Final Restructuring Date definition

Final Restructuring Date means the earliest to occur of (A) the date upon which any bankruptcy plan is declared effective and distributions are made with respect to the Buyer’s allowed claim based on the Credit Facility and its allowed interest based on the Shares pursuant to an order of a bankruptcy court, (B) the closing date of any out-of-court restructuring or recapitalization of the Company or any other consensual compromise, amendment, modification or other action affecting the outstanding debt obligations of the Company, including the Credit Facility, (C) the date on which Buyer and its Affiliates (not including the Company and the Subsidiaries) no longer have any interest in the Committed Sums and Principal Debt under the Credit Facility, (D) the date of termination or cancellation (or other repayment or satisfaction) of the Credit Facility and (E) if the Credit Agreement remains in effect and no bankruptcy case or out-of-court restructuring of the Company’s debt obligations has been commenced, January 5, 2006.
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Final Restructuring Date means the time and date on which GE Capital US Holdings and other businesses then conducted by GECC and its subsidiaries become subsidiaries of GE Capital Global Holdings.
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Final Restructuring Date means the earliest to occur of (A) the date upon which any bankruptcy plan is declared effective and distributions are made with respect to the Buyer’s allowed claim based on the Credit Facility and its allowed interest based on the Shares pursuant to an order of a bankruptcy court, (B) the closing date of any out-of-court restructuring or recapitalization of the Company or any other consensual compromise, amendment, modification or other action affecting the outstanding debt obligations of the Company, including the Credit Facility, (C) the date on which
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Examples of Final Restructuring Date in a sentence

  • Any such payment shall be made in cash on the Final Restructuring Date or such later date promptly following the making of a final determination pursuant to the procedures set forth in the definition of “Recovery Value” below and shall be made by wire transfer to an account of Parent with a bank designated by Parent, by notice to Buyer, which notice shall be delivered not later than two business days after Buyer’s written request for such information.

  • In the event that the Restructuring Plan shall not have been completed to the satisfaction of the Company and the Investor Representative by 5:00 p.m. on June 30, 2017 (the “Final Restructuring Date”), unless such Final Restructuring Date shall be extended for up to 30 additional days by mutual consent of the Company and the Investor Representative, all Escrow Proceeds shall be returned to the Investor and other investors who have subscribed to Shares, without interest or deduction.

  • Notwithstanding anything in this Agreement to the contrary, at no time prior to the Final Restructuring Date shall the Selected Subsidiary be permitted, or have the power, to become an employer or to establish employee benefit plans or arrangements.

Related to Final Restructuring Date

  • Restructuring Date means the date on which a Restructuring is legally effective in accordance with the terms of the documentation governing such Restructuring.

  • Pre-Closing Restructuring has the meaning specified in Section 6.14(a).

  • Equity Restructuring means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other securities of the Company) or the share price of Common Stock (or other securities) and causes a change in the per-share value of the Common Stock underlying outstanding Awards.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Internal Restructuring shall have the meaning set forth in Section 7.02(f) of this Agreement.

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Dividend Reinvestment Acquisition means an acquisition of Voting Shares of any class pursuant to a Dividend Reinvestment Plan;

  • Non-Control Acquisition means an acquisition by (i) an employee benefit plan (or a trust forming a part thereof) maintained by (x) the Company or (y) any corporation or other Person of which a majority of its voting power or its equity securities or equity interest is owned directly or indirectly by the Company (a “Subsidiary”), or (ii) the Company or any Subsidiary.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Permitted Restructuring means the completion of: (a) an offer made by, or on behalf of, an Eligible Company to all (or as nearly as may be practicable all) of the shareholders of the Issuer (or, if the Issuer is not then the Ultimate Owner, to the shareholders of the then Ultimate Owner) to acquire the whole (or as nearly as may be practicable the whole) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued ordinary share capital) other than those already held by or on behalf of such Eligible Company; or (b) a reorganisation or restructuring whether by way of a scheme of arrangement or otherwise pursuant to which an Eligible Company acquires all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued share capital) other than those already held by such Eligible Company or pursuant to which all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued capital) not held by the New Holding Company is cancelled;

  • Restructuring Transactions Memorandum means a document, to be included in the Plan Supplement, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Debtors and issuance of the New Valaris Equity, through the Chapter 11 Cases, the Plan, or any Implementation Mechanism (including, in the United Kingdom, through the Administration).

  • Modified Restructuring Maturity Limitation Date means with respect to a Reference Obligation, the date that is the later of (x) the Scheduled Maturity Date of the Notes and (y) 60 months following the Restructuring Date in the case of a Restructured Bond or Loan, or 30 months following the Restructuring Date in the case of all other Reference Obligations.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Alternative Acquisition Agreement has the meaning set forth in Section 5.3(d).

  • Interim Capital Transactions means the following transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness and sales of debt securities (other than Working Capital Borrowings and other than for items purchased on open account in the ordinary course of business) by any Group Member; (b) sales of equity interests by any Group Member (including the Common Units sold to the Underwriters pursuant to the exercise of their over-allotment option); and (c) sales or other voluntary or involuntary dispositions of any assets of any Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Securities Financing Transactions Regulation means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Make-Whole Acquisition means the occurrence, prior to any Conversion Date, of one of the following:

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Public-finance transaction means a secured transaction in connection with which:

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;