Examples of Newco 2 in a sentence

Such loan notes shall be transferred by Equitix Holdco to Aqueduct Newco 2 Limited, an indirectly wholly-owned subsidiary of Bidco (the “KKR Investor”), in consideration for the KKR Investor procuring the issuance of the AssetCo Issuance Shares to Equitix Holdco.
A leaseholder is someone who has been granted a right of leasehold to a particular area of communal land.
In terms of the Business Rescue Plan, the relevant Newco (being Newco 2 as indicated below) shall acquire or have the right to use the IP including the right to use any intellectual property developed pursuant to the Riverston IP Agreement.
However, Riverston has the right to take formal cession of such intellectual property, and to the extent this occurs, such intellectual property is intended to form part of the licence agreement between Riverston and Newco 2 referred to above.
No gain or loss will be recognized by Newco 1 on the transfer of the Business A assets to Newco 2 in exchange for Newco 2 stock and the assumption by Newco 2 of the related liabilities (sections 351(a) and 357(a)).

More Definitions of Newco 2

Newco 2 means Endo Operations Limited (previously known as Operand Pharmaceuticals III Limited), a private company limited by shares incorporated and tax resident in Ireland (Registration Number: 731366) formed for the purposes of acquiring the business of Endo Ventures Unlimited Company.

Newco 2 means a Restricted Subsidiary that is a wholly-owned, direct subsidiary of NewCo 1.

Newco 2 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 2 means a Restricted Subsidiary that is a wholly-owned, direct subsidiary of NewCo 1.Amendment of Definition of Change of Control Proposed Amendment. The Issuer requests Holders, by delivery of their Consents, to authorize an amendment to Section 1.01 of the Indenture to amend the definition of “Change of Control” as follows. New text is indicated by a double underline, whereas deleted text is indicated by a strikethrough (new text / deletion).

Newco 2 has the meaning given to it in the Creditor Restructuring Agreement;

Newco 2 means the Subsidiary to be created by the Company and which shall enter into Shipbuilding Contract 2 and purchase New-Build 2.