Examples of Newco Holding in a sentence
Such restructuring may include one or more mergers, consolidations, dispositions, liquidations, or dissolutions, as may be determined by Newco Holding LLC or the Reorganized Residential Debtors to be necessary or appropriate.
Neither Newco Holding LLC nor any Reorganized Residential Debtor shall (a) have any liability on account of any Allowed Claim, or (b) have any obligation to any Person to make distributions to any holder of an Allowed Claim pursuant to this Plan, except as may be specifically set forth in the Purchase Agreement.
Notwithstanding anything in Section 5.3 to the contrary, the property of each Residential Debtor's Estate, together with any property of each Residential Debtor that is not property of its Estate and that is not specifically disposed of pursuant to this Plan, shall revest in the applicable Reorganized Residential Debtor on the Effective Date and the Reorganized Residential Debtors' Common Stock shall be sold to Newco Holding LLC pursuant to the Purchase Agreement.
The parties hereto desire to set forth their understanding with respect to certain matters in connection with a Newco Holding IPO.
TCW and Sankaty agree to comply with the provisions of Section 4(a) of the Securityholders Agreement, dated as of May 5, 1998, by and among the Company and its securityholders, in the event that such provisions do not otherwise apply to a Newco Holding IPO.