Restructuring Memorandum definition
Examples of Restructuring Memorandum in a sentence
Adopt a new plan or make any material changes in the plan or the Company's and its Subsidiaries operation of the Company's business as set forth in the Confidential Information Memorandum and that certain Summary Plan of Restructure and Growth dated April 30, 1998 (the "Restructuring Memorandum").
Any actions taken or to be taken for purposes of the Restructuring in accordance with the Restructuring Memorandum or the Restructuring Framework Agreement shall not constitute a Deemed Liquidation Event.
In the event of a Restructuring, from and after the Effective Date, the Reorganized Debtors, including Reorganized Starry Holdings, shall be authorized to make and to instruct any of their wholly-owned subsidiaries to make any elections available to them under applicable law with respect to the tax treatment of the Restructuring as specified in the Restructuring Memorandum.
Accordingly, the Existing Shareholders covenant and agree that they shall complete a restructuring of the Company and the Affiliates in accordance with the provisions of the Restructuring Memorandum identical in the form of Appendix 8 hereto (the “Restructuring”).
A declaration of the Borrower (signed by an authorised signatory) addressed to the Agent declaring that paragraphs 28 to 33 of step 4 of the Corporate Restructuring Memorandum has been completed.
The Seller shall cause the Group Companies to complete the restructuring of the Group Companies set forth in the Restructuring Memorandum, each according to the terms of the applicable Ancillary Documents.
Save as contemplated by the Corporate Restructuring Memorandum, the Borrower shall ensure there is no substantial change made to the general nature of its business from that carried on at the date of this Agreement.
The Borrower shall not enter into any amalgamation, demerger, merger or, save as contemplated by the Corporate Restructuring Memorandum, corporate reconstruction.
Prior to such repayment, the Purchasers undertake to use all reasonable endeavours to procure that the annual audit of the financial statements of Majortrans Flytteservice AS (Majortrans) is completed as soon as practicable and, within 5 Business Days of completion of such audit, the Outstanding External Debt is repaid (whether by Majortrans and Rettenmayer implementing the steps outlined in Steps 10.1 and 10.2 of the Pre-sale Restructuring Memorandum or otherwise).