Restructuring Terms definition

Restructuring Terms means each of the Existing Facility Amendment Terms, the Super Senior Facility Terms, and the Intercreditor Terms.
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Restructuring Terms means the terms of the Restructuring as set out in Schedule 2 (Restructuring Terms) in the Agreed Form.
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Restructuring Terms means the terms of the Restructuring set out in Schedule 3 (Restructuring Terms).
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Examples of Restructuring Terms in a sentence

  • During the Restructuring Period, the Company shall comply with the undertakings set out in Schedule 10 (Restrictions on the Group), save to the extent necessary in order to implement the Restructuring or the Revised Restructuring in accordance with the Restructuring Terms or the Revised Restructuring Terms (as the case may be).

  • The terms and conditions of the Offering will be consistent with the Restructuring Terms, including the deposit of the Purchase Price and stock certificates, to the extent applicable, representing the Preferred Shares in escrow until the Effective Date or termination of the Plan by the Company.

  • The intercreditor relationships among, among others, the fronting banks and participants under the New Trade Finance Facility and the New Hedging Support Facility and the holders of the New Trading Co Bonds will be set out in an intercreditor agreement which reflects, among other things, the Intercreditor Principles (see Section 6 (Intercreditor Principles Term Sheet) of Schedule 2 (Restructuring Terms)).

  • In accordance with Clause 9.1(a)(vi) of the Group ICA, Abenewco 1 hereby confirms that the New Financial Debt will not be used for the purpose of making any Payment in respect of the Senior OM Creditor Liabilities, Junior OM Creditor Liabilities or the Affected Debt subject to the Standard Restructuring Terms, as all these terms are defined in the Group ICA.

  • The Parties shall cooperate with each other in good faith and shall coordinate their activities (to the extent practicable) in respect of (a) all matters relating to their rights in respect any member of the Company Group or otherwise in connection with their relationship with the members of the Company Group, (b) all matters concerning the implementation of the Restructuring Terms, and (c) the pursuit and support of the Restructuring Transaction.

  • The terms and conditions of the Offering shall be consistent with the Restructuring Terms, including the deposit of the Purchase Price and stock certificates representing the Preferred Shares in escrow until the Effective Date or termination of the Plan.

  • Subject to Section 6.6(b) and to the extent permitted by the FTC Orders, each of the Sellers and the Purchaser agree to use its reasonable best efforts to cause all of the conditions to each of their obligations to consummate the transactions contemplated hereby to be satisfied, which shall include, in the case of the Sellers, consummation of the transactions contemplated by the Restructuring Terms, as soon as practicable after the date of this Agreement.

  • Such commercial agreements will not be extended to Non-Consenting Creditors (as defined in the Restructuring Agreement), but rather for these creditors there will be an extension of Standard Restructuring Terms (as defined in the Restructuring Agreement), as carried out through the Homologation, the Non-Spanish Compromise Proceedings and the Recognition Proceedings.

  • The Company and its subsidiaries propose to consummate a plan of reorganization (the "Plan") in cases filed under chapter 11 of title 11 of the United States Code (the "Chapter 11 Cases"), on terms and conditions consistent in all material respects with this Agreement, the Silver Point Commitment Letter (defined below) and the Term Sheet (defined below)(the "Restructuring Terms").

  • All such IP Licenses are valid, enforceable, and in full force and effect and will continue to be on identical terms immediately following the completion of the transactions contemplated by this Agreement and the transactions contemplated by the Restructuring Terms, subject to Section 6.22.


More Definitions of Restructuring Terms

Restructuring Terms means those transactions, and the terms therefor, set forth on Exhibit G.
Sample 1
Restructuring Terms means the proposed adjustments of maturities, interest rates and principal haircut for each type of Qualifying Debt, including any related conditions and proposed options.
Sample 1
Restructuring Terms means the proposed adjustments of maturities, interest rates and principal haircut for each type of General External Debt pursuant to a Restructuring Proposal, in- cluding any related conditions and proposed options, value recovery terms or commitments by the relevant creditor to extend new credit.
Sample 1

Related to Restructuring Terms

  • Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.

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

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

  • 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.

  • Existing Term Loan Agreement has the meaning set forth in the recitals hereto.

  • 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).

  • Existing Term Loans has the meaning specified in Section 2.16(a).

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

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

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

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

  • 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 Effective Date has the meaning set out in the Restructuring Implementation Deed;

  • Refinancing Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

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

  • 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;

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Alternative Acquisition Agreement has the meaning set forth in Section 5.3(d).

  • Restructuring Costs means the costs, including both direct and indirect, of restructuring activities. Restructuring costs that may be allowed include, but are not limited to, severance pay for employees, early retirement incentive payments for employees, employee retraining costs, relocation expense for retained employees, and relocation and rearrangement of plant and equipment. For purposes of this definition, if restructuring costs associated with external restructuring activities allocated to DoD contracts are less than $2.5 million, the costs shall not be subject to the audit, review, and determination requirements of paragraph (c)(4) of this subsection; instead, the normal rules for determining cost allowability in accordance with FAR Part 31 shall apply.

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Existing Termination Date as defined in Section 2.18.

  • Term Sheet means any term sheet that satisfies the requirements of Rule 434 under the Act. Any reference herein to the "date" of a Prospectus that includes a Term Sheet shall mean the date of such Term Sheet.

  • Definitive Acquisition Agreement means any definitive written agreement entered into by the Company that is conditioned on the approval by the holders of not less than a majority of the outstanding shares of Common Stock at a meeting of the stockholders of the Company with respect to (i) a merger, consolidation, recapitalization, reorganization, share exchange, business combination or similar transaction involving the Company or (ii) the acquisition in any manner, directly or indirectly, of more than 50% of the consolidated total assets (including, without limitation, equity securities of its subsidiaries) of the Company and its Subsidiaries.