Reorganized HoldCo definition

Reorganized HoldCo means either (a) Charming Charlie Holdings Inc., or any successor thereto as reorganized pursuant to and under the Plan, or (b) a new corporation or limited liability company that may be formed or caused to be formed by the Debtors (with the consent of the Requisite First Lien Lenders) to, among other things, directly or indirectly acquire substantially all of the assets and/or stock of the Debtors and issue the New Equity to be distributed or sold pursuant to the Plan.

Reorganized HoldCo means Lakeland Holdings, LLC, as reorganized pursuant to and under the Restructuring Transactions or any successor thereto.

Reorganized HoldCo means Holdco after the Effective Date.

Examples of Reorganized HoldCo in a sentence

• Whenever any distribution of fractional shares or units of the Reorganized Holdco Interests would otherwise be required pursuant to the Plan, the actual distribution shall reflect a rounding of such fraction to the nearest share (up or down), with half shares or less being rounded down.

• To the extent Reinstated under the Plan, distributions on account of Intercompany Interests are not being received by holders of such Intercompany Interests on account of their Intercompany Interests but for the purposes of administrative convenience, for the ultimate benefit of the holders of Reorganized Holdco Interests, and in exchange for the Debtors’ and Reorganized Debtors’ agreement under the Plan to make certain distributions to the holders of Allowed Claims.

• Any distribution under the Plan that is an Unclaimed Distribution for a period of six months after distribution shall be deemed unclaimed property under section 347(b) of the Bankruptcy Code and such Unclaimed Distribution shall revest in the applicable Reorganized Debtor and, to the extent such Unclaimed Distribution is Reorganized Holdco Interests, shall be deemed cancelled.

• Reorganized Holdco will be a Delaware corporation managed by a board of directors (the “Board”), which will be responsible for overseeing the operation of Reorganized Holdco’s business.

• On the Effective Date, the Reorganized Holdco Board will consist of 6 members.

More Definitions of Reorganized HoldCo

Reorganized HoldCo means either (a) VER Technologies HoldCo LLC, or any successor thereto as reorganized pursuant to and under the Plan, or (b) a new corporation or limited liability company that may be formed or caused to be formed by the Debtors, with the consent of Requisite Consenting Prepetition Term Loan Lenders and PRG, in each case not to be unreasonably withheld, conditioned, or delayed, to, among other things, directly or indirectly acquire substantially all of the assets and/or stock of the Debtors and issue the New Units to be distributed or sold pursuant to the Plan.

Reorganized HoldCo means, collectively, Reorganized Holdings and Reorganized Holdings GP.

Reorganized HoldCo means HoldCo, or any successors thereto, by merger, consolidation, or otherwise, on and after the Effective Date, pursuant to the Plan.

Reorganized HoldCo means HoldCo, or any successors thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

Reorganized HoldCo means HoldCo as reorganized, pursuant to and under the Plan, on the Effective Date.

Reorganized HoldCo means Lakeland Holdings, LLC, as reorganized pursuant to and under the Restructuring Transactions or any successor thereto, or such other entity type as determined by the Company.

Reorganized HoldCo means AGI Holdco, as reorganized pursuant to and under the Plan, or any successor thereto, by merger, consolidation, or otherwise, on or after the Effective Date.