Examples of NPCPI in a sentence
On the Effective Date, among other contemplated mergers, (i) NPPHH shall merge into NPCPI, (with NPCPI as the surviving Entity) and (ii) NPCS shall either merge into NPWSI (with NPWSI as the surviving Entity) or dissolve post-Effective Date, at the option of the Reorganized Debtors.
Effective upon the Plan Effective Date and the satisfaction of the Closing Conditions hereunder, under this Settlement Agreement, NPG and NPHC may, on written notice to Stora Enso, assign (if necessary) the 2007 SPA (by assumption or otherwise, as specified in the foregoing notice), subject to the releases, waivers and modifications of and with respect to the 2007 SPA set forth in this Settlement Agreement, to any or all of Reorganized Debtors NPC, NPCPI and NPWSI.
Consequently, effective as of the Plan Effective Date, the Reorganized Debtors NPC, NPCPI and NPWSI hereby assume all obligations and duties of NPG and NPHC under the 2007 SPA, solely with respect to the Surviving Indemnity Claims (as defined in Section 8(b) below).
On December 6, 2007, Stora Enso, as Lender, and NPCPI, as borrower, entered into a Bridge Loan Agreement providing for a loan (the ―Bridge Loan‖) to fund the unwinding of a certain repurchase transaction of the entity now known as NPWSI (the ―Repo‖).
Subject to the proviso in Section 5(a) above, the treatment of such Allowed Unsecured Claims, including any distributions in respect of such Allowed Unsecured Claims, shall be subject to the terms of the Plan, provided that such Plan must provide, among other things, for pari passu treatment of the Allowed Unsecured Claims with other allowed third- party general unsecured claims against Lessee and NPCPI.
On the Effective Date, (i) NPPHH shall merge into NPCPI, (with NPCPI as the surviving Entity) and (ii) NPCS shall either merge into NPWSI (with NPWSI as the surviving Entity) or dissolve post-Effective Date, at the option of the Reorganized Debtors.