Timber Group definition
Examples of Timber Group in a sentence
Buy-outs of minority shareholdings reviewed comprised Societe Generale de Belgique S.A., Lloyds Abbey Life PLC, News International plc, Calor Group PLC, The Telegraph plc, The Isle of Man Steam Packet Co, Gartmore PLC, The Phoenix Timber Group plc and Ideco Holdings Inc.
Subject to the terms and conditions of this Agreement, the Corporation hereby grants an option to the Optionee to purchase from the Corporation, at the Option Price, the number of shares of Timber Group Stock equal to the Total Shares Under Option.
Except for issuances of Shares pursuant to Company Stock Rights described in the first sentence of Section 5.3(b), since the Measurement Date the Company has not issued any Shares or shares of Timber Group Common Stock or designated or issued any shares of Preferred Stock or Junior Preferred Stock.
No liabilities attributable to the Georgia-Pacific Group as set forth in the G-P SEC Filings are attributable to the Timber Group.
G-P maintains insurance coverage for the Timber Group with reputable insurers in such amounts and covering such risks as are in accordance with normal industry practice for companies engaged in business similar to that of G-P.
Section 4.01 of the letter delivered by G-P to Plum Creek concurrently with the delivery of this Agreement (the "G-P Disclosure Letter") sets forth a list of all of the Persons holding as of the date hereof, directly or indirectly, any of the assets and liabilities of the Timber Group and their respective jurisdictions of incorporation or organization and identifies G-P's (direct or indirect) percentage of equity ownership therein.
G-P has received the opinion ---------------------------- of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. Incorporated to the effect that, as of the date of this Agreement (i) the Spinoff and the Mergers are fair to G-P from a financial point of view and (ii) the Exchange Ratio is fair to the holders of Timber Group Common Stock from a financial point of view, and a copy of such opinion has been delivered to Plum Creek.
Except for the Redemption, there are no outstanding obligations of G-P to repurchase, redeem or otherwise acquire any outstanding securities of Timber Group Equity Interests.
The books and records of each of G-P, the Spincos and their Subsidiaries as they relate to the Timber Group have been, and are being, maintained in accordance with GAAP and any other applicable legal and accounting requirements.
Upon completion of the Redemption, the Spincos ---------- collectively will hold all of the assets and have assumed all of the liabilities (whether accrued, absolute, contingent or otherwise) attributed to the Timber Group.