Bermuda Proceeding definition

Bermuda Proceeding means the official liquidation proceeding for EXXI under the laws of Bermuda commenced pursuant to the winding-up petition before the Bermuda Court.
Bermuda Proceeding means that certain proceeding commenced on July 29, 2009 in the Supreme Court of Bermuda wherein each of the Bermuda EntitiesPS I presented a winding up petition under the Companies Act 1981.
Bermuda Proceeding means the proceeding in the Supreme Court of Bermuda (Commercial Court) Companies (Winding Up), Case No: 22 or 2009, captioned In the Matter of ProtoStar I Ltd., Company No: EC 30933, and In the Matter of the Companies ▇▇▇ ▇▇▇▇.

Examples of Bermuda Proceeding in a sentence

  • The execution, delivery and performance by it of this Agreement does not and shall not require any registration or filing with, consent or approval of, or notice to, or other action to, with or by, any federal, state or other governmental authority or regulatory body, except such filings as may be necessary and/or required in connection with the Chapter 11 Case or the Bermuda Proceeding.

  • The Bermuda Proceeding will be implemented pursuant to the transaction steps (the “Transaction Steps”), which Transaction Steps shall be filed with the Bankruptcy Court in connection with the filing of the Plan Supplement.

  • Bermuda Proceeding Concurrently with filing a chapter 11 petition with the Bankruptcy Court, EXXI will file a wind-up petition commencing an official liquidation proceeding under the laws of Bermuda (the “Bermuda Proceeding”) before the Bermudian court (the “Bermuda Court”).