New Operating Company definition

New Operating Company means a corporation or other Person to be created pursuant to the terms of this Plan or, in the discretion of Kmart’s board of directors after consultation with the Creditors’ Committees and the Plan Investors, a Reorganized Debtor, to be wholly-owned, directly or indirectly, by New Holding Company.
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New Operating Company means any Subsidiary of Ensign, a Holding Company or a Borrower that is created or acquired after the Closing Date in accordance with this Agreement and operates a facility, any other skilled nursing or ancillary skilled nursing facility which is expected to generate or generates Accounts (excluding any Subsidiary which is a real property holding company or operates an assisted living facility).
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New Operating Company means a newly-incorporated, wholly-owned subsidiary of New Parent Company, as described in Section 6.5 of the Plan.
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Examples of New Operating Company in a sentence

  • The New Operating Companies hereby join the Loan Agreement (as amended by this Amendment) each as a Borrower thereunder and agree to be bound by all of the terms thereof, and shall be as if New Operating Company were an original signatory thereto.

  • Perhaps most importantly, Kmart will take all steps necessary to form New Holding Company and New Operating Company pursuant to their respective certificates of incorporation and by-laws.242 Secondly, contribute and transfer all assets of Kmart, other than qualified real estate and trust assets to entities contemplated by the restructuring transactions.

  • Finally, issue all of the New Operating Company common stock to New Holding Company.243 241Disclosure Statement with Respect to First Amended Joint Plan of Reorganization of Kmart Corporation and its Affiliated Debtors and Debtors-in-Possession at 68, In re Kmart Corporation, et al., Ch. 11 Case No. 02-02474 (BRL) (Bankr.

  • STN 50 498, STN 50 499 Subject: License Amendment Application Reference: Order Approving the Formation of a New Operating Company dated April 8,1997 By Order dated April 8,1997, the Nuclear Regulatory Commission (NRC) consented to the transfer from flouston Lighting & Power Company (IIL&P) to a new operating company, to be called STP Nuclear Operating Company (STPNOC), of operating authority under licenses number NPF-76 and NPF-80.

  • New Operating Company Distributing has formed a new corporation, Sub 17.


More Definitions of New Operating Company

New Operating Company has the meaning set forth in the Plan.
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New Operating Company means the newly-formed Wholly-Owned Subsidiary of United Industries Corporation, participating in the Asset Drop-Down, which becomes the "Company" hereunder pursuant to the Asset Drop-Down. "Non-Payment Event of Default" means any event (other than a Payment Default) the occurrence of which entitles (or, in the case of any of the events described in clause (vii) of Section 6.01, with the passage of time would entitle) one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.
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New Operating Company means the newly-formed Wholly-Owned Subsidiary of United Industries Corporation, which becomes the "Issuer" hereunder pursuant to the Asset Drop-Down.
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New Operating Company means a corporation to be created pursuant to the terms of the Plan to be wholly-owned by New Holding Company.
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New Operating Company means a corporation or other Person to be created pursuant to the terms of this Plan or, in the sole and absolute discretion of Kmart's board of directors, a Reorganized Debtor, to be wholly-owned, directly or indirectly, by New Holding Company.
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Related to New Operating Company

  • Operating Company has the meaning set forth in the preamble.

  • Operating Companies means, collectively, the Creekside Operating Company, the Mentone Operating Company and the Yucaipa Operating Company. “Operating Company” means any of the Operating Companies.

  • Generating Company means any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person, which owns or operates or maintains a generating station;

  • 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.

  • Operating Partnership has the meaning set forth in the preamble.

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.

  • existing company means a company formed and registered under any of the previous companies laws…”

  • GP means Gottbetter & Partners, LLP.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Operating Subsidiaries means, collectively, the Corporation and HST, each a wholly-owned subsidiary of the Trust, and "Operating Subsidiary" means either of the Corporation or HST, as applicable.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Partnership Group Member means any member of the Partnership Group.

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • 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 GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • 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:

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.

  • Keystone means Keystone Underwriting Pty Ltd ABN 78 601 944 763 as Corporate Authorised Representative (No. 000468712) of Keystone Underwriting Australia Pty Ltd ABN 59 634 715 674 AFSL 518224 which is acting on behalf of Underwriters.

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

  • Company has the meaning set forth in the Preamble.

  • Railway Operation means the construction and operation under this Agreement of the relevant Railway and associated access roads and Additional Infrastructure (if any) within the relevant Railway Corridor and of the associated Lateral Access Roads, in accordance with approved proposals;

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

  • Resulting Company means a domestic stock company created

  • Partnership has the meaning set forth in the Preamble.