BR Plan definition

BR Plan means this business rescue plan together with all its annexures, prepared and published by the BR Practitioner for consideration and possible adoption by Creditors in accordance with Part D of Chapter 6 of the Act;
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Examples of BR Plan in a sentence

  • Any provision in this BR Plan which is or may become illegal, invalid or unenforceable shall be ineffective to the extent of such prohibition or unenforceability and shall be treated pro non scripto and severed from the balance of this BR Plan, without invalidating the remaining provisions of this BR Plan or affecting the validity or enforceability of such provision in any other jurisdiction.

  • This part sets out, inter alia, what conditions need to be fulfilled in order for the BR Plan to become effective, and to be implemented.

  • The Property Portfolio forming part of the Klopper BR Plan of the HS Companies and the result of the SoA is attached hereto as Annexure 7.1, showing the date of sale and prices achieved during the management of Orthotouch.

  • This chapter sets out certain administrative and general matters pertaining to the Proceedings and the BR Plan.

  • This part describes the terms of the BR Plan and includes, inter alia, the benefits, for Affected Persons, of adopting the BR Plan as opposed to the Company being placed into liquidation.

  • This chapter sets out general information about the BR Plan, including the structure of the BR Plan and with whom Affected Persons should engage for independent advice.

  • This BR Plan was prepared after engagement and consultations with ABIL, in consequence of which the agreement referred to in 3.5.3.8 was concluded.

  • Paragraph 19.1 of the adopted BR Plan provides the company will endeavour to proceed with discussions to further the rights to the “Diepsloot Development” vesting in this entity and that the Receiver for Creditors shall procure that the first R5m form this development accrue to creditors in terms of the BR Plan.

  • Paragraph 19 of the BR Plan provided that the Receiver for Creditors would procure that thecompany’s interest in Esor Uitvlugt be realised.

  • The PSP was initiated in accordance with the approved BR Plan to facilitate the disposal of Rebosis Group assets in order to reduce the overall Rebosis group debt.

Related to BR Plan

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • Prior Plan means the coverage provided on a group or group-type basis by the group insurance policy, benefit plan or service plan that was terminated on the day before the Effective Date of the Plan and replaced by the Plan.

  • Former Plan means any employee benefit plan in respect of which the Customer or a Subsidiary has engaged in a transaction described in Section 4069 or Section 4212(c) of ERISA.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • Thrift Plan means the Financial Institutions Thrift Plan, a qualified and tax-exempt defined contribution plan and trust under Sections 401(a) and 501(a) of the Code, as adopted by the Bank.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Basin plan means the same as “water quality control plan” as defined in Division 7 (commencing with Section 13000) of the Water Code. Basin Plans are adopted by each Regional Water Board, approved by the State Water Board and the Office of Administrative Law, and identify surface water and groundwater bodies within each Region’s boundaries and establish, for each, its respective beneficial uses and water quality objectives. Copies are available from the Regional Water Boards, electronically at each Regional Water Boards website, or at the State Water Board’s Plans and Policies web page (http://www.waterboards.ca.gov/plans_policies/).

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • 401(k) Plan shall have the meaning set forth in Section 6.3(a).

  • Case plan means a written document developed by the PCSA, PCPA or Title IV-E agency and the family which identifies strengths of the family, concerns to be resolved and supportive services to be provided which will result in ensuring permanence for the child.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • SIP means Session Initiation Protocol.

  • Plan 3 means the teachers' retirement system, plan 3

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Supplemental Plan means a written plan for a child outlining the agency's plan to locate a permanent placement for the child and which may be developed concurrently with the case plan.

  • Plan 2 means the teachers' retirement system, plan 2

  • Health benefits plan means a benefits plan which pays or