New Charter definition

New Charter means the new holding company that will be formed when CCH I, a current indirect subsidiary of Charter, is reorganized to be a direct subsidiary of Charter and then forms a new subsidiary that will merge with Charter through a tax-free reorganization to become the new holding company.
New Charter means the ultimate parent company of the affiliated group resulting from the merger between Time Warner Cable Inc. and Charter Communications, Inc. Furthermore, your employment shall be deemed to have been terminated for Good Reason if, during the Charter Change in Control Protection Period and without your consent, (A) your Base Salary is reduced from your Base Salary in effect immediately before the reduction, (B) the sum of your Base Salary, Target Bonus, and target grant value of long-term incentive compensation pursuant to Sections 3.1, 3.2, and 3.3 is reduced from such sum in effect immediately before the reduction (for this purpose, the 2015, 2016, and 2017 accelerated RSU grants are taken into account as long-term incentive compensation granted in 2015, 2016, and 2017 respectively), (C) your Target Bonus is substituted with long-term incentive compensation such that it reduces your Target Bonus by more than half of your Target Bonus in effect immediately prior to the Effective Time, or (D) you no longer report to the Chief Executive Officer of New Charter (or in the event of a reorganization in which New Charter becomes a controlled subsidiary of another entity, then the ultimate parent entity of New Charter). Your employment will not be deemed to have been terminated for Good Reason in accordance with the foregoing sentence unless you provide the Company or New Charter with written notice of the circumstances giving rise to Good Reason within ninety (90) days of their occurrence, and the Company or New Charter shall have thirty (30) days from receipt of such notice to cure. If New Charter does not cure such circumstances, you must terminate employment as of the expiration of the cure period in order to resign for Good Reason. The target grant value of long-term incentive compensation will be determined in a manner consistent with the methodology used by the Company for purposes of Section 3.3 of the Agreement immediately before the Effective Time.”
New Charter means the charter of the Company specifying the Buyers as the owner of the Participation Interests in the charter fund of the Company substantially in the form of Schedule 5;

Examples of New Charter in a sentence

  • The Role of Regulatory Burden in New Charter Creation, Federal Reserve Board, December 16, 2014, at http://www.federalreserve.gov/econresdata/feds/2014/files/2014113pap.pdf.

  • Areas of Challenge the Charter School has Experienced and How They Will be Improved in the New Charter TermIn the new charter term, the school will continue to improve upon its implementation of the academic program and continue to promote a strong and supportive school environment for all students.

  • If the Comcast Transactions are consummated, our equity interests in Charter would be converted into equity interests in New Charter.

  • Each of Charter and Assignee agree that effective upon the consummation of the Charter Reorganization, (i) New Charter will be substituted for Charter for all purposes under the Stockholders Agreement, and (ii) the term “Company Common Stock”, as defined and used in the Stockholders Agreement, will thereafter refer to the class or series of common stock or other securities of New Charter issued to the holders of Company Common Stock in connection with the Charter Reorganization.

  • Prior to the effectiveness of the Charter Reorganization, Charter will cause New Charter to duly adopt a resolution in the form of Exhibit A.


More Definitions of New Charter

New Charter has the meaning set forth in the recitals to this Agreement.
New Charter means the amended and restated Certificate of Incorporation of the Company in the form attached hereto as Annex C.
New Charter means the Certificate of Incorporation for New WHX substantially in the form filed as a Plan Document.
New Charter means the Amended and Restated Certificate of Incorporation in the form and substance of Exhibit B annexed hereto.
New Charter has the meaning set forth in the preamble to this Agreement.
New Charter means the successor entity to CCH I, which successor entity shall become the new public company parent following the completion of the Acquisition Transactions.
New Charter is defined in the preamble.