New Sub definition

New Sub. As defined in the Settlement and Restructuring Agreement.
New Sub means a Nevada limited liability company that is wholly-owned by Seller or one of its Subsidiaries and is formed solely for the purpose of the Pre-Closing Contribution and is disregarded as an entity separate from Seller for U.S. federal and, where applicable, state and local income tax purposes.
New Sub has the meaning set forth in Section 6.18(a).

Examples of New Sub in a sentence

  • Anthony Capaccio, “U.S. Navy’s Deadliest New Sub Is Hobbled over Spare Parts,” Bloomberg, June 21, 2021.

  • Such decision will be published one month before its effectiveness (and, in addition, the publication will contain information in relation to the New Sub- fund), in order to enable the Shareholders to request redemption of their Shares, free of charge, during such period.

  • Currently, switching is only allowed if Units of the Original Sub-Fund and Units of the New Sub- Fund are denominated in the same currency.

  • The index-adjusted high watermark will at all times take into account the Effect of New Sub- scriptions and Effect of Redemptions or Distributions as described below.

  • Anthony Capaccio, “ U.S. Navy’s Deadliest New Sub Is Hobbled over Spare Parts,” Bloomberg, June 21, 2021.

  • If any amount payable by the Contractor to the Employer exceeds the sum payable by the Employer to the Contractor, the Employer may recover the balance of this amount from the sums otherwise payable to the Contractor.Add New Sub Clause:The Employer will not provide any commitment or to commit himself to any third party including the banks to transfer any monies on behalf of the Contractor.

  • Sub 7 will then distribute all of the stock of New Sub 7 to Distributing (the “New Sub 7 Distribution” and together with the New Sub 7 Contribution, the “New Sub 7 Spin-Off”).

  • Client acknowledges that the inability to use a particular New Sub- processor may result in delay in performing the Services, inability to perform the Services or increased fees.

  • The New Sub 7 Spin-Off is not used principally as a device for the distribution of the earnings and profits of Sub 7, New Sub 7 or both.

  • No gain or loss will be recognized by New Sub 7 upon the New Sub 7 Contribution.


More Definitions of New Sub

New Sub is defined in Section 7.2.4.
New Sub has the meaning set forth in SECTION 3.8(i).
New Sub means Unilever International Holding B.V. a private limited liability company incorporated under the laws of the Netherlands by New NV for the purpose of effecting the Dutch Merger registered with the Dutch Trade Register of the Chamber of Commerce under number 71450041 as such company may be renamed from time to time (being the successor entity of the Initial Issuer pursuant to the Dutch Merger); and
New Sub has the meaning ascribed thereto in the preamble to this Agreement.
New Sub as defined in Section 3.6.2(e).

Related to New Sub

  • New Subsidiary means, as of any date of determination, any Person in which the Company after the Subscription Date, directly or indirectly, (i) owns or acquires any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “New Subsidiaries.”

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Additional Guarantor means a company which becomes an Additional Guarantor in accordance with Clause 25 (Changes to the Obligors).

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Original Guarantor means the Persons identified as such in the first paragraph of this Indenture until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter each such successor Person shall be an “Original Guarantor”.

  • Security Joinder Agreement means each Security Joinder Agreement, substantially in the form thereof attached to the Security Agreement, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 7.12.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Subsidiary to Administrative Agent pursuant to Section 6.14.

  • Joinder Supplement An agreement among the Borrower, a Lender and the Administrative Agent in the form of Exhibit H to this Agreement (appropriately completed) delivered in connection with a Person becoming a Lender hereunder after the Closing Date, as contemplated by Section 2.1(c), a copy of which shall be delivered to the Collateral Agent and the Collateral Manager.

  • Notation of Guarantee means a notation, substantially in the form of Exhibit A, executed by a Guarantor and affixed to each Security of any Series to which the Guarantee of such Guarantor under Article XII of this Indenture applies.

  • Additional Grantors shall have the meaning assigned in Section 5.3.

  • Additional Grantor means a Subsidiary of Company that becomes a party hereto after the date hereof as an additional Grantor by executing a Counterpart.

  • E-Signature means the process of attaching to or logically associating with an Electronic Transmission an electronic symbol, encryption, digital signature or process (including the name or an abbreviation of the name of the party transmitting the Electronic Transmission) with the intent to sign, authenticate or accept such Electronic Transmission.

  • Michigan national guard means that term as defined in section 105 of the Michigan military act, 1967 PA 150, MCL 32.505.

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • Execution Venue means the entity with which client orders, assets or securities are placed and/or to which the Company transmits Client’s orders for execution.

  • Signature Guarantee Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee)

  • Subsidiary Joinder Agreement means a joinder to this Agreement, substantially in the form of Exhibit C.

  • Signatory means an individual who authenticates a record and is bound by its terms.

  • Guarantor Joinder Agreement means a guarantor joinder agreement substantially in the form of Exhibit 7.14 delivered by a Domestic Subsidiary of the Borrower pursuant to Section 7.14.

  • Signature means a tangible symbol or an electronic signature that evidences the signing of a record.

  • Guaranty Supplement has the meaning specified in Section 8.05.

  • Witness Signature Witness name: Address: Occupation:

  • Lender Joinder Agreement as defined in Subsection 2.8(c).

  • duly sign means a Declaration Certificate for Local Content that has been signed by the Chief Financial Officer or other legally responsible person nominated in writing by the Chief Executive, or senior member / person with management responsibility(close corporation, partnership or individual).

  • Additional Governors means Governors who may be appointed by the Secretary of State under the Articles of Association.

  • Borrower Joinder Agreement means a Borrower Joinder Agreement substantially in the form of Exhibit B-1.