Restructuring Exercise definition

Restructuring Exercise means the restructuring of the Company’s liabilities by way of (i) the Scheme; (ii) the Consent Solicitation Exercise; and (iii) the Bilateral Agreement.
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Restructuring Exercise has the meaning ascribed to it at Recital (B). "Sale Shares" has the meaning ascribed to it at Recital (A). "SGD" or "S$" mean the official currency of the Republic of Singapore. "Vendor's Warranties" means the representations, warranties and undertakings on the part of the Vendor set out in Clause 5.1. "Warranties" means, collectively, the Vendor's Warranties and the Holdco's Warranties, and "Warranty" shall mean any one of such Warranties.
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Restructuring Exercise has the meaning ascribed to it in Recital (F);
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Examples of Restructuring Exercise in a sentence

  • Ltd who is the independent financial advisor and scheme manager for the Restructuring Exercise, and Scheme Creditors, and will only be finalised upon approval of the Scheme.

  • The Convertible Loans shall be used by the Borrower for the acquisition of relevant assets of Shengda Nano and Shengda Chem pursuant to the Asset Acquisition Agreements as part of the Restructuring Exercise for the Initial Public Offering on the SGX-ST.

  • In addition to entering into the Implementation Agreement with the Investor, the Company is working with the Investor to address any other going concern issues that may arise during the course of the Restructuring Exercise, with the intention of enabling the Company to have sufficient working capital and to operate as a going concern pursuant to the Investment.

  • The Full Investment Amount is intended to provide the Company with sufficient funds for working capital purposes, to settle its liabilities upon the successful implementation of the Restructuring Exercise and to operate as a going concern.

  • CYI acknowledges and accepts, however, that the successful implementation of the Restructuring Exercise will require the continued uninterrupted involvement and participation of Yuchai's current Chief Executive Officer on and subject to the terms (including remuneration) of his employment agreement.

  • The Vendors shall, upon completion of the Presale Restructuring Exercise, be the legal and beneficial owners of all the shares representing the entire issued and paid-up capital of the Target Company.

  • The Full Investment Amount shall be utilised by the Company for its working capital requirements, staff salaries and settlement of liabilities upon successful implementation of Restructuring Exercise, subject to the terms of the Scheme to be proposed and sanctioned by the Court.

  • As such and as set out in Paragraph 2 of this announcement, the proceeds from the Investment are intended to provide the Company with the required funds for working capital purposes and to settle its liabilities upon the successful implementation of the Restructuring Exercise.

  • Accordingly, CYI agrees that it will not, and will procure that its appointees to the Board of Directors of Yuchai do not, take any action prior to the completion of the Restructuring Exercise that will interfere with, or cause the termination of, the employment of Yuchai's current Chief Executive Officer except if he were to be prosecuted or convicted for any activities of a criminal nature.

  • The financial sub-committee and the Board of Directors of Yuchai shall unless there is a conflict with the Articles of Association of Yuchai be guided by the financial advisor to the Restructuring Exercise jointly engaged by CYI and Yuchai as described in clause 2.8 below as to the reasonableness of the amount of the working capital proposed by Yuchai to meet its on-going requirements for its businesses at the date of this Agreement.


More Definitions of Restructuring Exercise

Restructuring Exercise the restructuring exercise to be carried out as between Shengda Nano, Shengda Chem and the Group to rationalise and streamline the corporate structure of the Group for-the purposes of the Initial Public Offering, pursuant to which the Group wiliacquire the assets of and carry out the business previously carried on by Shengda Nano and Shengda Chem
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Restructuring Exercise. The corporate restructuring exercise undertaken in connection with the Invitation as set out in the section titled “Restructuring Exercise” of this Offer Document
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Related to Restructuring Exercise

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Restructuring has the meaning set forth in the Recitals.

  • Make-Whole Exercise Solely for purposes of this Section 6.2, the “Redemption Fair Market Value” shall mean the volume weighted average price of the Ordinary Shares during the ten (10) trading days immediately following the date on which notice of redemption pursuant to this Section 6.2 is sent to the Registered Holders. In connection with any redemption pursuant to this Section 6.2, the Company shall provide the Registered Holders with the Redemption Fair Market Value no later than one (1) Business Day after the ten (10) trading day period described above ends. 60 months 0.261 0.281 0.297 0.311 0.324 0.337 0.348 0.358 0.361 57 months 0.257 0.277 0.294 0.310 0.324 0.337 0.348 0.358 0.361 54 months 0.252 0.272 0.291 0.307 0.322 0.335 0.347 0.357 0.361 51 months 0.246 0.268 0.287 0.304 0.320 0.333 0.346 0.357 0.361 48 months 0.241 0.263 0.283 0.301 0.317 0.332 0.344 0.356 0.361 45 months 0.235 0.258 0.279 0.298 0.315 0.330 0.343 0.356 0.361 42 months 0.228 0.252 0.274 0.294 0.312 0.328 0.342 0.355 0.361 39 months 0.221 0.246 0.269 0.290 0.309 0.325 0.340 0.354 0.361 36 months 0.213 0.239 0.263 0.285 0.305 0.323 0.339 0.353 0.361 33 months 0.205 0.232 0.257 0.280 0.301 0.320 0.337 0.352 0.361 30 months 0.196 0.224 0.250 0.274 0.297 0.316 0.335 0.351 0.361 27 months 0.185 0.214 0.242 0.268 0.291 0.313 0.332 0.350 0.361 24 months 0.173 0.204 0.233 0.260 0.285 0.308 0.329 0.348 0.361 21 months 0.161 0.193 0.223 0.252 0.279 0.304 0.326 0.347 0.361 18 months 0.146 0.179 0.211 0.242 0.271 0.298 0.322 0.345 0.361 15 months 0.130 0.164 0.197 0.230 0.262 0.291 0.317 0.342 0.361 12 months 0.111 0.146 0.181 0.216 0.250 0.282 0.312 0.339 0.361 9 months 0.090 0.125 0.162 0.199 0.237 0.272 0.305 0.336 0.361 6 months 0.065 0.099 0.137 0.178 0.219 0.259 0.296 0.331 0.361 3 months 0.034 0.065 0.104 0.150 0.197 0.243 0.286 0.326 0.361 0 months — — 0.042 0.115 0.179 0.233 0.281 0.323 0.361 The exact Redemption Fair Market Value and Redemption Date may not be set forth in the table above, in which case, if the Redemption Fair Market Value is between two values in the table or the Redemption Date is between two redemption dates in the table, the number of Ordinary Shares to be issued for each Warrant exercised in a Make-Whole Exercise shall be determined by a straight-line interpolation between the number of shares set forth for the higher and lower Redemption Fair Market Values and the earlier and later redemption dates, as applicable, based on a 365- or 366-day year, as applicable.