Mexican Business Reorganization Act definition

Mexican Business Reorganization Act means the Ley de Concursos Mercantiles of Mexico, as amended from time to time, and any successor thereto.
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Mexican Business Reorganization Act means the reorganization act under Mexican law, titled Ley de Concursos Mercantiles.
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Examples of Mexican Business Reorganization Act in a sentence

  • The proposed agreement makes reference to the payment of all the types of credits that were allowed, as ordered by number 153 of the Mexican Business Reorganization Act.

  • The purpose of the conciliation phase is to achieve the permanence of the company’s business through an agreement signed with its allowed creditors, pursuant to Article 3 of the Mexican Business Reorganization Act.

  • The Company shall implement the Restructuring through the prosecution and confirmation of a plan of reorganization (the "Plan") under the Mexican Business Reorganization Act in the Concurso Proceeding.

  • Despite the fact that we are faced with an agreement signed by both the company and the majority of credits necessary to approve it, number 164 of the Mexican Business Reorganization Act orders this jurisdictional body to verify that the agreement meets all the requirements of the Chapter of Title Five of the law itself.

  • Objections to the Plan of Reorganization Article 162 of the Mexican Business Reorganization Act provides that one business day after it has been provided with the Plan of Reorganization, the Durango District Court must make the Plan of Reorganization available to all Recognized Creditors.

Related to Mexican Business Reorganization Act

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Internal Reorganization has the meaning set forth in the Separation Agreement.

  • Reorganization Transactions shall have the meaning set forth in the recitals.

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

  • 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.

  • Permitted Reorganization means any reorganizations and other activities related to tax planning and tax reorganization, so long as, after giving effect thereto, the enforceability of the Note Guarantees, taken as a whole, are not materially impaired.

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • 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 Shareholders. Such term does not include:

  • Business Acquisition means the acquisition, by purchase or otherwise, of all or substantially all of the assets (or any part of the assets constituting all or substantially all of a business or line of business) of any Person, whether such acquisition is direct or indirect, including through the acquisition of the business of, or Capital Stock of, such Person.

  • EC Merger Regulation means Council Regulation (EC) No 139/2004 of January 20, 2004 on the control of concentrations between undertakings, as amended.

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Qualifying Acquisition has the meaning specified in Section 5.03.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Business Case means the written reasoning behind the initiation of a Procurement Project, prepared in the form set out in Part 1 of the Procurement Project Plan at Appendix A of the Procurement Project Planning Protocol.

  • Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.

  • Permitted Merger shall have the meaning set forth in Section 3.01.

  • 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;

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