Newco Equity definition

Newco Equity means the fully paid up and issued share capital of the NewCo.
Newco Equity means the equity interests in Newco, which shall be owned by the Holders of First Lien Claims from and after the Effective Date in the event that there is no Acceptable Package 2 Purchaser at the conclusion of the Sale Process.

Examples of Newco Equity in a sentence

  • Each of Vornado and Newco reserves the right, in its sole discretion, to amend or terminate the Vornado Equity Plan (and the awards thereunder) and the Newco Equity Plan (and the awards thereunder), respectively, at any time after the date of this Agreement, to the extent permitted or required under the terms of the Vornado Equity Plan, Newco Equity Plan or applicable Law; provided that no such amendment or termination shall prevent the actions described in Article V.

  • The Parties hereby acknowledge and agree that nothing in this Article V shall be construed to require (a) Vornado or any of its Affiliates to continue the Vornado Equity Plan before or after the Effective Time, or (b) Newco or any of its Affiliates to continue the Newco Equity Plan before or after the Effective Time.

  • Vornado and Newco shall take all actions as may be necessary or advisable to adopt and obtain approval of the Newco Equity Plan (and the awards in respect of Newco Common Shares thereunder) in order to satisfy the requirement of Rule 16b-3 under the Exchange Act, and the applicable rules and regulations of any applicable exchange on which Newco Common Shares will be traded.

  • Newco shall be responsible for all Liabilities associated with awards made under the Newco Equity Plan.

  • In reliance upon this exemption, the Newco Equity and the Warrants issued to holders of First Lien Debt Claims and Second Lien Debt Claims (and the Warrant Equity issuable upon exercise thereof), as applicable, generally will be exempt from the registration requirements of the Securities Act, and state and local securities laws.

  • Holders of First Lien Debt Claims Pursuant to the Plan, Holders of First Lien Debt Claims will receive Newco Equity and New Second Out Term Loans in complete and final satisfaction of their First Lien Debt Claims.

  • Any such distributions in excess of the U.S. Holder’s basis in its Newco Equity generally will be treated as gain from the sale or exchange thereof.

  • Consequences to Holders of the Disposition of Newco Equity, Tranche A Warrants, Tranche B Warrants and New Second Out Term Loans The sale, redemption, or other disposition of the Newco Equity within six months after acquisition at a gain would constitute a taxable event for a non-Luxembourg Holder if such Holder owns a shareholding in Newco Parent of more than 10%.

  • Holders of Second Lien Debt Claims Pursuant to the Plan, Holders of Second Lien Debt Claims will receive Newco Equity, Tranche A Warrants and Tranche B Warrants in complete and final satisfaction of their Second Lien Debt Claims.

  • The Newco Equity Plan shall be approved prior to the Effective Time by Vornado as Newco’s sole shareholder.


More Definitions of Newco Equity

Newco Equity means common shares of par value US$.001 per share each in the capital of Newco;
Newco Equity means the Debtors' warrant to purchase shares of the common stock of the Going Concern Purchaser as described in the Going Concern Sale Agreement.
Newco Equity means Class A Interests in Newco representing 20% of Newco’s Fully Diluted Equity Interests (as defined in the Amended and Restated Newco Operating Agreement) as of the Closing Date.

Related to Newco Equity

  • Book Equity means the aggregate of the amounts paid-up or credited as paid-up on the Charter Guarantor's issued share capital and the amount of the consolidated capital and revenue reserves of the Group (including any share premium account, capital redemption reserve fund and any credit balance on the consolidated profit and loss account of the Group) all as shown by the latest audited consolidated balance sheet and profit and loss account of the Group delivered under this Deed but after:

  • Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Newco Stock means the common stock, par value $.01 per share, of NEWCO.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Qualifying Equity Interests means Equity Interests of the Company other than Disqualified Stock.

  • Net Equity ’ means, subject to such rules and regulations as the Commission pro- mulgates under the Act, with respect to the aggregate of all of a customer’s accounts that such customer has in the same capacity—

  • Adjusted Equity means the Equity funded in Indian Rupees and adjusted on the first day of the current month (the “Reference Date”), in the manner set forth below, to reflect the change in its value on account of depreciation and variations in Wholesale Price Index (WPI), and for any Reference Date occurring between the first day of the month of Appointed Date (the date of achievement of Financial Closure) and the Reference Date;

  • New Equity means the common equity interests in Reorganized Neiman to be authorized, issued, or reserved on the Effective Date pursuant to the Plan.

  • Holdco has the meaning set forth in the Preamble.

  • Consolidated Equity means and refers to, as of the end of any period of determination, the sum, without duplication, of (i) Consolidated Tangible Net Worth of HDFS, (ii) preferred stock and (iii) Subordinated Indebtedness.

  • Company Equity Plans means the Company’s 1994 Stock Option Plan, 1998 Stock Option Plan, 2000 Stock Option Plan, 2003 Equity Incentive Plan and 2005 Equity Incentive Plan, each as may be amended from time to time, and any stock option agreements, award notices, stock purchase agreements or other agreements or instruments executed and delivered pursuant thereto.

  • Capital stock tax means a tax measured in any way by the capital of a corporation considered in its entirety.

  • New Equity Interests means the limited liability company

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Excluded Capital Stock means:

  • Parent Equity Plan shall have the meaning set forth in Section 4.6.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Capital Stock Sale Proceeds means the aggregate net proceeds (including the Fair Market Value of property other than cash) received by the Company from the issuance or sale (other than to a Subsidiary of the Company or an employee stock ownership plan or trust established by the Company or the Subsidiary for the benefit of their employees) by the Company of its Capital Stock (other than Disqualified Stock) after the Issue Date, net of attorneys’ fees, accountants’ fees, initial purchasers’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with the issuance or sale and net of taxes paid or payable as a result thereof.

  • Consolidated Stockholders’ Equity means, as of any date of determination for the Company and its Subsidiaries (excluding Project Debt Entities) on a consolidated basis, stockholders’ equity as of that date, determined in accordance with GAAP.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Total Stockholder Return means the total return (change in share price plus reinvestment of any dividends) of a share of the Company’s common stock.

  • Preferred Equity means any stock, shares or other ownership interests in the issuer thereof howsoever evidenced (including, without limitation, limited liability company membership interests), whether with or without voting rights, that is entitled to dividends or distributions prior to the payment of dividends or distributions with respect to Common Equity.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.