Reorganized Comdisco definition

Reorganized Comdisco means under the Newco Structure, unless another structure is reasonably agreed upon by the Debtors and the Creditors' Committee as set forth in Section 7.1 of the Plan, a corporation organized under the laws of Delaware or under such other law as determined by the Debtors, the stock of which will be issued to holders of Allowed General Unsecured Claims in Class C-4 as part of the Plan consideration to be received by such holders.
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Examples of Reorganized Comdisco in a sentence

  • The Creditors' Committee, and/or the new board of Reorganized Comdisco, may elect whether to create a Trust Advisory Board.

  • The board of directors of the remaining Reorganized Debtors, or any new subsidiary of Reorganized Comdisco formed pursuant to the Restructuring Transactions, shall consist of directors as determined by Reorganized Comdisco on the Effective Date or thereafter.

  • Any SIP Participant employed by Reorganized Comdisco as of the Petition Date, other than an employee terminated for cause or who voluntarily resigned prior to July 31, 2002, is eligible for an additional 20% reduction of the applicable SIP Subrogation Claim, subject to the same terms described in paragraph (a) above, except that only 60% of the SIP Subrogation Claim must be repaid.

  • Reorganized Comdisco shall have executed the New Senior Notes and the New PIK Notes.

  • On the Effective Date Reorganized Comdisco shall transfer all assets and stock of the Comdisco Debtors relating to the leasing business to the New Leasing Company and all of the stock of the Non-Debtor foreign subsidiaries to New Europe Holding Company.

  • As part of the Restructuring Transactions, Reorganized Comdisco shall form two new, wholly-owned direct subsidiaries, New Leasing Company and New Europe Holding Company.

  • In addition, Reorganized Comdisco shall form New Ventures Company, a direct wholly- owned subsidiary of New Leasing Company and shall transfer to New Ventures Company all assets of the Comdisco Debtors related to the Ventures business.

  • The initial board of directors of Reorganized Comdisco shall consist of five (5) directors.

  • Reorganized Comdisco board members shall serve for an initial two (2) year term commencing on the Effective Date.

  • Until the first annual meeting of shareholders of Reorganized Comdisco after the Effective Date, any vacancy in the directorship originally (i) selected by the Creditors' Committee shall be filled by a person designated by such director as a replacement to serve out the remainder of the applicable term; and (ii) selected by the Chief Executive Officer, shall be filled by a person designated by the Chief Executive Officer to serve out the remainder of the applicable term.

Related to Reorganized Comdisco

  • Reorganized Company means the Company, as reorganized as of the Effective Date in accordance with the Reorganization Plan.

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

  • Reorganized Debtors means collectively, a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date, including any new entity established in connection with the implementation of the Restructuring Transactions.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, reorganization, or otherwise, in the form of a corporation, limited liability company, partnership, or other form, as the case may be, on and after the Effective Date.

  • Reorganization Plan means a plan of reorganization in any of the Cases.

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

  • CEC means the California Energy Commission or its successor agency.

  • Effective Time has the meaning set forth in Section 2.2.

  • UCA means Utah State Code Annotated 1953 as amended.

  • Pre-Closing Restructuring has the meaning specified in Section 6.14(a).

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Subsidiary Debtors means, collectively, Congoleum Sales, Inc. and Congoleum Fiscal, Inc.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • ITC (this Section2 of the RFP) means the Instructions to Consultants that provides the Consultants with all information needed to prepare their Proposals.

  • SpinCo Designees means any and all entities (including corporations, general or limited partnerships, trusts, joint ventures, unincorporated organizations, limited liability entities or other entities) designated by Parent that will be members of the SpinCo Group as of immediately prior to the Effective Time.

  • Common parent, as used in this provision, means that corporate entity that owns or controls an affiliated group

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Stock Plans shall have the meaning set forth in Section 3.7.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • IAC means IAC/InterActiveCorp, a Delaware corporation.