Examples of Reorganization Resolution in a sentence
Loans originating after the Reorganization Resolution shall be repaid in accordance with the agreed-upon terms and tenors.
This class includes creditors whose claims are secured by pledges or mortgages duly constituted as of the date of the Reorganization Resolution (the “Secured Creditors”).
Credits arising after the Reorganization Resolution shall be paid on the terms and terms originally agreed.
To this end, the conversion of any currency or unit of currency other than the Peso will be carried out in accordance with the exchange rate or monetary convertibility existing on the day on which the Reorganization Resolution was issued, that is, on February 9, 2024, in accordance with the information provided by the Central Bank of Chile for that day.
Subject to the terms of this Agreement, ZAD shall convene and conduct the ZAD Meeting as soon as reasonably practicable, for the purpose of considering the Reorganization Resolution.
The obligations of the Parties under this Agreement are subject to (i) receipt of all regulatory approvals, including the TSXV (if applicable), and (ii) approval of the Reorganization Resolution by the ZAD Shareholders.
For purposes of this Judicial Reorganization Agreement, creditors (hereinafter, indiscriminately, the “Creditors”) shall all be considered holders of direct loans against ENJOY S.A. (hereinafter, indiscriminately, “Enjoy,” the “Petitioner,” “Debtor Company” or “Company”), which originated prior to the Reorganization Resolution, pursuant to Article 66 of Law 20,720.
In a sense this is what Casarez-Levison (1992) describes as the Reorganization/ Resolution stage of dealing with victimization.
For purposes of this Judicial Reorganization Agreement, creditors (hereinafter, indiscriminately, the “Creditors”) shall be considered all holders of direct loans against ENJOY S.A. (hereinafter, indiscriminately, “Enjoy,” the “Debtor Company” or the “Company”), which originated prior to the Reorganization Resolution, pursuant to Article 66 of Law 20,720.
It is recognized by the parties that ZAD Shareholders will have a right to dissent to the Reorganization Resolution in accordance with the applicable provisions of the Business Corporations Act (British Columbia).