Examples of New Group Company in a sentence
Upon signing of the new employment agreement with the New Group Company, the continuity of employment of the Executive hereunder will not be affected by virtue of his employment being transferred to the New Group Company, so far as this is permitted by the law of the place where the New Group Company is incorporated.
If considered proper and if allowed by the law of the place where the New Group Company is incorporated, the Board may direct that such New Group Company takes up the employment of the Executive hereunder on the same terms and conditions set out in this Agreement, and the Executive undertakes that he will enter into a new employment agreement with the New Group Company on the same terms and conditions set out in this Agreement.
The DR Holder Reserved Matters are set out in Annex 12 (DR Holder Reserved Matters) and reflected in the articles of association of each New Group Company to ensure that consent by the meeting of the DR Holders must be obtained in connection with such matters.
In the event a DR Holder Reserved Matter is to be put to the management board of a New Group Company, the articles of association of such New Group Company will provide that any such resolution will require the prior approval of the general meeting of shareholder(s) of that New Group Company.
Each Creditor, New Group Company, the Debtor and each other EA Entity undertakes to support the Settlement Plan and take the steps required of it to implement the Settlement Plan as prescribed herein and as explained in the Steps Plan and not to take any steps that would prevent or be contradictory to the implementation steps.
ISIN:NO0010826852.The Bonds:Okea AS FRN open callable senior secured USD 210,000,000 bonds 2018/2023.Issuer:OKEA AS, company existing under the laws of Norway with registration number 915 419 062 and LEI code 549300H385IGBB58CN91.Security Type:Open senior secured callable bonds with floating rate.Guarantor:Means and any Group Company which subsequently becomes a New Group Company.
Each Creditor, New Group Company, the Debtor and each EA Entity undertakes to support and implement the Settlement Plan as prescribed herein and as set out in the Steps Plan [and to omit any steps that would prevent or be contradictory to the implementation steps].