Debt Restructuring Agreement definition

Debt Restructuring Agreement means the Debt Restructuring Agreement entered into on or about the date hereof among the Borrower, the Lender and the Parent for the purpose of restructuring and assigning existing shareholder debt owed by the Borrower.
Debt Restructuring Agreement has the meaning ascribed thereto in Recital D.
Debt Restructuring Agreement means the Debt Restructuring Agreement entered into on or about the date hereof among the Borrower, the Lender and Preem Petroleum for the purpose of restructuring and assigning existing shareholder debt owed by Preem Petroleum.

Examples of Debt Restructuring Agreement in a sentence

  • During 2016, all of the then holders of promissory convertible notes participated in the Debt Restructuring Agreement except for the one holder of the Outstanding Note of $3,000,000.

  • The extent to which the project will mitigate unemployment in the State and locality.

  • On 10 March 2006, the Board of Directors of AHB announced that AHB and its wholly-owned subsidiary, AHB Technology Sdn Bhd (collectively “the Company”) had engaged KPMG Financial Services Sdn Bhd (“KPMG”) as financial advisors to propose a voluntary debt restructuring scheme (“VDR”) to all termed-out lenders for acceptance in relation to the Supplementary Debt Restructuring Agreement dated 17 August 2001 (“SDRA”).

  • The bank will reduce surplus $1.0 million through cash contributions to the bank holding company, Fishback Financial Corporation (FFC).

  • However, on 28 March 2002, the above company entered into the Amendment Agreement (No. 2) relating to the Debt Restructuring Agreement with the group of creditors, and on the same day the Company entered into the Assignment Agreement (relating to Tranche 2 Debts under the Debt Restructuring Agreement) of Fuel Pipeline Transportation Limited with that company’s creditors to purchase the rights of claim over debt amounting to Baht 415 million from that company’s group of creditors.


More Definitions of Debt Restructuring Agreement

Debt Restructuring Agreement means the debt restructuring agreement to be entered at or prior to Closing by and among Roomlinx, SP and Cenfin, the terms of which are attached hereto as Exhibit D.
Debt Restructuring Agreement means an agreement between SMTC Canada, HTM Holdings Inc., SMTC, Xxxxxx Commercial Paper Inc., The Bank of Nova Scotia, General Electric Capital Corporation, IBM Credit Corporation, Silver Point Capital L.P., Royal Bank of Canada, Comerica Bank, AMMC CDO I Limited and AMMC CDO II Limited dated February 17, 2004 with respect to the financial restructuring of SMTC Canada and SMTC;
Debt Restructuring Agreement shall have the meaning ascribed to it in Section 4.2.1(d)
Debt Restructuring Agreement means the Agreement, dated the date hereof, between the Company and CommScope, involving, among other things, the Indebtedness evidenced by the Note.
Debt Restructuring Agreement shall have the meaning set forth in Section 2.3 hereof. "Distribution" shall mean a transfer of cash or property by the Company to a Member on account of Units as described in Article VI hereof. "Guaranty" shall have the meaning set forth in Section 2.3 hereof. "Indemnified Person" and "Indemnified Persons" shall have the meanings set forth in Section 12.2 hereof. "Initial Members" shall mean those Persons who have executed this Agreement as Members as of the Effective Date. "Losses" shall mean, for each Taxable Year, an amount equal to the Company's taxable loss for such Taxable Year, determined in accordance with Code Section 703(a). "Majority of Members" shall mean Members owning a majority of the issued and outstanding Units. "Manager" shall mean each Person elected by the Members as a Manager pursuant to Section 4.1(b) hereof. A Manager need not be a Member. "Member" shall mean an Initial Member, Substitute Member or Additional Member, as the case may be; and "Members" shall mean the Initial Members, Substitute Members and Additional Members, collectively. "Permitted Transfer" shall have the meaning set forth in Section 8.1 hereof. "Permitted Transferee" shall mean, with respect to any Member, (i) an Affiliate of such Member, (ii) a spouse, child or other descendant of such Member or a trust for the benefit thereof, (iii) upon the death of such Member, such Member's personal representative, executor, administrator, testamentary trustees, legatees or beneficiaries, (iv) any holder of indebtedness of or an equity interest in Sneaker immediately prior to the closing of the acquisition of Sneaker by the Corporation or (v) any other Member. "Person" shall mean an individual, trust, estate, corporation, partnership, limited liability company or any other incorporated or unincorporated entity permitted to be a member of a limited liability company under the Act. "Pledge and Security Agreement" shall have the meaning set forth in Section 2.3 hereof. "Profits" shall mean, for each Taxable Year, an amount equal to the Company's taxable income for such Taxable Year, determined in accordance with Code Section 703(a). "Purchase Agreement" shall have the meaning set forth in Section 2.3 hereof. "Registration Rights Agreement" shall have the meaning set forth in Section 2.3 hereof. "Regulations" shall mean, except where the context indicates otherwise, the permanent and temporary regulations of the Department of the Treasury promulgated under the Code, as such regul...
Debt Restructuring Agreement means the debt restructuring agreement dated March 21, 2022 made between Western and AIMCo. "Demand Prospectus" has the meaning ascribed to it on page 34.
Debt Restructuring Agreement shall have the meaning set forth in the Recitals.