Business Restructuring definition
Examples of Business Restructuring in a sentence
The Recipient shall cause the TDF to implement the TDF Business Restructuring Action Plan in a manner satisfactory to the Association.
To Seller’s Knowledge, there have been no acts or omissions that would constitute a failure by a Seller Business Group Member to comply with the requirements (if any) of applicable Law or Order or the terms of an Acquired Company Labor Agreement to inform, consult or otherwise notify any Employee Representative prior to effecting any Business Restructuring.
It is expected that after the Business Restructuring, the Hotel and Casino Business will be carried out by NewCo subject to the obtaining of all necessary consents, licenses and approvals with respect to the Hotel and Casino Business from the relevant authorities.
Except as set forth on Schedule 3.10, as contemplated by the Thai Business Restructuring or as otherwise contemplated or permitted by this Agreement, since December 31, 2008 to the date hereof (a) the Business has been conducted only in the Ordinary Course of Business, and (b) there has not been any Material Adverse Effect.
Except to the extent provided in Section 2.7(b), prior to the Closing, Sellers will, and will cause Solvay Thailand to, implement the Thai Business Restructuring in the manner set forth on Schedule 5.4 and any material deviations therefrom will be completed in a manner reasonably acceptable to Buyer Parent and Seller Parent.
The balance, if any, left in the Business Restructuring Reserve, after the aforesaid adjustment, shall be transferred to Capital Reserve.
The Parties have on 10 July 2017 signed a Share and Business Restructuring Agreement (“SBRA”) to restructure and rebrand their business activities.
The TDF shall implement the TDF Business Restructuring Action Plan in a manner satisfactory to the Association, and review with the Association, on a semi-annual basis, the progress made in implementing said action plan in the previous period and take necessary and required measures and actions to achieve the objective of said action plan taking into account the Association’s comments thereon.
The transactions comprising the Business Restructuring, the Cubatão Restructuring and the Brazil Rural Property Restructuring, together with any modifications to Section 5.15 of the Sellers Disclosure Schedules to which Parent and Buyer mutually agree are collectively referred to as the “Restructuring”.
From and after the Closing, Sellers and Buyers will continue to use commercially reasonable efforts to obtain all such Governmental Approvals relating to the applicable Deferred Local Business, the completion of the Thai Business Restructuring or the transfer thereof and/or to cause all Non-Final Injunctions relating to the applicable Deferred Local Business to be lifted.