Scheme of Arrangement definition

Scheme of Arrangement means a scheme of arrangement, share for share exchange or analogous procedure.
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Scheme of Arrangement means the proposed scheme of arrangement of the Company under Part 26 of the Companies Act to effect the Transaction pursuant to this Agreement, substantially in the form set out in Annex B, with or subject to any modification, addition or condition which (a) Parent and the Company mutually agree and which (if required) is approved by the Court or (b) is otherwise imposed by the Court and mutually acceptable to Parent and the Company each acting reasonably and in good faith, in each case in accordance with the Companies Act and this Agreement.
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Scheme of Arrangement means any restructuring, rescheduling or other modification of terms of whatsoever nature in relation to debts owed by an individual, whether as borrower or as guarantor, towards a single creditor or more than one creditor.
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Examples of Scheme of Arrangement in a sentence

  • On the Closing Date, the Companies Registrar shall be requested to issue a certificate evidencing the registration of the Act of the Royal Court of Jersey relating to the Scheme of Arrangement in accordance with Article 125 of the Jersey Companies Law.

  • The Scheme of Arrangement shall have been approved by a majority in number representing 3/4ths of the voting rights of the Company Shareholders or a class of them present and voting either in person or by proxy at a court ordered meeting in connection with the Scheme of Arrangement, and the relevant Acts of the Royal Court of Jersey relating to the Scheme of Arrangement shall have been obtained and been delivered to the Companies Registrar.

  • As soon as practicable after the Acquisition Effective Time (and in no event later than five (5) Business Days after the Acquisition Effective Time), Holdco shall cause the Transfer Agent to issue to each record holder of Company Shares entitled to receive a portion of the Scheme of Arrangement Consideration their respective Per Company Share Scheme of Arrangement Consideration and/or Per PIPE Share Scheme of Arrangement Consideration, as applicable, in book-entry form.

  • As soon as practicable after the determination of the date on which the Closing is to take place, each of the Company, Holdco and SPAC Merger Sub shall, in coordination with each other, subject to the sanction of the Royal Court of Jersey, deliver to the Jersey Registrar of Companies (the “Companies Registrar”) the relevant Act of the Royal Court of Jersey sanctioning the Scheme of Arrangement (the “Act of the Court”) on the proposed date of the Closing.


More Definitions of Scheme of Arrangement

Scheme of Arrangement means a scheme of arrangement sanctioned by a court under section 899 of the Act, as may be amended or similar procedure under a succeeding law or regulation.
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Scheme of Arrangement means the Scheme of Arrangement implemented, or to be implemented, by ECL in terms of section 114 of the South African Companies Act, 2008, in terms of which, amongst other things, the E PIK Notes issued by ECL are to be exchanged for ordinary shares in the capital of ECL on certain terms and conditions.
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Scheme of Arrangement means a scheme of arrangement or analogous procedure (other than in the context of insolvency procedures) that results in the acquisition by another entity of all or a majority of the Equity Shares of a class comprised in the Exchange Property;
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Scheme of Arrangement means the scheme of arrangement under the laws of South Africa, completed on 7 December 2015, pursuant to which SIHNV acquired the entire share capital in SIHPL through the issue of one ordinary share in its capital in exchange for each ordinary share in the capital of SIHPL.
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Scheme of Arrangement means a scheme of a compromise or arrangement sanctioned by a court under Part VII of the Act, as may be amended or similar procedure under a succeeding law or regulation.
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Scheme of Arrangement means a scheme, compromise or arrangement under Part 26 or 26A of the English Companies Act 2006.
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Scheme of Arrangement means any compromise or arrangement, between a company and the company’s creditors or any class of those creditors, approved under Part VII of the Companies Act or Part 5 of this Act;
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