Examples of Reorganization committee in a sentence
If the Reorganization Committee unanimously agrees in writing to modify the Reorganization Plan with such revision, then the Reorganization Committee shall implement such revision to the Reorganization Plan and Exhibit 6.1 shall be revised accordingly and all references to Exhibit 6.1 shall be deemed to be references to Exhibit 6.1 as so revised.
In addition to the terms defined elsewhere in this Agreement, the following terms have the meanings set forth in this Section 1.1: 1 The Abbott Shareholders may be modified as of the Closing Date to take into account any changes in the Reorganization Plan approved by the Reorganization Committee pursuant to Section 6.2 of the Business Transfer Agreement.
The Board of Directors has a Special Reorganization Committee comprised of Messrs.
Joseph Natale (who was President of VGI Latin America) to the nascent Executive Task Force: Reorganization Committee, as co-chair with Zhabilov Jr. The purpose of the Committee was to identify and implement a strategic plan for the growth and reorganization of VGI as a sustainable business entity.
Without limitation of the foregoing obligations, the Seller designees to the Reorganization Committee will provide updates on the status of the Pre-Closing Reorganization at each meeting and seek relevant input from the Purchaser designees.
In accepting the position, Mr. Collins stated, "As we move this restructuring to its conclusion the Reorganization Committee and the Board of Directors of Friede Goldman will continue to work diligently with the Creditors Committee to maximize the value of the estate for both the secured and unsecured creditors." Friede Goldman Halter is a leader in the design and manufacture of equipment for the maritime and offshore energy industries.
The Reorganization Committee shall convene on at least a twice monthly basis between the date of this Agreement and the Closing Date.
See "GENERAL INFORMATION" - The Debtors and Chapter 11 Filing and other Chapter 11 Events" for a further description of the Special Reorganization Committee.