Examples of UK Newco in a sentence
The Agreed Security Principles embody the recognition by all parties that there may be certain legal and practical difficulties in obtaining effective or commercially reasonable guarantees and security from UK Newco and all members of the Group in which it has been agreed that guarantees and security will be granted by UK Newco (for the avoidance of doubt, UK Newco is not and will not be a Guarantor) and those members.
Section 1.1 of the Purchase Agreement is further amended by deleting the phrase ("U.S. Newco" and, collectively with Dutch Newco and French Newco, the "Subsidiary Purchasers") and replacing it with "("U.S. Newco" and, collectively with U.K. Newco, Dutch Newco and French Newco, the "Subsidiary Purchasers")".
Section 1.1 of the Purchase Agreement is amended by deleting in its entirety clause (a) thereof and replacing it with "(a) the Seller agrees to sell, transfer and assign to a newly formed wholly owned subsidiary of Purchaser to be organized under the laws of England and Wales ("U.K. Newco"), and Purchaser agrees to cause U.K. Newco to purchase, all right, title and interest in and to the Alumax Holdings Shares,".
Concurrently with the Closing, the Company shall contribute such $22,538,100 to UK Newco, pursuant to the terms of the UK Newco Investment Agreement, and UK Newco shall use such contribution to fund the purchase of the Purchased UK Operations.
Concurrently with the Closing, UK Newco, shall purchase the Purchased UK Operations pursuant to the Unipath Purchase Agreement, which shall contain mutually agreeable terms with such provisions as are necessary to comply with applicable Law.