Weatherford Parent definition

Weatherford Parent means Weatherford International plc, an Irish public limited company, as debtor-in-possession in these Chapter 11 Cases.
Weatherford Parent means Weatherford International plc, an Irish public limited company.
Weatherford Parent means Weatherford International plc, an Irish public limited company, as debtor-in-possession in these Chapter 11 Cases. ARTICLE II. ADMINISTRATIVE, DIP FACILITY, AND PRIORITY TAX CLAIMS

Examples of Weatherford Parent in a sentence

  • On the Distribution Record Date, the Claims Register (and the Debtors’ books and records with respect to the Holders of Equity Interests in Weatherford Parent) will be closed.

  • For the avoidance of doubt, Weatherford Bermuda and Weatherford Delaware may make payments on behalf of Weatherford Parent that would otherwise be considered prepetition claims of Weatherford Parent in the Irish Scheme of Arrangement so long as such payments are in the ordinary course of business and otherwise in accordance with the terms of this Plan and the DIP Orders.

  • Because Weatherford Parent is an Irish incorporated entity, it would generally be classified as a foreign corporation under these rules.

  • Weatherford Parent is an Irish public limited company that is a Swiss tax resident.

  • The examiner, when appointed, will be an independent officer of the High Court of Ireland and will be free to adopt or decline to adopt the terms of the proposals for a scheme of arrangement accompanying the petition to have an examiner appointed to Weatherford Parent.

  • The United States Internal Revenue Service (the “IRS”) may, however, assert that Weatherford Parent should be treated as a U.S. corporation for U.S. federal income tax purposes pursuant to IRC Section 7874.

  • Following the Effective Date, the Reorganized Debtors intend to continue to operate under Weatherford Parent, which is expected to be an Irish tax resident following the Irish Migration (as defined below).

  • Any interest income received by Weatherford Parent is subject to tax at 25%.

  • In addition, these discussions do not address tax consequences that may be relevant to Holders of Claims other than Prepetition Notes Claims or of Equity Interests other than Existing Common Stock.The following discussions assume that the Internal Reorganizations will occur prior to or on the Effective Date and in accordance with the Description of Reorganization Steps and that Weatherford Parent will continue as the parent of the group following the Effective Date.

  • Weatherford Parent believes that the examiner will adopt and put the proposals before meetings of Weatherford Parent’s shareholders and creditors and subsequently seek their approval by the High Court of Ireland, because the proposals will, insofar as Weatherford Parent is concerned, mirror the Plan and the Plan represents the best solution achievable for the Debtors, their creditors and shareholders.

Related to Weatherford Parent

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

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

  • Subco means 0731297 B.C. Ltd., a corporation existing under the laws of the Province of British Columbia and a wholly owned subsidiary of Kinder;

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Topco has the meaning set out in the Preamble;

  • Foster parent means an individual who operates a home that has been approved by the Department to provide care for an unrelated child or young adult placed in the home by the Department.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • MergerSub has the meaning set forth in the Preamble.

  • Seller Parent has the meaning set forth in the Preamble.

  • Merger Subsidiary shall have the meaning set forth in the preamble to this Agreement.

  • EG means the Enforcement Guide;

  • In loco parentis means relating to the responsibility to undertake the care and control of another person in the absence of:

  • Birth parent means the child's biological parent and, for purposes of adoptive placement, means

  • WCA means the Workers Compensation Act (British Columbia) and the regulations thereunder.

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • Parent Subsidiary means any Subsidiary of Parent.

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

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

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • Parent Parties has the meaning set forth in ARTICLE V.

  • GLJ means GLJ Petroleum Consultants Ltd.;

  • 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;

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.