Examples of Restructuring Steps Memorandum in a sentence
For the avoidance of doubt, any Interest in non-Debtor subsidiaries owned by a Debtor shall continue to be owned by the applicable Reorganized Debtor unless otherwise provided in the Restructuring Steps Memorandum.
On the Effective Date, the New Common Stock shall be issued and distributed to the Entities entitled to receive the New Common Stock pursuant to the Plan in accordance with the Restructuring Steps Memorandum.
The Separation shall have been completed in accordance with the Restructuring Steps Memorandum.
Issuance and Distribution of the New Common Stock On the Effective Date, the New Common Stock shall be issued and distributed to the Sponsors pursuant to the Plan and other Definitive Documentation in accordance with the Restructuring Steps Memorandum.
For the avoidance of doubt, unless otherwise set forth in the Restructuring Steps Memorandum, to the extent Reinstated pursuant to the Plan, on and after the Effective Date, all Intercompany Interests shall be owned by the same Reorganized Debtor that corresponds with the Debtor that owned such Intercompany Interests immediately prior to the Effective Date.