Examples of Restructuring Agreement in a sentence
The result of the Proposed Issuance and Placing of A Shares, whether successful or not, shall not affect the implementation of the transactions contemplated under the Restructuring Agreement.
On 20 January 2005, the Company, Probest and Profitown entered into an agreement (the “Loan Restructuring Agreement”), pursuant to the terms of the Loan Restructuring Agreement, Profitown issued new promissory note in favour of Probest, in consideration of Probest waiving portion of the outstanding loan due and owing by the Company to Probest under the old promissory note.
On 2 December 2015, the Board resolved to approve (i) the Restructuring Agreement and the transactions contemplated under the Restructuring Agreement; and (ii) the Proposed Issuance and Placing of A Shares.
Exclusivity Period Under the terms of the Term Sheet, the Company shall not conduct any negotiations or enter into any verbal agreements or arrangements in relation to the restructuring, reorganisation, share subscription, scheme of arrangements, and/or any transactions contemplated under the Term Sheet with any third party (other than the Investor) from the date of the Term Sheet until the earlier of (i) the date of signing the Restructuring Agreement, or (ii) the termination of the Term Sheet.
As on March 31, 2017, no Restructuring Agreement existed, and it was formalised only on March 31, 2018.