Restructuring Exercise definition

Restructuring Exercise means the restructuring of the Company’s liabilities by way of (i) the Scheme; (ii) the Consent Solicitation Exercise; and (iii) the Bilateral Agreement.
Restructuring Exercise has the meaning ascribed to it in Recital (F);
Restructuring Exercise has the meaning ascribed to it at Recital (B). "Sale Shares" has the meaning ascribed to it at Recital (A). "SGD" or "S$" mean the official currency of the Republic of Singapore. "Vendor's Warranties" means the representations, warranties and undertakings on the part of the Vendor set out in Clause 5.1. "Warranties" means, collectively, the Vendor's Warranties and the Holdco's Warranties, and "Warranty" shall mean any one of such Warranties.

Examples of Restructuring Exercise in a sentence

  • The Company acknowledged and accepted, however, that the successful implementation of the Restructuring Exercise would require the continued uninterrupted involvement and participation of Yuchai’s current Chief Executive Officer on and subject to the terms (including remuneration) of his employment agreement.

  • The parties are aware that any failure or delay in the implementation of the Governance Requirements in Yuchai and/or impediment to CYI's ability to assert its ownership and management control over Yuchai for any reason, will negatively affect the implementation of the Restructuring Exercise.

  • The Convertible Loans shall be used by the Borrower for the acquisition of relevant assets of Shengda Nano and Shengda Chem pursuant to the Asset Acquisition Agreements as part of the Restructuring Exercise for the Initial Public Offering on the SGX-ST.

  • In connection with the Restructuring Exercise, SFEG is seeking pre-IPO financing (the “Pre-IPO Financing”).

  • However, the RMB 205,000 (US$24,769) loan would be repaid by YMLC in case the capitalization of the amount would bring adverse consequences to the Restructuring Exercise; - convene a board meeting to terminate the sale of the spare parts business of one of its subsidiaries; and - convene a board and shareholders meeting to approve the declaration and payment of a dividend for the financial years ended December 31, 2003 and 2004 of RMB 300,000 (US$36,247).

  • Following the completion of the Restructuring Exercise, 100% of the issued and paid-up shares of CCN will be held by the Company.

  • SFEG and IGS hereby agree that, in connection with the Restructuring Exercise, the Notes may, at the election of IGS, be repaid partly in cash or may be exchanged in part or whole for securities in SFG with terms no less favourable to IGS than the securities issued in the Pre-IPO Financing.Yours truly, Santa Fe Gold Corporation /s/ W.


More Definitions of Restructuring Exercise

Restructuring Exercise. The corporate restructuring exercise undertaken in connection with the Invitation as set out in the section titled “Restructuring Exercise” of this Offer Document
Restructuring Exercise the restructuring exercise to be carried out as between Shengda Nano, Shengda Chem and the Group to rationalise and streamline the corporate structure of the Group for-the purposes of the Initial Public Offering, pursuant to which the Group wiliacquire the assets of and carry out the business previously carried on by Shengda Nano and Shengda Chem

Related to Restructuring Exercise

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

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • 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.

  • Restructuring has the meaning set forth in the Recitals.

  • Restructuring Charges means any charges or expenses in respect of restructuring or consolidating any business, operations or facilities, any compensation or headcount reduction, or any other cost savings, of any Persons or businesses either alone or together with the Company or any Restricted Subsidiary, as permitted by GAAP or Regulation S-X under the Securities Act.

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

  • Net Exercise means a Net Exercise as defined in Section 6.3(b)(iii).

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

  • Exercise Event shall have the meaning ascribed to such term in Section 2(c).

  • Sponsor Exercise Fair Market Value means the average last reported sale price of the Ordinary Shares for the ten (10) trading days ending on the third (3rd) trading day prior to the date on which notice of exercise of the Private Placement Warrant is sent to the Warrant Agent;

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Restructuring Loss means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Terminating Capital Transaction means any sale or other disposition of all or substantially all of the assets of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets of the Partnership.

  • Restructuring Plan means the extrajudicial restructuring plan, filed with the Sao Paulo Bankruptcy and Reorganization Court on August 19, 2020 (the “Restructuring Plan Filing Date”), providing for the issuance of the Securities and of the New Notes in exchange for the restructuring of various financial debts of OEC and certain of its Affiliates, as duly amended from time to time.

  • Permitted Tax Restructuring means any reorganizations and other activities related to Tax planning and reorganization entered into prior to, on or after the date hereof (including the Transactions) so long as such Permitted Tax Restructuring is not adverse to the Lenders in any material respect (as reasonably determined by the Borrower in good faith); provided that the Transactions shall not be considered adverse to the Lenders, in any material respect.

  • Cash Exercise with respect to Warrant Shares; and/or

  • Broker Exercise Notice means a written notice pursuant to which a Participant, upon exercise of an Option, irrevocably instructs a broker or dealer to sell a sufficient number of shares or loan a sufficient amount of money to pay all or a portion of the exercise price of the Option and/or any related withholding tax obligations and remit such sums to the Company and directs the Company to deliver stock certificates to be issued upon such exercise directly to such broker or dealer.

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

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

  • Exercise means a Holder’s right to exercise the Securities, in accordance with Product Condition 3;

  • Restructuring Support Agreement has the meaning set forth in the Recitals.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Restructuring Expenses means losses, expenses and charges incurred in connection with restructuring by U.S. Borrower and/or one or more of its Subsidiaries, including in connection with integration of acquired businesses or persons, disposition of one or more Subsidiaries or businesses, exiting of one or more lines of businesses and relocation or consolidation of facilities, including severance, lease termination and other non-ordinary-course, non-operating costs and expenses in connection therewith.

  • 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.