Examples of Restructuring Plan in a sentence
Assets and liabilities (gross block, loans and equity), as on the date mentioned in the notification, have been considered by the Commission in line with the Financial Restructuring Plan (FRP), as approved by Government of Gujarat.
From and after the Effective Time, upon the reasonable request of a party hereto, each other party hereto will promptly take, or cause its Subsidiaries to promptly take, all commercially reasonable actions necessary or appropriate to fully accomplish the Restructuring and to give effect to the transactions provided for in this Agreement, including each step in the Restructuring Plan, in accordance with the purposes hereof.
The PAE must ensure long-term compliance by the owner with MAHRA, this part, and the Restructuring Plan.
For any period of time from an Independent Director Absence Date until the date on which the board of directors of the Company again includes at least the number of independent board members required by, and in accordance with, the Restructuring Plan, the board of directors of the Company shall not approve, enact or otherwise authorize any resolution that fails to comply with Clause 4.1.1.4 of the Restructuring Plan.
Under the Restructuring Plan, principal payments under the bonds issued by the Company and originally due in the years 2013 to 2015 were deferred for a period of four and a half years, and principal payments originally due in 2016 and 2017 were deferred for a period of one year.