Restructuring Process definition

Restructuring Process means the process associated with the filing and implementation for creditor protection and/or insolvency relief in Canada and/or in the U.S., including but not limited to the process of filing a claim as a creditor under the Companies’ Creditors Arrangement Act, the Bankruptcy and Insolvency Act, the U.S. Bankruptcy Code and/or related legislation in Canada or the U.S..
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Restructuring Process means a Scheme, a restructuring plan under Part 26A of the Companies Act, a consent solicitation process or any other in-court or out-of-court process in any jurisdiction by which the Restructuring may be implemented.
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Restructuring Process means the voluntary restructuring process between the co- financed corporate borrower and the institutional lender, outside the legal debt adjustment procedure, which aims to create the claim defined in Articles 8 to 11 of MNB Decree 39/2016. (X. 11.) as a result;
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Examples of Restructuring Process in a sentence

  • This Agreement constitutes the entire agreement among the Parties with respect to the Restructuring Process contemplated herein and supersedes all prior agreements, oral, or written, among the Parties with respect thereto.

  • The principal terms of the Restructuring Process are set forth on the Term Sheet.

  • The Restructuring Process will be implemented through, among other things, the protocols and agreements attached as exhibits to this Agreement.

  • The Domfoam Defendants and the Brayiannis Defendant shall engage their reasonable efforts to ensure that any Restructuring Process shall not impede the hearings or implementation of this Settlement Agreement, and will make any applications that are reasonably required within the Restructuring Process in order to implement this Settlement Agreement.

  • Appendix A Current Relationship: IEEE VIS and TVCG Restructuring Process In all disciplines that are growing, expanding, or maturing, the need for some reorganization is inevitable.

  • The Company Restructuring Process does not constitute a transfer or sale of an “empresa mercantil” or similar sale of a business under applicable Legal Requirements in the respective jurisdiction of transfer or sale.

  • The Transaction Companies undertake to pay or procure the payment of the Consent Fee with respect to each Eligible Restricted Debt Instrument which has validly been made subject to the terms of the RSA by a Consenting Creditor, on or prior to the Restructuring Effective Date, as a condition of the relevant Approved Restructuring Process by way of a transfer via the Clearing Systems.

  • All transfers of assets, properties and Contracts in the Company Restructuring Process were duly authorized, executed and delivered by both parties to the applicable transfer document, and constitute valid and enforceable transfers.

  • The Company Restructuring Process has been effectuated in compliance with all applicable Legal Requirements.


More Definitions of Restructuring Process

Restructuring Process means any one or more the following which shall be inter-conditional with each other:
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Restructuring Process means the Borrower’s efforts to enter into a refinancing commitment letter, asset purchase agreement, recapitalization or restructuring term sheet or restructuring support agreement, in each case, on terms acceptable to the Required Lenders.”
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