Newco 1 means a Restricted Subsidiary that is a wholly-owned, direct subsidiary of the Company.
Newco 1. Has the meaning given in Recital (D).
Newco 1 has the meaning specified in the Recitals.
Examples of Newco 1 in a sentence
This process continues until remaining funds from SIHL and Newco 1 are up-streamed to NV.
Steinhoff NV owns assets under two major holding companies: Steinhoff Investment Holdings Limited (“SIHL”) in South Africa and Newco 1, formerly known as Steinhoff Finance Holdings GmbH (“SFH”) in Austria.
These figures include assets and liabilities at Newco 3 and Newco 1.
Newco 2 will grant Newco 1 all rights to use any IP and will sub-licence all other intellectual property licensed to it by Riverston.
Newco 1 similarly has liabilities that significantly exceed assets.
More Definitions of Newco 1
Newco 1 means an English or Scottish public limited company to be incorporated or acquired from company formation agents which will have as part of its issued share capital, one special rights redeemable preference share of £1 having substantially similar rights as the existing special rights redeemable preference share in the capital of the Parent or (i) such lesser rights as HMG may require in order to comply with EU law as interpreted by the European Court of Justice and/or (ii) such lesser rights, without adversely affecting the rights of ordinary shareholders, as HMG may reasonably require.
Newco 1 means Steenbok Newco 1 Limited, a Jersey incorporated, UK tax resident company, wholly owned on its date of incorporation by SFHG.
Newco 1 means Steenbok Newco 1 Limited, a Jersey incorporated, UK tax resident company, wholly owned on its date of incorporation by SFHG.“Newco 2A New Loan Transfer Document(s)”means any transfer certificate and/or other document(s) necessary to effect the transfer by Lux Finco 1 of all its rights and obligations under the New Lux Finco 2 Second Lien Loan to Newco 2A.“Newco 1 Business Transfer Agreement”means the business transfer agreement between Newco 1 and Newco 2A pursuant to which Newco 1 will transfer substantially all of its assets to Newco 2A and Newco 2A assumes substantially all of Newco 1’s liabilities.“Newco 1 Hemisphere Deed of Transfer”means the Dutch notarial deed of transfer of shares pursuant to which the shares in Hemisphere held by Newco 1 will be transferred from Newco 1 to Newco 2A.“Newco 1 Möbel Deed of Transfer”means the transfer agreement in the form of a notarial deed compliant with Austrian law pursuant to which the shares in Möbel will be transferred from Newco 1 to Newco 2A.“Newco 2A”means Steenbok Newco 2A Limited, a Jersey incorporated, UK tax resident company, wholly owned on its date of incorporation by Newco 1.“Newco 2A Möbel Deed of Transfer”means the transfer agreement in the form of a notarial deed compliant with Austrian law pursuant to which the shares in Möbel will be contributed from Newco 2A to Newco 2B.“Newco 2B”means Steenbok Newco 2B Limited, a UK incorporated, UK tax resident company, wholly owned on its date of incorporation by Newco 2A.“Newco 2B Möbel Deed of Transfer”means the transfer agreement in the form of a notarial deed compliant with Austrian law pursuant to which the shares in Möbel will be contributed from Newco 2B to Newco 3.“Newco 3”means Steenbok Newco 3 Limited, a UK incorporated, UK tax resident company, wholly owned on its date of incorporation by Newco 2B.“Newco 3 Articles”means the new articles of association to be adopted by Newco 3, in a form to be approved by the Majority CVA Creditors and SIHNV.“Newco 3 Group”means Newco 3 and its Subsidiaries.“Newco 3 Möbel Deed of Transfer”means the transfer agreement in the form of a notarial deed compliant with Austrian law pursuant to which the shares in Möbel will be contributed from Newco 3 to Newco 4.“Newco 4”means Steenbok Newco 4 Limited, a UK incorporated, UK tax resident company, wholly owned on its date ofincorporation by Newco 3.
Newco 1 has the meaning given to it in the Creditor Restructuring Agreement;
Newco 1 has the meaning set forth in the Preamble to this Agreement.
Newco 1 means Alon Pipeline Assets, LLC, a Texas limited liability company.
Newco 1 shall have the meaning specified in the preamble to this Agreement.