Examples of Merger Scenario in a sentence
In the Merger Scenario, EFH Corp.’s direct and indirect Interests in each of its subsidiaries (other than EFIH and Oncor) will be either (a) canceled or abandoned pursuant to the Plan or (b) acquired by New EFH pursuant to the Merger with such acquired subsidiaries having been discharged and released, to the fullest extent permitted under applicable law, pursuant to the Plan.
The effect of value added tax will differ between the Merger Scenario and the Alliance Scenario though.
On a relative comparison between the Scenarios examined, it is evident that the Merger Scenario in all aspects shows the highest potential but also is the most complex Scenario with relatively higher but still manageable risks.
In the Merger Scenario, on or before the Effective Date, New EFH may seek to acquire all or a portion of the minority interest of Texas Transmission Investment LLC and/or Oncor Management Investment LLC either (a) pursuant to the drag-along rights set forth in the Investor Rights Agreement or (b) in a privately negotiated transaction with Texas Transmission Investment LLC and/or Oncor Management Investment LLC.
One reason for this is that the Merger is the most comprehensive scenario regarding level of integration, complexity and changes compared to the current situation.Furthermore it is due to avoid repetition, because the Merger Scenario is presented as the first scenario.
Networking & Communication activities will be applied towards engaging members to inform a renewed strategic plan for 2022-2027 by means of several tools, including an annual survey of members; Program working group feedback; The annual program meeting in May 2021 and the Fall 2021 leads meeting; and Informal one-on-one check-ins with leads throughout the year.
Together with a higher return on the investments, this makes the Merger Scenario both the most comprehensive and most viable way of establishing a formalised cooperation between LFV/ANS and Naviair.
In the Merger Scenario, the TCEH Settlement Claim will be deemed satisfied upon Consummation.
On the Effective Date, in the Merger Scenario, Reorganized EFH shall be authorized to issue [ ] shares of Reorganized EFH Common Stock, which shall be converted into [ ] shares of Parent Common Stock pursuant to and subject to the terms and conditions of the Merger Agreement (as described in Article IV.B.3 of the Plan).
In the Merger Scenario, New EFH shall issue the Rights, as set forth in the Plan and the Rights Offering Procedures.