Financial Restructuring definition

Financial Restructuring means the restructuring of the Existing Facilities, the Hedging Exposures and the provision of the Super Senior Facility in accordance with this Agreement and the Implementation Plan, in particular by the provision by all or certain of the Lenders to the Original Obligors of a Super Senior Facility, and the amendment and harmonisation of key terms of the Existing Facility Agreements by the entry by the Finance Parties into the Framework Agreement and the Intercreditor Agreement, in consideration of which the Lenders shall have the right (but not the obligation) to subscribe for the Lender Shares and to receive their allocation of the Restructuring Fee and an assignment of the Assigned Receivables which together with each Lender’s allocation of the Assigned Receivables, shall be exclusively for the purposes of conversion into their proportion of Lender Shares out of New Equity (save that any Lender may decline any share subscription (in full or in part) if it so wishes).

Financial Restructuring has the meaning given to it in Recital (A);

Financial Restructuring has the meaning set forth in the tenth whereas clause.

Examples of Financial Restructuring in a sentence

• Assets and liabilities (gross block, loans and equity), as on the date mentioned in the notification, have been considered by the Commission in line with the Financial Restructuring Plan (FRP), as approved by Government of Gujarat.

• While Bolivia does not have a formal deposit insurance system, it has a Financial Restructuring Fund set up in December 2001 that acts as deposit insurance.

• OVERVIEWSteve Ostrow is a Partner in the Financial Restructuring and Bankruptcy and the Real Estate and Finance groups.

• Event of Default and Financial Restructuring Due to the liquidity constraints experienced by the Company subsequent to year end, the Company attempted to negotiate with the holders of the Secured Notes for temporary relief of the Company’s interest obligations due March 31, 2020, however, the parties were unable to reach a satisfactory agreement.

• Without the Financial Restructuring, it is unlikely that SIHNV would have been in the financial position to offer this SIHNV Composition Plan and the Distribution Creditors would not have been able to receive the same (if any) recovery on their Claims against SIHNV.

More Definitions of Financial Restructuring

Financial Restructuring means the proposed financial restructuring of the Corp and plc pursuant to the Schemes more particularly described in the scheme document (together with the explanatory statements and all appendices, schedules and annexures to it) to be issued in connection with the Schemes; 112

Financial Restructuring means the various transactions contemplated by the Restructuring Agreement, including but not limited to the Exchange Offer, the solicitation by the Company of consents to amendments to the Old Indenture and the certificate of designation for the Company's 13-1/2% Exchangeable Preferred Stock due 2010 and the purchase by Investcorp of the Company's 13% Convertible Exchangeable Preferred Stock due 2008 and warrants to purchase the Company's Class A Common Stock, par value $0.01 per share.

Financial Restructuring means changing the composition, conditions, or structure of a debtor's assets and liabilities, including or any other part of the debtor's capital structure, including share capital, or a combination of those elements, including sales of assets or parts of the business, with the objective of enabling the enterprise to continue in whole or in part;

Financial Restructuring means the various transactions contemplated by the Restructuring Agreement, including but not limited to the Exchange Offer, the solicitation by the Issuer of consents to amendments to the indenture for the Issuer's 11% Senior Subordinated Discount Notes due 2008 and the certificate of designation for the Issuer's 13-1/2% Exchangeable Preferred Stock due 2010 and the purchase by Investcorp of the Issuer's 13% Convertible Exchangeable Preferred Stock due 2008 and warrants to purchase the Issuer's Class A Common Stock, par value $0.01 per share.

Financial Restructuring has the meaning given to that term in Recital (A).

Financial Restructuring means the financial restructuring of the ----------------------- Existing PRT Notes on the terms and conditions set forth in this Plan.

Financial Restructuring means the consensual financial restructuring, to be implemented in the context of a reorganisation plan pursuant to Article 67(3)(d) of Italian Royal Decree no. 267 of 16 March 1942 (“Article 67”), of the debt obligations and capital structure of the Group and Lighthouse, as effected by means of the Financial Restructuring Implementation Transactions.