Examples of New CarCo in a sentence
Chrysler will transfer the majority of its operating assets to New CarCo Acquisition LLC (" New Chrysler"), a newly established Delaware limited liability company that currently is an indirect wholly-owned subsidiary of Fiat; and (b) in exchange for those assets, New Chrysler will assume certain liabilities of Chrysler and pay to Chrysler $2 billion in cash (collectively with the other transactions contemplated by the Purchase Agreement, the "Fiat Transaction").
Chrysler, LLC77 (the “English Case”) that was approved by the District Court for the Eastern District of Michigan on July 31, 2008 and provided for Chrysler to make certain deposits and remittances to the newly established VEBA for the provision of retiree medical benefits.78 After Old CarCo filed for bankruptcy in 2009, the UAW asserted that Chrysler (i.e., New CarCo) was bound by the MOUs and responsible for providing retiree medical benefits.
The Borrower and New CarCo shall have executed and delivered the New CarCo Assignment and Assumption, and all conditions precedent to New CarCo’s $7,072,488,605 First Lien Credit Agreement between New CarCo and Treasury shall have been satisfied or waived by the Treasury in accordance with the terms therewith substantially contemporaneously with the conditions precedent set forth in this Section 4.1.
All notices and other communications provided for or permitted hereunder shall be in writing and, except as specified herein, shall be made by hand delivery, by registered or certified first-class mail, return receipt requested, overnight courier or facsimile transmission: if to the Company: [New CarCo Acquisition] LLC 0000 Xxxxxxxx Xxxxx Xxxxxx Xxxxx, XX 00000 Xxxxxx Xxxxxx of America Attention: General Counsel Tel: +0 (000) 000-0000 Fax: +0 (000) 000-0000 if to Fiat: Fiat S.p.A. Xxx Xxxxx x.
Wiesel, on the brief) Sullivan & Cromwell LLP, New York, NY for Appellees Fiat S.p.A. and New CarCo Acquisition LLC MARTIN J.
Gonzalez, Bankruptcy Judge, dated June 1, 2009 (the “Sale Order”), authorizing the sale of substantially all of the debtor’s assets to New CarCo Acquisition LLC (“New Chrysler”).
Appellees below were Chrysler LLC et al., debtors in the Chapter 11 bankruptcy case from which this petition arises; International Union of United Automobile, Aerospace, and Agricultural Implement Workers of America, AFL-CIO; Fiat S.p.A. and New CarCo Acquisition LLC; the United States of America; Export Development Canada; Chrysler Financial Services Americas LLC; and the Official Committee of Unsecured Creditors of Chrysler LLC, et al.
At the outset of their chapter 11 cases, the Debtors focused on an expedited process for the sale of certain assets to FCA (then known as New CarCo Acquisition LLC).
De C.V. Mexico Chrysler Mexico Holding, S de RL De C.V. (99.9%) and New CarCo Minority LLC (0.1%) Chrysler India Automotive Private Ltd.
Earnings per share were EUR 0.12 (EUR 0.19).The order book at the end of the review period was EUR 2.5 million (EUR 2.4 million 12/2017), representing a year-on-year increase of about EUR 0.1 million.Financial year 2017Net sales amounted to EUR 23.0 million (EUR 21.6 million 1-12/2016), a year-on-year increase of 6 percent.