Proposed Restructuring definition

Proposed Restructuring means a consensual restructuring by the Issuer of its indebtedness under the Bonds on the terms described in the Proposed Amendments, or such other terms as may be subsequently agreed in writing between the Issuer and the Ad Hoc Group, which shall be implemented in accordance with this Agreement and which shall in all respects comply with Sanctions, including obtaining authorization(s) or license(s) if necessary.

Proposed Restructuring means the proposed restructuring of the Borrower and its Subsidiaries as set forth in Schedule 1.1(d) hereto.

Proposed Restructuring means the proposed restructuring of the First Citizens Group as set out in this Circular to be effected by the Amalgamation and the Vesting.

Examples of Proposed Restructuring in a sentence

• On or around the formal filing of a Plan of Division by each Dividing Company with the Department, Allstate will communicate with the MCCA to disclose the Proposed Restructuring and that it involves Allstate, the Dividing Companies, the Illinois NewCos, and the Merger Cos.

• Because the Specified Policies impacted by the Proposed Restructuring were all issued in Michigan, Allstate proposes to issue written notice of the Proposed Restructuring to the Michigan Department of Insurance and Financial Services (the “MI DIFS”), including a copy of the Plan of Division filed with the Department.

• At least 25 days before the Hearing date, Allstate will send a written notice to each policyholder for the Specified Policies (a “Policyholder”) and to each person with an outstanding personal injury claim under the Specified Policies (a “Claimant”), whose claim will become a claim of a Merger Co as a result of the Proposed Restructuring.

• As a result of the Proposed Restructuring, the Merger Cos will hold, by operation of law, all of the assets, liabilities, and contracts associated with the Specified Policies.

• The MI DIFS will also be notified of the Proposed Restructuring via licensing applications that the Merger Cos will submit to become authorized to transact insurance in Michigan.

More Definitions of Proposed Restructuring

Proposed Restructuring. The acquisition by NewCo of all the Scheme Shares in consideration of which NewCo will allot and issue to the Scheme Shareholders such number of new NewCo Shares, credited as fully paid, on the basis of one (1) new NewCo Share for every one (1) Scheme Share held by each Scheme Shareholder on the Books Closure Date, to be effected by way of the Scheme and on the terms and conditions of the Implementation Agreement

Proposed Restructuring shall have the meaning ascribed to such term in Recital C.

Proposed Restructuring means the proposed restructuring of the Olam Group involving, inter alia, OG's allotment and issuance to the Shareholders of OG Shares, credited as fully paid, on the basis of one

Proposed Restructuring. The restructuring of Borrowers’ capital structure (including, without limitation, the Obligations) substantially as described in that certain initial draft term sheet delivered to the Borrowers by Bayside on January 28, 2014, as such term sheet may be amended, modified or supplemented from time to time.

Proposed Restructuring. This Summary of Terms sets forth the terms of a proposed restructuring of the outstanding 11% Senior Second Lien Notes due 2014 (the “Existing Notes”) of AGY Holding Corp. (“AGY” or the “Company” and such restructuring, the “Restructuring”) on the basis of discussions among the Company, the investment funds managed by affiliates of Kohlberg Management V, LLC (collectively, “Kohlberg”) and Xxxxxxxxxx Capital Partners, LLC, Blackrock Xxxxx Capital Corporation, Saybrook Corporate Opportunity Fund II, L.P., Barclays Multi-Manager Fund PLC, California Public Employees’ Retirement System, ASTRO Trust Series-Nomura High Yield Bond Fund, The GM Canada Domestic Trust, High Yield Corporate Bond Open Mother Fund, Industriens Pension Portfolio F.M.B.A., High Yield obligationer III, L-3 Communications Corporation Master Trust, Louisiana State Employees’ Retirement System, Xxxxxxxxxx County Employees’ Retirement System, Nomura Corporate Research and Asset Management Inc., Nomura Multi Managers Fund II - US High Yield Bond, Nomura Funds Ireland - US High Yield Bond Fund, Nomura US Attractive Yield Corporate Bond Fund Mother Fund, Safety National Casualty Corporation, Stichting Pensioenfonds Hoogovens and The Regents of the University of California (collectively, the “Majority Bondholders”). Exchange Transaction AGY will, in a private transaction, (i) exchange outstanding Existing Notes for (A) shares of convertible participating preferred stock (the “Preferred Stock”) of XXXX Holding Company, Inc., the parent company of AGY (“XXXX”), having an aggregate initial issuance price (the “Issuance Price”) equal to (1) 50% of the principal amount of the Existing Notes so exchanged, plus (2) 50% of the accrued and unpaid interest on the Existing Notes so exchanged, (B) new 11% Senior Second Lien Notes (the “New Notes”) having substantially similar terms to the terms of the Existing Notes, except that the stated maturity of the New Notes shall be December 15, 2016 and the New Notes will be “144A-for-life”, in an aggregate principal amount equal to 50% of the aggregate principal amount of the Existing Notes so exchanged, and (C) cash (to be paid as accrued interest on the New Notes for the period from the last interest payment date on the Existing Notes through the date of exchange) in an amount equal to 50% of the accrued and unpaid interest on the Existing Notes so exchanged, and (ii) obtain the consent (the “Consent”) of holders of Existing Notes participating in the Exchange Tr...

Proposed Restructuring as defined in the recitals hereto.

Proposed Restructuring is defined in the second recital.