Reorganisation definition

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);
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;

Examples of Reorganisation in a sentence

The said Act in force in the combined State, as on 02.06.2014, has been adapted to the State of Telangana, under section 101 of the Andhra Pradesh Reorganisation Act, 2014 (Central Act 6 of 2014) vide.

The Group comprising the Company and its subsidiaries resulting from the Reorganisation is regarded as a continuing entity.

No adjustments are made to reflect fair values, or recognise any new assets or liabilities as a result of the Reorganisation.

The Mobile Cellular Policy (2004) and Pakistan Telecommunications (Re-organisation) (Amendment) Act, 2006 require that PTCL and all mobile licensees provide significant geographic coverage.

The Group resulting from the Group Reorganisation is regarded as a continuing entity.


More Definitions of Reorganisation

Reorganisation has the meaning given to it in Clause 2.3.5;
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;
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 this Clause; repay, redeem and pay shall each include both the others and cognate expressions shall be construed accordingly;
Reorganisation means the implementation of the Reorganisation Steps Plan as it relates to the G4Si Group Companies;
Reorganisation means proceedings which effect the interposition of a limited liability company (“Newco”) between the Stockholders immediately prior to such proceedings (the “Existing Stockholders”) and the Issuer; provided that:
Reorganisation means the reorganisation of the SellersGroup and its assets and liabilities as detailed in and contemplated by the transactions and other matters set out in the Separation Steps Plans, clauses 6.1 and 6.2 and the Separation Schedules to effect the separation of the InfraCo Business from the Sellers’ Group to operate on a standalone basis from Completion pursuant to the Transaction Documents, including all transactions, steps, actions, documents and other matters necessary or otherwise agreed to be taken in connection therewith;