Restructuring Conditions definition

Restructuring Conditions has the meaning set out in the Restructuring Implementation Deed;
Restructuring Conditions means each of the conditions set out in Clause 3.2(a) to 3.2(d) of this Deed (other than the issuance of the Restructuring Conditions Satisfaction Notice and/or the Restructuring Effective Time);
Restructuring Conditions shall have the meaning given in Clause 2.1.

Examples of Restructuring Conditions in a sentence

  • Following the issuance of the RED Notice, the Deed Company, the Deed Administrators, Holdco and Opco (among others) shall, execute, for and on behalf of themselves and the Deed Company Creditors pursuant to the power of attorney set out in Clause 7.3 (Appointment of Deed Company as Attorney) (as applicable) the Restructuring Implementation Deed following which the parties thereto shall use their reasonable endeavours to satisfy the Restructuring Conditions as soon as reasonably practicable.

  • Following the issuance of the RED Notice, the Deed Administrators, Holdco and Opco (among others) shall, execute, for and on behalf of themselves and the Deed Company Creditors pursuant to the power of attorney set out in Clause 7.3 the Restructuring Implementation Deed following which the parties thereto shall use their reasonable endeavours to satisfy the Restructuring Conditions as soon as reasonably practicable.

  • From and after the BRG Restructuring Effective Date (subject only to compliance with the BRG Restructuring Conditions), (x) the Initial BRG Sponsor shall have no obligations or liabilities whatsoever to the Lenders including but not limited to under the Loan Documents, and (y) all references herein or under any of the Loan Documents to “BRG Sponsor” shall instead mean and refer to the Replacement BRG Sponsor and not to Bluerock Residential Growth REIT, Inc.

  • The restructuring or Refinancing, if any, of Other Bilateral Debt, shall have been performed in compliance with the Other Bilateral Debt Restructuring Conditions and Aracruz Celulose shall have provided a certificate signed by the Chief Financial Officer of Aracruz Celulose to such effect.

  • The following conditions (the "Restructuring Conditions") shall be conditions precedent to the obligations of the parties hereunder, and all of such Restructuring Conditions will be effected as simultaneously as practical.

  • Subsection 8.15 of the Credit Agreement is hereby amended by adding immediately prior to the ":" at the end thereof the following new parenthetical phrase: "(provided, however, that the consummation of the Hennepin Project Restructuring shall not constitute an Event of Default under this subsection 8.15 so long as the Hennepin Project Restructuring Conditions are satisfied)".

  • Schedule 2.6.1(a)(i) hereof sets forth the relevant information with respect to the Borrower Property Account, and as required by the Restructuring Conditions, will be amended in connection with the Restructuring to reflect the relevant information with respect to the Operating Lessee Property Account.

  • Subsection 8.15 of the Credit Agreement is hereby amended by inserting immediately prior to the ")" at the end of the last parenthetical phrase contained therein the following: "; and provided, further, however, that the consummation of the Onondaga Project Restructuring shall not constitute an Event of Default under this subsection 8.15 so long as the Onondaga Project Restructuring Conditions are satisfied".

  • Schedule 2.6.1(a)(v) hereof sets forth the relevant information with respect to the Borrower Operating Account, and as required by the Restructuring Conditions, will be amended in connection with the Restructuring to reflect the relevant information with respect to the Operating Lessee Operating Account.

  • Each Consenting Lender agrees to the Restructuring, as set forth herein and in the Restructuring Term Sheet, subject to the Restructuring Conditions, the other conditions set forth herein, and the conditions set forth in the Restructuring Term Sheet.


More Definitions of Restructuring Conditions

Restructuring Conditions shall have the meaning as set forth in Section 3.1.

Related to Restructuring Conditions

  • Financing Conditions means the conditions precedent to the Debt Financing explicitly set forth in the Debt Commitment Letter as in effect on the date hereof or as amended in accordance with the terms hereof.

  • Refinancing Conditions the following conditions for Refinancing Debt: (a) it is in an aggregate principal amount that does not exceed the principal amount of the Debt being extended, renewed or refinanced; (b) it has a final maturity no sooner than, a weighted average life no less than, and an interest rate no greater than, the Debt being extended, renewed or refinanced; (c) it is subordinated to the Obligations at least to the same extent as the Debt being extended, renewed or refinanced; (d) the representations, covenants and defaults applicable to it are no less favorable to Borrowers than those applicable to the Debt being extended, renewed or refinanced; (e) no additional Lien is granted to secure it; (f) no additional Person is obligated on such Debt; and (g) upon giving effect to it, no Default or Event of Default exists.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

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

  • Restricted Payment Conditions is defined in Section 10.9.