Cayman Proceedings definition

Cayman Proceedings means the proceeding in the Grand Court of the Cayman Islands with Cause No. FSD 157 of 2020 (ASCJ).
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Cayman Proceedings means the provisional liquidation of the Purchaser being performed in the Cayman Islands in relation to which Simon Appell and Gordon MacRae were appointed as the joint provisional liquidators (the “Joint Provisional Liquidators”) on March 20, 2012.
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Cayman Proceedings means any proceedings in the Cayman Islands necessary to effectuate the Restructuring.Chapter 11 Case means, with respect to a Debtor, such Debtor’s case under chapter 11 of the Bankruptcy Code commenced on May 5, 2016 in the Bankruptcy Court, jointly administered with all other Debtors’ cases under chapter 11 of the Bankruptcy Code, and styled In re CHC Group Ltd., et al., Ch. 11 Case No. 16-31854 (BJH).CHC Finance means a new exempted company incorporated under the laws of the Cayman Islands, formed in connection with this Plan and wholly-owned by Reorganized CHC.CHC Intermediate Holding means a new Cayman Islands limited liability company, formed in connection with this Plan and wholly-owned by Reorganized CHC.CHC Parent means CHC Group Ltd., a Cayman Islands exempted company. Claim means a “claim” against a Debtor, as such term is defined in section 101(5) of the Bankruptcy Code. Class means any group of Claims or Interests classified under this Plan pursuant to section 1122(a) of the Bankruptcy Code.Collateral means any Asset of an Estate that is subject to a Lien securing the payment or performance of a Claim, which Lien is valid and has not been avoided under the Bankruptcy Code or applicable nonbankruptcy law.Confirmation Date means the date on which the clerk of the Bankruptcy Court enters the Confirmation Order.Confirmation Hearing means the hearing to be held by the Bankruptcy Court regarding confirmation of this Plan, as such hearing may be adjourned or continued from time to time.Confirmation Order means the order of the Bankruptcy Court, together with all exhibits, appendices, supplements, and related documents, confirming this Plan pursuant to section 1129 of the Bankruptcy Code, which shall be in form and substance reasonably acceptable to the Debtors, the Creditors’ Committee, the Requisite Plan Sponsors, and, to the extent set forth in the Plan Support Agreement, Milestone and the Individual Creditor Parties.Consenting Creditor Parties means the Milestone Parties, the Plan Sponsors, the Creditors’ Committee, the Individual Creditor Parties, and the Additional Consenting Parties.
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Examples of Cayman Proceedings in a sentence

  • Except as otherwise provided in this Plan or pursuant to the Cayman Proceedings, the Debtors shall continue to exist after the Effective Date as Reorganized Debtors in accordance with the applicable laws of the respective jurisdictions in which they are incorporated or organized and pursuant to the Amended Certificates of Incorporation and the Amended By-Laws.

  • The Debtors are in compliance in all respects with the Orders and any order entered in connection with the Cayman Proceedings.

  • The Orders and each order validating the Facility entered in connection with the Cayman Proceedings are in full force and effect and be in full force and effect and have not been stayed, reversed, vacated, rescinded, modified or amended in any respect.

  • Holders of Existing CHC Interests will not receive or retain any property under the Plan or pursuant to the Cayman Proceedings on account of such Interests.

  • The corresponding Validation Order has been granted in the Hong Kong Proceedings on the same terms as the Validation Order granted in the Cayman Proceedings on 16 October 2018, and the Company will accordingly proceed to make full payment of the 10 September 2018 coupon (which includes additional overpaid interest) for the 2020 Notes.The Company has entered into a RSA to complete the Tender Offer with the Consenting Noteholders.

  • Holders of Existing CHC Interests shall not receive or retain any property under the Plan or pursuant to the Cayman Proceedings on account of such Interests.

  • Except as otherwise provided in the Plan or pursuant to the Cayman Proceedings, the Debtors shall continue to exist after the Effective Date as Reorganized Debtors in accordance with the applicable laws of the respective jurisdictions in which they are incorporated or organized and pursuant to the Amended Certificates of Incorporation and the Amended By-Laws.

  • Except as otherwise provided in the Plan or pursuant to the Cayman Proceedings, the Debtors will continue to exist after the Effective Date as Reorganized Debtors in accordance with the applicable laws of the respective jurisdictions in which they are incorporated or organized and pursuant to the Amended Certificates of Incorporation and the Amended By-Laws.

