NSNCo Group definition

NSNCo Group means NSNCo and its Subsidiaries.

Examples of NSNCo Group in a sentence

  • First Ranking New Secured Notes Security and intercompany debt obligations between IHCo and the NSNCo Group to be regulated by a separate security trust and subordination deed.

  • No member of the NSNCo Group may have any liabilities to any other Group entity outside of the NSNCo Group other than IHCo, and then only to the extent such liabilities are subject to acceptable subordination arrangements in favour of the New Secured Noteholders and pledged in favour of the New Secured Noteholders (subject to exceptions to be agreed, provided that any such agreed specific exception will be subject to release on enforcement).

  • Group Wide Restrictive Covenants Restrictive covenants in respect of the RigCo Group, the NSNCo Group and on a Group-wide basis as set out in Annex 4 (Group Wide Restrictive Covenants) to be included in each Secured Facility Agreement.

  • NSNCo The new holding company to be in place as a direct and wholly-owned special purpose subsidiary of IHCo NSNCo Group NSNCo and its Subsidiaries (as defined in Annex 3 (Common Terms and Definitions and Regularising Amendments for Secured Facility Agreements)).

  • Moreover, NSNCo and its subsidiaries (all of which are non-Debtors in these chapter 11 cases) also have 12 other operating accounts (the “ NSNCo Group OperationalAccounts”), which hold cash received by the NSNCo Group.

  • In summary, subject to exceptions for (a) payments relating to the operations of the Spare Parts Pool, (b) certain other intra-group management services, and (c) payments of cash made by NSNCo, NSNCo Group members cannot transfer cash to entities except to other members thereof.

  • Any payment of cash between members of the NSNCo Group may be made by contribution or subscription for equity, payment of a dividend, repayment of an existing intra-group loan, or by advancing cash as a loan, as applicable.

  • NSNCo, however, may not have intra-group loan liabilities except to IHCo or other NSNCo Group members.

  • There are no restrictions on use of funds in these accounts within the NSNCo Group, although cash received which constitutes “Net Realization Proceeds” under the NSN Indenture must be paid to NSNCo and held in the NSN Mandatory Offer Holding Account.

  • Any upstreaming of cash to IHCo from the NSNCo Group is, therefore, made through NSNCo. Lastly, NSNCo Group members other than NSNCo may not owe intra-group loan liabilities except to other NSNCo Group members.

Related to NSNCo Group

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • Promoter Group means an immediate relative of the Promoter (i.e. spouse of that person, or any parent, brother, sister or child of the person or of the spouse); persons whose shareholding is aggregated for the purpose of disclosing in the offer document “shareholding of the promoter group”.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • DBS Group means any of DBS’s subsidiaries, DBS’s holding company and any subsidiaries of DBS’s holding company;

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Supplier Group means the Supplier and its Affiliates from time to time and "Supplier Group Company" means any company or corporation within the Supplier Group;

  • Affiliated Group means any affiliated group within the meaning of Section 1504(a) of the Code or any similar group defined under a similar provision of state, local or foreign law.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Member means a member of the Board;

  • VAT Group means a group as defined in Section 15 of the Value Added Tax Consolidation Xxx 0000 and any similar VAT grouping arrangement in any other jurisdiction.

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Group Business Entity means;

  • Target Group means the Target and its Subsidiaries.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Customer Group means, collectively, Customer, its parents and Affiliates, its Agents, and its and their respective managing members, general and limited partners, officers, directors, employees, and other representatives.