Spin Back definition

Spin Back means the contractual provision of Spin from an Economy Energy buyer to a Party pursuant to an Economy Energy buyer’s purchase of Energy from that Party.
View Source
Spin Back means the contractual provision of Spin from an Economy Energy buyer to a Party pursuant to an Economy Energy buyer’s purchase of Energy from that Party. 
View Source

Related to Spin Back

  • Spinoff means a transaction in which the Transferor Plan transfers only part of its assets and/or liabilities to the Transferee Plan. The Transferee Plan may be a New Plan that is created in the Spinoff, or it may be a preexisting plan that simply receives part of the assets and/or liabilities of the Transferor Plan.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Share Distribution means a dividend payable in shares of any class or series of capital stock, Convertible Securities or other equity securities of the Corporation or any other Person.

  • Newco Stock means the common stock, par value $.01 per share, of NEWCO.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.