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 the Lock-Up Agreement and which shall in all respects comply with Sanctions, including obtaining authorisation(s) or licence(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
The GM will be convened for the Independent Shareholders to consider and, if thought fit, approve the Sale and Purchase Agreement and the Proposed Restructuring contemplated thereunder by way of an ordinary resolution.
The Independent Board Committee has been formed pursuant to the requirements of the Listing Rules to advise the Independent Shareholders as to whether the terms of the Sale and Purchase Agreement and the Proposed Restructuring contemplated thereunder are fair and reasonable and in the interests of the Company and the Shareholders as a whole, and to advise the Independent Shareholders on how to vote on the relevant resolution to be proposed at the GM.
The Sale and Purchase Agreement and the Proposed Restructuring contemplated thereunder, which involves the transfer of the Group’s interests in Shougang Resources to Shougang Holding, align with the Company’s future overall development strategy.
The above Shareholders will abstain from voting at the GM in respect of the resolution to approve Sale and Purchase Agreement and the Proposed Restructuring contemplated thereunder.
The above Shareholders will abstain from voting at the GM in respect of the resolution to approve the Sale and Purchase Agreement and the Proposed Restructuring contemplated thereunder.
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 has the meaning given to such term in Recital (F).
Proposed Restructuring the disposal by the Company of the Sale Shares pursuant to the terms and conditions of the Sale and Purchase Agreement "Sale and Purchase Agreement" a sale and purchase agreement dated 18 December 2024 entered into between Shougang Holding and the Vendor in relation to the Proposed Restructuring "Sale Shares" 606,927,640 Shougang Resources Shares, representing approximately 11.92% of the entire issued share capital of Shougang Resources as at the date of this announcement, and each Shougang Resources Share subject to the Proposed Restructuring being a "Sale Share" "Share(s)" the ordinary share(s) of the Company "Shareholder(s)" the holder(s) of Shares "Shougang Group" Shougang Group Co., Ltd.* ( 首鋼集團有限公司), a state-owned enterprise established in the PRC and a substantial Shareholder "Shougang Holding" Shougang Holding (Hong Kong) Limited (首鋼控股（香港）有限公司), a company incorporated in Hong Kong with limited liability and a wholly-owned subsidiary of Shougang Group "Shougang Resources" Shougang Fushan Resources Group Limited (stock code: 0639), a company incorporated in Hong Kong with limited liability and the issued shares of which are listed on the Main Board of the Stock Exchange "Shougang Resources Share(s)" the ordinary share(s) of Shougang Resources
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.