Restructuring Closing definition

Restructuring Closing means the completion of all transactions contemplated under the Plan of Arrangement;
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Restructuring Closing means the “Closing” as defined in the Restructuring Agreement.
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Restructuring Closing has the meaning ascribed thereto in Section 2.9 hereof.
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Examples of Restructuring Closing in a sentence

  • This Agreement has been duly executed and delivered by it and all Ancillary Agreements and Instruments to be executed and delivered by it in connection with this Agreement have been duly executed and delivered by it as of the date hereof or will be executed and delivered by it on or prior to the Restructuring Closing Date.

  • The Discharger shall comply with all Standard Financial Assurance Specifications listed in Section H of the SPRRs dated December 2015 which are attached hereto and made part of this Order by reference.

  • If the Rooster Restructuring Closing Date occurs, the Intercompany Claims either (A) reinstated; or (B) cancelled and released without any distribution on account of such Claims discharged, in each case (A) and (B) in a tax and business efficient manner acceptable to Corn Meal.

  • Either the Plan Sponsor or the Company shall have the right to terminate this Agreement if the Restructuring Support Agreement has been terminated as to all parties thereto in accordance with its terms (other than due to the occurrence of the Restructuring Closing Date).

  • As of the Rooster Restructuring Closing Date, the Equity Interests in each of the Rooster Debtors will not receive any distribution on account of their Equity Interests, and the Equity Interests will be cancelled and discharged, and will be of no further force or effect, whether or not surrendered for cancellation or otherwise.

  • Immediately prior to the Restructuring Closing, Holdings shall make a distribution to its members pursuant to Section 4.1(b) of the LLC Agreement but only with respect to income of Holdings allocable to them (i.e., not otherwise "as a result of their participation in the Company"), which distribution shall be based on estimated taxable income of Holdings through the Closing Date and shall be determined consistently with past practice of the Company.

  • The Parties agree that taxable income of Holdings shall be allocated between the portion of the taxable year of Holdings prior to the Restructuring Closing and following the Restructuring Closing based on a closing of the books of Holdings as of the close of business on the of the Restructuring Closing.

  • As of the Rooster Restructuring Closing Date, each of the Reorganized Rooster Debtors will adopt the New Corporate Governance Documents.

  • If by the close of business (New York time) on the fifth Business Day following the Restructuring Closing Date (the "Unwinding Date"), the Public Offering Closing Date has not occurred as provided in the Underwriting Agreement, the Restructuring Transactions shall be rescinded nunc pro tunc without any further action by the Parties.

  • Without limiting the foregoing, the Reorganized Rooster Debtors may pay the charges that they incur from and after the Rooster Restructuring Closing Date for Professional Compensation Claims, disbursements, expenses, or related support services (including fees relating to the preparation of Professional applications) without application to, or the approval of, the Bankruptcy Court.


More Definitions of Restructuring Closing

Restructuring Closing. Section 1.5(b)
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Restructuring Closing means the date on which every Lender has executed a Loan Modification Agreement with the Company and all conditions precedent to the effectiveness and closing of all such Loan Modification Agreements have been fulfilled.
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Restructuring Closing means the closing of the transactions contemplated by the Pre-Closing Restructuring.
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Restructuring Closing is defined in Section 2.1.
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Restructuring Closing shall have the meaning given such term in --------------------- Section 4. ----------
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Restructuring Closing means the consummation of the Restructuring.
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Related to Restructuring Closing

  • Pre-Closing Restructuring has the meaning specified in Section 6.14(a).

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Restructuring Date means the date on which a Restructuring is legally effective in accordance with the terms of the documentation governing such Restructuring.

  • Restructuring Transactions Memorandum means a document, to be included in the Plan Supplement, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Debtors and issuance of the New Valaris Equity, through the Chapter 11 Cases, the Plan, or any Implementation Mechanism (including, in the United Kingdom, through the Administration).

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Second Closing has the meaning set forth in Section 2.2.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Merger Closing means “Closing,” as that term is defined in the Merger Agreement.

  • Closing means the closing of the purchase and sale of the Securities pursuant to Section 2.1.

  • Closing Debt means the aggregate principal amount of, and accrued interest on, all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Restructuring Documents means, collectively, the documents and agreements (and the exhibits, schedules, annexes and supplements thereto) necessary to implement, or entered into in connection with, this Plan, including, without limitation, the Plan Supplement, the Exhibits, the Plan Schedules, the Amended/New Organizational Documents, the Exit Facility Loan Documents, and the Plan Securities and Documents.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.