Reverse Vesting Order definition

Reverse Vesting Order means an Order of the Court permitting the transferring and vesting out absolutely, without formal legal conveyance, all claims of General Unsecured Creditors to Newco, as contemplated under this Plan and in the Reverse Vesting Order;
Sample 1Sample 2Sample 3
Reverse Vesting Order means an Order of the Court adding Newco as a CCAA applicant and permitting the transferring and vesting out absolutely, without formal legal conveyance, allclaims of General Unsecured Creditors to Newco, as contemplated under this Plan and in the Reverse Vesting Order;
Sample 1Sample 2

Examples of Reverse Vesting Order in a sentence

  • The scope of the project did not allow for interviews with representatives from the selected jurisdictions nor a request for resource materials from the jurisdictions.

  • JMB shall be released from the purview of the Initial Order and all other orders of this Court granted in respect of these CCAA Proceedings, save and except for the Sanction Order, the Reverse Vesting Order and the SAVO, which Orders shall continue to apply to JMB in all respects.

  • Pursuant to the APA, the Monitor, with the support and assistance of the Vendors and Mantle, will apply to the Court for the SAVO and the Reverse Vesting Order.

  • The Mantle Transactions, in their final form, were approved on March 31, 2021, pursuant to the following Orders: (i) the Amended Reverse Vesting Order (the “ Amended RVO”), which also added ResidualCo as a debtor company to the within CCAA Proceedings;9 (ii) the Amended Sale Approval and Vesting Order; (iii) the Amended Assignment Order;10 (iv) the Amended Plan Sanction Order; and, (v) the Stay Extension and Extended Stay Extension Order11 (collectively, the “March 31 Orders”).

  • The BSC domains summarize the health sector from the following six perspectives: 1.

  • Since the issuance of the Approval and Reverse Vesting Order, the Applicants have been working towards expeditiously closing the Transactions contemplated under the Purchase Agreement by the anticipated closing date of November 30, 2023.

  • Writing literature reviews: A guide for students of the social and behavioral sciences (3rd ed.).

  • Capitalized terms not otherwise defined herein shall have the meanings given to them in the Approval and Reverse Vesting Order of this Court dated November 9, 2023 (the “ ARVO”).

  • Non-disclosure of the Contract and breach of the duty of full and frank disclosure by JMB and its Counsel in relation to the applications for the Initial Order, the Amended and Restated Initial Order, the Eidsvik May 20 Order, the Order (Amended and Restated Mantle Sale Approval and Vesting Order) and the Reverse Vesting Order.

  • The Applicants acted to their prejudice in not opposing the Order (Amended and Restated Mantle Sale Approval and Vesting Order) and the Reverse Vesting Order based on the non- disclosure of the Contract and of paragraph 26 thereof and the breach of the duty of full and frank disclosure by JMB and its Counsel.

Related to Reverse Vesting Order

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Automatic firearm means any firearm designed or specially adapted to fire a succession of cartridges with a single function of the trigger.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

  • Company Restricted Shares means shares of Company Common Stock granted under a Company Equity Plan, or issued upon “early exercise” of an option granted under a Company Equity Plan, that remain subject to one or more unsatisfied vesting or vesting-equivalent forfeiture or repurchase conditions.

  • forfeiture order means a forfeiture order referred to in section 61(1);

  • Closed Period means (i) ten quotation days preceding and three quotation days following the disclosure to the public of the consolidated financial statements or annual statement of the Company; or (ii) the period as from the date the corporate management possesses material information which could, if disclosed to the public, significantly impact the quotation of the Shares of the Company, until ten quotation days after the day such information is disclosed to the public.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Date of Award means the date this Contract is fully executed.

  • Company Restricted Stock means each share of restricted Company Common Stock issued by the Company, which is subject to vesting conditions and rights to repurchase or reacquire by the Company, whether granted by the Company pursuant to a Company Option Plan, assumed by the Company in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Contract Award Date means the date of the Contract award notice, which may take the form of a purchase order, signed Contract or Notice of Award, issued by the Authority.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Value vested during the year means the aggregate dollar value that would have been realized if the options under the option-based award had been exercised on the vesting date. This amount is calculated by determining the difference between the market price of the underlying securities at exercise and the exercise or base price of the options under the option-based award on the vesting date.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Involuntary Resettlement Safeguards means the principles and requirements set forth in Chapter V, Appendix 2, and Appendix 4 (as applicable) of the SPS;

  • Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.