New Charter definition

New Charter means the new holding company that will be formed when CCH I, a current indirect subsidiary of Charter, is reorganized to be a direct subsidiary of Charter and then forms a new subsidiary that will merge with Charter through a tax-free reorganization to become the new holding company.

New Charter means the ultimate parent company of the affiliated group resulting from the merger between Time Warner Cable Inc. and Charter Communications, Inc. Furthermore, your employment shall be deemed to have been terminated for Good Reason if, during the Charter Change in Control Protection Period and without your consent, (A) your Base Salary is reduced from your Base Salary in effect immediately before the reduction, (B) the sum of your Base Salary, Target Bonus, and target grant value of long-term incentive compensation pursuant to Sections 3.1, 3.2, and 3.3 is reduced from such sum in effect immediately before the reduction (for this purpose, the 2015, 2016, and 2017 accelerated RSU grants are taken into account as long-term incentive compensation granted in 2015, 2016, and 2017 respectively), or (C) your Target Bonus is substituted with long-term incentive compensation such that it reduces your Target Bonus by more than half of your Target Bonus in effect immediately prior to the Effective Time. Your employment will not be deemed to have been terminated for Good Reason in accordance with the foregoing sentence unless you provide the Company or New Charter with written notice of the circumstances giving rise to Good Reason within ninety (90) days of their occurrence, and the Company or New Charter shall have thirty (30) days from receipt of such notice to cure. If New Charter does not cure such circumstances, you must terminate employment as of the expiration of the cure period in order to resign for Good Reason. The target grant value of long-term incentive compensation will be determined in a manner consistent with the methodology used by the Company for purposes of Section 3.3 of the Agreement immediately before the Effective Time.”

New Charter has the meaning set forth in the recitals to this Agreement.

Examples of New Charter in a sentence

• This Agreement is binding on the parties and their successors and assigns, whether voluntary or involuntary, and including specifically, on New Charter.

• The Company, New Charter and Parent shall use their reasonable best efforts to cause the Registration Statement to become effective under the 1933 Act as soon after such filing as practicable and to keep the Registration Statement effec- tive as long as is necessary to consummate the Merger.

• Price and Payment With effect from the date of the New Charter Agreement, the Charter price will be reduced from USD 15,000 per day (Existing Charter Agreement) to USD 10,067 per day (New Charter Agreement).

• This Agreement is not meant to relieve Franchisee, Charter or New Charter (or any of their affiliates) of any obligations that may be imposed upon them in connection with the disposition of the Application, or in connection with any other proceeding related to the Transaction, and will not serve to limit the applicability of any condition or benefit that would otherwise apply within the City.

• Provided the opinion conditions contained in Sections 9.02(b) and 9.03(b) have been satisfied, each of Parent, New Charter and the Company shall report the Mer- gers consistent with the Intended Tax Treatment.

More Definitions of New Charter

New Charter means the charter of the Company specifying the Buyers as the owner of the Participation Interests in the charter fund of the Company substantially in the form of Schedule 5;

New Charter means the new holding company that will be formed when CCH I, a current indirect subsidiary of CCI, is reorganized to be a direct subsidiary of CCI and then forms a new subsidiary that will merge with CCI through a tax-free reorganization to become the new holding company.

New Charter means the amended and restated Certificate of Incorporation of the Company in the form attached hereto as Annex C.

New Charter has the meaning given in Section 3.4(a).

New Charter means the successor entity to CCH I, which successor entity shall become the new public company parent following the completion of the Acquisition Transactions.

New Charter has the meaning set forth in the preamble to this Agreement.

New Charter means the Amended and Restated Certificate of Incorporation in the form and substance of Exhibit B annexed hereto.