Concordato definition

Concordato as set forth in the bankruptcy laws of Italy;
Concordato or any analogous proceeding, as set forth in the bankruptcy laws of Italy as amended from time to time; (d) to establish a fund for the expenses necessary for the protection of common interests of the Noteholders and related statements of account; and (e) to pass a resolution concerning any other matter of common interest to the Noteholders. The constitution of meetings and the validity of resolutions thereof shall be governed pursuant to the Italian Civil Code and, as long as the Issuer has its shares listed on a regulated market in Italy or an other EU member country, pursuant to Legislative Decree no. 58 of 24 February 1998 (as amended from time to time) which currently provides that (subject as provided below) at any such meeting (i) in the case of a First Call meeting, one or more persons present holding Notes in definitive form or voting certificates or being proxies and holding or representing in the aggregate not less than one-half of the principal amount of the Notes for the time being outstanding, (ii) in the case of a Second Call meeting, one or more persons present holding Notes in definitive form or voting certificates or being proxies and holding or representing in the aggregate more than one-third of the principal amount of the Notes for the time being outstanding, (iii) in the case of a Third Call meeting one or more persons present holding Notes in definitive form or voting certificates or being proxies and holding or representing in the aggregate not less than one-fifth of the principal amount of the Notes for the time being outstanding, shall form a quorum for the transaction of business and no business (other than the choosing of a Chairman) shall be transacted at any meeting unless the requisite quorum is present at the commencement of the relevant business. The majority required at any such meeting (including any adjourned meetings) for passing an Extraordinary Resolution shall (subject 91 as provided below) be (upon a show of hands) at least two-thirds of the people entitled to vote thereat and (on a poll) at least two-thirds of the votes entitled to be cast on that poll, PROVIDED THAT at any meeting the business of which includes a modification to the Conditions of the Notes as provided under Article 2415 of the Italian Civil Code, (including, for the avoidance of doubt, (a) any reduction or cancellation of the amount payable or, where applicable, modification of the method of calculating the amount payable or modification of the da...

Examples of Concordato in a sentence

  • Quarta indagine nazionale sull’insegnamento della religione cattolica in Italia a trent’anni dalla revisione del Concordato , Elle Di Ci, Torino, 2016.

  • The waiver in Section 2 hereof shall be conditional upon the occurrence of, and with effect from immediately prior to, the Concordato Completion.

Related to Concordato

  • EUMA means the “SAP Delivered Support Agreement” which sets out the terms and conditions under which SAP provides support to End Users and which will be provided by SAP on a deal by deal basis.

  • WURA means the Winding-Up and Restructuring Act (Canada).

  • CESA means the California Endangered Species Act (Fish & G. Code, § 2050 et seq.) and all rules, regulations and guidelines promulgated pursuant to that Act.

  • CJA means the Courts of Justice Act, RSO 1990, c C-43, as amended;

  • LODR means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

  • Diocese means the Catholic diocese in which the Academy is situated;

  • CASA means a court-appointed special advocate;

  • Pistol means any firearm with a barrel less than sixteen inches in length, or is designed to be held and fired by the use of a single hand.

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • CAFA means the Class Action Fairness Act of 2005, 28 U.S.C. §§ 1711–1715.

  • ZAR means South African Rand, the lawful currency of South Africa.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Cadre means the strength of a service or a part of a service sanctioned as a separate unit.

  • CCAA means the Companies’ Creditors Arrangement Act (Canada).

  • KENAS wherever appearing means the Kenya National Accreditation Service or its successor(s) and assign(s) where the context so admits

  • Argentina means the Republic of Argentina.

  • Chile means the Republic of Chile.

  • DEL means the Department of Early Learning of the State of Washington; any division, section, office, unit or other entity of DEL; or any of the officers or other officials lawfully representing DEL.

  • EUA or “Extended Use Agreement” means, with respect to the HC Program, an agreement which sets forth the set-aside requirements and other Development requirements under the HC Program.

  • ATO means the Australian Taxation Office;

  • Dietitian or “licensed dietitian” means a person who maintains a license granted by the Iowa board of dietetic examiners.

  • CEDR means the Centre for Effective Dispute Resolution;

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • PAGA means the Private Attorneys General Act (Labor Code §§ 2698. et seq.).

  • RIO means a document published by a service provider specifying terms and conditions on which the other service provider may seek interconnection with such service provider;

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;