Final Restructuring Date definition

Final Restructuring Date means the earliest to occur of (A) the date upon which any bankruptcy plan is declared effective and distributions are made with respect to the Buyer’s allowed claim based on the Credit Facility and its allowed interest based on the Shares pursuant to an order of a bankruptcy court, (B) the closing date of any out-of-court restructuring or recapitalization of the Company or any other consensual compromise, amendment, modification or other action affecting the outstanding debt obligations of the Company, including the Credit Facility, (C) the date on which Buyer and its Affiliates (not including the Company and the Subsidiaries) no longer have any interest in the Committed Sums and Principal Debt under the Credit Facility, (D) the date of termination or cancellation (or other repayment or satisfaction) of the Credit Facility and (E) if the Credit Agreement remains in effect and no bankruptcy case or out-of-court restructuring of the Company’s debt obligations has been commenced, January 5, 2006.
Final Restructuring Date means the time and date on which GE Capital US Holdings and other businesses then conducted by GECC and its subsidiaries become subsidiaries of GE Capital Global Holdings.
Final Restructuring Date means the earliest to occur of (A) the date upon which any bankruptcy plan is declared effective and distributions are made with respect to the Buyer’s allowed claim based on the Credit Facility and its allowed interest based on the Shares pursuant to an order of a bankruptcy court, (B) the closing date of any out-of-court restructuring or recapitalization of the Company or any other consensual compromise, amendment, modification or other action affecting the outstanding debt obligations of the Company, including the Credit Facility, (C) the date on which

Examples of Final Restructuring Date in a sentence

  • Any such payment shall be made in cash on the Final Restructuring Date or such later date promptly following the making of a final determination pursuant to the procedures set forth in the definition of “Recovery Value” below and shall be made by wire transfer to an account of Parent with a bank designated by Parent, by notice to Buyer, which notice shall be delivered not later than two business days after Buyer’s written request for such information.

  • In the event that the Restructuring Plan shall not have been completed to the satisfaction of the Company and the Investor Representative by 5:00 p.m. on June 30, 2017 (the “Final Restructuring Date”), unless such Final Restructuring Date shall be extended for up to 30 additional days by mutual consent of the Company and the Investor Representative, all Escrow Proceeds shall be returned to the Investor and other investors who have subscribed to Shares, without interest or deduction.

  • Notwithstanding anything in this Agreement to the contrary, at no time prior to the Final Restructuring Date shall the Selected Subsidiary be permitted, or have the power, to become an employer or to establish employee benefit plans or arrangements.