Existing SLM definition

Existing SLM shall have the meaning set forth in the Preamble; provided, that all references to Existing SLM in this Agreement shall be to Existing SLM as it exists prior to the Merger Effective Time.
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Existing SLM has the meaning set forth in the preamble to this Agreement.
Sample 1

Examples of Existing SLM in a sentence

  • During 2008, Existing SLM contributed $629 million (par value) of asset-backed securities to Sallie Mae Bank as additional capital.

  • For the purposes of the Existing SLM historical financial statements, the asset-backed securities held by Sallie Mae Bank, the associated debt at Existing SLM and related intercompany interest income/expense were eliminated in consolidation.

  • In connection with the separation and distribution, SLM BankCo will succeed Existing SLM, by means of a merger, as the issuer of the preferred stock.

  • As a result, Sallie Mae Bank remits to Existing SLM a market rate to service and collect on their student loan portfolios.

  • Pro forma basic earnings per share and pro forma weighted-average basic shares outstanding are based on the number of shares of Existing SLM common stock outstanding during each period, adjusted for a 1-to-1 distribution ratio.

  • Cover the emulsion surface immediately after the spray with clean #57 stone with 40%-50% surface coverage.

  • An adjustment has been made to the balance sheet to reflect the transfer of the $565 million of Existing SLM preferred stock to SLM BankCo for the periods presented.

  • Sallie Mae Bank sells Private Education Loans to Existing SLM on a regular basis in order for Existing SLM to securitize the loans along with other Private Education Loans Existing SLM owns.

  • Existing SLM shall cause the Information Statement to be mailed to the Record Holders.

  • This is known as the “common fund doctrine” and it is premised upon the principal “that persons who obtain the benefit of a lawsuit without contributing to its costs are unjustly enriched at the successful litigant’s expense.” Bowlingv.

Related to Existing SLM

  • existing company means a company formed and registered under any of the previous companies laws…”

  • Existing ship means a ship which is not a new ship.

  • Parent Plan has the meaning set forth in Section 7.8(b).

  • Existing structure means any structure that is installed or approved for installation at the time a wireless services provider or wireless infrastructure provider provides notice to a locality or the Department of an agreement with the owner of the structure to co-locate equipment on that structure. "Existing structure" includes any structure that is currently supporting, designed to support, or capable of supporting the attachment of wireless facilities, including towers, buildings, utility poles, light poles, flag poles, signs, and water towers.

  • Existing Shareholders has the meaning set forth in the preamble.

  • Merger Sub I has the meaning set forth in the Preamble.

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • Cendant means Cendant Corporation, a Delaware corporation.

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Existing Stockholders means the WCAS Securityholders and their Affiliates.

  • First Effective Time has the meaning specified in Section 2.02.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • ATC means a measure of the transfer capability remaining in the physical transmission network for further commercial activity over and above already committed uses.

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Parent Plans has the meaning set forth in Section 6.4(c).

  • Converted entity means the converting entity as it continues in existence after a conversion.

  • Effective Time has the meaning set forth in Section 2.2.

  • Acquiring Corporation means (i) the continuing or surviving corporation of a consolidation or merger with Issuer (if other than Issuer), (ii) Issuer in a merger in which Issuer is the continuing or surviving person, and (iii) the transferee of all or substantially all of Issuer's assets.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Topco has the meaning set out in the Preamble;

  • Parent Superior Proposal shall have the meaning set forth in Section 7.4(g).

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Name Change has the meaning given thereto in Section 5.2(a);

  • Acquiring Company means a person who obtains Control of the Company;

  • Existing Shares means shares of the Company Common Stock Beneficially Owned by Stockholder as of the date hereof.