the Reorganisation definition
Examples of the Reorganisation in a sentence
Save in respect of the Reorganisation, no Company owns any asset which it acquired within the period of six years ending on the date of this Agreement from another company which was at the date of acquisition a member of the same group of companies as that Company.
Details of the Reorganisation are set out in paragraph headed “Reorganisation” in this section.
In the event that either party disagrees with the transfer of any asset or liability as a consequence of or pursuant to the definitions of this Agreement, such party may raise its disagreements with the Separation Committee and the Separation Committee will consider each such request and any appropriate solutions in good faith and having regard to the overall objectives of the Reorganisation.
The board of directors of FIHL has determined that it is in the best interests of FIHL’s members as a whole to effect the Reorganisation.
In the event of reorganisations, the Reorganisation Code (Reorganisatiecode) and the Social Policy Framework (Sociaal Beleidskader) are applied.
In accordance with clause 20.1, the Parties shall amend the SPA as necessary to reflect the effect of the Reorganisation on the Company and the Option Shares.
The parties agree to work together in good faith to develop, and the Sellers undertake to carry out, the plans and the specific steps for the Reorganisation as contemplated by or subsequently agreed pursuant to this Agreement.
Immediately prior to the Reorganisation, our Group comprised of the following subsidiaries and the corporate history of each of these subsidiaries is set out below.
From and after the Closing, if the Purchaser or its Affiliates receives or collects any funds relating to an asset transferred in the Reorganisation, the Purchaser or its Affiliate shall remit any such funds to the Seller within five Business Days after its receipt thereof.
The assets injected into the Target Company pursuant to the Reorganisation comprise all the assets necessary for the carrying on of the business carried on by the Target Company in the manner it is presently conducted and the liabilities assumed by the Target Company pursuant to the Reorganisation represent the only liabilities of the Target Company and are fully, fairly and accurately provided for in the Accounts.