Common use of Restructuring Plan Clause in Contracts

Restructuring Plan. Within six (6) months from the date of this Agreement, the Company will draw up and submit to the Minister a restructuring plan that has been prepared by the Company in consultation with the Minister including, as a minimum: (a) an analysis of the Group’s business model, assessing its viability over a time-frame agreed with the Minister; (b) details of how the Company intends to minimise and repay the state aid that has been provided, while bearing the costs of restructuring the Group; and (c) an analysis of the compensatory measures taken or to be taken to minimise any distortions of competition caused by the Subscription.

Appears in 3 contracts

Sources: Subscription Agreement (Governor & Co of the Bank of Ireland), Subscription Agreement (Allied Irish Banks PLC), Subscription Agreement (Allied Irish Banks PLC)