Reorganisation definition

Reorganisation means (without limitation) any transaction, deemed transaction, step, procedure or agreement, including (but without limitation) the transfer, distribution, contribution or settlement of assets and/or liabilities.
Reorganisation means proceedings which effect the interposition of a limited liability company (“Newco”) between the Shareholders of CSG immediately prior to such proceedings (the “Existing Shareholders”) and CSG; provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders; (ii) immediately after completion of such proceedings the only holders of ordinary shares, units or equivalent of Newco or, as the case may be, the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, are Existing Shareholders holding in the same proportions as immediately prior to completion of such proceedings; (iii) immediately after completion of such proceedings, Newco is (or one or more wholly-owned Subsidiaries of Newco are) the only shareholder of CSG; (iv) all Subsidiaries of CSG immediately prior to such proceedings (other than Newco, if Newco is then a Subsidiary of CSG) are Subsidiaries of CSG (or of Newco) immediately after completion of such proceedings; and (v) immediately after completion of such proceedings, CSG (or Newco) holds, directly or indirectly, the same percentage of the ordinary share capital and equity share capital of those Subsidiaries as was held by CSG immediately prior to such proceedings;
Reorganisation means, with respect to any company, any issue of shares of such company by way of capitalisation of profits or reserves or rights and any consolidation or sub-division or reduction of capital or other reconstruction or adjustment relating to the share capital of such company (or any shares or securities derived therefrom) and any other amalgamation or reconstruction affecting the share capital of such company (or any shares, stock or securities derived therefrom);

Examples of Reorganisation in a sentence

  • See the Handbook for Reporting Debt Reorganisation on the DAC Questionnaire.

  • Upon completion of the Reorganisation, the Shenyang Commercial Property has become the sole substantial asset of Shenzhen Hongguanghao.

  • Prior to completion of the Reorganisation which took place on 24 January 2024, Shenzhen Hongguanghao had no operation and did not have any material asset or liability.

  • As explained aforesaid in note 2(c) to the Unaudited Pro Forma Financial Information of the Remaining Group, upon completion of the Reorganisation on 24 January 2024, the Shenyang Commercial Property has become the sole substantial asset of Shenzhen Hongguanghao.

  • At their last meeting, the Parish Council considered the Local Government Reorganisation Consultation.


More Definitions of Reorganisation

Reorganisation has the meaning given to it in Clause 2.3.5;
Reorganisation means the conveyance, transfer or lease of the properties and assets of the Issuer substantially as an entirety to any Person that guarantees the Issuer's obligations under these presents in accordance with Clause 20; repay, redeem and pay shall each include both the others and cognate expressions shall be construed accordingly;
Reorganisation means any variation in the share capital of the Company, including but without limitation a capitalisation issue, rights issue, rights offer or bonus issue and a sub-division, consolidation or reduction in the capital of the Company but excluding a capitalisation issue in substitution for or as an alternative to a cash dividend;
Reorganisation means every issue by way of capitalisation of profits or reserves and every issue by way of rights or bonus and every consolidation or sub-division or reduction of capital, buy-back of securities or capital distribution or other reconstruction or adjustment relating to the share capital of the Banking Company and any merger, demerger, spin-off, consolidation, amalgamation or reconstruction affecting the share capital of the Banking Company;
Reorganisation has the meaning given in Clause 5.2.2;
Reorganisation has the meaning given to it in Recital (A);
Reorganisation means any variation of the share capital of the Company and includes (whether made or done by the Company) every issue or payment up by way of capitalisation of profits or reserves (including share premium account and capital redemption reserve and whether of share capital or other securities) and every issue by way of rights (including any offer or invitation made by the Company) and every consolidation or sub-division or reduction of capital (including share premium account or capital redemption reserve) and every purchase or redemption of the Company’s own shares and every dividend or other distribution out of capital profits or capital reserves or any profits or reserves arising from a distribution of capital profits or capital reserves of a subsidiary or any distribution in specie or other reconstruction or adjustment relating to the share capital (or any shares or stock derived therefrom) and any amalgamation arrangement reconstruction or compromise affecting the share capital (or any shares or stock derived therefrom) and any variation abrogation or modification of rights attached to any class of share capital;