Salient Terms of the Internal Restructuring Sample Clauses

Salient Terms of the Internal Restructuring. The Transfer Assets will be transferred to the New Swiber Group on the terms and subject to the conditions of such agreements to be finalized between the Company and Seaspan in due course. The Company will make the required announcements relating to the Internal Restructuring in due course in accordance with the requirements of the Listing Manual. As at the date of this announcement, the Secured Transfer Assets are secured in favour of certain of the Company’s secured creditors (the “RCB Secured Creditors”) in respect of such RCB Secured Creditors’ existing debt in the Company. In connection with the transfer of the Secured Transfer Assets to the New Swiber Group and the issuance of the RCBs to the RCB Secured Creditors pursuant to the Debt Restructuring, it is contemplated that immediately following Initial Closing, the Secured Transfer Assets will secure the RCBs.
Sample 1
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Related to Salient Terms of the Internal Restructuring

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  • Governance and Anticorruption 14. The Borrower, the Project Executing Agency, and the implementing agencies shall (a) comply with ADB’s Anticorruption Policy (1998, as amended to date) and acknowledge that ADB reserves the right to investigate directly, or through its agents, any alleged corrupt, fraudulent, collusive or coercive practice relating to the Project; and

  • Rights Protection Mechanisms and Abuse Mitigation ­‐ Registry Operator commits to implementing and performing the following protections for the TLD:

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Project Monitoring Reporting and Evaluation The Recipient shall furnish to the Association each Project Report not later than forty-five (45) days after the end of each calendar semester, covering the calendar semester.

  • Implementation Program 1. The Borrower shall:

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