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.
Interests in TNEH UK shall be cancelled (or such equivalent under local law) on the Effective Date.
The holders of Interests in TNEH UK shall not receive or retain any property or Distributions under the Plan on account of such Interests.
The controlling holder of Interests in TNEH UK has agreed, pursuant to the Plan Support Agreement, to accept and support the Plan.
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.
On the terms and subject to the conditions set forth in this Agreement, at the Closing, TNEH UK shall sell, convey, assign, transfer and deliver to Plan Investor (or one or more Affiliates designated by Plan Investor prior to the Closing), and Plan Investor (or such Affiliates) shall purchase, acquire and accept from TNEH UK, the WECHOL Shares, free and clear of all Liens (other than Liens arising under applicable securities Laws).
TNEH UK owns all of the issued and outstanding equity interests (the “ WECHOL Shares”) in Westinghouse Electric UK Holdings Limited, an English limited company (“WECHOL”), and Plan Investor desires to acquire from TNEH UK, and TNEH UK desires to sell to Plan Investor, the WECHOL Shares.
The TNEH UK Intercompany Security shall rank junior to the DIP Liens, and shall be valid, binding, and automatically perfected under paragraph 9 of this Final Order.
The Credit Parties shall execute and deliver to the Agents all such financing statements, mortgages, security agreements, notices and other documents, and otherwise cooperate and assist in any such filings, as the Agents may reasonably request to evidence, confirm, validate or perfect, or to insure the contemplated priority of, the DIP Liens and the TNEH UK Secured Guaranty Liens.