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Restructuring Process definition

Restructuring Process means the process associated with the filing and implementation for creditor protection and/or insolvency relief in Canada and/or in the U.S., including but not limited to the process of filing a claim as a creditor under the Companies’ Creditors Arrangement Act, the Bankruptcy and Insolvency Act, the U.S. Bankruptcy Code and/or related legislation in Canada or the U.S..
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Restructuring Process means a Scheme, a restructuring plan under Part 26A of the Companies Act, a consent solicitation process or any other in-court or out-of-court process in any jurisdiction by which the Restructuring may be implemented.
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Restructuring Process means the voluntary restructuring process between the co-financed corporate borrower and the institutional lender, outside the legal debt adjustment procedure, which aims to create the claim defined in Articles 8 to 11 of MNB Decree 39/2016. (X. 11.) as a result;
Sample 1

Examples of Restructuring Process in a sentence

  • This Agreement constitutes the entire agreement among the Parties with respect to the Restructuring Process contemplated herein and supersedes all prior agreements, oral, or written, among the Parties with respect thereto.

  • Since the retention of the Chief Restructuring Officer, the Restructuring Process has been led by the Chief Restructuring Officer and the Special Committee.

  • The Chief Restructuring Officer and the Special Committee review and evaluate issues arising in the Restructuring Process, and the Special Committee makes the key decisions concerning the Restructuring Process.

  • Letterhead of Financial Institution)To : All Parties (as defined under the Debtor-Creditor Agreement on Debt Restructuring) Dear Sirs ,Reference is made to the Debtor-Creditor Agreement on Debt Restructuring Process (the “Agreement”) and made between certain financial institutions (the “Creditors under this Agreement”).

  • APPENDIX – Debtor Accession (Letterhead of Debtor)To : All Parties (as defined under the Debtor – Creditor Agreement on Debt Restructuring Process)Dear Sirs ,Reference is made to the Debtor-Creditor Agreement on Debt Restructuring Process (the “Agreement”) and made between certain financial institutions (the “Creditors under this Agreement”) the Corporate Debt Restructuring Advisory Committee (“CDRAC”) and the Bank of Thailand (“BOT”).

  • This Agreement shall be binding on all Creditors under this Agreement for any and all Workouts, as soon as, and only if, the Debtor involved in the Workout duly executes a Debtor Accession to the Debtor-Creditor Agreement on Debt Restructuring Process.

  • The experience gained and lessons learned regarding human resources administration are captured in a separate report called “Management of Human Resources In A Restructuring Process: Lessons Learned From The Restructuring Of The Ex-Homeland Forests” August 200.

  • The principal terms of the Restructuring Process are set forth on the Term Sheet.

  • The Restructuring Process will be implemented through, among other things, the protocols and agreements attached as exhibits to this Agreement.

  • Griswold) [hereinafter Griswold Statement], http://oversight.house.gov/wp-content/uploads/2014/07/CMS-Griswold-OMHA- Final.pdf (reporting over 800,000 unprocessed appeals as of July 1, 2014.) [http://perma.cc/B48Z- PBVG]; James Swann, Medicare Appeals Backlog Could Be Reduced by Restructuring Process, Senator Says, BLOOMBERG BNA (Apr.


More Definitions of Restructuring Process

Restructuring Process means the Borrower’s efforts to enter into a refinancing commitment letter, asset purchase agreement, recapitalization or restructuring term sheet or restructuring support agreement, in each case, on terms acceptable to the Required Lenders.”
Sample 1

Related to Restructuring Process

  • Restructuring Plan means the Restructuring Plan attached hereto as Schedule 1.1.

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

  • Restructuring has the meaning set forth in the Recitals.

  • 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.

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

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

  • Permitted Restructuring means the completion of: (a) an offer made by, or on behalf of, an Eligible Company to all (or as nearly as may be practicable all) of the shareholders of the Issuer (or, if the Issuer is not then the Ultimate Owner, to the shareholders of the then Ultimate Owner) to acquire the whole (or as nearly as may be practicable the whole) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued ordinary share capital) other than those already held by or on behalf of such Eligible Company; or (b) a reorganisation or restructuring whether by way of a scheme of arrangement or otherwise pursuant to which an Eligible Company acquires all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued share capital) other than those already held by such Eligible Company or pursuant to which all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued capital) not held by the New Holding Company is cancelled;

  • Alternative Restructuring Proposal means any inquiry, proposal, offer, bid, term sheet, discussion, or agreement with respect to a sale, disposition, new-money investment, restructuring, reorganization, merger, amalgamation, acquisition, consolidation, dissolution, debt investment, equity investment, liquidation, tender offer, recapitalization, plan of reorganization, share exchange, business combination, or similar transaction involving any one or more Company Parties or the debt, equity, or other interests in any one or more Company Parties that is an alternative to one or more of the Restructuring Transactions.

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

  • 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 Memorandum means a document, to be included in the Plan Supplement, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Debtors and issuance of the New Valaris Equity, through the Chapter 11 Cases, the Plan, or any Implementation Mechanism (including, in the United Kingdom, through the Administration).

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

  • Restructuring related costs means reasonably incurred costs

  • Collaborative drug therapy management means participation by an authorized pharmacist and a physician in the management of drug therapy pursuant to a written community practice protocol or a written hospital practice protocol.

  • Coordinated External Transaction means a transaction to simultaneously purchase and sell energy on either side of a CTS Enabled Interface in accordance with the procedures of Operating Agreement, Schedule 1, section 1.13, and the parallel provisions of Tariff, Attachment K- Appendix.

  • Project Implementation Plan means the Project Implementation Plan referred to in paragraph 3 (a) of Schedule 4 to this Agreement, as same may be amended from time to time in agreement with the Association, and such term includes any schedules to the Project Implementation Plan;

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Primary dose monitoring system means a system which will monitor the useful beam during irradiation and which will terminate irradiation when a preselected number of dose monitor units have been delivered.

  • Secondary dose monitoring system means a system which will terminate irradiation in the event of failure of the primary dose monitoring system.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Beam monitoring system means a system designed and installed in the radiation head to detect and measure the radiation present in the useful beam.

  • Collaborative pharmacy practice agreement means a written and signed

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

Most Referenced Clauses

Most Referenced Definitions