Bermuda Scheme definition

Bermuda Scheme means the creditors’ scheme of arrangement provided for by Section 99 of the Companies Act 1981 of Bermuda in respect of SCL which is subject to the sanction of the Bermuda Court;

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Bermuda Scheme means the scheme of arrangement in relation to Noble Group Limited under Section 99 of the Companies Act 1981 of Bermuda in its present form or with or subject to any modifications, additions or conditions approved or imposed by the Bermuda Court or approved in accordance with the terms of the Bermuda Scheme.

Bermuda Scheme has the meaning specified in the recitals.

Examples of Bermuda Scheme in a sentence

• For the purposes of this Condition 7.4, "Schemes of Arrangement" means the English Scheme and the Bermuda Scheme.

• By the Orders of the Hong Kong Court dated 2 March 2021 and the Bermuda Court dated 5 March 2021, the Scheme Meetings for the Hong Kong Scheme and the Bermuda Scheme were held on 15 April 2021 and the Schemes have been approved by the requisite majority of the Scheme Creditors (including Secured Creditor B and Secured Creditor C) attending and voting in the Scheme Meetings in person or by proxy.

• Implementation of the Restructuring The Restructuring shall be implemented through the Chapter 11 Cases, the Examinership Proceeding, and the Bermuda Scheme, and pursuant to the Chapter 11 Plan, the Scheme of Arrangement, and the Bermuda Scheme, with the support of the ad hoc committee of Noteholders represented by Akin Gump S▇▇▇▇▇▇ H▇▇▇▇ & F▇▇▇ LLP (the “Noteholder Committee”).

More Definitions of Bermuda Scheme

Bermuda Scheme means a scheme of arrangement in respect of NGL under the Companies ▇▇▇ ▇▇▇▇ of Bermuda;

Bermuda Scheme means a scheme of arrangement in respect of the Company under the Companies ▇▇▇ ▇▇▇▇.

Bermuda Scheme means the scheme of arrangement in relation to the Company under Section 99 of the Companies Act 1981 of Bermuda in its present form or with or subject to any modifications, additions or conditions approved or imposed by the Bermuda Court or approved in accordance with the terms of the Bermuda Scheme.

Bermuda Scheme means a scheme of arrangement in relation to the Issuer under Section 99 of the Companies Act 1981 of Bermuda.

Bermuda Scheme means the scheme of arrangement to be made between the Company

Bermuda Scheme the scheme of arrangement in respect of the Company under Part VII of the Companies Act 1981 as applicable in Bermuda to be proposed by the Company and/or the Provisional Liquidators on behalf of the Company to the Scheme Creditors on terms which provide for full and final settlement and discharge of the Scheme Debts, with or subject to, any modification, addition or condition approved or imposed by the Bermuda Court