Definition of ADBL Restructuring Plan

ADBL Restructuring Plan means the Restructuring Plan of ADBL adopted by its board of directors on 31 August 2005, as may be amended from time to time;

Examples of ADBL Restructuring Plan in a sentence

Any of the (i) Memorandum of Association or Articles of Association of ADBL; (ii) ADBL Restructuring Plan; or (iii) SFDB Restructuring Plan shall have been repealed, suspended, amended, revoked or superseded in a manner which in the reasonable opinion of ADB may adversely affect the carrying out of the Program.

ADBL shall have achieved the performance indicators and critical implementation targets set out in ADBL Restructuring Plan, to the satisfaction of ADB.

The Borrower hereby designates ADBL as its agent with respect to ADBL Restructuring Plan, SFDB with respect to SFDB Restructuring Plan and NRB with respect to GBB Divestment Plan and the Training Institution, in each case for the purposes of taking any action or entering into any agreement required or permitted under Sections 3.02, 3.03 and 3.06 of this Loan Agreement and under Sections 5.01, 5.02, 5.03 and 5.04 of the Loan Regulations.