Verso Holdings definition

Verso Holdings means Verso Paper Holdings LLC, a Delaware limited liability company.
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Examples of Verso Holdings in a sentence

  • See “Description of Other Indebtedness—ABL Facility.” On January 3, 2014, in connection with the entry into the Merger Agreement, Verso Holdings entered into amendments to the ABL Facility allowing for the consummation of the Merger and the other transactions contemplated by the Merger Agreement.

  • Subject to the occurrence of the closing of the issuance of the new debt, Verso Holdings thereafter will, pursuant to the provisions of the Notes and the indenture under which the Notes were issued, including applicable notice provisions, redeem any Notes not tendered and accepted for payment in the tender offer, or if the tender offer is not consummated, any and all outstanding Notes.

  • Verso Holdings has the right to waive any of the foregoing conditions with respect to the Notes.

  • If any of the conditions is not satisfied, Verso Holdings may terminate the tender offer and return tendered Notes.

  • The consummation of the tender offer is conditioned upon, among other things, the issuance of new debt, with terms (including economic terms) acceptable to Verso Holdings in its sole discretion, to permit the closing of the tender offer and related transactions, and the availability of proceeds from the issuance of the new debt necessary to pay the applicable total consideration and interest to the applicable payment date, for validly tendered notes (including applicable premiums, fees and expenses).

  • Tendered Notes may be withdrawn at any time prior to the Early Tender Date but not thereafter, except to the extent that Verso Holdings is required by law to provide additional withdrawal rights.

  • Examples are: criminal conduct, termination of employment, prolonged private staying abroad without reasonable cause etc.8.4 The Vendor shall submit a copy of the records to the Company prior to employment of the person on the Company project.

  • In addition, Verso Holdings has the right, in its sole discretion, to terminate the tender offer at any time, subject to applicable law.

  • These Exit Credit Facilities (as defined in Note 7) provided exit financing in an amount sufficient to repay in full all amounts outstanding under the Verso debtor-in-possession credit agreements of Verso Holdings and its subsidiaries, pay fees and expenses related to the facilities and the emergence of Verso and its subsidiaries from bankruptcy.

  • The 11.75% senior secured notes due 2019 issued pursuant to that certain Indenture, dated as of January 7, 2015, as amended from time to time, by and among, inter alia, Verso Holdings and Co-Issuer, as issuers, substantially all of the Verso Subsidiaries, as guarantors, and Wilmington Trust, N.A., as trustee.

Related to Verso Holdings

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Holdings as defined in the preamble hereto.

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • 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.

  • Holdco has the meaning set forth in the Preamble.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • OpCo has the meaning set forth in the Preamble.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

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

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

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

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • GP means Gottbetter & Partners, LLP.

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

  • Insight as used in this clause, means technical visibility into the Program, maintained through audit, surveillance, assessment of trends and metrics, software independent verification and validation, the flight readiness review process, and review or independent assessment of out-of-family anomalies occurring in any phase of the program.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

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

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • 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.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • mixed-activity holding company means a parent undertaking, other than a financial holding company or an institution or a mixed financial holding company, the subsidiaries of which include at least one institution;

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

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

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;