Reduction Court Order definition

Reduction Court Order means the order of the Court confirming the Capital Reduction;
Reduction Court Order means the order of the Court which confirms the Capital Reduction;
Reduction Court Order means the act of Court confirming the Capital Reduction;

Examples of Reduction Court Order in a sentence

  • On the subsequent registration of the Preference Reduction Court Order by the Registrar of Companies, any A Preference Shares and any B Preference Shares will be cancelled and holders of A Preference Shares will receive New Lloyds TSB Preference Shares and holders of B Preference Shares will receive cash.

  • It is expected that Admission will become effective and that dealings, for normal settlement, will commence at 8.00 a.m. on the Business Day after the Effective Date which, subject to the sanction of the Preference Scheme and the associated reductions of capital by the Court, the delivery of the Preference Court Orders and registration of the Preference Reduction Court Order by the Registrar of Companies and the satisfaction (or waiver) of the Conditions, is expected to be on 19 January 2009.

  • In the event that C Shares are issued pursuant to the terms of the Scheme but the Capital Reductions are not confirmed by the Court at the Second Court Hearing or the Reduction Court Order is not delivered to (or, if the Court so orders at the Second Court Hearing, registered with) the Registrar of Companies within 20 Business Days following the issue of the C Shares (or at such other time as the directors may determine), each C Share shall immediately thereupon be reclassified as a Deferred Share.

  • The Scheme will only become effective once an office copy of the Scheme Court Order, an officecopy of the Reduction Court Order and the Statement of Capital are delivered to the Registrar of Companies.

  • It will also depend on whether the Court Order(s) sanctioning the Scheme and confirming the Capital Reduction and, in relation to the Capital Reduction, the Statement of Capital are delivered to the Registrar of Companies, and if required by the Court, when the Reduction Court Order is registered.

  • Section 2 of this New Scheme is subject to the subsequent confirmation by the Court of the Reduction of Capital and accordingly may not become effective until a copy of the Reduction Court Order and related Statement of Capital have been delivered to and, if the Court so orders for the Reduction of Capital to take effect, registered by the Registrar of Companies.

  • It should be noted that, although it is currently the Company’s intention that the Demerger should be concluded, the Company is entitled to decide not to proceed with the Demerger at any time prior to the granting by the Court of the Provexis Reduction Court Order at the Provexis Reduction Court Hearing if the Board considers that it would not be in the interests of Provexis Shareholders to proceed.

  • The above times and dates are indicative only and will depend, among other things, on the date upon which (i) the Court sanctions the Scheme: (ii) the Court confirms the associated Capital Reduction; and (iii) the Court Orders and the Statement of Capital are delivered to the Registrar of Companies and, if the Court so orders, when the Reduction Court Order and the Statement of Capital are registered by him.

  • The second part of the Scheme, which completes the acquisition of Rexam by Ball, will become effective on the registration of the Reduction Court Order and statement of capital by the Registrar of Companies.

  • The Newco Reduction of Capital will become Effective as soon as a copy of the Newco Reduction Court Order has been registered by the Registrar of Companies.


More Definitions of Reduction Court Order

Reduction Court Order the act of Court confirming the Capital ReductionRegistrar of Companiesthe Registrar of Companies for Jersey
Reduction Court Order means the order of the High Court of Jersey confirming the reduction of the capital of the Target provided for by the Scheme of Arrangement.
Reduction Court Order the order of the Court which confirms the Capital Reduction;

Related to Reduction Court Order

  • Court Order means any judgment, order, award or decree of any foreign, federal, state, local or other court or tribunal and any award in any arbitration proceeding.

  • Final Order means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter that has not been reversed, stayed, modified, or amended, and as to which the time to appeal or seek certiorari has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment could be appealed or from which certiorari could be sought or the new trial, reargument, or rehearing shall have been denied, resulted in no modification of such order, or has otherwise been dismissed with prejudice.

  • Bankruptcy Court has the meaning set forth in the Recitals.

  • Canadian Court means the Ontario Superior Court of Justice (Commercial List).

