New Parent Company definition

New Parent Company means the Acquiring Company, or, if different the company that is the ultimate parent company of the Acquiring Company within the meaning of section 1159 of the Companies Act 2006; and
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New Parent Company means a newly-incorporated corporation organized under the laws of the State of Indiana that will be a wholly owned subsidiary of New Holding Company and that will own one hundred percent (100%) of New ATA Holdings.
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New Parent Company means a newly-incorporated, wholly-owned subsidiary of New Holdco, as described in Section 6.5 of the Plan.
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Examples of New Parent Company in a sentence

  • New Parent Company will take all necessary corporate action to effect the Issuance.

  • On the Effective Date, the New Parent Company will issue the New Equity Interests, Pro Rata, to the holders of the Allowed Term Loan Secured Claims (the “Issuance”).

  • Following the Issuance (as defined below), Vista HoldCo shall transfer 100% of the equity interests of (representing all of its ownership interests in) VPROP to the New Parent Company (the “VPROP Equity Transfer”) and the Specified Pre-Petition Debt shall be extinguished.

  • Among other things, the Updated Governance Documents shall reflect a form of the New Parent Company that provides for a tax efficient treatment satisfactory to the Required Consenting Lenders, in consultation with the Debtors.

  • As of the Effective Date, the terms of the current members of the board of directors of the Debtors shall expire, and the initial boards of directors, including the New Parent Board, and the officers of each of the Reorganized Debtors shall be appointed in accordance with the respective governance documents for the New Parent Company and the Updated Governance Documents, as applicable.

  • Control of the New Parent Company will be vested in the New Parent Board, who will manage and govern the affairs of the New Parent Company.

  • After the Effective Date, the New Parent Company will negotiate in good faith to implement a Management Incentive Plan; provided that such Management Incentive Plan shall be subject to the approval of the New Parent Board.

  • Control of the New Parent Company will be vested in the New Parent Board, who willmanage and govern the affairs of the New Parent Company.

  • In such case the existing Award (the “Old Award”) shall lapse on the occurrence of the relevant event, provided that the New Parent Company shall grant a replacement right to receive shares (the “New Award”) over such number of shares in the New Parent Company which are of equivalent value to the number of Shares in respect of which the Old Award was outstanding.

  • New Holding Company will cause New Parent Company to be incorporated as a wholly owned subsidiary of New Holding Company.


More Definitions of New Parent Company

New Parent Company means Guild Holdings Company, a Delaware corporation, or its successor.”
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New Parent Company has the meaning set forth in the Recitals.
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Related to New Parent Company

  • Parent Company means, with respect to a Lender, the bank holding company (as defined in Federal Reserve Board Regulation Y), if any, of such Lender, and/or any Person owning, beneficially or of record, directly or indirectly, a majority of the shares of such Lender.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Parent Corporation means any present or future “parent corporation” of the Company, as defined in Section 424(e) of the Code.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Wholly Owned Subsidiary means any Subsidiary of a Person in respect of which all of the Equity Interests (other than, in the case of a corporation, directors’ qualifying shares) are at the time directly or indirectly owned or controlled by such Person or one or more other Subsidiaries of such Person or by such Person and one or more other Subsidiaries of such Person.