  • Each representation and warranty deemed to be made on or after the Exit Conversion Date shall be deemed to be made without the benefit of any carve-out or qualification relating to the Cases, the Bankruptcy Court, the Orders, the Cayman Proceedings or the Joint Provisional Liquidators.

  • Other than the Cases and the Cayman Proceedings, no litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of any Obligor, threatened (i) relating to the Facility or Finance Documents or(ii) against such Obligor which could reasonably be expected to have a Material Adverse Effect.


More Definitions of Cayman Proceedings

Cayman Proceedings has the meaning set forth in the Restructuring Term Sheet. ​
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Cayman Proceedings means the provisional liquidation of AIHL being performed in the Cayman Islands for which Simon Appell and Gordon MacRae were appointed joint provisional liquidators (the “Joint Provisional Liquidators”) of AIHL on March 20, 2012.
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Cayman Proceedings means the insolvency proceedings of TMFE commenced in the Cayman Court on January 4, 2012, Cause No. FSD 1 of 2012.
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Cayman Proceedings means the insolvency proceedings of TMFE in the Cayman Court.
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Related to Cayman Proceedings

  • CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;

  • criminal proceedings means criminal proceedings in relation to which the strict rules of evidence apply;

  • Formal proceedings means proceedings conducted before a judge with notice to interested persons.

  • civil proceedings means any proceedings in or before any court or tribunal that are not criminal proceedings;

  • Proceedings means all proceedings, actions, claims, suits, investigations and inquiries by or before any arbitrator or Governmental Entity.

  • Informal proceedings means proceedings for probate of a will or appointment of a personal representative conducted by the probate register without notice to interested persons.

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • Bond proceedings means, collectively, this Resolution, the Certificate of Award, the Continuing Disclosure Agreement, the Registrar Agreement, the Purchase Agreement, and such other proceedings of the Board, including the Bonds, that provide collectively for, among other things, the rights of holders and beneficial owners of the Bonds.

  • relevant proceedings means proceedings for contempt of court or proceedings under Schedule 2 to the Anti-social Behaviour, Crime and Policing Act 2014;

  • Environmental Proceedings means any judicial or administrative proceedings arising from or in any way associated with any Environmental Requirement.

  • Bankruptcy Proceedings has the meaning set forth in clause (b) of paragraph 9 hereof.

  • Insolvency Proceedings means bankruptcy, liquidation or other collective judicial or administrative proceedings, including interim proceedings, in which the assets and affairs of the debtor are subject to control or supervision by a court for the purposes of reorganisation or liquidation;

  • Criminal proceeding means a proceeding instituted by means of the swearing of an information, the laying of a charge or the return of an indictment, before a Court of competent jurisdiction in Canada with jurisdiction to hear and determine the charges referred to therein, alleging or charging that the "Insured" has contravened the provisions of any Provincial or Federal statute, including the Criminal Code, R.S.C. 1985 ch. C-46 as amended, which creates an offence or crime and which provides for conviction thereunder, whether by way of summary conviction or indictment, and as a result of which the "Insured" is liable to be convicted, fined or sentenced to some form of imprisonment or other punishment.

  • Legal Proceedings means any judicial, administrative or arbitral actions, suits, proceedings (public or private) or governmental proceedings.

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.

  • Adjudicative proceeding means the procedure to be followed in contested cases, as set forth in RSA 541-A:31 through RSA 541-A:36.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation;

  • foreign main proceeding means a foreign proceeding taking place in the State where the debtor has the centre of its main interests;

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • ADR Proceeding means either an Arbitration or a Mediation.

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Tribal Court ’ means a court with juris- diction over child custody proceedings and which is either a Court of Indian Offenses, a court established and operated under the code or custom of an Indian tribe, or any other ad- ministrative body of a tribe which is vested with authority over child custody proceedings.

  • Good Faith Contest means the contest of an item if: (1) the item is diligently contested in good faith, and, if appropriate, by proceedings timely instituted; (2) adequate reserves are established with respect to the contested item; (3) during the period of such contest, the enforcement of any contested item is effectively stayed; and (4) the failure to pay or comply with the contested item during the period of the contest is not likely to result in a Material Adverse Change.

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • Receivership court means the court in the insolvent or impaired insurer's state having jurisdiction over the conservation, rehabilitation, or liquidation of the member insurer.