Internal Reorganization definition

Internal Reorganization has the meaning set forth in the Separation Agreement.
Internal Reorganization means the transactions described in Annex I.
Internal Reorganization means any reorganization between or among the Borrower and any Subsidiary or Subsidiaries or between or among any Subsidiary and one or more other Subsidiaries or any combination thereof by way of liquidations, mergers, consolidations, conveyances, assignments, sales, transfers and other dispositions of all or substantially all of the assets of a Subsidiary (whether in one transaction or in a series of transactions); provided that (a) the Borrower shall preserve and maintain its status as a validly existing corporation and (b) all assets, liabilities, obligations and guarantees of any Subsidiary party to such reorganization will continue to be held by such Subsidiary or be assumed by the Borrower or a Wholly-Owned Subsidiary of the Borrower.

Examples of Internal Reorganization in a sentence

  • The Parties agree that they will not disclose any of the Proprietary Information outside their respective organizations without prior written permission from the other Parties unless required to do so pursuant to the law.

  • The Sellers and the Company shall, and shall cause their Subsidiaries to, effect and consummate the Internal Reorganization in substantial conformity with the Internal Reorganization Plan, which is incorporated by reference herein, prior to the Closing.

  • Each of the Sellers and the Company shall, upon request by Parent, furnish Parent with all information reasonably requested in connection with the Internal Reorganization.

  • The Sellers shall have implemented (i) the ISG Reorganization in substantial conformity with the ISG Reorganization Plan, and (ii) the Internal Reorganization in substantial conformity with the Internal Reorganization Plan.

  • The Sellers and the Company shall keep Parent reasonably informed regarding material actions and documentation related to the Internal Reorganization prior to the implementation, execution or delivery thereof.


More Definitions of Internal Reorganization

Internal Reorganization has the meaning set forth in the Recitals.
Internal Reorganization has the meaning set forth in Section 2.1(a).
Internal Reorganization means the allocation and transfer or assignment of Assets and Liabilities, including by means of the Conveyancing and Assumption Instruments, resulting in (i) the AgCo Group owning and operating the Agriculture Business and Agriculture Assets and assuming the Agriculture Liabilities, (ii) the MatCo Group owning and operating the Materials Science Business and Materials Science Assets and assuming the Materials Science Liabilities and (iii) the SpecCo Group owning and operating the Specialty Products Business and the Specialty Products Assets and assuming the Specialty Products Liabilities, in each case, clauses (i)–(iii), as described in the Steps Plan.
Internal Reorganization is defined in the Separation and Distribution Agreement.
Internal Reorganization means all of the transactions, other than the Distribution, described in the document entitled “Detailed Transaction Steps” delivered by Remainco to New News Corporation.
Internal Reorganization means the reorganization of the Trust's subsidiaries effective January 1, 2008, whereby all of the oil and natural gas assets and liabilities of the PEDC entities were transferred to the Peyto Partnership;
Internal Reorganization means the steps in the Plan of Reorganization (as defined in the Separation Agreement), other than the Contribution and the Distribution.