Financial Restructuring Plan definition

Financial Restructuring Plan means the plan for financial restructuring of the Distribution Licensees as approved by the State Government from time to time in accordance with the provisions of the Financial Restructuring Scheme notified by the Central Government in terms of Office Memorandum No. 20/11/2012-APDRP dated 05th October, 2012;
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Financial Restructuring Plan means the plan satisfactory to the Association to be adopted by the Recipient pursuant to Section I.G of Schedule 2 to this Agreement setting forth measures and dated actions for to the improvement of the financial situation of the Project Implementing Entity and to include specific measures for the clearance of its debts.
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Financial Restructuring Plan means the Plan of Haryana attached to the Financial Commitment Letter for the purpose of ensuring that HSEB and its successor entities achieve the financial and operational targets set out in such Plan;
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Examples of Financial Restructuring Plan in a sentence

  • Assets and liabilities (gross block, loans and equity), as on the date mentioned in the notification, have been considered by the Commission in line with the Financial Restructuring Plan (FRP), as approved by Government of Gujarat.

  • Turn-Around Plan (TaP) for transition to targeted profitability by improving operational efficiencies, Financial Restructuring Plan (FRP) for Lenders’ support for easing debt burden, and Government support entailing equity infusion are being implemented in phases for turning around the airline’s operations.

  • The Board also expresses its deep sense of appreciation for the sincere and devoted service rendered by the employees of the Company at all levels.The Board also gratefully acknowledges the support and guidance received from various Ministries of the Government of India, the Ministry of Civil Aviation and Ministry of Finance in relation to the implementation of the Company's operations, Financial Restructuring Plan and growth plans.

  • Assets and liabilities (gross block, loans and equity) as on the date mentioned in the notification have been considered by the Commission in line with the Financial Restructuring Plan (FRP) as approved by Government of Gujarat.

  • The company has during the financial year 2011-12 adopted/ implemented a Turnaround Plan (TAP) and a Financial Restructuring Plan (FRP) to improve its operational and financial performance.

  • The government has yet to display urgency with respect to the implementation of the Financial Restructuring Plan which is a crucial tool for moving towards financial sustainability.

  • The Group of Ministers (GoM) in June 2011 decided to constitute a committee of Group of Officers (GoO) under Ministry of Finance to examine the Turnaround Plan (TAP) and Financial Restructuring Plan (FRP) submitted by AIL.

  • The Financial Restructuring Plan of AIL had also envisaged that AIL would achieve positive EBITDA by 2012-13.

  • The company has during the financial year 2011-12 adopted/ implemented a Turnaround Plan (TAP) and a Financial Restructuring Plan (FRP) to improve its operational and financial performance.During the year the Company has implemented SAP-ERP system of accounting.

  • As per the approved Financial Restructuring Plan of Haryana, the repayment of loans restructured under the aforesaid scheme is scheduled to commence from FY 2015-16.


More Definitions of Financial Restructuring Plan

Financial Restructuring Plan means the Plan dated March 21, 2000, approved by Rajasthan, RVUN, RVPN, JAIPUR DISCOM, AJMER DISCOM and JODHPUR DISCOM for the purpose of ensuring, inter alia, that RVUN, RVPN, JAIPUR DISCOM, AJMER DISCOM and JODHPUR DISCOM achieve the financial and operational targets set out in such Plan, and includes the Plan updated pursuant to Section 2.05 (b) of the Project Agreement;
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Financial Restructuring Plan means the Plan of Andhra Pradesh attached to the Financial Commitment Letter for the purpose of ensuring that APTRANSCO, APGENCO and Distribution Companies achieve the financial and operational targets set out in such Plan;
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Financial Restructuring Plan means the Plan dated Xxxxx 00, 0000, xxxxxxxx xx Xxxxx Xxxxxxx for the purpose of ensuring, inter alia, that UPPCL, UPRVUNL and UPJVNL and Distribution Companies achieve the financial and operational targets set out in such Plan;
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Related to Financial Restructuring Plan

  • Restructuring Plan means the Restructuring Plan attached hereto as Schedule 1.1.

  • Financial Restatement means a restatement of the Company’s financial statements due to the Company’s material noncompliance with any financial reporting requirement under U.S. federal securities laws that is required in order to correct:

  • 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.

  • financial recovery plan means a plan prepared in terms of section 141 of the MFMA

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

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • 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.

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

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

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

  • International Financial Reporting Standards or “IFRS” means the accounting standards issued or endorsed by the International Accounting Standards Board.

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

  • State implementation plan or “SIP” means the plan adopted by the state of Iowa and approved by the Administrator which provides for implementation, maintenance, and enforcement of such primary and secondary ambient air quality standards as they are adopted by the Administrator, pursuant to the Act.

  • Chapter 11 Plan means a plan of reorganization or liquidation filed in any of the Chapter 11 Cases under Section 1121 of the Bankruptcy Code.

  • 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).

  • 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.

  • Alternative Restructuring Proposal means any inquiry, proposal, offer, bid, term sheet, discussion, or agreement with respect to a sale, disposition, new-money investment, restructuring, reorganization, merger, amalgamation, acquisition, consolidation, dissolution, debt investment, equity investment, liquidation, tender offer, recapitalization, plan of reorganization, share exchange, business combination, or similar transaction involving any one or more Company Parties or the debt, equity, or other interests in any one or more Company Parties that is an alternative to one or more of the Restructuring Transactions.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • 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;

  • Classification plan means the orderly arrangement of positions within an agency into separate and distinct job families so that each job family will contain those positions which involve similar or comparable skills, duties and responsibilities [74:840 1.3].

  • Financial Reporting Measure means any measure determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures derived wholly or in part from such measures, including GAAP, IFRS and non-GAAP/IFRS financial measures, as well as stock or share price and total equityholder return.

  • Non-U.S. Plan means any plan, fund or other similar program that (a) is established or maintained outside the United States of America by the Company or any Subsidiary primarily for the benefit of employees of the Company or one or more Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and (b) is not subject to ERISA or the Code.

  • Parenting plan means a written plan describing each parent's rights and responsibilities.

  • Utilization plan means a form and additional documentation included in all bids or proposals that demonstrates a vendor’s proposed utilization of vendors certified by the Business Enterprise Program to meet the targeted goal. The Utilization Plan shall demonstrate that the Vendor has either: (1) met the entire contract goal or (2) requested a full or partial waiver and made Good Faith Efforts towards meeting the goal.

  • Financial Reporting Measures means measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and all other measures that are derived wholly or in part from such measures. Stock price and total shareholder return (and any measures that are derived wholly or in part from stock price or total shareholder return) shall, for purposes of this Policy, be considered Financial Reporting Measures. For the avoidance of doubt, a Financial Reporting Measure need not be presented in the Company’s financial statements or included in a filing with the SEC.

  • 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.