Capital Restructuring definition

Capital Restructuring shall have the meaning set forth in the Recitals hereto.

Capital Restructuring has the meaning set forth in Section 2.1(c).

Capital Restructuring means any form of restructuring by the Company of its share capital including consolidation, sub-division or splitting of its shares or issue of any rights shares, bonus shares or issue of shares pursuant to any scheme of arrangement, including merger, amalgamation, or de-merger or any classification of shares or variation of rights into other kinds of securities.

Examples of Capital Restructuring in a sentence

• All cash dividends or other cash distributions, other than the Capital Restructuring Dividend, paid by the Company on shares of Company Stock.

• In accordance with the CPSE Capital Restructuring Guidelines, our Company is required to pay a minimum annual dividend of 30% of its profit after tax or 5% of its net worth, whichever is higher, unless an exemption is provided in accordance with this guideline.

• However, an exemption from paying dividends may be granted by the DIPAM in accordance with the CPSE Capital Restructuring Guidelines, upon application to its Administrative Department to those CPSEs fulfilling certain criteria including having a high financial gearing (leverage ratio).

• The amount of the Capital Restructuring Dividend paid by the Company on that number of shares of Company Stock which is equal to the number of Share Units then credited to a Participant’s Account.

• Accordingly, our Company had written a letter dated September 20, 2017 to the MoR seeking exemption from the CPSE Capital Restructuring Guidelines and requesting the MoR to refer this exemption to DIPAM.

More Definitions of Capital Restructuring

Capital Restructuring means the transactions occurring immediately prior to the Effective Time, where

Capital Restructuring means (i) the repayment in full of all of the obligations of Borrower under, and the termination of, the Existing Credit Agreement, (ii) the Existing Note Redemption, (iii) the issuance of $125,000,000 aggregate principal amount of the New Notes pursuant to the New Notes Documents, (iv) the satisfaction (or waiver) of all conditions precedent 3 to the making of advances under the Revolving Credit Facility and (v) the consummation of the transactions contemplated by the Grey Wolf Credit Facility Documents.

Capital Restructuring means: (i) the paying up of the outstanding amount of EUR 8,000,000 of the Company’s share capital through a payment in cash; and (ii) the subsequent capital increase in cash of EUR 4,000,000 of the Company’s share capital;

Capital Restructuring means any form of restructuring of the Company’s share capital including not limited to the matters set out in Paragraph 3 of Part A of Schedule 5.

Capital Restructuring means the restructuring of the Borrower's payment and other obligations under this Agreement and appropriate modifications to the other Financing Documents, such that the Borrower will reasonably be expected to satisfy all of its payment obligations thereunder and no Default will reasonably be foreseeable at the time of such restructuring, which restructuring shall be pursuant to terms and conditions acceptable to each Bank and to each of the other parties thereto.

Capital Restructuring has the meaning set forth in the introduction.

Capital Restructuring means those actions taken in connection with (i) the distribution of substantially all the assets of ACT Group, Inc. to the shareholders of ACT Group, Inc. (such distribution hereinafter referred to as the “Group Liquidation”), and (ii) the reincorporation of the Company in Delaware effected pursuant to (A) a merger (the “Parent Merger”) by the Company with and into a newly formed Delaware corporation (the surviving corporation hereinafter referred to as the “Surviving Corporation”), and (B) the related merger and consolidation (the “Roll-Up Merger”) of Advanced Cell, Inc., a Delaware corporation and wholly-owned subsidiary of the Company, with and into the Surviving Corporation (the Parent Merger and the Roll-up Merger are hereinafter collectively referred to as the “Reincorporation”).