Framework Restructuring Agreement definition

Framework Restructuring Agreement means the framework restructuring agreement to be entered into by and among certain Key Holder Parties, certain Group Companies and certain other parties thereto on or prior to the Closing, in the form attached hereto as Exhibit E. On a “fully diluted basis” shall mean, for the purpose of calculating share numbers, that the calculation is to be made assuming that all outstanding options, warrants and other Equity Securities directly or indirectly convertible into or exercisable or exchangeable for Ordinary Shares (whether or not by their terms then currently convertible, exercisable or exchangeable) and Equity Securities which have been reserved for issuance pursuant to the ESOP have been so converted, exercised, exchanged or issued.
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Framework Restructuring Agreement shall have the meaning set forth in the Share Purchase Agreement.
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Framework Restructuring Agreement shall have the meaning set forth in the Tencent Subscription Agreement.
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Examples of Framework Restructuring Agreement in a sentence

  • Subsequently, on June 5, 2020, the STG has entered into Framework Restructuring Agreement (FRA) to give effect to the Resolution Plan.

  • In June 2020, SEL and its certain specified subsidiaries, entered into a Framework Restructuring Agreement (hereinafter referred to as the “FRA”) with a Consortium of Lenders led by the State Bank of India (hereinafter referred to as the “Existing Lenders”) for restructuring the debt of the Company, in terms of the Reserve Bank of India circular dated 7th June 2019 (the “RBI Circular”).

  • Subsequently, on 05.06.2020, the STG has entered into Framework Restructuring Agreement (FRA) to give effect to the Resolution Plan.

  • As mentioned in the said Note, the Management of the Company is in the process of determining the fair value of the financial instruments issued pursuant to the said restructuring and the resultant gain on extinguishment of the debt in terms of the Framework Restructuring Agreement, to be transferred to equity as a capital contribution.

  • Murphy filed a petition for rehearing en banc, which the Court denied.

  • All the contractual lock-in requirements under the Framework Restructuring Agreement on 99,71,76,872 (Ninety Nine Crores Seventy One Lacs Seventy Six Thousand Eight Hundred Seventy Two) equity shares of the Company allotted to the Existing Lenders on 27th June 2020 have been waived off.

  • In addition to the fixed assets, the shares of the Promoter / Promoter Group are also pledged as per the Framework Restructuring Agreement (FRA) dated 12th July 2021 for restructuring / reconstitution of the debt of the Company.* refers to the date of execution of share pledge agreement with M/s.

  • SAC was formed with the objective of allotment of securities to the lender banks or their appointed trustees pursuant to the Resolution Plan for restructuring the debt of the Company, as per the Framework Restructuring Agreement dated 12th July 2021.

  • It is noted that, after the Effective Date of the Restructuring, OHL shall request the judicial approval of the Restructuring (homologación) by the Spanish courts through the implementation of the Framework Restructuring Agreement for the purposes indicated in the resolution relating to the Debt Capitalization Capital Increase proposed in item Fourth of the agenda of the Extraordinary General Shareholders' Meeting.

  • The secondary sale of the OCDs shall be simultaneous to sale of CCPS as per the framework restructuring agreement entered into between the Company, its lenders and certain others (“Framework Restructuring Agreement”) as one lot along with closure of all Part A Facilities (as per the Framework Restructuring Agreement).


More Definitions of Framework Restructuring Agreement

Framework Restructuring Agreement means the framework restructuring agreement (重组框架协议) dated April 28, 2017 by and among Beijing 58 Information Technology Co., Ltd. (北京五八信息技术有限公司), Beijing Chengshi Wanglin Information Technology Co., Ltd. (北京城市网邻信息技术有限公司), the VIE Entity and 00.xxx Inc.
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Related to Framework Restructuring Agreement

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

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Framework Agreement means the Clauses of this Framework Agreement together with the Framework Schedules and annexes to it;

  • Restructuring Support Agreement has the meaning set forth in the Recitals.

  • Support Agreement has the meaning set forth in the Recitals.

  • Reorganization Agreement has the meaning set forth in the recitals.

  • 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).

  • Transaction Agreement has the meaning set forth in the recitals.

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

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

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

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

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • 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.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Acquisition Agreement as defined in the recitals hereto.

  • Divestiture Agreement means any agreement between Respondents and an Acquirer (or a Divestiture Trustee appointed pursuant to Paragraph III of this Order and an Acquirer) and all amendments, exhibits, attachments, agreements, and schedules thereto, related to any of the Assets To Be Divested that have been approved by the Commission to accomplish the requirements of this Order. The term “Divestiture Agreement” includes, as appropriate, the Associated Food Stores Divestiture Agreement, the AWG Divestiture Agreement, the Haggen Divestiture Agreement, and the Supervalu Divestiture Agreement.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Parent Agreement has the meaning given to it in Clause 12;

  • Support Agreements has the meaning set forth in the Recitals.

  • Restructuring Plan means the extrajudicial restructuring plan, filed with the Sao Paulo Bankruptcy and Reorganization Court on August 19, 2020 (the “Restructuring Plan Filing Date”), providing for the issuance of the Securities and of the New Notes in exchange for the restructuring of various financial debts of OEC and certain of its Affiliates, as duly amended from time to time.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Management Letter means formal communications from the auditor to the client management in accordance with the International Standard on Auditing 265 (communicating deficiencies in internal control to those charged with governance and management), which is not required to be provided separately as it is equivalent to the Audit Findings and Recommendations prepared by the Project auditor and submitted to ADB;