Foreign Proceedings definition

Foreign Proceedings means any Proceedings except proceedings brought or pursued in England arising out of or in connection with (i) or in any way related to any of the Security Documents or any assets subject thereto or (ii) any action of any kind whatsoever taken by any Bank pursuant thereto or which would, if brought by any or all of the Borrowers against any Bank, have been required to be brought in the English courts;
Foreign Proceedings means collective judicial or administrative proceedings in a foreign State, including interim proceedings, pursuant to a law relating to insolvency in which proceedings the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganisation or liquidation;
Foreign Proceedings means collective judicial or administrative proceeding in a foreign State and includes an interim proceedings, under the law of insolvency, where the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of re- organisation or liquidation;

Examples of Foreign Proceedings in a sentence

  • Except as provided in Paragraph 23 above in respect of Royal Ahold’s ability to claim against the Settlement Fund for Foreign Proceedings shares, Royal Ahold shall not have any right to the return of the Settlement Fund, or any portion thereof, irrespective of the number of Proofs of Claim filed, the collective amount of losses of Authorized Claimants, the percentage recovery of losses or the amounts to be paid to Authorized Claimants from the Settlement Fund.

  • Foreign Proceedings On or as soon as is reasonably practicable after the Effective Date, the Bermudian Debtors shall commence the Bermudian Proceedings and the Canadian Debtors shall commence the Canadian Proceedings to facilitate the Restructuring and protect certain of the Debtors’ assets held outside of the United States.


More Definitions of Foreign Proceedings

Foreign Proceedings means collective judicial or administrative proceed- ings in a foreign State, including interim proceedings, pursuant to a law relating to insolvency in which proceedings the assets and affairs of the debtor
Foreign Proceedings has the meaning given to it in Clause 17.3;
Foreign Proceedings means: (1) the criminal petition filed by Petitioners in the Magistracy Court, Proceeding 9000094/2018, General ID Number: 5300543220180003697; and (2) the appeal filed by Petitioners of the Magistracy Court’s dismissal to the Tribunal de Corts (“High Court of Justice”), Appeals Art. 194 CPP 0000122/2018.
Foreign Proceedings means proceedings under foreign law commenced outside the United States and its Territories by Class Members residing outside the United States and its Territories.
Foreign Proceedings is defined as used in Section 17.3.
Foreign Proceedings means a collective judicial or administrative proceeding in a foreign state including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or