New Entity definition

New Entity has the meaning given to it in Clause 20.5 of the Trust Deed;

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New Entity has the meaning assigned to such term in Section 1.6.

New Entity means the entity into which constituent entities consolidate, as

Examples of New Entity in a sentence

• Any dispute between B▇▇▇▇ and the Sellers’ Representative as to whether revenue of a New Entity is required to be attributed to Included Revenue pursuant to this Section 1(k)(vi), or as to the amount of such attributed revenue, shall be resolved in accordance with the dispute resolution procedures set forth in Section 1(k)(i), mutatis mutandis.

• Notwithstanding the foregoing, this Section 1(k)(vii) shall not apply to any New Entity formed for a bona fide regulatory, tax, or corporate governance purpose, provided that (x) the primary purpose of such New Entity’s formation is not to reduce or avoid the Earnout Consideration payable to the Sellers and (y) Buyer provides written notice to the Sellers’ Representative within thirty (30) days of the formation of such New Entity, describing in reasonable detail the purpose of such New Entity’s formation.

More Definitions of New Entity

New Entity has the meaning ascribed thereto in the Trust Deed.

New Entity means an entity that has never owned real property or engaged in any transaction.

New Entity means each of ▇▇▇▇ ▇▇▇▇, LLC, a Texas limited liability company, Kohler Mix Specialties of Minnesota, LLC, a Delaware limited liability company, Kohler Mix Specialties, LLC, a Delaware limited liability company, and Morningstar Foods, LLC, a Delaware limited liability company.

New Entity is an Entity that is the result of a consolidation, merger, sale, conveyance, or disposition by and between Contractor and a third-party as described in Sec. 21 of Ex. B, Part 8 of this Contract.

New Entity. Has the meaning set forth in Section 2.6.

New Entity means a quasi public agency or body which has not

New Entity shall have the meaning set forth in Section 9.14.