Restructuring definition

Restructuring has the meaning set forth in the Recitals.
Restructuring means that, with respect to one or more Obligations and in relation to an aggregate amount of not less than the Default Requirement, any one or more of the following events occurs in a form that binds all holders of such Obligation, is agreed between the Reference Entity or a Governmental Authority and a sufficient number of holders of such Obligation to bind all holders of the Obligation or is announced (or otherwise decreed) by the Reference Entity or a Governmental Authority in a form that binds all holders of such Obligation (including, in each case, in respect of Bonds only, by way of an exchange), and such event is not expressly provided for under the terms of such Obligation in effect as of the later of the Credit Event Backstop Date and the date as of which such Obligation is issued or incurred:
Restructuring has the meaning set forth in the recitals to this Agreement.

Examples of Restructuring in a sentence

  • Prior to the Closing, the Partnership shall provide Purchaser with a reasonable opportunity to review and comment on all material agreements required to effect the Restructuring, and the Partnership shall consider in good faith any of Purchaser’s comments thereon.

  • All of the representations and warranties expressly set forth in Article III and Article IV, other than Sections 4.06(c) and 4.08(n), shall be deemed to have been made, and all of the covenants and agreements set forth in this Agreement, other than Section 6.11, shall be deemed to be given, assuming for such purposes that the Restructuring has been completed as of the date of this Agreement.

  • After the Restructuring, Blocker will have no assets of any nature, including Equity Interests issued by other Persons, other than Partnership Interests and cash and cash equivalents.


More Definitions of Restructuring

Restructuring means the occurrence of any one or more of the following:
Restructuring has the meaning assigned to such term in the Reorganization Agreement.
Restructuring shall have the meaning set forth in Section 2.1(a).
Restructuring means changing public water system ownership including, but not limited to:
Restructuring means the financial and corporate restructuring of the Group in accordance with and as implemented through the 211B Proceedings, the Hyflux Scheme, the HE Scheme, the HMM Scheme, the Scheme and the Restructuring Documents.
Restructuring has the meaning assigned to that term in the recitals hereof.
Restructuring means the consummation of the transactions contemplated by the Restructuring Agreement.