Examples of Restructuring Effective Date in a sentence
This Agreement shall terminate automatically without any further required action or notice on the earlier of (i) the Outside Date and (ii) the Restructuring Effective Date.
As of the Restructuring Effective Date, none of the Assignment Revenues or the Assignment Collateral constitutes, or is Proceeds of, farm products, timber to be cut or as-extracted collateral.
If those Senior Creditors do not nominate an individual who accepts such appointment on and from the Restructuring Effective Date, the Ad Hoc Group may nominate such other individuals to the initial Board such that the Board comprises between five and seven directors, which decision shall be at the Ad Hoc Group’s discretion.
Transfer Restrictions Each lender under the New Money Facility (a “New Money Lender”) shall be free to transfer its commitments in the New Money Facility at any time after the New Money Facility has been utilised, in whole or in part, to another New Money Lender who is an original lender under the New Money Facility on the Restructuring Effective Date (an “Original Lender”).
If a qualified IPO or Permitted Sale has not taken place within 24 months of the Restructuring Effective Date, NewCo shall take actions in furtherance of effecting an IPO as soon as commercially practicable (including engaging underwriters and other advisors).