Topco definition
Examples of Topco in a sentence
Therefore, ADVANZ PHARMA shareholders who elect for the Alternative Offer are not expected to receive, after implementation of the Acquisition, such public disclosure documents as are currently filed by ADVANZ PHARMA in Canada, and, save to the extent required by law, only holders of Topco B Shares comprising three per cent.
The New Topco Supervisory Board shall have an audit committee, corporate governance and nominating committee and an organization and compensation committee.
The initial members of the New Topco Supervisory Board shall be disclosed at or before the Confirmation Hearing.
Pursuant to the New Topco Articles of Association in effect upon emergence, New Topco will be authorized to issue up to 1,275,000,000 shares of New Common Stock, which will consist of 1 billion Class A Shares and 275,000,000 Class B Shares.
The current members of the boards of directors of each of the Reorganized Debtors, other than New Topco, shall serve, until replaced, as the initial directors of the Reorganized Debtors on and after the Effective Date.