Reorganized Entity definition

Reorganized Entity is defined in Section 5.1. ------------------
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Reorganized Entity means a Delaware corporation incorporated by the Parent and LTN Staffing in connection with a Proposed LTN Reorganization and/or a Proposed Registered Offering.
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Reorganized Entity means each of the Debtors from and after the Effective Date.
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Examples of Reorganized Entity in a sentence

  • During the Employment Period, Executive shall devote substantially all of his business time, attention and effort to the affairs of the Companies or the Reorganized Entity and shall use his reasonable best efforts to promote the best interests of the Companies or the Reorganized Entity.

  • BG shall assume responsibility for, and shall bear and pay, all state sales and use Taxes (including any applicable interest or penalties) incurred or imposed with respect to the transfer of Assets to a Reorganized Entity to the extent of its ownership interests in such Reorganized Entity after completing the transactions described in this Agreement.

  • The Companies or the --------------------------------------- Reorganized Entity, as applicable, shall maintain directors' and officers' liability insurance for Executive while employed, and for a six (6) year period following Termination of Employment at a level equivalent to the most favorable and protective coverage for any active officer or director of the Companies or the Reorganized Entity, as applicable.

  • Any Gross-Up Payment, as determined pursuant to this Section 6.4, shall be paid by the Debtor or the Reorganized Entity to Executive within five (5) business days of the receipt of the Accounting Firm's determination.

  • During the Employment Period, and excluding any periods of disability, vacation, or sick leave to which Executive is entitled, Executive agrees to devote his full attention and time to the business and affairs of the Companies or the Reorganized Entity.

  • The Accounting Firm --------------- shall provide detailed supporting calculations both to the Debtor or the Reorganized Entity and Executive within fifteen (15) business days of the receipt of notice from Executive that there has been a Payment or such earlier time as is requested by the Debtor or the Reorganized Entity.

  • In addition, to the extent that the Reorganized Entity is comprised of more than one entity, the obligations of the Reorganized Entity to Executive under this Agreement shall be joint and several.

  • The Debtor or the Reorganized Entity, as ------------------- applicable, shall give Executive a reasonable opportunity to review and comment on any public announcement relating to this Agreement or Executive's employment by the Debtor or the Reorganized Entity, as applicable.

  • Any claim which the Debtor or the Reorganized Entity, as applicable, may have against Executive, whether for a breach of this Agreement or otherwise, shall be brought in a separate action or proceeding and not as part of any action or proceeding brought by Executive to enforce any rights against the Debtor or the Reorganized Entity, as applicable, under this Agreement.

  • If Executive dies prior to receiving all of the ----------- amounts payable to him in accordance with the terms and conditions of this Agreement, such amounts shall be paid to the beneficiary ("Beneficiary") ----------- designated by Executive in writing to the Debtor or the Reorganized Entity, as applicable, during his lifetime, or if no such Beneficiary is designated, to Executive's estate.

Related to Reorganized Entity

  • Reorganized Company means the domestic stock company into which a mutual company has been converted, converted and merged, or converted and consolidated.

  • Reorganized means, when used in reference to a particular Debtor, such Debtor on and after the Effective Date.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

  • Reorganized Debtors means, subject to the Restructuring Transactions, the Debtors as reorganized pursuant to this Plan on or after the Effective Date, and their respective successors.

  • Converted entity means the converting entity as it continues in existence after a conversion.