Reorganized Clover definition

Reorganized Clover means either (a) 4L Ultimate Topco, or any successor or assign thereto, by merger, consolidation, reorganization, or otherwise, in the form of a corporation, limited liability company, partnership, or other form, as the case may be, on and after the Effective Date, or (b) a new corporation, limited liability company, or partnership that may be formed to, among other things, directly or indirectly acquire substantially all of the assets and/or stock of the Debtors and issue the New Common Stock to be distributed pursuant to the Plan.
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Reorganized Clover means 4L Holdings, as reorganized pursuant to and under the Restructuring Transactions or any successor thereto.
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Examples of Reorganized Clover in a sentence

  • Pursuant to section 1129(a)(5) of the Bankruptcy Code, to the extent known and determined, on or prior to the Effective Date, the number and identity of the members of the Reorganized Clover Board shall be determined by the Required Consenting Term Loan Lenders in accordance with the Plan, the Restructuring Support Agreement and/or the applicable New Organizational Documents.

  • The terms and conditions of the Exit Facility Credit Agreement shall bind Reorganized Clover and each other Entity that enters into such Exit Facility Credit Agreement as a guarantor.

  • For the avoidance of doubt, the terms and conditions of the Management Incentive Plan (including any related agreements, policies, programs, other arrangements, and the Management Incentive Plan participants) shall be determined solely by the Reorganized Clover Board after the Effective Date and shall be consistent in all respects with the Restructuring Support Agreement.

  • Within ninety (90) days of the Effective Date, the Reorganized Clover Board shall make a determination with respect to adoption of the Management Incentive Plan.

  • On the Effective Date, the officers and overall management structure of Reorganized Clover, and all officers and management decisions with respect to Reorganized Clover (and/or any of its direct or indirect subsidiaries), compensation arrangements, and affiliate transactions shall only be subject to the approval of the Reorganized Clover Board.

  • On or immediately before the Effective Date, Clover or Reorganized Clover, as applicable, will file its New Organizational Documents with the applicable Secretary of State and/or other applicable authorities in its state of incorporation or formation in accordance with the applicable laws of their respective state of incorporation or formation, to the extent required for such New Organizational Documents to become effective.

  • On the Effective Date, Reorganized Clover will issue the New Warrants only to the extent required to provide for distributions to Holders of applicable Existing Equity Interests, as contemplated by this Plan and as set forth and governed in all respects by the New Warrant Agreement.

  • This reduces the ‘excess income’ of the convertible and at the same time can push up the price of the associated shares.

  • The selection process and composition of the Reorganized Clover Board accords with applicable state law, the Bankruptcy Code, the interests of creditors and equity security holders, and public policy.

  • Pursuant to section 1129(a)(5) of the Bankruptcy Code, to the extent known and determined, on or prior to the Effective Date, the number and identity of the members of the Reorganized Clover Board shall be determined in accordance with the Plan, Restructuring Support Agreement, and/or the applicable New Organizational Documents.

Related to Reorganized Clover

  • Reorganized Company means the Company, as reorganized pursuant to and under the Plan, on and after the Effective Date, or any successor or assign thereof.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, reorganization, or otherwise, in the form of a corporation, limited liability company, partnership, or other form, as the case may be, on and after the Effective Date.

  • Reorganized means, with respect to the Debtors, any Debtor or any successor thereto, by merger, consolidation or otherwise, on or after the Effective Date.

  • Reorganized Debtors means the Debtors on and after the Effective Date.

  • Surviving Entity has the meaning set forth in Section 2.1.

  • DH means District Hospital;

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

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

  • Surviving Company has the meaning set forth in Section 2.1.

  • EBS means Electronic Bid Submission.

  • Surviving General Partner has the meaning set forth in Section 11.2(d)(i)(A).

  • Effective Time has the meaning set forth in Section 2.2.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • Assumed Final Distribution Date The Distribution Date in July 2036.

  • Retained Claims means the Debtors’ interests in all existing and potential causes of action and litigation in which any of the Debtors is the plaintiff (or could be a plaintiff), or a defendant with a counterclaim or cross claims, including, without limitation, any claim, right or interest each or any of the Debtors may have as a direct or indirect result of COVID-19, against or with respect to any local, state, or federal government, agency, instrumentality, or other Governmental Unit as well as any insurer (or account of any Insurance Policy), including, without limitation, Relief Funds.

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

  • Merger Sub I has the meaning set forth in the Preamble.

  • Share Acquisition Date means the first date of public announcement by the Company (by press release, filing made with the Securities and Exchange Commission or otherwise) that an Acquiring Person has become such.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • CCC means Customer Care Centre

  • ITC (this Section2 of the RFP) means the Instructions to Consultants that provides the Consultants with all information needed to prepare their Proposals.

  • Final Merger Consideration has the meaning set forth in Section 2.10(b)(ii)(D).

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Distribution Effective Time means 12:01 a.m., Eastern time, on the Distribution Date.

  • CCO means the Global Chief Compliance Officer of SSgA.