Successor Holding Company definition

Successor Holding Company as defined in Section 9.16(e) hereto.
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Successor Holding Company has the meaning specified in Section 7.04(h).
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Successor Holding Company with respect to any Person means any other Person with more than 50% of the total voting power of the Voting Stock of which is, at the time the first Person becomes a Subsidiary of such other Person, “beneficially owned” (as defined below) by one or more Persons that “beneficially owned” (as defined below) 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. For purposes hereof, “beneficially own” has the meaning correlative to the term “beneficial owner,” as such term is defined in Rules 13d-3 and 13d-5 under the Exchange Act (as in effect on the Issue Date).
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Examples of Successor Holding Company in a sentence

  • In such case, the existing Reference Entity shall be released in full from its Guarantee of the Notes and the Registration Rights Agreement, and the Successor Holding Company Reference Entity shall become the Reference Entity.

  • Formation of a Successor Holding Company Reference Entity 67 Section 12.01.

  • In addition, on or after the Second Plan Closing Date, Hart shall transfer 8.2352941% of the total initial issuance of equity securities in the Successor Holding Company under the Second Plan (prior to any earn-ins or other employee related provisions set forth in Section 4.05 of the Second Plan that may occur in the future) to Underway Six, LLC, leaving Hart with 66.470606882% of the equity securities in the Successor Holding Company.

  • The Second Plan also provides for the creation of a Successor Holding Company and the addition of San Angelo Agricultural Services, LLC “SAAS” as a sister entity to the Debtor.

  • The Successor Holding Company may offer earn-in provisions for key employees of the Debtor, on account of their services rendered to the Debtor either post-petition or to the Reorganized Debtor post confirmation, in amount equal to up to 15% of the total equity in the Successor Holding Company.

  • The Successor Holding Company will, on the Second Plan Closing Date, issue all Interests Post-Confirmation, per applicable provisions of the Second Plan in exchange for: (a) the Reorganized Debtor issuing a single membership interest to the Successor Holding Company; and (b) Laurens Schilderink transferring his 100% ownership of equity securities in SAAS to the Successor Holding Company.

  • Holdings (or any Successor Holding Company in respect thereof pursuant to and as defined in Subsection 9.16(e) of the Guarantee and Collateral Agreement) (unless and until Holdings is released from all of its obligations pursuant to Subsection 9.16(h) of the Guarantee and Collateral Agreement) , the Borrowers and the Subsidiary Guarantors; individually, a “ Loan Party ”.

  • Ownership interests in the Successor Holding Company will be issued in exchange for partial conversion of certain administrative claims, a cash infusion by Hart, applicable pre- petition claims, and to certain parties who are also Allowed Pre-Petition Interests Holders (but not on account of such interests).

  • Laurens Schilderink agreement to transfer his interests in SAAS to the Successor Holding Company on the Second Plan Closing Date is attached as Second Plan Exhibit 1.50.

  • Successor Holding Company ..........................................................................


More Definitions of Successor Holding Company

Successor Holding Company means , LLC (or such similar name as possible that is available for a Texas entity), a Texas entity created on or after the Confirmation Date pursuant to § 1123(a)(5)(b) and/or (c) the § 1145(a) successor to the Reorganized Debtor. The Successor Holding Company will be the sole owner of the Reorganized Debtor and SAAS. The form of the Company Agreement, compliant with Section 1123 (a)(6) of the Code, that will be adopted by the Successor Holding Company, is attached as Second Plan Exhibit 1.52.
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Related to Successor Holding Company

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

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Parent Holding Company means any direct or indirect parent entity of Holdings which holds directly or indirectly 100% of the Equity Interest of Holdings and which does not hold Capital Stock in any other Person (except for any other Parent Holding Company).

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • CFC Holding Company means a Subsidiary, substantially all of the assets of which consist of Equity Interests or Indebtedness of (a) one or more CFCs or (b) one or more CFC Holding Companies.

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467a(b) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Holding Company Transaction means the occurrence of (a) any transaction (including, without limitation, any acquisition, merger or consolidation) the result of which is that a “person” or “group” within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended, (i) becomes the direct or indirect ultimate “beneficial owner,” as defined in Rule 13d-3 under that Act, of common equity of the Issuer representing more than 50% of the voting power of the outstanding Common Stock or (ii) is otherwise required to consolidate the Issuer for purposes of generally accepted accounting principles in the United States, or (b) any consolidation or merger of the Issuer or similar transaction or any sale, lease or other transfer in one transaction or a series of related transactions of all or substantially all of the consolidated assets of the Issuer and its subsidiaries, taken as a whole, to any Person other than one of the Issuer’s subsidiaries; provided that, in the case of either clause (a) or (b), the Issuer or the Acquiror is or becomes a Bank Holding Company or Savings and Loan Holding Company.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Public utility holding company means: (1) any company that,

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Amalgamating Corporations means both of them;

  • 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.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • Wholly Owned Subsidiary means any Subsidiary of a Person in respect of which all of the Equity Interests (other than, in the case of a corporation, directors’ qualifying shares) are at the time directly or indirectly owned or controlled by such Person or one or more other Subsidiaries of such Person or by such Person and one or more other Subsidiaries of such Person.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Successor Guarantor shall have the meaning specified in Section 11.02(a).

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.