Examples of TNEH UK in a sentence
On the Effective Date, TNEH UK shall be deemed to have irrevocably waived, released, deemed satisfied, or otherwise discharged any and all right to repayment of the Released TNEH UK Claims.
We won’t go into the details of such an application in this manual, but the facility is available.
The controlling holder of Interests in TNEH UK has agreed, pursuant to the Plan Support Agreement, to accept and support the Plan.
The holders of Interests in TNEH UK shall not receive or retain any property or Distributions under the Plan on account of such Interests.
From the date of such resignation through the Effective Date, each of the boards of directors of the Debtors shall remain in place, and no additional appointees or removals shall have been directed by any holder of U.S. HoldCo Interests or TNEH UK Interests.
Class 6 is Impaired, and holders of Interests in TNEH UK are not entitled to vote to accept or reject the Plan.
Each of the Debtors (other than TNEH UK) is a member of an affiliated group of corporations (or is a disregarded entity wholly owned by members of such group) of which TNEH US is the common parent, which files a single consolidated U.S. federal income tax return (the “WEC U.S. Tax Group”).
After a full day of negotiations, the Special Committee, after consulting with its counsel, the independent directors of TNEH UK, Westinghouse, and their respective advisors, selected Brookfield Capital Partners LLC’s bid as the best and highest offer, after consulting with the UCC and Toshiba, and Westinghouse entered into a binding letter of intent on January 4, 2018 setting forth the key terms of a plan funding agreement.
Westinghouse Entities means, collectively, (a) the U.S. Debtors and theirdirect and indirect Subsidiaries, (b) TNEH UK, and (c) the EMEA Subsidiaries.
Given the parties’ shared interest in preserving the value of WEC EMEA, on October 31, 2017, Toshiba, TNEH UK, WEC, and WECHOL negotiated and entered into a term sheet (the “MGRT/NFI Term Sheet”, and the transactions contemplated thereby, the “MGRT/NFI Transactions”) to provide for a value-preserving restructuring of Mangiarotti and relief for WECHOL’sbalance sheet concerns.