Restructuring definition

Restructuring has the meaning set forth in the Recitals.

Restructuring means that, with respect to one or more Obligations and in relation to an aggregate amount of not less than the Default Requirement, any one or more of the following events occurs in a form that binds all holders of such Obligation, is agreed between the Reference Entity or a Governmental Authority and a sufficient number of holders of such Obligation to bind all holders of the Obligation or is announced (or otherwise decreed) by the Reference Entity or a Governmental Authority in a form that binds all holders of such Obligation (including, in each case, in respect of Bonds only, by way of an exchange), and such event is not expressly provided for under the terms of such Obligation in effect as of the later of the Credit Event Backstop Date and the date as of which such Obligation is issued or incurred:

Restructuring has the meaning set forth in the recitals to this Agreement.

Examples of Restructuring in a sentence

• For any Restructured Loan included in the sale gain or loss on sale will be calculated as (a) the sale price received by the Assuming Bank less (b) the net present value of estimated cash flows on the Restructured Loan that was used in the calculation of the related Restructuring Loss plus (c) Loan principal payments collected by the Assuming Bank from the date the Loan was restructured to the date of sale.

• Restructuring of all such security or charge and reallocation of existing credit facilities granted by the secured creditors shall be given effect to only with the mutual consent of the concerned secured creditors and the Board of Directors of the Transferor Company and the Transferee Company.

• The calculation of recovery on a loan for which a Restructuring Loss has been paid will only apply if the loan is sold.

More Definitions of Restructuring

Restructuring means the occurrence of any one or more of the following:

Restructuring has the meaning assigned to such term in the Reorganization Agreement.

Restructuring shall have the meaning set forth in Section 2.1(a).

Restructuring means the restructuring of the Debtors, the principal terms of which are set forth in the Plan and Plan Supplement.

Restructuring means the financial and corporate restructuring of the Group in accordance with and as implemented through the 211B Proceedings, the Hyflux Scheme, the HE Scheme, the HMM Scheme, the Scheme and the Restructuring Documents.

Restructuring means the restructuring of the Debtors on the terms of the Plan.

Restructuring means measures aimed at restructuring the debtor's business that include changing the composition, conditions or structure of a debtor's assets and liabilities or any other part of the debtor's capital structure, such as sales of assets or parts of the business and, where so provided under national law, the sale of the business as a going concern, as well as any necessary operational changes, or a combination of those elements;