Examples of BR Practitioner in a sentence
In order to minimise the operating expenses of the Company, the BR Practitioner continues to: ▪ monitor the cash flow and financial position; ▪ control payments; and ▪ enforce general controls.
The adjustment to the BR Practitioner, which will be based on the difference between the proposed charge out rate and the tariff rates, will only be payable on Substantial Implementation Date.
In order to minimise the operating expenses of the Company, the BR Practitioner continues to: § monitor the cash flow and financial position; § control payments; and § enforce general controls.
Creditors who, for whatever reason, do not submit their claims to the BR Practitioner within 60 days after the BR Plan Adoption Date of Monday 23 January 2023, will be deemed to have abandoned their claim/s and their right to participate in any distribution under this BR Plan and shall have no further Claims against the Company.
An analysis of these two issues along with an inventory of the public participation issues in the Caribbean area, provide a good inventory of issues on which to draw conclusions on public participation in small developing states.
In terms of section 140(1)(a) of the Act, the BR Practitioner took over full management control of the Company in substitution for its board and pre-existing management, but as he was entitled to do, the BR Practitioner delegated certain functions to pre-existing senior management of the Company.
In terms of section 140(1)(a) of the Act, the BR Practitioner took over full management control of the Company in substitution for its board and pre- existing management, but as he was entitled to do, the BR Practitioner delegated certain functions to some of the Directors who are part of the Board and pre-existing senior management of the Company.
Any contracts considered to be onerous to the Company have been or will be renegotiated or cancelled either by (i) agreement between the parties thereto and the BR Practitioner and, (ii) failing agreement, the BR Practitioner will apply to court to cancel all the Company’s’ obligations under such Contracts.
To resolve the impasse, the BR Practitioner has engaged with Sheerprops, through its attorneys, and has agreed to certain terms that were proposed by Sheerprops, subject to the approval of this BR Plan, the result of which would be a conclusion of a three year lease agreement.
The BR Practitioner negotiated and concluded a shareholder’s loan from the NEF for an amount of R2 million, as bridging finance until the Dti pays the approved grant of a similar amount.