Restructuring action definition

Restructuring action means any action taken by the bank to negotiate for a change in repayment terms for any overdue credit facility with a borrower, and such credit facility is still being repaid in accordance with the new repayment terms, and includes individuals reported under items 1a and 2a of Table 5 who also have overdue credit facilities;
Restructuring action means an action to restructure the business of any Group Company or the VIA Operations which restructuring is carried out prior to Closing by agreement between VIA Inc. and the Purchaser;
Restructuring action means any action taken by the bank to negotiate for a change in repayment terms for any overdue loan with a borrower, and the loan is still being repaid in accordance with the new repayment terms;

Related to Restructuring action

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Restructuring has the meaning set forth in the Recitals.

  • Restructuring Agreement shall have the meaning set forth in the recitals.