DFH Scheme definition

DFH Scheme means a scheme of arrangement in the Cayman Islands in accordance with Section 86 of the Companies Law as proposed by DFH for the restructuring of the DFH Scheme Claims as described in section 2 of Schedule 3 (Restructuring Term Sheet).
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Examples of DFH Scheme in a sentence

  • DFH Scheme Consideration Each holder of a DFH Scheme Claim will exchange its DFH Loans with the Parent for its pro rata portion of the DFH Scheme Consideration.

  • Unless otherwise defined herein, terms defined in the Credit Agreement or the DFH Scheme, as applicable, are used herein as therein defined.

  • The DFH Scheme Creditor wishes to vote at the DFH Scheme Meeting as follows.

  • Any Relevant Scheme Creditor wishing to do so should complete a Lender Claim Letter in respect of all of its Scheme Claims which it intends to vote for the UDW Scheme, the DFH Scheme or the DOV Scheme and all of the Scheme Claims it intends to vote against (as applicable).

  • The DFH Scheme Creditor understands that this expression of intention is not binding and that it may vote as it sees fit at the DFH Scheme Meeting.

  • Failure to submit a Lender Claim Letter and/ or Confirmation Form before the Submission Deadline will not preclude a Relevant Scheme Creditor from voting in person or by proxy at the UDW Scheme Meeting, DFH Scheme Meeting or DOV Scheme Meeting (as applicable) provided that the Relevant Scheme Creditor or its proxy is able to establish the Relevant Scheme Creditor's identity and entitlement to vote at the UDW Scheme Meeting, DFH Scheme Meeting or DOV Scheme Meeting (as applicable).

  • Pursuant to the terms of the DFH Scheme, on the Restructuring Effective Date each Assignor Lender hereby fully and forever cancels and terminates their rights, title and interest in the Cancelled Loans and releases the Loan Parties’ Loan Document Obligations with respect to such Cancelled Loans.

  • If a DFH Scheme Creditor intends to attend the DFH Scheme Meeting, it may amend its voting instructions provided in this Part 2 by submitting a new validly completed Part 2 of this Lender Claim Letter to the chairman of the DFH Scheme Meeting before the start of the DFH Scheme Meeting.

  • Pursuant to the terms of the DFH Scheme, on the Restructuring Effective Date to the extent that any Borrower Subsidiary Guarantor has guaranteed any of the Cancelled Loans, such guarantee is hereby fully and forever released.