Restructuring Milestone definition

Restructuring Milestone means each of the milestones set out in Schedule 8 (Restructuring Milestones).
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Restructuring Milestone shall have the meaning given to it under Section 5.4 of the Note.
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Restructuring Milestone has the meaning given to that term in the Voting Support Agreement.
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Examples of Restructuring Milestone in a sentence

  • On August 12, 2002, the Bankruptcy granted final approval of the Debtors' Key Employee Restructuring Milestone Incentive and Income Protection Program.

  • The waiver period under each of the SSLF and SSCF waiver letters terminates on 24 September 2018, unless terminated early as a result of, among others: (i) the Group not being in a position to satisfy any information undertaking or satisfy any conditions subsequent; or (ii) if Edcon Limited, the super majority SSCF lenders and super majority SSLF lenders agree that there is no reasonable prospect of the Restructuring Milestone (as defined below) being reached on or before 31 May 2018.

  • Each Seller and each Transferred Subsidiary is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation and is in good standing in each jurisdiction where the character of the property owned or leased by it or the nature of its activities makes such qualification necessary, except where the failure to be so qualified or to be in good standing would not reasonably be expected to have a Material Adverse Effect on the Business.

  • Niagara Mohawk Power Corporation’s blanket authorization to import and export natural gas from and to Canada, granted in DOE/FE Order No. 3923 on November 10, 2016, extends through October 31, 2018.consistent with the public interest.

  • Motion to Implement a Key Employee Restructuring Milestone Incentive and Income Protection Program..........................................................28 9.

  • Each committee shall refer information to and coordinate activities with other appropriate committees.

Related to Restructuring Milestone

  • 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.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

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

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

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Milestone Event has the meaning set forth in Section 8.4.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

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

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

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

  • Target Net Working Capital Amount means $0.

  • Project Milestones means the project milestones set forth in Schedule-G;

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

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR

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

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the Shareholders. Such term does not include:

  • 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.