Newco 1 definition
Examples of Newco 1 in a sentence
This Agreement shall be effective as of the date of the consummation of the transaction(s) contemplated by the Agreement and Plan of Merger dated as of May 7, 2001 by and among the Company, BNP Paribas, a societe anonyme or limited liability banking corporation organized under the laws of the Republic of France ("BNP"), and Newco 1 (the "Effective Date") and shall remain in effect until the third anniversary thereof (the "Term").
Where Newco 1 is required to allot and issue Members’ Scheme Condition Shares and/or Warrants to the Existing Shareholders, the Existing Shareholders shall receive the Members’ Scheme Condition Shares and/or Warrants on the basis set out in the Members’ Scheme or otherwise determined by the Parent, provided that the overall quantum of Members’ Scheme Condition Shares and/or Warrants issued to the Existing Shareholders shall not be thereby increased.
Effective as of immediately following the contribution of the Newco 1 Equity Interests to Newco 2 as required by Section 1.4 hereof and contemporaneously with the receipt by Newco 2 of the consideration set forth in Section 1.7 hereof, Newco 2 shall, by virtue of this Agreement and without any further action by any party, contribute, transfer, assign and convey to Transferee, as a capital contribution, all of the Newco 1 Equity Interests, free and clear of any Liens and Encumbrances.
Manuals and documentation provided shall include the Hospitality Suite User manual, the Hospitality Suite Administration manual and the Hospitality Suite HACCP manual; all of which are available on-line.
The particular Digimarc Services to be performed and expenditures to be made by Digimarc shall be set forth in an annual work plan and budget (the “Annual Work Plan”) as adopted and approved by the management of Newco 1.