Approved Resolution Plan definition

Approved Resolution Plan means the Resolution Plan submitted by the Successful Resolution Applicant, as recommended by the CoC and approved by the Adjudicating Authority.
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Approved Resolution Plan means the Resolution Plan submitted by Successful ResolutionApplicant(s), approved by Adjudicating Authority and the COC.
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Approved Resolution Plan means the Compliant Resolution Plan submitted by Successful Resolution Applicant and approved by the Adjudicating Authority.
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Examples of Approved Resolution Plan in a sentence

  • In terms of the Approved Resolution Plan, till the date of transfer of control of the Company to the proposed investors, the Company is being managed and controlled by the ERP under the guidance of the Secured Financial Creditors, in close co-ordination with the proposed investors.

  • SPC and/or the Corporate Debtor (as the case may be) shall enter into the relevant Definitive Agreements and shall implement the Approved Resolution Plan.

  • In terms of the Approved Resolution Plan, till the date of transfer of control of the Company to the proposed investors, the Company is being managed and controlled by the RP under the guidance of the Secured Financial Creditors, in close co-ordination with the proposed investors.

  • All the members of the consortium shall be jointly and severally liable in respect of obligations under the RFRP, the Resolution Plan and for the implementation of the Approved Resolution Plan.

  • As per the provisions of the Approved Resolution Plan, the suspended Board of Directors deemed to resign from the Board and a new Board has been formed.

  • The Resolution Applicants acknowledge that the acquisition of shares or assets of the Company, pursuant to implementation of Approved Resolution Plan, shall be subject to the existing pledges and such other security arrangements as considered satisfactory by the CoC.

  • Pursuant to such conversion, the proportionate reduction in Outstanding ARC Debt as per clause 1.2 (xii) of the Approved Resolution Plan is ` 5240.14 crore.

  • During the third quarter of 2014, the number of people in Rayong filed several lawsuits with the Civil Court and the Rayong Provincial Court against the Company to claim the extra compensation from oil spill incident and to perform the rehabilitation of the sea and natural environmental recovery.

  • The Resolution Applicant acknowledges that implementation of Approved Resolution Plan may be subject to approvals including approvals from the CoC and the Adjudicating Authority, other regulatory and statutory approvals and the Resolution Applicant shall, as and when required, submit the necessary applications and obtain approvals prior to the Transfer Date.

  • The Successful Resolution Applicant shall enter into Definitive Agreements ( defined below) as may be directed by the CoC, as required to implement the Approved Resolution Plan.


More Definitions of Approved Resolution Plan

Approved Resolution Plan means the Resolution Plan accepted by the requisite majority of the Committee of Creditors under sub-section (4) of Section 30 of the Insolvency and Bankruptcy Code, 2016 and approved by the Adjudicating Authority under Section 31 of the Insolvency and Bankruptcy Code, 2016.
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Related to Approved Resolution Plan

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • U.S. Special Resolution Regimes has the meaning specified in Section 11.21.

  • U.S. Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Bond Resolution means the resolution to be adopted by the Governing Body prescribing the terms and details of the Bonds and making covenants with respect thereto.

  • Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Board Resolution means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • Technical Proposal means the Contractor’s Technical Proposal dated (Technical Proposal date).