RJ Plan definition

RJ Plan means the judicial reorganization plan that was approved by the requisite majorities of creditors in the general Creditors’ Meeting held in Brazil on December 19 and 20, 2017 (plano de recuperação judicial), as amended by the RJ Plan Amendment.
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RJ Plan means the judicial reorganization plan submitted by Light in the context of the Brazilian RJ Proceeding on May 18, 2024, which shall be voted by the RJ Creditors at the general meeting of creditors on May 29, 2024 and subsequently confirmed by the Brazilian Bankruptcy Court. ▪ “Scheme of Arrangement” means a scheme of arrangement under the UK Companies Act 2006, which will be pursued by the Company to implement the RJ Plan and restructure the Notes in accordance with the terms set forth in this Term Sheet and to be further provided in the Restructuring Support Agreement. ▪ “SESA Notes” means the 4.375% Notes Units due 2026 issued by SESA and guaranteed by Light. ▪ “Term Sheet Creditors” means the RJ Creditors who have executed this Term Sheet. ▪ “UK Court” means the court in the United Kingdom which will preside the Scheme of Arrangement.
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RJ Plan means the judicial reorganization plan submitted by the Scheme Company pursuant to the RJ Proceeding on 18 May 2024, which was approved by the requisite majority of creditors at the general meeting of creditors on 29 May 2024 and subsequently confirmed by the RJ Court;
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Examples of RJ Plan in a sentence

  • The Borrower shall apply all amounts deemed advanced to it under this Agreement towards refinancing of the outstanding amounts due under the Replaced Facility Agreements, in accordance with the approval and confirmation (homologação judicial) (the “RJ Plan Confirmation”) of the Borrower’s RJ Plan filed within the 7th Corporate Court of the Judicial District of the State Capital of Rio de Janeiro, Brazil (the “Bankruptcy Court”).

  • Under the Judicial Reorganisation, Oi, the Borrower, certain of its subsidiaries and its key stakeholders agreed on the terms of the RJ Plan (as defined below), which was ratified by the Bankruptcy Court on 5 February 2018.

  • The remaining amount of such Cash Sweep Debt, if any, after the Cash Flow Sweep will be recalculated and adjusted in accordance with this Agreement and the RJ Plan Amendment, and shall be repaid in accordance with the terms of this Agreement, which reflects the terms of the RJ Plan Amendment.

  • Subject to the terms and conditions set forth herein, pursuant to the RJ Plan, on the RJ Closing Date, each Lender shall (i) have its related claims cancelled and novated and (ii) be deemed to have made a Loan to the Borrower in an aggregate principal amount equal to such Xxxxxx’s Commitment.

  • A copy of the RJ Plan is attached hereto as Exhibit A (and a certified translation thereof from Portuguese to English is attached hereto as Exhibit B) and forms part of this Statement.

  • In accordance with the RJ Plan, Bondholders are entitled to make an election with respect to the form of recovery in respect of the Bondholder Credits evidenced by the Bonds they beneficially hold (a “Recovery Election”) during a period commencing on the Rio Business Day (as defined herein) following the Confirmation Date and expiring on the Election Deadline.

  • Except as otherwise provided in and subject to the terms of the RJ Plan, the Unsecured Creditors in the aforementioned categories can choose among different payment options depending on their respective classification.

  • A copy of the RJ Plan is attached hereto as Exhibit A and a certified translation thereof from Portuguese to English is attached hereto as Exhibit B.

  • Bondholders are strongly urged to read the RJ Plan and the Exhibits thereto in their entirety so that they can make an informed judgment regarding a Recovery Election.

  • Secured Creditors’ recovery will also include interest at the rate of TJLP + 2.946372%, which will accrue and be paid in the manner set forth in Section 4.2.3 of the RJ Plan.


More Definitions of RJ Plan

RJ Plan has the meaning set forth in the recitals to this Agreement.
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Related to RJ Plan

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Company or the Corporation.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • HACCP plan means a written document that delineates the formal procedures for following the Hazard Analysis Critical Control Point principles developed by The National Advisory Committee on Microbiological Criteria for Foods.

  • Case plan means a written document developed by the PCSA, PCPA or Title IV-E agency and the family which identifies strengths of the family, concerns to be resolved and supportive services to be provided which will result in ensuring permanence for the child.

  • Basin plan means the same as “water quality control plan” as defined in Division 7 (commencing with Section 13000) of the Water Code. Basin Plans are adopted by each Regional Water Board, approved by the State Water Board and the Office of Administrative Law, and identify surface water and groundwater bodies within each Region’s boundaries and establish, for each, its respective beneficial uses and water quality objectives. Copies are available from the Regional Water Boards, electronically at each Regional Water Boards website, or at the State Water Board’s Plans and Policies web page (http://www.waterboards.ca.gov/plans_policies/).

  • Parent Plan means an Employee Benefit Plan sponsored, maintained, or contributed to by Parent or its Affiliates or with respect to which Parent or its Affiliates have any liability.

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • RBC plan means a comprehensive financial plan containing the elements specified in K.S.A. 40-2c06, and amendments thereto. If the commissioner rejects the RBC plan, and it is revised by the insurer, with or without the commissioner's recommendation, the plan shall be called the "revised RBC plan."

  • Stock Plans has the meaning set forth in Section 3.1(c).

  • Option Plans has the meaning assigned thereto in Section 2.5(b).

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Non-U.S. Plan means any plan, fund or other similar program that (a) is established or maintained outside the United States of America by the Company or any Subsidiary primarily for the benefit of employees of the Company or one or more Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and (b) is not subject to ERISA or the Code.

  • Steps Plan means a plan evidenced by Eligible Information contemplating that there will be a series of successions to some or all of the Relevant Obligations of the Reference Entity, by one or more entities.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;