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.
Sample 1Sample 2Sample 3
RJ Plan has the meaning set forth in the recitals to this Agreement.
Sample 1
RJ Plan means a recovery plan (including all exhibits, schedules, supplements, appendices, annexes and attachments thereto) consistent with the A&R Term Sheet and otherwise in form and substance acceptable to the Requisite Commitment Parties and the Company, as evidenced in writing, the form of which is attached to the A&R PSA as Exhibit E.
Sample 1

Examples of RJ Plan in a sentence

  • Conditions Precedent: (a) Creditors approval of the RJ Plan and confirmation by the RJ Court.

  • If such minimum amount of Unsecured Claims to be restructured under Option B is not reached, elections submitted for Option B-1 or Option B-2 shall be deemed to be elections for Option A, and such Final Beneficiaries shall receive the Option A consideration in exchange for Unsecured Claims at the ratio set forth in Exhibit X of the RJ Plan.

  • The SoP Petition makes clear that “the outcome of the restructuring for the creditors of Finco is entirely dependent on the RJ Proceedings and RJ Plan.

  • At the same time, the content of the Dutch Plan and the economic reality of any consideration for the creditors of Finco will need to be paid by the Brazilian operating entities of the Oi Group, which in turn is dependent on the success of the RJ Plan.

  • In addition to the “Jurisdiction” section, Movants also cite to a statement concerning Coop’s purpose for filing the SoP Petition:In order to ensure that the restructuring of the indebtedness as contemplated by the RJ Plan, to the extent it concerns [Coop], will be recognised and bind creditors inrelation to the assets and liabilities of [Coop] in the Netherlands (and in other European member states), [Coop] has submitted, together with this petition, a draft composition plan.

  • The assets and value of the Oi Group can only be realized for the benefit of the creditors of Finco through the RJ Proceedings.” TX 26 ¶ 5.6. It states[t]he background to this request is that any voting that takes place on the suspension of payment proceedings related to Finco prior to the voting on the RJ Plan in the RJ Proceedings is likely to disrupt the negotiation process in the RJ Proceedings.

  • 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 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”).

  • See RJ Plan § 4.4. The Brazilian RJ Debtorsopened registration for the Small Creditors Program prior to the GCM, which provided for payment to any creditor on the creditors list (holding any credit amount) to accept up to BRL$50,000 in two instalments, 90% of such amount upon execution of settlement documents and the 10% remaining balance after publication of the confirmation order, and was open to creditors from 29 August 2017 through 8 December 2017.

  • By operation of the RJ Plan and the Confirmation Order (as defined herein) (provided that no stay or appeal of the Confirmation Order results in a change of the Confirmation Date (as defined herein)), the Unsecured Credits evidenced by the Bonds (the “Bondholder Credits”) have been novated and discharged under Brazilian law and Bondholders are entitled to receive the recoveries set forth in the RJ Plan in exchange for their Bondholder Credits in accordance with the terms and conditions of the RJ Plan.

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 Partnership or the General Partner, including the Plan.

  • 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 and 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 has the meaning set forth in Section 7.8(b).

  • 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 shall have the meaning set forth in Section 3.7.

  • Option Plans has the meaning set forth in Section 2.6 below.

  • 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.

  • Health benefits plan means a benefits plan which pays or

  • 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.