Steps Plan definition

Steps Plan means a plan evidenced by Eligible Information contemplating that there will be a series of successions to some or all of the Relevant Obligations of the Reference Entity, by one or more entities.
Steps Plan means the demerger steps plan prepared by ▇▇▇▇▇▇▇▇▇ and May summarising the proposals in relation to the Separation Transaction, and initialled for identification purposes by or on behalf of each of GSK, Pfizer and Haleon; “Sterling” and “£” means the lawful currency of the United Kingdom;
Steps Plan means a plan evidenced by Publicly Available Successor Information contemplating that there will be a series of successions to some or all of the Relevant Obligations of the Reference Entity, by one or more entities in consequence of which one or more than one different legal person or entity assumes or becomes liable for such Relevant Obligations.

Examples of Steps Plan in a sentence

  • Subject to the terms and conditions of this Agreement, including Section 4.4, the Parties shall use, and shall cause their respective Affiliates to use, their respective commercially reasonable efforts to consummate the transactions contemplated hereby, a portion of which have already been implemented prior to the date hereof, including the Internal Reorganization Steps Plan.

  • On the terms and subject to the conditions set forth in this Agreement, including Section 1.8, at the Closing, each of Seller and Buyer shall, and shall cause its applicable Subsidiaries to, complete the transactions contemplated in Section 1.1(a) or Section 1.1(b) in the same manner contemplated in the Steps Plan.


More Definitions of Steps Plan

Steps Plan means the steps plan set forth on Exhibit A hereto.
Steps Plan means the demerger steps plan prepared by ▇▇▇▇▇▇▇▇▇ and May summarising the proposals in relation to the Separation Transaction, and initialled for identification purposes by or on behalf of each of GSK, Pfizer and Haleon;
Steps Plan means that certain “Project Blue 2 – Proposed Step Planprepared by ▇▇▇▇▇ & ▇▇▇▇▇, dated as of December 1, 2014, as same may be amended, restated, supplemented or otherwise modified in accordance with Section 4.01(k)(ii) and Section 5.16(a).
Steps Plan means the steps plan set forth on Section 9.02(f) of the Parent Disclosure Letter.
Steps Plan means [•] set forth on Exhibit E hereto.
Steps Plan has the meaning specified in the Separation Agreement.
Steps Plan means the implementation steps plan for the Restructuring to be agreed by the Company, the Majority Core Noteholder Group and the RCF SteerCo Group in accordance with Clause 3.1 (Implementation and Steps Plan) (as amended, updated, supplemented or modified from time to time in accordance with this Agreement).