  • U.S. Bankruptcy Court means the United States Bankruptcy Court for the Southern District of New York.

  • Approval Order means an order entered by the Bankruptcy Court, pursuant to Sections 363 and 365 of the Bankruptcy Code, authorizing and approving, among other things, (a) the sale of the Purchased Assets (b) the assumption of the Assumed Liabilities by Purchaser and (c) the assumption and assignment of the Purchased Contracts, in accordance with the terms and conditions of this Agreement, which will be in a form and substance reasonably acceptable to the Parties.

  • Cayman Court means the courts of the Cayman Islands.

  • Sale Order means an order or orders of the Bankruptcy Court in form and substance reasonably acceptable to Buyer and Seller approving this Agreement and all of the terms and conditions hereof, and approving and authorizing Seller to consummate the Transactions.

  • Interim Order means the interim order of the Court, as the same may be amended, in respect of the Arrangement, as contemplated by Section 2.3;

  • Final Financing Order means, the order of the Bankruptcy Court entered in the Chapter 11 Cases after a final hearing under Bankruptcy Rule 4001(c)(2) or such other procedures as approved by the Bankruptcy Court, which order shall be in form and substance reasonably satisfactory to the Agent and from which no appeal or motion to reconsider has been filed, together with all extensions, modifications and amendments thereto, in form and substance satisfactory to the Agent and the Required Lenders, which, among other matters but not by way of limitation, authorizes the Loan Parties to obtain credit, incur the Obligations, and grant Liens under this Agreement and the other Loan Documents, as the case may be, and provides for the super-priority of the claims of the Agent and Lenders, subject to the Carve- Out and Permitted Prior Liens.

  • Final Approval Order means the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit 5 hereto.

  • Final Approval Order and Judgment means the order in which the Court certifies the Settlement Class, grants final approval of this Settlement Agreement, authorizes the entry of a final judgment, and dismisses the Action with prejudice.

  • BC Court means the Supreme Court of British Columbia.

  • Preliminary Approval Order means the proposed Order Granting Preliminary Approval of Class Action Settlement, Approving Form and Manner of Notice, and Setting Date for Hearing on Final Approval of Settlement, which, subject to the approval of the Court, shall be substantially in the form attached hereto as Exhibit A.

  • Bidding Procedures Order means that certain order of the Bankruptcy Court, entitled “Order (A) Approving Sale Procedures and Bid Protections, Including Break-Up Fee(s), In Connection With Sale Of Substantially All Assets; (B) Scheduling An Auction For And Hearing To Approve One Or More Sales; (C) Approving Notice Of Respective Date, Time And Place For Auction And For Hearing On Approval Of Sale(s),” entered on January 16, 2009.

  • Financing Order means an order of the commission approving the issuance of securitization bonds and the creation of securitization charges and any corresponding utility rate reductions.

  • High Court means the High Court of Ireland.

  • Youth court means the court established pursuant to this chapter to hear all proceedings in

  • 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.

  • Bar Date Order means the Order (I) Setting Bar Dates for Filing Proofs of Claim, Including Requests for Payment under Section 503(B)(9), (II) Establishing Amended Schedules Bar Date and Rejection Damages Bar Date, (III) Approving the Form of and Manner for Filing Proofs of Claim, Including Section 503(B)(9) Requests, and (IV) Approving Notice of Bar Dates [Docket No. 482], as such order may be amended, supplemented, or modified from time to time.

  • Chosen Court has the meaning assigned in Section 8.5(b).

  • Sale Motion means the motion or motions of Sellers filed with the Bankruptcy Court seeking approval and entry of the Sale Order.

  • DIP Motion means a motion to be filed by the Debtors with the Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facility, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance reasonably acceptable to the Requisite Parties.

  • Adjudicative proceeding means the procedure to be followed in contested cases, as set forth in RSA 541-A:31 through RSA 541-A:36.

  • Final Order and Judgment means the final judgment and order of dismissal with prejudice to be entered in the Lawsuit in connection with the approval of the Settlement after the Final Approval Hearing.

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;