Reorganisation Plan definition

Reorganisation Plan means the reorganisation plan (as amended from time to time in accordance with Clause 6.7) for each jurisdiction in which there is a Delayed NSC and which details: (i) where appropriate, the legal steps required for the establishment of the NSC Newco in the relevant jurisdiction; (ii) the Transfer Conditions; (iii) the other permits, consents, licences and regulatory approvals (which are not Transfer Conditions) in connection with the trading and operations of the NSC Newco or Target Company; (iv) the steps required to be undertaken for the Embedded NSC Assets, applicable NSC Transferring Employees and applicable related Assumed Liabilities of the Delayed NSC to be transferred into the relevant NSC Newco, the relevant Target Company or the relevant Third Party Importer; (v) where appropriate, the steps required for the sale of shares in the NSC Newco to the Buyer; or a Target Company (vi) where appropriate, the steps to create a list of accounts and opening balance sheet for the NSC Newco; and (vii) which annexes a compilation of the assets by category of the Embedded NSC Assets and the Seller’s best estimate of the Assumed Liabilities in respect of the Delayed NSC; Replacement Dealer Agreement has the meaning given to that term in Schedule 9; Replacement Prospective Dealer Agreement or Framework Agreement has the meaning given to that term in Schedule 9; EXECUTION VERSION
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Reorganisation Plan means the steps set out in Schedule 11 (Reorganisation Plan)."
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Reorganisation Plan means the provisions of Schedule 2 (Reorganisation Plan).
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Examples of Reorganisation Plan in a sentence

  • The outstanding amount will be paid to the Group proportionally and pari passu with other creditors of Sete as part of, and out of proceeds of, its Judicial Reorganisation Plan.

  • Following the approval of the Reorganisation Plan, significant debt write offs already took place.

  • The receivables the Group has with Sete of approximately US$260,000,000 shall be recognised as an undisputed debt and be recognised as part of the debt under the Judicial Reorganisation Plan.

  • Moreover, considering the flaws in R/BDO's comparison between the Reorganisation Plan and liquidation, a diligent MEO would have taken with a lot of caution the results of this study into account at the time of the vote.

  • A MEO would also have taken into account the fact that, in view of the numerous past failures, there was a high probability of failure or of severe delays attached to the Reorganisation Plan: engaging into that way meant that Oltchim SA was allowed to commit to significant additional current debt, that would be pre-deducted from the proceeds of a liquidation, would the sale of Oltchim SPV foreseen in the Reorganisation Plan fail (or take longer as expected).

  • It is enough that it lost [RON] 136 million through the [R]eorganisation [P]lan.

  • In particular, in the absence of a notified restructuring plan (the Romanian authorities do not claim the eligibility of the measures as restructuring aid), the Commission could not evaluate the components of the Reorganisation Plan, including investment and modernisation measures, nor evaluate whether the measures would restore long-term viability and would be kept to a minimum, so that undue distortions of competition would be avoided.

  • At the very time of the Creditors' Assembly vote in March 2015, AAAS's choice was restricted between liquidation and the Reorganisation Plan, a result of AAAS's previous inaction.

  • In the same vein, both private entities and public entities that signed it committed to do their part in a long term strategy to restructure Oltchim, long before any vote on a potential Reorganisation Plan in the Creditors' Assembly.

  • The Reorganisation Plan of Oltchim has not yet been completed at this date, given that the new tender for the sale of the remaining Oltchim's assets is still ongoing and not expected to be complete before April 2019.


