Successful Resolution Applicant definition

Successful Resolution Applicant means the Resolution Applicant, whose Resolution Plan is accepted by the CoC and to whom the Letter of Intent is issued by the RP, in accordance with the terms of this RFRP, for the purposes of the Proposed Transaction.
Successful Resolution Applicant or “Successful Applicant” means the Resolution Applicant whose Compliant Resolution Plan is approved by the CoC and to whom the Letter of Intent is issued by the CoC, in accordance with the terms of this RFRP.
Successful Resolution Applicant means the Resolution Applicant, whose Resolution Plan is accepted by the CoC and to whom the Letter of Intent is issued by

Examples of Successful Resolution Applicant in a sentence

  • We shall not be relieved from our liability by any reason of any such variation or extension being granted to the said Successful Resolution Applicant or by any such matter or thing whatsoever which under the law relating to sureties would but for this provision have effect of so relieving us.

  • Pursuant to the acceptance of the Letter of Intent, the Successful Resolution Applicant shall be required to comply with the following conditions, in accordance with the stipulated timelines, as set out in this RFRP (“Conditions Subsequent”).

  • We confirm that we have studied the provisions of the IB Code, the CIRP Regulations and other relevant laws and regulations to enable us to submit our Resolution Plan along with required documents and execute the other required documents in the event of our selection as the Successful Resolution Applicant.

  • To provide continuous moisture protection and pathogen protection at the neck, the liner shall be positioned so that it is sandwiched between an outer-facing pathogen shield and an inside facing of the specified outer shell material.

  • It is clarified for abundant caution that the Resolution Plan approved by the COC shall not be subject to any expiry and shall remain valid and binding on the Successful Resolution Applicant.

  • The Successful Resolution Applicant to state on affidavit that the following payments are provided for/or will be paid over and above the provisions of the Resolution Plan in compliance of the order of the Hon’ble NCLAT in the Case of M/s Jet Airways India Ltd.

  • Upon approval of the Resolution Plan by the Adjudicating Authority, the Successful Resolution Applicant will be declared as the Successful Resolution Applicant by the Adjudicating Authority.

  • For avoidance of doubt, such selection of a Successful Resolution Applicant by the CoC shall be final and binding on all the Resolution Applicants.

  • The shares or assets of the Company shall be acquired, pursuant to the Proposed Transaction, by the Successful Resolution Applicant on an “as is where is” basis.

  • The Earnest Money Deposit shall be returned to the Successful Resolution Applicant, upon submission of PBG as described in clause 1.9.3 above.


More Definitions of Successful Resolution Applicant

Successful Resolution Applicant means the Selected Resolution Applicant whose Compliant Resolution Plan is approved by the CoC under Section 30(4) of the Code and submitted to the Adjudicating Authority under Section 30(6) of the Code read with Regulation 39 of CIRP Regulations, in accordance with the Process Note.
Successful Resolution Applicant means the Resolution Applicant whose Resolution Plan is accepted by the Committee of Creditors and to whom the Letter of Intent is issued by the Resolution Professional/Committee of Creditors in accordance with the terms of theRequest for Resolution Plan’.

Related to Successful Resolution Applicant

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • Initial Resolution Period As defined in Section 2.03(b).

  • Resolution Date means the date the funded amount, plus the

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • Series Resolution or “this Resolution” means this Resolution authorizing the issuance and sale of the Series 2020 Bonds in one or more series or sub-series, and including the applicable Certificate of Award for any such series.

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Arrangement Resolution means the special resolution approving the Plan of Arrangement to be considered at the Company Meeting, substantially in the form of Schedule B.

  • UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

  • Relevant UK Resolution Authority means any authority with the ability to exercise a UK Bail-in Power.

  • U.S. Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Relevant Resolution Authority means the resolution authority with the ability to exercise any Bail-in Powers in relation to the relevant Underwriter.

  • Resolution Time means 1:00 p.m. New York time on the Local Business Day following the date on which the notice of the dispute is given under Paragraph 5.

  • U.S. Special Resolution Regimes has the meaning specified in Section 11.21.

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • Resolution shall have the meaning specified in Section 8(E).

  • Amalgamation Resolution means the special resolution of the Shareholders concerning the Amalgamation to be considered at the Meeting, substantially in the form set out in Appendix A to the Circular;

  • Credit Event Resolution Request Date means, with respect to a notice to ISDA requesting that a Credit Derivatives Determinations Committee be convened to resolve:

  • unanimous resolution means, subject to subsection (3) -

  • EEA Resolution Authority means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

  • Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Resolution Period has the meaning set forth in Section 2.04(c)(ii).

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Certified Resolution means a copy of a resolution of the Board of Directors of the Company, certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted and to be in full force and effect on the date of such certification.