New CEC definition

New CEC means the combined CEC and CAC after consummation of the transactions contemplated by the Merger Agreement.
New CEC means CEC, giving effect to the merger of CAC with and into CEC pursuant to, and the consummation of the other transactions contemplated by, the Merger Agreement.
New CEC means CEC, giving effect to the merger of CAC with and into CEC pursuant to, and the

Examples of New CEC in a sentence

  • If such Holders have other Claims that would entitle them to elect to participate in the New CEC Equity Buyback, they will separately receive election forms for use with respect to such Claims.

  • The green line represents total emissions, i.e. aggregate emissions from the stationary and mobile sectors.

  • After the conclusion of the Election Period, Allowed Prepetition Credit Agreement Claims as to which the PropCo Equity Election has been exercised and/or as to which the Holder has elected to participate in the New CEC Common Equity Buyback cannot be transferred, except as described in the following sentence.

  • On the Effective Date of the Plan, New CEC will use at least $1,000,000,000 of the CIE Equity Buyback Proceeds (the “Initial Buyback Amount”) to repurchase New CEC Common Equity at $6.84 per share (the “Buyback Purchase Price”).

  • New CEC will first use the Initial Buyback Amount to repurchase New CEC Common Equity from Holders of Allowed Second Lien Notes Claims, Allowed Senior Unsecured Notes Claims, Allowed Disputed Unsecured Claims, Allowed Undisputed Unsecured Claims, and Allowed Insurance Covered Unsecured Claims (collectively, the “Initial Buyback Participants”), who elect on their respective Election Forms to sell such Holders’ shares of New CEC Common Equity.

  • Holders of Allowed Subsidiary Guaranteed Notes Claims may use the Election Forms to elect to participate in the New CEC Equity Buyback with respect to such Claims, to the extent provided in this Step Four.

  • Any amounts remaining in the Unsecured Claims Buyback Reserve after giving effect to all outstanding Disputed Unsecured Claims and Insurance Unsecured Claims who have timely exercised their Buyback Rights in accordance with these Buyback Election Procedures shall be released to New CEC.

  • Under Article III.B of the Plan, each Holder of an Allowed Prepetition Credit Agreement Claim, Allowed Secured First Lien Notes Claim, Allowed Second Lien Notes Claim, Allowed Subsidiary Guaranteed Notes Claim, Allowed Senior Unsecured Notes Claim, Allowed Disputed Unsecured Claim, Allowed Undisputed Unsecured Claim, or Allowed Insurance Covered Unsecured Claim will receive at least a portion of its recovery in the form of New CEC Common Equity.

  • In the event that the aggregate amount of New CEC Common Equity that the Initial Buyback Participants elect to sell exceeds the Initial Buyback Amount, then such repurchase shall be pro rata based on the quantum of New CEC Common Equity such Initial Buyback Participants elected to sell pursuant to their respective Election Forms.

  • The net position of the School as of June 30, 2022 was $(43,118).

Related to New CEC

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

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Borrower or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Borrower or any of its Subsidiaries.

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Per Unit Purchase Price equals $7.05, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • DPWH means the Department of Public Works and Highways of the Government of the Philippines.

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Holdco has the meaning set forth in the Preamble.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Earnout Consideration has the meaning set forth in Section 2.6 below.

  • Reorganized means, with respect to the Debtors, any Debtor or any successor thereto, by merger, consolidation or otherwise, on or after the Effective Date.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • New value means (i) money, (ii) money's worth in property, services, or new credit, or (iii) release by a transferee of an interest in property previously transferred to the transferee. The term does not include an obligation substituted for another obligation.

  • AGL means Atlanta Gas Light Company.

  • Non-Cash Consideration means consideration in a form other than cash.

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Earn-Out Consideration is defined in Section 2.5(c).

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • NAAC means the National Academic and Accreditation Council established by the Commission under section 12(ccc) of the Act;

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;