Restructuring Process definition

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 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 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;
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Examples of Restructuring Process in a sentence

  • The Interim (Full) Mark-to-Market Renewal Contract expires by its terms upon the earlier of: 1) twelve (12) months; 2) last day of the month of closing under the Restructuring Commitment; 3) upon a final determination as defined in MAHRA and the Regulations (“Final Determination”) that results in the discontinuance of the Restructuring process or that the owner is in default under the renewal contract.

  • The Restructuring process is regulated by the Law of Republic of Lithuania on Restructuring.

  • Under the Media Restructuring process, SPH Media would be transferred to a public company limited by guarantee (“CLG”) for a nominal sum.

  • Fair value of non-current borrowings with fixed interest rate could not be estimated reliably, as main companies of the Group are under Restructuring process since 2009.

  • REPORT FOLLOWING APPOINTMENT OF CAMPAIGN TREASURER...............................................................................................................................................

  • This brings up a very important need of accurate quantification (McCluskey and Devery 1993; Guardiola et al.

  • Currently Group’s management vision coincides with the main creditors vision regarding the activities, future profitability of the Group and the ability to successfully pass the Restructuring process.

  • In the event that an agreement executed with a debtor under the Framework Agreements is accepted by at least two-thirds in terms of the amount of receivables of the Creditor Institutions, then, all of the Creditor Institutions which have signed the Framework Agreement shall be under obligation to restructure the receivables and to comply with the provisions pertaining to the Financial Restructuring process.

  • The Interim (Full) Mark-To-Market Renewal Contract expires by its terms upon the earlier of: 1) twelve (12) months;2) last day of the month of closing under the Restructuring Commitment; 3) upon a final determination as defined in MAHRA and the Regulations (“Final Determination”) that results in the discontinuance of the Restructuring process or that the Owner is in default under the renewal contract.

  • The interest-bearing debt (note 12) shall either be redeemed or compromised through the Restructuring process.


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.”
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Related to Restructuring Process

  • 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.

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

  • Restructuring related costs means reasonably incurred costs

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • 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.