Restructuring Request definition

Restructuring Request means the written request of the Company to make any payment not permitted hereunder, reorganize any Subsidiary, write off or net any intercompany Indebtedness, or take any other action as deemed necessary by management of the Company for the purpose of effectuating a restructuring of any of the Company’s or any of its Subsidiaries’ businesses.
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Examples of Restructuring Request in a sentence

  • Unless otherwise permitted pursuant to the express terms of any Approved Restructuring Request, use any Net Proceeds received from any Disposition described in clause (a) of the definition of the term “Prepayment Event” for any purpose other than in accordance with the terms hereof (including clause (a) of the definition of the term “Prepayment Event” and Section 2.05(d)).

  • Subject to the satisfaction of each of the conditions to effectiveness set forth in Section 2 of this Amendment, notwithstanding anything to the contrary set forth in the Credit Agreement or any other Loan Document, the Administrative Agent and the Required Lenders hereby consent to the Corporate Restructuring Request.

Related to Restructuring Request

  • Restructuring Date means the date on which a Restructuring is legally effective in accordance with the terms of the documentation governing such Restructuring.

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

  • 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 Documents means, collectively, the documents and agreements (and the exhibits, schedules, annexes and supplements thereto) necessary to implement, or entered into in connection with, this Plan, including, without limitation, the Plan Supplement, the Exhibits, the Plan Schedules, the Amended/New Organizational Documents, the Exit Facility Loan Documents, and the Plan Securities and Documents.

  • Restructuring Transactions Memorandum means a document, to be included in the Plan Supplement, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Debtors and issuance of the New Valaris Equity, through the Chapter 11 Cases, the Plan, or any Implementation Mechanism (including, in the United Kingdom, through the Administration).