Dutch Bankruptcy Code definition

Dutch Bankruptcy Code means the Dutch Faillissementswet, together with all related rules and regulations.
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Dutch Bankruptcy Code shall have the meaning set forth in the Recitals.
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Dutch Bankruptcy Code means The Netherlands Bankruptcy Act (Nederlandse Faillissementswet van 30 September 1893, Stb. 140), as amended from time to time.
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Examples of Dutch Bankruptcy Code in a sentence

  • The restructuring agreement contains: • a plan for the restructuring of UPC's debt and equity capital and the filing by UPC of a voluntary case under Chapter 11 of the United States Bankruptcy Code and a voluntary provisional moratorium of payments petition and plan of compulsory composition (Akkoord) under the Dutch Bankruptcy Code, and • an agreement by the security holders to forbear from exercising rights and remedies relating to the defaults while the restructuring agreement remains in effect.

  • Because the Dutch Bankruptcy Code does not provide for the Dutch Bankruptcy Case to avoid compliance with otherwise applicable corporate law, in order to facilitate implementation of the Plan, the Debtor shall hold an extraordinary meeting of the Holders of the UPC Ordinary Shares A, the UPC Priority Shares and the UPC Preference Shares A (the "Extraordinary General Meeting").

  • UPC shall use its reasonable best efforts to ensure that claims that are treated as administrative claims in the Chapter 11 Case are treated by UPC and the Administrator as claims of "estate creditors" (boedelschuldeisers) or "xxxxxx-suppliers" (dwangcrediteuren) under the Dutch Bankruptcy Code in connection with moratorium proceedings in respect of UPC under the Dutch Bankruptcy Code.

  • As previously reported, on March 12, 2003, the Amsterdam Court (Rechtbank) (the "Dutch Bankruptcy Court") considered the proposed plan of compulsory composition (Akkoord) under the Dutch Faillissementswet (the "Dutch Bankruptcy Code") filed by United Pan-Europe Communications N.V. (the "Company") at a public hearing and on March 13, 2003, ratified the Akkoord in a written decision.

  • All matters relating solely to issues of Dutch bankruptcy law shall be governed by and be construed in accordance with the Dutch Bankruptcy Code and all other relevant Dutch Laws, except that the company Laws of The Netherlands shall apply to all matters relating to issues of general corporate law.

  • In accordance with the Dutch Bankruptcy Code, Critical Vendors who are also "xxxxxx-suppliers," having been paid shall not be treated as creditors of UPC and shall not be entitled to vote on the Akkoord and shall not receive any additional compensation as a result of the Plan or the Akkoord except having their claims paid in full in cash on or as soon as practicable after the Filing Date.

  • Furthermore, under the Dutch Bankruptcy Code, foreclosure by a holder of a security right in an asset which forms part of a bankrupt estate or is owned by an entity which has been granted a suspension of payments ( surseance van betaling verleend) may be prevented by the bankruptcy court for a maximum period of four months.

Related to Dutch Bankruptcy Code

  • U.S. Bankruptcy Code means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

  • United States Bankruptcy Code means the Bankruptcy Reform Act of 1978, as amended and as codified in Title 11 of the United States Code, as amended from time to time hereafter, or any successor federal bankruptcy law.

  • Bankruptcy Code means Title 11 of the United States Code entitled “Bankruptcy,” as now and hereafter in effect, or any successor statute.

  • Federal Bankruptcy Code means Title 11 of the United States Code entitled “Bankruptcy,” as amended and any successor statute thereto.

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • Local Bankruptcy Rules means the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Delaware.

  • Federal Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.

  • Insolvency Act means the Insolvency Xxx 0000;

  • Bankruptcy Act means the Bankruptcy Act or Title 11 of the United States Code.

  • EU Insolvency Regulation means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast).

  • Debtor Laws means all applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, receivership, insolvency, reorganization, or similar laws, or general equitable principles from time to time in effect affecting the rights of creditors generally.

  • insolvency practitioner means any receiver, administrator or liquidator appointed in respect of the Tenant;

  • Bankruptcy Rules means the Federal Rules of Bankruptcy Procedure.

  • U.S. Code means the U.S. Internal Revenue Code of 1986, as amended.

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

  • Insolvency Regulation means the Council Regulation (EC) No.1346/2000 29 May 2000 on Insolvency Proceedings.

  • Bankruptcy Laws has the meaning specified in Section 10.09.

  • Bankruptcy Plan a reorganization or plan of liquidation pursuant to any Debtor Relief Laws.

  • Creditors’ Rights has the meaning set forth in Section 3.2(b).

  • Creditors Rights Laws means any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, conservatorship, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to its debts or debtors.

  • U.S. Bankruptcy Court means the United States Bankruptcy Court for the Southern District of New York.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • United States Tax Person A citizen or resident of the United States, a corporation, partnership or other entity created or organized in, or under the laws of, the United States, any State thereof or the District of Columbia, an estate whose income from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its source or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States Tax Persons have the authority to control all substantial decisions of the trust, all within the meaning of Section 7701(a)(30) of the Code (or, to the extent provided in the applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected to be treated as United States Tax Persons).

  • Chapter 11 Case has the meaning set forth in the Recitals.