Restructure Plan definition
Examples of Restructure Plan in a sentence
The Board of Jupiter Energy Limited (ASX: “JPR”) provides this update regarding its proposed Debt Restructure Plan.
The Group Companies, the Ordinary Shareholders and the Founders shall use their respective best efforts to fulfill the restructure and reorganization of the Group Companies to the satisfaction of the Investors as described in the Restructure Plan attached hereto as Exhibit G.
The Company, with Board approval, shall implement the Capitalization and Restructure Plan as documented, agreed to and attached as Schedule 3.
Supplier expressly agrees that to the extent it fails to cooperate with the Restructure Plan or comply with the terms of the Restructuring Agreement in any manner, such action will automatically constitute an "Event of Default" under this Agreement.
Talk Time UK undertakes to use its reasonable endeavours to fulfil any Sales/Purchase Order as soon as reasonably practicable.
The Company announced on 12 September 2022 that the Debt Restructure Plan originally announced on 04 March 2022 would not proceed and that discussions were ongoing with its four (4) Noteholders regarding an amended Debt Restructure Plan.
Supplier agrees to cooperate fully with the Lenders, the Noteholders and Customer in order to effectuate the terms and conditions of the Restructuring Agreement and the Restructure Plan as outlined above.
The Lenders and the Noteholders, as applicable, agree to forbear from exercising their rights and remedies in respect of defaults which are currently in existence under the Loan Documents and will continue to provide financing to Supplier in accordance with the LIFO Restructuring Agreement, the Restructuring Agreement and the Restructure Plan as outlined above.