Examples of Scheme of Arrangement in a sentence
However, the British restructuring regime al- ready meets many of the requirements of the Di- rective, in particular through an alternative form of the "Scheme of Arrangement" for companies in financial difficulties and a new, easier to achieve memorandum.
Regular Part-Time Employees who have worked at least hours (35-hour work week positions), hours (37.5-hour work week positions) or hours (40-hour work week positions), and regularly work at least twenty (20) hours each week shall be given the option of receiving employee benefits or being paid an amount equal to sixteen percent (16%) of their regular earnings in lieu of employee benefits.
The Demerged Company and each Resulting Company shall, with all reasonable dispatch, make and file all necessary applications and petitions before the High Court for the sanction of this Scheme of Arrangement under Sections 391 and 394 of the Act and each of them shall apply for all necessary approvals as may be required under law.
The Scheme of Arrangement will be subject to the subsequent sanction of the Court.
HoldCo was formed solely for the purpose contemplated by the Scheme of Arrangement and this Agreement and has conducted its operations only as contemplated by the Scheme of Arrangement and this Agreement.