Receivership Date definition

Receivership Date means November 19, 2019, being the date the Receivership Order was granted by the Court.
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Receivership Date means May 30, 2018.
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Receivership Date means May 11, 2022.
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Examples of Receivership Date in a sentence

  • The Receiver has become aware of certain legal proceedings or claims involving the Legal Owners which arose prior to the Receivership Date and which, in the Receiver’s view, should be pursued as potential realizable assets in the estates of the Legal Owners.

  • The Receiver understands that Prime is 50%-owned by Gross Capital but that the former representatives of Gross Capital have not been involved in the day-to-day operations of Prime’s business since prior to the Receivership Date.

  • As detailed in the Pre-Filing Report, KPMG in its capacity as proposed receiver and based on its knowledge of the Legal Owners’ business, had prepared a cash flow forecast (the “ Cash Flow Forecast”) for the purpose of projecting the Legal Owners’ estimated liquidity needs for a period of approximately 6 months from the Receivership Date.

  • In arriving at this view, the Receiver has taken into consideration the performance of Prime since the Receivership Date, the anticipated costs that would be incurred and potential for operational complications that could arise as a result of replacing Prime in advance of the commencement of the proposed Sale Process.

  • As at the Receivership Date, there was approximately $151 million owing to the Lenders.

  • The Legal Owner appears to have outstanding HST arrears related to the period prior to the Receivership Date, as evidenced by documentation obtained from CRA.

  • The activities of the Receiver from the Receivership Date to the date of the First Report are detailed in the First Report.

  • After the Receivership Date, the Interim Receiver paid surplus cash on hand from operating the Lands to the Receiver, which funds were deposited to the receivership trust accounts for each of Louise Block, First Street Plaza, and Macleod Place I and II.

  • Prior to the Receivership Date, the Company had sought and obtained protection under the Companies’ Creditors Arrangement Act, RSC 1985, c C-36, as amended (the “CCAA”) pursuant to an order granted by the Alberta Court of Queen’s Bench on April 10, 2019 (the “Initial Order”).

  • Pursuant to the terms of Mr. Justice Koehnen’s endorsement dated August 3, 2021, the Receiver was directed to return to Court within 90 days of the Receivership Date (or such later date as the Court may Order) to seek approval of a Sale Process.


More Definitions of Receivership Date

Receivership Date means December 14, 2012;
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Receivership Date means July 30, 2021;
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Related to Receivership Date

  • Receivership means a proceeding in which a receiver is appointed.

  • Receivership court means the court in the insolvent or impaired insurer's state having jurisdiction over the conservation, rehabilitation, or liquidation of the member insurer.

  • Insolvency with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the meaning of Section 4245 of ERISA.

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Liquidation means the distributions of the Trust Account to the Public Stockholders in connection with the redemption of the Common Stock held by the Public Stockholders pursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation, as amended, if the Company fails to consummate a Business Combination with the time period provided therein.

  • Bankruptcy means, with respect to any Person, if such Person (i) makes an assignment for the benefit of creditors, (ii) files a voluntary petition in bankruptcy, (iii) is adjudged a bankrupt or insolvent, or has entered against it an order for relief, in any bankruptcy or insolvency proceedings, (iv) files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, (v) files an answer or other pleading admitting or failing to contest the material allegations of a petition filed against it in any proceeding of this nature, (vi) seeks, consents to or acquiesces in the appointment of a trustee, receiver or liquidator of the Person or of all or any substantial part of its properties, or (vii) if 120 days after the commencement of any proceeding against the Person seeking reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, if the proceeding has not been dismissed, or if within 90 days after the appointment without such Person’s consent or acquiescence of a trustee, receiver or liquidator of such Person or of all or any substantial part of its properties, the appointment is not vacated or stayed, or within 90 days after the expiration of any such stay, the appointment is not vacated. The foregoing definition of “Bankruptcy” is intended to replace and shall supersede and replace the definition of “Bankruptcy” set forth in Sections 18-101(1) and 18-304 of the Act.

  • Winding-Up means, with respect to the Issuer, a final and effective order or resolution for the bankruptcy, winding-up, liquidation, receivership or similar proceeding in respect of the Issuer (except for the purposes of a consolidation, amalgamation, merger or reorganisation the terms of which have previously been approved by an Extraordinary Resolution of the Noteholders); and

  • Insolvency Proceedings means bankruptcy, liquidation or other collective judicial or administrative proceedings, including interim proceedings, in which the assets and affairs of the debtor are subject to control or supervision by a court for the purposes of reorganisation or liquidation;

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Reorganization with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA.

  • Insolvency Act means the Insolvency Xxx 0000;

  • Insolvency Official means the official receiver appointed in the context of any insolvency procedure which may be opened following the occurrence of an Insolvency Event.

  • Certified rehabilitation means repairs or alterations consistent with the Secretary of the Interior’s Standards for Rehabilitation and certified as such by the State Historic Preservation Officer before commencement of the work. The review by the State Historic Preservation Officer shall include all repairs, alterations, rehabilitation, and new construction on the certified historic residential structure and the property on which it is located. To qualify for the credit, the taxpayer shall receive documentation from the State Historic Preservation Officer verifying that the completed project was rehabilitated in accordance with the standards for rehabilitation. The rehabilitation expenses must, within a thirty‑six‑month period, exceed fifteen thousand dollars. A taxpayer shall not take more than one credit on the same certified historic residential structure within ten years.

  • Insolvency Law means the Bankruptcy Code and all other applicable liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, suspension of payments and similar debtor relief laws from time to time in effect affecting the rights of creditors generally.

  • Dissolution Date means, as the case may be:

  • Insolvency Proceeding means any proceeding under Title 11 of the United States Code (11 U.S.C. Sec. 101 et seq.) or any other insolvency, liquidation, reorganization or other similar proceeding concerning the Mortgage Loan Borrower, any action for the dissolution of the Mortgage Loan Borrower, any proceeding (judicial or otherwise) concerning the application of the assets of the Mortgage Loan Borrower for the benefit of its creditors, the appointment of or any proceeding seeking the appointment of a trustee, receiver or other similar custodian for all or any substantial part of the assets of the Mortgage Loan Borrower or any other action concerning the adjustment of the debts of the Mortgage Loan Borrower, the cessation of business by the Mortgage Loan Borrower, except following a sale, transfer or other disposition of all or substantially all of the assets of the Mortgage Loan Borrower in a transaction permitted under the Mortgage Loan Documents; provided, however, that following any such permitted transaction affecting the title to the Mortgaged Property, the Mortgage Loan Borrower for purposes of this Agreement shall be defined to mean the successor owner of the Mortgaged Property from time to time as may be permitted pursuant to the Mortgage Loan Documents; provided, further, however, that for the purposes of this definition, in the event that more than one entity comprises the Mortgage Loan Borrower, the term “Mortgage Loan Borrower” shall refer to any such entity.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • Bankruptcy Proceedings has the meaning set forth in clause (b) of paragraph 9 hereof.

  • Moratorium Period means the period of maximum 4 months from the Commencement Date provided by DMRC to the Lessee for carrying out Fit Out Activities in order to operationalize the Leased Space(s).