Successful Resolution Applicant definition

Successful Resolution Applicant means the Resolution Applicant, whose Resolution Plan is accepted by the CoC and to whom the Letter of Intent is issued by the RP, in accordance with the terms of this RFRP, for the purposes of the Proposed Transaction.
Successful Resolution Applicant or “Successful Applicant” means the Resolution Applicant whose Compliant Resolution Plan is approved by the CoC and to whom the Letter of Intent is issued by the CoC, in accordance with the terms of this RFRP.
Successful Resolution Applicant means the Resolution Applicant, whose Resolution Plan is accepted by the CoC and to whom the Letter of Intent is issued by

Examples of Successful Resolution Applicant in a sentence

  • We shall not be relieved from our liability by any reason of any such variation or extension being granted to the said Successful Resolution Applicant or by any such matter or thing whatsoever which under the law relating to sureties would but for this provision have effect of so relieving us.

  • Pursuant to the acceptance of the Letter of Intent, the Successful Resolution Applicant shall be required to comply with the following conditions, in accordance with the stipulated timelines, as set out in this RFRP (“Conditions Subsequent”).

  • Only those representations and warranties made in a final and written agreement between the Successful Resolution Applicant, the Company and/or the CoC, and subject to such limitations and restrictions as may be provided in such agreement, shall have any legal effect.

  • We confirm that we have studied the provisions of the IB Code, the CIRP Regulations and other relevant laws and regulations to enable us to submit our Resolution Plan along with required documents and execute the other required documents in the event of our selection as the Successful Resolution Applicant.

  • The Successful Resolution Applicant to state on affidavit that the following payments are provided for/or will be paid over and above the provisions of the Resolution Plan in compliance of the order of the Hon’ble NCLAT in the Case of M/s Jet Airways India Ltd.

  • It is clarified for abundant caution that the Resolution Plan approved by the COC shall not be subject to any expiry and shall remain valid and binding on the Successful Resolution Applicant.

  • Upon approval of the Resolution Plan by the Adjudicating Authority, the Successful Resolution Applicant will be declared as the Successful Resolution Applicant by the Adjudicating Authority.

  • Any verbal or written representation of Rutgers or that of its component units must be consistent with and adequately reflect the University's mission, vision, values, strategic direction, and policies.

  • The Successful Resolution Applicant shall, pursuant to the discussion with the CoC and upon approval by the Adjudicating Authority, execute Definitive Agreements as may be applicable and shall further comply with the conditions set out therein from the date of execution of the order of the Adjudicating Authority within the stipulated timelines.

  • The Earnest Money Deposit shall be returned to the Successful Resolution Applicant, upon submission of PBG as described in clause 1.9.3 above.


More Definitions of Successful Resolution Applicant

Successful Resolution Applicant means the Selected Resolution Applicant whose Compliant Resolution Plan is approved by the CoC under Section 30(4) of the Code and submitted to the Adjudicating Authority under Section 30(6) of the Code read with Regulation 39 of CIRP Regulations, in accordance with the Process Note.
Successful Resolution Applicant means the Resolution Applicant whose Resolution Plan is accepted by the Committee of Creditors and to whom the Letter of Intent is issued by the Resolution Professional/Committee of Creditors in accordance with the terms of theRequest for Resolution Plan’.

Related to Successful Resolution Applicant

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Arrangement Resolution means the special resolution of the Shareholders approving the Arrangement to be considered at the Special Meeting, substantially in the form of Schedule B to the Arrangement Agreement;

  • UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

  • U.S. Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Relevant Resolution Authority means the resolution authority with the ability to exercise any Bail-in Powers in relation to the relevant Underwriter.

  • Resolution Time means 1:00 p.m. New York time on the Local Business Day following the date on which the notice of the dispute is given under Paragraph 5.

  • Resolution shall have the meaning specified in Section 8(E).

  • EEA Resolution Authority means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.