Permitted Reorganisation definition

Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation, merger or consolidation whereby all or substantially all the business, undertaking or assets of the Issuer are transferred to a successor entity which assumes all the obligations of the Issuer under the Capital Securities.

Permitted Reorganisation means an amalgamation, merger, consolidation, reorganisation or other similar arrangement entered into by the Guarantor under which:

Permitted Reorganisation means any reorganisation, amalgamation, merger, demerger, consolidation, contribution in kind or restructuring or other similar transaction, in each case whilst solvent:

Examples of Permitted Reorganisation in a sentence

• The Borrower ceases or threatens to cease to carry on the whole or, as determined by the Security Trustee, substantially the whole of its business, save for the purposes of a Permitted Reorganisation or a reorganisation on terms previously approved in writing by the Security Trustee.

• Sourcewell will hold an optional, non-mandatory pre-proposal conference via webcast on the date and time noted on page one of this RFP and on the Sourcewell Procurement Portal.

• For the purposes of this provision: Permitted Reorganisation means, in respect of the Issuer, an amalgamation, merger, spin-off, reconstruction, reorganisation, restructuring, transfer or contribution of assets or other similar transaction (a relevant transaction) whilst solvent and whereby: (a) to the extent that the Issuer is not a surviving entity, the resulting company is a Successor in Business of the Issuer.

• It should be noted that, as part of the Permitted Reorganisation, Anglian Water Services UK Parent Co Limited delivered a solvency certificate to the Security Trustee, confirming its solvency and furthermore, as Anglian Water Services UK Parent Co Limited is a newly incorporated company, its only material liabilities are those under the Finance Documents.

• In this Condition 7, "Permitted Reorganisation" means the conversion of the Issuer from a State Owned Enterprise of which the Norwegian State is the sole owner, and to which the King of Norway has decided that Act No. 71 of 30 August 1991 of Norway relating to State Owned Enterprises (as amended) shall apply, to a limited company (AS or ASA) to which the Norwegian Limited Companies Acts of 13 June 1997 no.

More Definitions of Permitted Reorganisation

Permitted Reorganisation means an amalgamation, merger, consolidation, reorganisation or other similar arrangement entered into by the Issuer or ZIC (where ZIC is not the Issuer) under which:

Permitted Reorganisation means a reconstruction, amalgamation, merger, consolidation or transfer of assets and/or activities (a "Reorganisation") where the surviving legal entity which acquires or to which is transferred all or a substantial part of the business and/or activities of the Issuer:

Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation, merger or consolidation whereby all or substantially all the business, undertaking and assets of the Issuer are transfer to a successor entity which assumes all the obligations of the Issuer under the Subordinated Notes;

Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation,merger or consolidation whereby all or substantially all the business, undertaking and assets of the Company are transferred to a successor entity which assumes all the obligations of the Company under the Class A Cumulative Preference Shares.

Permitted Reorganisation means any one or more of the following:

Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation, merger or consolidation whereby all or substantially all the business, undertaking or assets of DSB are transferred to a successor entity which assumes all the obligations of DSB under the Dated Subordinated Notes;

Permitted Reorganisation means any solvent amalgamation, merger, demerger or reconstruction involving the Issuer or any Subsidiary under which the assets and liabilities of the Issuer or the relevant Subsidiary are assumed by the entity resulting from such amalgamation, merger, demerger or reconstruction and, where the same involves the Issuer: