Reorganize definition

Reorganize shall have a correlative meaning) or purchase or acquire all or substantially all of the assets or Equity Securities of a Person or a business unit of a Person (whether in one or a series of transactions) (each, an “Acquisition”) or enter into any Contract providing for any Reorganization or Acquisition, provided, however, so long as no Default then exists or would be caused thereby:
Reorganize means changing the plan of govern- ment under which a city or town operates to a different gen- eral plan of government. A city or town shall not be deemed to have reorganized simply by increasing or decreasing the number of members of its legislative body.
Reorganize. As defined in Section 7.2.

Examples of Reorganize in a sentence

  • The Borrowers shall preserve and maintain their corporate existence, rights, franchises, patents and other intellectual property, licenses and privileges, and will not liquidate, dissolve, or merge, or consolidate with or into any other corporation, or sell, lease, transfer or otherwise dispose of all or a substantial part of its assets, except that the Borrowers shall be entitled to and shall timely and strictly reorganize in accordance with the Agreement to Reorganize and Sections 9 and 10 hereof.

  • This Agreement, each Note and each and every other Loan Document constitutes the valid and binding obligations of each of the Borrowers, enforceable against such Borrowers in accordance with their terms, and shall continue to constitute the valid, binding, and enforceable obligations of the surviving Borrower after the consummation of the contemplated reorganization and merger in accordance with the Agreements to Reorganize and Sections 9-10 hereof.

  • Notwithstanding the foregoing, there shall be no adjustment pursuant to this Section 9.4(a) with respect to grants of options to employees pursuant to employee benefit plans as in effect on the Closing Date hereof or pursuant to the Agreements to Reorganize.

  • Tennessee Farmers hereby acknowledges and agrees that any action taken by either Borrower which (i) is expressly called for in the Agreement(s) to Reorganize and (ii) would otherwise violate any section of this Agreement, or make any representation or warranty herein untrue or incorrect, or create an ongoing Event of Default hereunder, shall have no such effect.

  • The Service Provider on receiving Help Desk service requests from the Service Receiver will perform the following: • Create, add files to and Manage Journals • Perform program and database backups • Perform program and database restores • Reorganize Files • Create and add to Data Mirrors • PRMS ERP Capacity Management — The Service Provider will monitor the environment and make recommendations for capacity changes to the Service Receiver as necessary.


More Definitions of Reorganize

Reorganize means changing the plan of government under which
Reorganize shall have a correlative meaning),(x) purchase or acquire all or substantially all of the assets or Equity Securities of a Person or a business unit of a Person (whether in one or a series of transactions) (each, an “Acquisition”), (y) sell, transfer, assign, or otherwise dispose of all or substantially all of the assets of the Company and its Consolidated Subsidiaries (whether in one or a series of transactions) (any such transaction, a “Disposition”) or (z) enter into any Contract providing for any Reorganization, Acquisition or Disposition, provided, however, so long as no Default then exists or would be caused thereby:
Reorganize or otherwise cause the Collateral to be transferred to a Person incorporated or organized in another state except to the extent (i) permitted pursuant to the provisions of the Credit Agreement, (ii) it shall have given to the Collateral Agent not less than 30 days' prior written notice of its intention so to do, clearly describing such transaction and providing such other information in connection therewith as the Collateral Agent may reasonably request, (iii) with respect to such transaction, such Pledgor shall have taken all action to maintain the security interest of the Collateral Agent in the Collateral intended to be granted and perfected hereby at all times fully perfected and in full force and effect and (iv) the Collateral Agent shall have received reasonably satisfactory evidence that all other actions (including, without limitation, the payment of all filing fees and taxes, if any, payable in connection with such actions) have been taken, in order to perfect (and maintain the perfection and priority of) the security interest granted hereby.
Reorganize shall have a correlative meaning) or enter into any Contract providing for any Reorganization, provided, however:
Reorganize or otherwise cause the Collateral to be transferred to a Person incorporated or organized in another state except to the extent (i) permitted pursuant to the provisions of the Credit Agreement and (ii) it shall have given to the Administrative Agent not less than 45 days' prior written notice of its intention so to do, clearly describing such transaction and providing such other information in connection therewith as the Administrative Agent may reasonably request, and such Grantor shall have taken all action satisfactory to the Administrative Agent to maintain the perfection of the security interest of the Administrative Agent in the Collateral at all times as fully perfected and in full force and effect.
Reorganize or otherwise cause the Pledged Collateral to be transferred to a Person incorporated or organized in another state except to the extent (a) permitted pursuant to the provisions of the Credit Agreement, (b) it shall have given to the Collateral Agent not less than fifteen (15) days' prior written notice (in the form of an Officers' Certificate) of its intention so to do clearly describing such transaction and providing such other information in connection therewith as the Collateral Agent may request and (c) with respect to such transaction, such Pledgor shall have taken all action reasonably satisfactory to the Collateral Agent to maintain the perfection and priority of the security interest of the Collateral Agent for the benefit of the Secured Parties in the Pledged Collateral intended to be granted hereby.
Reorganize has the meaning as provided in sub-paragraph 26 of article 2 of the Company Law) or amends its articles of incorporation to set up or not to set up any of its organs provided in paragraph 2 of articles 326 of the Company Law, the Borrower shall promptly notify the Agent and the Lenders thereof via the Agent; and