chief financial officer of Reorganized NII, to the effect that the conditions set forth in Sections 7.2(f), 7.2(g), 7.2(i), 7.2(j) and 7.2(l) have been satisfied.

Related to Reorganized NII

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

  • Reorganized means, when used in reference to a particular Debtor, such Debtor 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.

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