More Definitions of Reorganisation Plan

Reorganisation Plan means the steps set out in the paper from PriceWaterhouse Coopers (the form of which is set out in Annex 1 to this Agreement), pursuant to which the Borrower Group will be reorganised. SEC means S.E.C. Luxembourg S.A.
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Reorganisation Plan has the meaning set forth in Recital (A) hereof.
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Reorganisation Plan means, the steps plan set out in the paper prepared by PwC US Tax LLP entitled Primo Water Corporation, Project Pure 2.0 and dated November 2023, to be updated in accordance with the comments provided by FBD on 2 November 2023, in the Agreed Terms;
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Reorganisation Plan means the corporate reorganisation to be completed on or prior to the Programme Date, as described in a steps paper prepared by ENW dated 14 April 2009;
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Reorganisation Plan means the plan with respect to the Reorganisation which is set out in Schedule 5 of this Agreement. Representative of a party includes an officer, employee, agent, auditor, adviser, financier (including syndicatees), insurance broker, partner, associate, contractor, consultant, joint venturer or sub-contractor of that party or of a Related Body Corporate of that party. Sale Shares means all of the issued shares in the capital in the Target Company. Second Meeting means the meeting to be held pursuant to section 439A of the Corporations Act in respect of each of the Target Company, the Seller and Casa Technologies. Secured Finance Party means the Delaware Trust Company and any assignee, novatee or subrogee of those parties (each a Secured Finance Party). Secured Finance Party's Security Interest means all Security Interests of the Secured Finance Party over the assets of, or in relation to, the Target Company. Security Interest means: (a) a PPS Security Interest; (b) any other mortgage, pledge, lien or charge; or (c) any other interest or arrangement of any kind that in substance secures the payment of money or the performance of an obligation, or that gives a creditor priority over unsecured creditors in relation to any property. Seller Consent Contracts means each of the contracts with each counterparty listed in Part B of Schedule 3. Seller Consenting Counterparty means each party to a Seller Consent Contract other than the Seller. Seller Group means the Seller, the Target Company, Casa Technologies and the Subsidiaries (and a member of the Seller Group means any one of them), excluding after Completion, the Target Group.
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Related to Reorganisation Plan

  • Reorganisation means (without limitation) any transaction, deemed transaction, step, procedure or agreement, including (but without limitation) the transfer, distribution, contribution or settlement of assets and/or liabilities.

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation, merger or consolidation whereby all or substantially all the business, undertaking or assets of the Issuer are transferred to a successor entity which assumes all the obligations of the Issuer under the Capital Securities.

  • Organisation means a legal body which exists separately and distinctly from its members and includes companies, building societies, community benefit societies, local authorities and so on and also for the purposes of these Rules includes unincorporated organisations such as social clubs, branches of political parties or trade unions and other voluntary bodies.

  • Demerger means a demerger pursuant to Chapter 17 of the Finnish Companies Act (624/2006 as amended from time to time).

  • CCAA means the Companies’ Creditors Arrangement Act (Canada).

  • research organisation means a legal entity established as a non-profit organisation which carries out research or technological development as one of its main objectives;

  • international organisation means an organisation and its subordinate bodies governed by public international law, or any other body which is set up by, or on the basis of, an agreement between two or more countries.

  • Restructuring Plan means the extrajudicial restructuring plan, filed with the Sao Paulo Bankruptcy and Reorganization Court on August 19, 2020 (the “Restructuring Plan Filing Date”), providing for the issuance of the Securities and of the New Notes in exchange for the restructuring of various financial debts of OEC and certain of its Affiliates, as duly amended from time to time.

  • Classification plan means the orderly arrangement of positions within an agency into separate and distinct job families so that each job family will contain those positions which involve similar or comparable skills, duties and responsibilities [74:840 1.3].

  • Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.

  • Rehabilitation Plan means a written plan designed to enable the Employee to return to work. The Rehabilitation Plan will consist of one or more of the following phases:

  • Action Plan means an action plan as defined in the AEP Regulations in relation to the Premises;]

  • Scheme of Arrangement means a scheme of arrangement, share for share exchange or analogous procedure.

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

  • Chapter 11 Plan means a plan of reorganization or liquidation filed in any of the Chapter 11 Cases under Section 1121 of the Bankruptcy Code.

  • BCBCA means the Business Corporations Act (British Columbia);

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Scheme means the Water Regulations Advisory Scheme;

  • Split shift means a work schedule, which is interrupted by non-paid non-working periods established by the employer, other than bona fide rest or meal periods.