Substituted Company definition

Substituted Company bears the meaning set out in Clause 24 (Substituted Company).
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Examples of Substituted Company in a sentence

  • After the Substitution, all references to the Company shall be deemed to refer to the Substituted Company if the Substitution is effectuated pursuant to clause ‎(i) above, then the Company prior to the substitution shall become a Restricted Subsidiary.

  • Summit may assign this document and its interest therein, without the consent of Buyer.

  • Not later than 15 days after the execution of any such undertaking and guarantee and such other deeds, documents and instruments as aforesaid and compliance with the said requirements of the Trustee, the relevant Issuer or the relevant Guarantor or the previous Substituted Company shall, unless the Trustee agrees otherwise, give notice thereof to the Noteholders in accordance with Condition 14.

  • If the Board resolves that a Substituted Company will be put in place and/or that the securities of the Substituted Company will be the subject of this Plan, each Participant must do all things reasonably required by the Board to give effect to the introduction of the Substituted Company including (without limitation) substituting any securities they hold with securities in the Substituted Company.

  • If the conditions set out in the Conditions of the Exempt Notes are met, the Issuer may, without the consent or sanction of the Noteholders, substitute in its place a new issuer as debtor in respect of all obligations arising under or in connection with the Exempt Notes (the "Substituted Company").

  • Not later than 14 days after the execution of any such documents and after compliance with such requirements, notice of the substitution will be given by the Substituted Company to the Noteholders in a form previously approved by the Trustee.

  • The Trustee shall be entitled to refuse to approve any Substituted Company if, pursuant to the law of the country of incorporation of the Substituted Company, the assumption by the Substituted Obligor of its obligations hereunder would impose responsibilities and Liabilities on the Trustee over and above those which have been assumed by the Trustee under the Issuer Transaction Documents.

  • Not later than 14 days after the execution of any such undertaking and guarantee and such other deeds, documents and instruments as aforesaid and compliance with the said requirements of the Trustee the Substituted Company shall, unless the Trustee agrees otherwise, give notice thereof to the Noteholders in accordance with Condition 16.

  • Upon the execution of such documents and compliance with such conditions and requirements the Substituted Company shall be deemed to be named in these presents and the Notes as the principal debtor in place of the Issuer and these presents, the Notes and the Issuer Deed of Charge shall thereupon be deemed to be amended in such manner as shall be necessary to give effect to the substitution.

  • Not later than 14 days after the execution of any such undertaking and such other deeds, documents and instruments as aforesaid and compliance with the said requirements of the Trustee, the Substituted Company shall, unless the Trustee agrees otherwise, give notice thereof to the Holders in accordance with the terms of the Obligations.

Related to Substituted Company

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Substituted Member means a Person that is admitted as a Member to the Company pursuant to Section 12.01.

  • Substitute Limited Partner means any Person admitted to the Partnership as a Limited Partner pursuant to Section 9.3.

  • limited company means a company limited by shares or by guarantee or a company limited both by shares and by guarantee;

  • Substituted Specimen means a specimen with laboratory values that are so diminished that they are not consistent with oral fluid and which shall be deemed a violation of this policy, and shall be processed as if the test results were positive.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Mutual housing corporation means a corporation not-for-profit,

  • Limited common elements means a portion of the common elements reserved in the master deed for the exclusive use of less than all of the co-owners.

  • Restricted Company means any of the foregoing.

  • Condominium Corporation means a condominium or strata corporation established under Provincial Legislation.

  • Predecessor Company means an entity whose ownership, title and interest, including all rights, benefits, duties and liabilities were acquired in an uninterrupted chain of succession by the company.

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Successor Parent with respect to any Person, means any other Person with more than 50% of the total voting power of the Voting Stock which is, at the time the first Person becomes a Subsidiary of such other Person, “beneficially owned” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) by one or more Persons that “beneficially owned” (as so defined) more than 50% of the total voting power of the Voting Stock of the first Person immediately prior to the first Person becoming a Subsidiary of such other Person.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Mobile home park means a parcel of land, or two or more

  • Registered in the System for Award Management (SAM means that–

  • Amalgamating Corporations means both of them;

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

  • UCITS management company means a management company as defined in Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)1;

  • Limited common element means a portion of the common elements allocated by the declaration or by operation of section 38-33.3-202 (1) (b) or (1) (d) for the exclusive use of one or more units but fewer than all of the units.

  • Traditional member of the National Guard or federal reserves means an active member of the Selected Reserve subject to mobilization and deployment for which he or she attends monthly and annual training periods.

  • Educational entity means a public school district,

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Successor Company shall have the meaning specified in Section 11.01(a).