New CarCo definition

New CarCo. New CarCo Acquisition LLC, a Delaware limited liability company.
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New CarCo. Auto Acquisition Corp., a Delaware corporation. “New GM Entities”: New CarCo and its subsidiaries.
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New CarCo. General Motors Company (formerly known as NGMCO, Inc.), a Delaware corporation and successor-in-interest to Vehicle Acquisition Holdings, LLC.
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Examples of New CarCo in a sentence

  • Chrysler will transfer the majority of its operating assets to New CarCo Acquisition LLC (" New Chrysler"), a newly established Delaware limited liability company that currently is an indirect wholly-owned subsidiary of Fiat; and (b) in exchange for those assets, New Chrysler will assume certain liabilities of Chrysler and pay to Chrysler $2 billion in cash (collectively with the other transactions contemplated by the Purchase Agreement, the "Fiat Transaction").

  • Chrysler, LLC77 (the “English Case”) that was approved by the District Court for the Eastern District of Michigan on July 31, 2008 and provided for Chrysler to make certain deposits and remittances to the newly established VEBA for the provision of retiree medical benefits.78 After Old CarCo filed for bankruptcy in 2009, the UAW asserted that Chrysler (i.e., New CarCo) was bound by the MOUs and responsible for providing retiree medical benefits.

  • At the time of filing, this amounted to approximately $5.3 billion.121When, as discussed above, the government indicated that it would support Chrysler’s viability plan,122 Fiat established New CarCo. Acquisition LLC (New Chrysler) under Delaware law.

  • The Borrower and New CarCo shall have executed and delivered the New CarCo Assignment and Assumption, and all conditions precedent to New CarCo’s $7,072,488,605 First Lien Credit Agreement between New CarCo and Treasury shall have been satisfied or waived by the Treasury in accordance with the terms therewith substantially contemporaneously with the conditions precedent set forth in this Section 4.1.

  • At the outset of their chapter 11 cases, the Debtors focused on an expedited process for the sale of certain assets to FCA (then known as New CarCo Acquisition LLC).

  • The International Union, United Automobile, Aerospace and Agricultural Implement Workers of American (the “UAW”), Fiat S.p.A. (“Fiat”) and New CarCo AcquisitionCompany (“Purchaser” or “New Chrysler”), and the Official Committee of Unsecured Creditors filed joinders in the Motion to Certify the Sale Order for Immediate Appeal to the United States Court of Appeals on June 1.

  • Gonzalez, Bankruptcy Judge, dated June 1, 2009 (the “Sale Order”), authorizing the sale of substantially all of the debtor’s assets to New CarCo Acquisition LLC (“New Chrysler”).

  • New Chrysler (formally: New CarCo Acquisition LLC) then assumed the old company’s debts to the retirees, most dealers, and trade creditors.

  • Counsel for the remaining Respondents, Fiat S.p.A. and New CarCo Acquisition LLC, the Official Committee of Unsecured Creditors, Export Development of Canada, the Ad Hoc Committee of Consumer Victims of Chrysler, and Patricia Pascale, did not respond to requests for consent.

  • On May 3, 2009, Chrysler filed a motion for an order authorizing the sale under 11 U.S.C.§ 363(f) of substantially all of its assets to New CarCo Acquisition LLC (“New Chrysler”).

Related to New CarCo

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • New entrant means a teacher who is not a present teacher.

  • GVWR means gross vehicle weight rating.

  • Comcast means Comcast Corporation, a Pennsylvania corporation.

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

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

  • AMC means Annual Maintenance Contract

  • Verizon means Verizon Communications Inc., a Delaware corporation.

  • Sprint means a set period of time during which specific work is realized and made ready for review.

  • GM means genetically modified.

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • HCP means a Habitat Conservation Plan prepared pursuant to § 10(a)(2)(A) of the ESA (16 U.S.C. § 1539(a)(2)(A)).

  • SHC means Sears Holdings Corporation.

  • Air gap separation means the unobstructed vertical distance through the free atmosphere between the lowest opening from any pipe or faucet supplying water to a tank, plumbing fixture, or other device and the overflow level rim of the receptacle, and shall be at least double the diameter of the supply pipe measured vertically above the flood level rim of the vessel, but in no case less than one inch.

  • CCC means Customer Care Centre

  • Apple means Apple Inc., a California corporation with its principal place of business at Xxx Xxxxx Xxxx Xxx, Xxxxxxxxx, Xxxxxxxxxx 00000, U.S.A.

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

  • Motorola means Motorola, Inc., a Delaware corporation.

  • DPI means the North Carolina Department of Public Instruction.

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

  • AWWA means American Water Works Association;

  • SCI has the meaning set forth with respect thereto in the preamble. ---

  • Delta means the positive or negative number that is a measure of the change in market value of an option relative to changes in the value of the underlying interest of the option;

  • aepaccmeצc means the department of public health.

  • SPI means the information categories listed at Tex. Bus. & Com. Code § 521.002(a)(2).

  • CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission.