Reorganization Resolution definition
Examples of Reorganization Resolution in a sentence
Credits arising after the Reorganization Resolution shall be paid on the terms and terms originally agreed.
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”).
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.
Loans originating after the Reorganization Resolution shall be repaid in accordance with the agreed-upon terms and tenors.
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.
If the Interim Order is obtained and the Reorganization Resolution is passed at the Meeting as provided for in the Interim Order, Encana shall take all steps necessary or desirable to submit the Arrangement to the Court and diligently pursue an application for the Final Order pursuant to subsection 192(4)(e) of the CBCA.
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.
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).
Subject to the provisions of this Section 7.8, the provisions in this Agreement regarding Tundra’s obligations respecting the approval of the Arrangement Resolution shall apply mutatis mutandis to the approval of the Reorganization Resolution.
The Reorganization Resolution Process during remote learning, agreed upon on June 17, 2020, and the Operational Issues Agreement agreed upon on March 20, 2020 shall remain in full force unless otherwise agreed upon by the parties.