Reorganization Business Plan definition

Reorganization Business Plan means the Debtor’s three-year business plan for the years 2019-2021, as more fully described in Article II.F.2 of the Disclosure Statement.
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Examples of Reorganization Business Plan in a sentence

  • Accordingly, the Parent has agreed, subject to occurrence of the Effective Date on or before June 21, 2019, to provide the Parent Commitment for the purpose of funding the Reorganization Business Plan.

  • Without the Parent Commitment, the Debtor will likely be unable to finance the Reorganization Business Plan, thereby precluding its ability to continue operating as a going concern.

  • Any suspect of terrorism can be imprisoned for up to 24 days without arrest warrant, organizations so-declared can find their bank accounts frozen – with no due process in place to challenge the allegations.

  • The Parent is prepared to provide the necessary consent along with funding necessary for implementing the Reorganization Business Plan in the approximate amount of $36 million, subject to the Debtor’s ability to achieve a timely and successful restructuring through this Chapter 11 Case.

  • On the Effective Date, the Debtor will obtain the Parent Commitment providing for, among other things, funding from the Parent that will be used to fund the Reorganization Business Plan and the Parent’s consent to the Debtor’s assumption of the License Agreement.The table below summarizes the classification, treatment, and estimated percentage recoveries of classified Claims and Interests under the Plan.

  • Magalingam,P., Maarop, N., Ganthan, NS., Sakib,A., Safie, W.,N.,H.,W., Rijal, M., K., Fang, L., Y., Yasin, M., (2018), ‘Exploratory Experiment On Co-Authorship Network Using Social Network Analysis Metrics And Measures’, International Journal Of Engineering And Technology(UAE), Vol 7, pp.

  • The Reorganization Business Plan is therefore critical to the Debtor’s long-term viability.

  • With the relief afforded by the chapter 11 process, however, the Debtor will be able to pays its trade vendors in full and implement its Reorganization Business Plan to return to profitability, continue to employ the vast majority of its employees, and create new jobs through new store openings.

  • The formal Khovanov bracket can be extended to tangles,i.e. to “parts of link diagrams” bounded within a circle.

  • Absent the ability to reject unprofitable unexpired leases and executory contracts through chapter 11, the Debtor would lack the runway and funding necessary to implement the Reorganization Business Plan, which is crucial to the Debtor’s long-term viability.

Related to Reorganization Business Plan

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

  • Reorganization Transactions shall have the meaning set forth in the recitals.

  • Reorganization Agreement has the meaning set forth in the recitals.

  • Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • 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.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Distribution Business means the business of operating and maintaining a distribution system for supplying electricity in the area of supply of the Distribution Licensee;

  • Significant business transaction means any business transaction or series of transactions that, during any one fiscal year, exceeds the lesser of $25,000 or 5 percent of the total operating expense of a provider.

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of September 30, 2021, as presented in the Information Statement made available to the Record Holders.

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Corporate Reorganization means any change in the legal existence of any Obligor (other than a Capital Reorganization) including by way of amalgamation, merger, winding up, continuance or plan of arrangement.

  • Initial Business Plan means the business plan to be provided by the Franchisee to the Secretary of State as described in paragraph 2.1 of Schedule 13 (Information and Industry Initiatives);

  • Business Plan means the information required to be supplied to the

  • SpinCo Business has the meaning set forth in the Separation and Distribution Agreement.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Parenting plan means a plan referred to in section 119;

  • Steps Plan means a plan evidenced by Eligible Information contemplating that there will be a series of successions to some or all of the Relevant Obligations of the Reference Entity, by one or more entities.

  • Spinoff means a transaction in which the Transferor Plan transfers only part of its assets and/or liabilities to the Transferee Plan. The Transferee Plan may be a New Plan that is created in the Spinoff, or it may be a preexisting plan that simply receives part of the assets and/or liabilities of the Transferor Plan.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

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

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • Closed panel plan means a plan that provides health benefits to covered persons primarily in the form of services through a panel of providers that have contracted with or are employed by the plan, and that excludes benefits for services provided by other providers, except in cases of emergency or referral by a panel member.

  • Reorganization Documents means the Reorganization Agreement, this Agreement, the Tax Receivable Agreement, the Exchange Agreement, the Registration Rights Agreement, the Clear Secure Subscription Agreement and the MIP.

  • Parent Benefit Plan means any Employee Benefit Plan maintained by, sponsored by or contributed to by, or obligated to be contributed to by any Parent Group Entity.