Solvent Reorganisation definition

Solvent Reorganisation means an amalgamation, demerger, merger, consolidation, liquidation or corporate reconstruction on a solvent basis of a Material Subsidiary (and not involving the Issuer).
Solvent Reorganisation means, with respect to Crown, a solvent winding-up, deregistration, dissolution, scheme of arrangement or other reorganisation of Crown solely for the purposes of a consolidation, amalgamation, merger or reconstruction, the terms of which have been approved by the holders of the ordinary shares of Crown or by a court of competent jurisdiction under which the continuing or resulting corporation effectively assumes the obligations of Crown under these Terms and the Trust Deed.
Solvent Reorganisation means a solvent Winding-Up for the purposes of a reorganisation, reconstruction or amalgamation the terms of which reorganisation, reconstruction or amalgamation have previously been approved in writing by the Trustee or by an Extraordinary Resolution and do not provide that the Notes shall thereby become redeemable or repayable.

Examples of Solvent Reorganisation in a sentence

  • MAF Properties initiates or consents to judicial proceedings relating to itself under any applicable liquidation, insolvency, composition, reorganisation or other similar laws (including the obtaining of a moratorium) or makes a conveyance or assignment for the benefit of, or enters into any composition or other arrangement with, its creditors generally (or any class of its creditors) on a voluntary basis, save, in all cases, in connection with a Solvent Reorganisation.


More Definitions of Solvent Reorganisation

Solvent Reorganisation means a solvent winding-up solely for the purposes of a reorganisation, reconstruction or amalgamation or the substitution in place of the Trustee or DP World (as the case may be) of a successor in business of the Trustee or DP World (as applicable), the terms of which reorganisation, reconstruction, amalgamation or substitution: (a) have previously been approved in writing by the Delegate or by an Extraordinary Resolution; and (b) do not provide that the Certificates shall thereby become redeemable or repayable in accordance with these Conditions;
Solvent Reorganisation means, with respect to the Issuer, a Guarantor or AusNet Services (as the case may be), solvent winding-up, deregistration, dissolution, scheme of arrangement or other reorganisation of the Issuer, such Guarantor or AusNet Services (as the case may be) solely for the purposes of a consolidation, amalgamation, merger or reconstruction, the terms of which have been approved by the holder(s) of the Ordinary Shares of the Issuer, such Guarantor or AusNet Services (as the case may be) in general meeting or by a court of competent jurisdiction and, in respect of the Issuer or a Guarantor, under which the continuing or resulting corporation effectively assumes the obligations of the Issuer under the Subordinated Notes and the Trust Deed or of such Guarantor under the Guarantee and the Trust Deed (as the case may be).
Solvent Reorganisation means any solvent reorganisation of the Company, including without limitation by merger, consolidation, recapitalisation, transfer or sale of all or substantially all of the shares or assets of the Company, scheme of arrangement, exchange of securities, conversion of entity, migration of entity, formation of new entity, or any other transaction or group of transactions. SPAC means Gores Guggenheim, Inc., a Delaware corporation special resolution shall have the meaning ascribed thereto in section 283 of the Companies Xxx 0000. Sponsor means Gores Guggenheim Sponsor LLC. Subsidiary has the meaning given in section 1159 of the Companies Xxx 0000.
Solvent Reorganisation means a solvent winding-up solely for the purposes of a reorganisation, reconstruction or amalgamation or the substitution in place of the Issuer or the relevant Guarantor (as the case may be) of a successor in business of the Issuer or the relevant Guarantor (as the case may be), the terms of which reorganisation, reconstruction, amalgamation or substitution: (a) have previously been approved in writing by the Trustee or by an Extraordinary Resolution (as defined in the Trust Deed); and (b) do not provide that the Notes shall thereby become redeemable or repayable in accordance with these Conditions;
Solvent Reorganisation. ’ means (a) a liquidation, winding-up or dissolution of the Issuer of TPHL, as the case may be, for the purposes of or pursuant to a consolidation, amalgamation, merger or reconstruction (i) pursuant to which other members of the Group expressly assume all the obligations of the Issuer or TPHL (as the case may be) or (ii) the terms of which have previously been approved by an Extraordinary Resolution of the Noteholders or (b) a liquidation, winding-up or dissolution (if any) pursuant to a substitution under Condition 15.
Solvent Reorganisation means any solvent reorganisation or other similar transaction, including without limitation by merger (including the Merger), consolidation, recapitalisation, transfer or sale of all or substantially all of the shares or assets of any company or its subsidiaries, scheme of arrangement, exchange of securities, conversion of entity, migration of entity, reincorporation, formation of new entity, or any other transaction or group of transactions, including (i) in the case of Liberty Parent, any such transaction that results in the elimination or termination of the tracking stock group structure at Liberty Parent and (ii) in the case of the Company, any recapitalization of the Company whereby each outstanding class and series of capital shares is collapsed into one class or series of capital shares such that each such share has one vote per share (the “Company Recapitalization”);
Solvent Reorganisation means an amalgamation, demerger, merger, consolidation, liquidation or corporate reconstruction on a solvent basis of a Material Subsidiary (and not involving the Issuer).11. NoticesNotices to the Noteholders shall be valid if (i) delivered by or on behalf of the Issuer to the NBB Securities Settlement System for communication by it to the NBB Securities Settlement System participants and (ii) published on its website (https://www.immobelgroup.com/en/publications/june-2022-emtn-programme- 2022). Any such notice shall be deemed to have been given on the latest day of (i) seven days after its delivery to the NBB Securities Settlement System and (ii) publication on its website.The Issuer shall further ensure that all notices are duly published in a manner which complies with the rules and regulations of the regulated market of Euronext Brussels and on any stock exchange or other relevant authority on which the Notes are listed. Any such notice shall be deemed to have been given on the date of such publication or, if required to be published in more than one newspaper or in more than one manner, on the date of the first such publication in all the required newspapers or in each required manner.12. Meetings of Noteholders, Modification and Waiver