American Banknote definition

American Banknote. J▇▇▇▇ ▇. ▇▇▇▇▇▇▇, the founder and President of Highland Capital Management, L.P. (“Highland”), is on the board of directors of American Banknote, where S▇▇▇▇▇ ▇▇▇▇▇▇ is also Chairman and Chief Executive Officer. For purposes of attending an American Banknote board meeting, M▇. ▇▇▇▇▇▇▇ visited the American Banknote offices and witnessed G▇▇▇ ▇▇▇▇▇▇ and S▇▇▇▇▇ ▇▇▇▇▇▇ sharing an office in the American Banknote office building. Remus Holdings, Inc. (“Remus Holdings”), is another of the Singer family investment vehicles, which at one time owned a significant amount of securities of American Banknote. Additionally, M▇. ▇▇▇▇▇▇, a director of the Company since 2004, is also a member of the board of directors of American Banknote, the second such entity whose board of directors is chaired by S▇▇▇▇▇ ▇▇▇▇▇▇ (see also Globix above). M▇. ▇▇▇▇▇▇ receives cash and stock options in connection with his service as a director. C. G▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ became a director of the Company in June 2005. M▇. ▇▇▇▇▇▇▇▇▇ has an extensive history of business with S▇▇▇▇▇ ▇▇▇▇▇▇ as well as G▇▇▇ ▇▇▇▇▇▇, including board service on the American Banknote board of directors. M▇. ▇▇▇▇▇▇▇▇▇ was elected the Chairman Emeritus and a director of American Banknote in November 2000, and became a consultant to American Banknote at a rate of $10,000 per month. In July 2001, M▇. ▇▇▇▇▇▇▇▇▇ was awarded a participation in the American Banknote’s restructuring bonus pool at a $100,000 level. In April 2005, upon the consummation of American Banknote’s second bankruptcy filing, G▇▇▇▇▇▇▇▇ retired from the American Banknote board, who then paid M▇. ▇▇▇▇▇▇▇▇▇ $40,000 for his past services. At approximately the same time his tenure with American Banknote (chaired by S▇▇▇▇▇ ▇▇▇▇▇▇) ended, M▇. ▇▇▇▇▇▇▇▇▇ was nominated to serve on the Board, also chaired by S▇▇▇▇▇ ▇▇▇▇▇▇.
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American Banknote or "▇▇▇▇▇ ▇▇▇▇▇▇" or any deceptively similar name:
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Examples of American Banknote in a sentence

  • The addresses for such communications shall be: If to the Company: American Banknote Corporation ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇.

  • As of the earlier of the date upon which the Bankruptcy Court enters an order approving this Agreement and the date the Bankruptcy Court approves a Chapter 11 reorganization plan filed by ABN not inconsistent with this Agreement (the Effective Date"), the Claimant shall, for purposes of the American Banknote Corporation Supplemental Executive Retirement Plan, as amended (the "SERP"), be deemed to have entered into "Retirement" (as defined under the SERP).

  • The American Banknote Corporation Employees' Retirement Plan (the "American Banknote Corporation 401(k) Plan") is maintained in the United States for eligible employees and former employees of Parent and its related participating employers.

  • LIMITED ASSETS ABN confirms that neither Limited nor American Banknote Pacific Pty Limited has any rights or assets other than (in the case of Limited) pursuant to this agreement and Limited's Shares in the Company and (in the case of both Limited and American Banknote Pacific Pty Limited) pursuant to the Promissory Note.

  • For the purposes hereof, the address of the Holder shall be as shown on the records of the Borrower; and the address of the Borrower shall be American Banknote Corporation, 20▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, Attention: Secretary, facsimile number: (2▇▇) ▇▇▇-▇▇▇▇, and a copy to the attention of Pa▇▇▇▇▇ ▇▇▇▇▇, Assistant Secretary, facsimile number: (212) 338-0728.

  • Except for the Executive’s continued paid consulting services to American Banknote Corporation at a similar level as provided by Executive as of the Effective Date, the Executive shall not enter the employ of or serve as a consultant to, or in any way perform any services with or without compensation to, any other persons, business, or organization, without the prior consent of the Company’s Board of Directors (the “Board”).

  • All notices or other communications under this Agreement or any Ancillary Agreement shall be in writing and shall be deemed to be duly given when (a) delivered in person or (b) deposited in the United States mail or private express mail, postage prepaid, addressed as follows: If to Parent, to: Secretary American Banknote Corporation 200 Park Avenue New York, NY 1016▇ ▇▇ ▇▇ ▇▇▇▇, ▇▇: ▇▇▇▇▇▇▇▇▇ American Bank Note Holographics, Inc.

  • Parent shall be solely responsible for any contributions that may be required after the Closing Date under the American Banknote Corporation Retirement Plan (a defined benefit plan) with respect to service prior to the Closing Date or that may be required in order to effect the termination of such plan.

  • As soon as practicable after the Closing Date, and in any event within the period prescribed by applicable statute or regulation, ABNH shall contribute to the American Banknote Corporation 401(k) Plan any contributions required to be made under such plan on behalf of participants who are employees of ABNH based on their compensation for the period up to the Closing Date.

  • The Borrower has executed and delivered a new credit agreement with the Bank in the form of a letter agreement dated as of August 31, 1995, to which American Banknote Corporation (formerly known as United States Banknote Corporation) ("ABC") also is a party (as the same may be supplemented, modified, amended, or restated from time to time, the "New Credit Agreement").