PRG II definition

PRG II means Production Resource Group II, LLC.
PRG II is defined in the first paragraph of this Agreement.

Examples of PRG II in a sentence

  • Immediately following the Merger, PRG II shall contribute 100% of the equity interests in Reorganized HoldCo to its subsidiary PRG Inc., resulting in Reorganized HoldCo becoming a wholly owned subsidiary of PRG Inc.

  • VER MergerCo and Reorganized HoldCo shall file a certificate of merger with the Secretary of State of Delaware pursuant to which VER MergerCo shall be merged with and into Reorganized HoldCo, and Reorganized HoldCo shall survive the Merger and become a wholly owned subsidiary of PRG II.

  • In connection with the Merger, the New Units shall be cancelled and PRG II shall issue certain preferred and common equity interests to the holders of the New Units in Reorganized HoldCo to reflect the preferred and common equity interests of PRG II to be held by the holders of the New Units on a post-closing basis as set forth in ArticleIII.B.3 and in the Restructuring Support Agreement.

  • As a result, on the Effective Date and immediately following the Merger, Reorganized HoldCo would be treated as a wholly-owned disregarded subsidiary of PRG II and the Holders of Prepetition Term Loan Secured Claims would be treated as partners in PRG II, in each case, for U.S. federal income tax purposes.

  • On the Effective Date, PRG II Inc., PRG LLC and Reorganized HoldCo (as the case may be) shall receive net cash proceeds under the New Investments.

  • Accordingly, such estimated value is not necessarily indicative of the prices at which the New Units or the PRG II Units may trade after giving effect to the transactions set forth in the Plan and such estimated value does not take account any transfer restrictions applicable to the PRG II Units.

  • A partner’s ability to deduct any loss recognized on the sale of PRG II Units will depend on the partner’s own circumstances and may be restricted under the Tax Code.

  • Immediately following the Merger, (i) PRG II shall contribute 100% of the equity interests in Reorganized HoldCo to its subsidiary PRG II Inc., and (ii) PRG II Inc.

  • Any gain or loss recognized with respect to such a sale generally will be treated as capital gain or loss, and will be long-term capital gain or loss if the PRG II Units disposed of have been held for more than one year.

  • A sale of all or part of a partner’s PRG II Units will result in the recognition of gain or loss in an amount equal to the difference between the amount realized in such sale and such partner’s adjusted tax basis for the portion of the PRG II Units disposed of.

Related to PRG II

  • Acquisition Corp. shall have the meaning given to such term in the preamble to this Agreement.

  • Greywater means all liquid wastes from showers, baths, sinks, kitchens and domestic washing facilities, but does not include toilet wastes;

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • GP means Gottbetter & Partners, LLP.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • Constellation has the meaning assigned to that term in the Recitals.

  • EPFO means Employees' Provident Fund Organization

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • GP LLC means Plains All American GP LLC, a Delaware limited liability company.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Asset management means a systematic process of operating and maintaining the state system of

  • MNRE means Ministry of New and Renewable Energy, Government of India;

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • CDBG means community development block grant.

  • CEC means the California Energy Commission or its successor agency.

  • Blackwater means wastewater contaminated by human body waste, toilet paper and any other material intended to be deposited in a receptor designed to receive urine or feces.

  • Graywater means untreated wastewater that has not been contaminated by any toilet discharge, has not been affected by infectious, contaminated, or unhealthy bodily wastes, and does not present a threat from contamination by unhealthful processing, manufacturing, or operating wastes. "Graywater" includes, but is not limited to, wastewater from bathtubs, showers, bathroom washbasins, clothes washing machines, and laundry tubs, but does not include wastewater from kitchen sinks or dishwashers. Health and Safety Code Section 17922.12.

  • mean high water springs or “MHWS” means the highest level which spring tides reach on average over a period of time;

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • LLC means Limited Liability Company.