Examples of Reorganisation in a sentence
FINANCIAL EFFECTS OF THE EQUITY TRANSFER Upon completion of the Equity Transfer and the Reorganisation, the Company and the Purchaser will hold 49% and 51% of the issued share capital of the Target Company, respectively, and each of the Target Company, the Intermediate Companies and the Project Companies will cease to be a subsidiary of the Company and the accounts of which will no longer be consolidated with those of the Group.
The Company undertakes to and shall, where applicable, procure that each other Group Company will (unless the Bond Trustee or the Bondholders’ Meeting (as the case may be) in writing has agreed to otherwise) comply with the undertakings set forth in this Clause 13 (General Undertakings) (save for any Permitted Reorganisation).
With the exception of a change in its jurisdiction of incorporation, or centre of main interest, to the United Kingdom as part of a Permitted Reorganisation, the Company shall not, and shall procure that the Issuer shall not, change its type of organization or jurisdiction of incorporation, without the consent of the Bond Trustee (acting on the written instructions of Bondholders representing a simple majority of the Voting Bonds).