Provisional Liquidators definition

Provisional Liquidators means the Joint Provisional Liquidators appointed by the Bermuda Court under the Provisional Liquidator Appointment Order.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Provisional Liquidators means Michael Simpson of PriceWaterhouseCoopers of 60 Circular Road, Douglas, IM1 1SA and Peter Spratt of PriceWaterhouseCoopers LLP of Plumtree Court, London EC4A 4HT;

Provisional Liquidators means, jointly and severally, Messrs Desmond Chung Seng Chiong

Examples of Provisional Liquidators in a sentence

• On the same date, the Parent Guarantor issued an ex parte summons with the Cayman Court seeking the appointment of the Joint Provisional Liquidators as the joint provisional liquidators of the Parent Guarantor on the grounds of insolvency and that the Parent Guarantor intended to present a compromise or arrangement to its creditors.

• No Personal Liability of the Joint Provisional Liquidators 130 Section 14.19.

• On 18 February 2021, the Company, the Provisional Liquidators and the Investor entered into the Subscription Agreement, pursuant to which the Company shall agree to issue and allot, and the Investor shall agree to subscribe for, 1,032,000,000 Subscription Shares at the Issue Price of HK$0.16 per Subscription Share for the Subscription Consideration, being HK$165.12 million.

• On the same date, the Company issued an ex parte summons with the Cayman Court seeking the appointment of the Joint Provisional Liquidators as the joint provisional liquidators of the Company on the grounds of insolvency and that the Company intended to present a compromise or arrangement to its creditors.

• This is one of the Notes issued under an Indenture, dated as of [●], 2017 (as amended from time to time, the “Indenture”), among Energy Resources LLC, a limited liability company established under the laws of Mongolia at ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇/▇, ▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇-▇, Ulaanbaatar, 210620a, Mongolia (the “Company”), the Parent Guarantor, the Joint Provisional Liquidators, the Subsidiary Guarantors and The Bank of New York Mellon, as Trustee.

• The Provisional Liquidators shall hold the Costs Deposit on trust for the Investors until either (i) Completion, (ii) the Creditors Schemes are not approved by the Creditors in the Creditors Schemes meetings or (iii) the Creditors Schemes are not sanctioned by the High Court of Hong Kong and the Grand Court of the Cayman Islands, following which it shall be released and returned to the Investors after deduction of any Costs Deduction Amount has been made pursuant to Clause 12.2.4.

• No Personal Liability of the Joint Provisional Liquidators 48 Section 9.16.

• For the avoidance of doubt, and without limiting the foregoing, the Investors shall pay the Creditors Schemes Consideration to the Provisional Liquidators in accordance with Clause 12.3 before the Condition Precedent set out in Clause 3.1(a) can be satisfied.

• On 2 October 2009, the High Court of Hong Kong granted an Order to appoint the Provisional Liquidators to act as provisional liquidators to the Company under an application made by DBS Bank (Hong Kong) Limited.

• However, if and when such an injunction is obtained, the Joint Provisional Liquidators will make it available for inspection as soon as may be practicable.

More Definitions of Provisional Liquidators

Provisional Liquidators the provisional liquidators of the Company appointed by the High Court of Hong Kong as joint and several provisional liquidators of the Company, namely ▇▇. ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇ and ▇▇. ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇ acting as agents and without personal liability [REDACTED] the issue and offer of the [REDACTED] for subscription in Hong Kong on and subject to the terms and conditions to be set out in the [REDACTED] and the Application Forms and, for the avoidance of doubt, including the [REDACTED] [REDACTED] the final [REDACTED] per [REDACTED] (exclusive of [REDACTED] fee of [REDACTED], [REDACTED] of [REDACTED] and the [REDACTED] of [REDACTED]) of HK$[REDACTED] per [REDACTED] “Qualifying Shareholder(s)” Shareholder(s) whose name(s) appear on the register of members of the Company on [REDACTED] or such other date may be agreed between the Company and the [REDACTED], other than the Shareholder(s), whose registered address(es) as shown in the register of members of the Company on [REDACTED] or such other date may be agreed between the Company and the [REDACTED] is/are outside of Hong Kong, to whom the Company considers it necessary or expedient under the laws of the relevant regulatory body or stock exchange to offer the [REDACTED] based on the enquiry made pursuant to the [REDACTED] [REDACTED] the date by reference to which [REDACTED] under the [REDACTED] is to be determined “Registrar” [REDACTED] “Renewable Energy Law” the Renewable Energy Law of the PRC ( 中 華 人 民 共 和 國 可 再 生 能 源 法 ), as amended and adopted by the Standing Committee of the National People’s Congress on 26 December 2009 [REDACTED] the [REDACTED] of [REDACTED] to the Qualifying Shareholders for subscription as [REDACTED] under the [REDACTED]

Provisional Liquidators means ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇, of ▇▇▇▇▇ ▇▇▇▇▇▇ (Cayman) Limited, in their capacities as joint provisional liquidators of the Company as appointed by the Grand Court of the Cayman Islands on February 27, 2014, with authority, among other things, to promote the Schemes.