Asset Restructuring definition

Asset Restructuring means that, with respect to one or more Asset Issuer Obligations and in relation to an aggregate amount of not less than the Asset Default Requirement, any one or more of the following events occurs in a form that binds all holders of such Asset Issuer Obligation, is agreed between the Asset Issuer or a Government and a sufficient number of holders of such Asset Issuer Obligation to bind all holders of such Asset Issuer Obligation or is announced (or otherwise decreed) by an Asset Issuer or a Government in a form that binds all holders of such Asset Issuer Obligation, and such event is not expressly provided for under the terms of the Asset Issuer Obligation in effect as of the later of the Issue Date and the date as of which such Asset Issuer Obligation was first acquired by the Issuer:
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Asset Restructuring means, as determined by the Calculation Agent, in relation to any Initial Assets or any Borrowed Money Obligation, the occurrence of any one or more of the following events (whether by operation of law, by agreement with holders of such Initial Assets, or otherwise) in a form that binds all holders of the relevant Initial Asset or Borrowed Money Obligation:
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Asset Restructuring means that, with respect to any Initial Assets, any one or more of the following events has occurred (whether by operation of law, by agreement with holders of such Assets, or otherwise) in a form that binds all holders of the relevant Asset, as determined by the Calculation Agent:
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Examples of Asset Restructuring in a sentence

  • Upon application by the company, the company’s stock resumed trading on February 8, 2018, and was transferred to the major asset restructuring since the opening on February 14, 2018.On June 25, 2018, the company held the third interim meeting of the ninth board of directors which reviewed and approved the Proposal on Terminating the Planning for Major Asset Restructuring.

  • On 31 December 2020, the Company convened the 2nd meeting of the seventh session of the board of directors, at which the “Resolution on Planning of Material Asset Restructuring and Signing of the Agreement of Intent on Acquisition of Equity Interest” was considered and approved.

  • In accordance with Article 45 of the Administrative Measures for the Major Asset Restructuring of Listed Companies, the price of a listed company’s share issue shall not be lower than 90% of the market reference price.

  • We obtain M&A data from CSMAR Chinese Listed Firms’ M&A and Asset Restructuring Research Database.

  • The transaction does not constitute a related party transaction, nor does it constitute major assets restructuring as defined under the Administrative Measures for Major Asset Restructuring of Listed Companies, which is subject to consideration at the general meeting of the Company.

  • Our efforts to establish and protect our trademark and other proprietary intellectual property rights may not be adequate to prevent imitation of our products by others or to prevent others from seeking to block sales of our products.

  • A Mandatory Redemption Event may occur upon the occurrence of any of an Asset Event, a Tax Redemption Event, a FATCA Tax Event, a Swap Event, an MTM Trigger Event, an Illegality Event, an Arranger Insolvency Event, an Asset Redenomination Event, an Asset Restructuring, a Settlement/Custodial Event, a Change in Law Event, a Euro Dissolution Event, a Regulatory Change Event, an AR Termination Election (in each case if applicable) and any other event specified as an applicable Mandatory Redemption Event.

  • The Transaction does not constitute a Material Assets restructuring as stipulated by the Administrative Measures on Significant Asset Restructuring of Listed Companies.

  • Upon examination, the Board of the Company is of the view that the Transaction is in compliance with the pertinent provisions of Articles 11 and 43 of the Administrative Measures for the Major Asset Restructuring of Listed Companies.

  • The transaction neither constitutes a major asset restructuring nor constitutes a backdoor listing according to Measures for the Administration of Major Asset Restructuring of Listed Companies.


More Definitions of Asset Restructuring

Asset Restructuring if specified as applicable, an Asset Restructuring, the Issuer will give a Notice of Redemption and will redeem the Notes at their Mandatory Redemption Amount on the Mandatory Redemption Date;
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Related to Asset Restructuring

  • Permitted Restructuring means the completion of: (a) an offer made by, or on behalf of, an Eligible Company to all (or as nearly as may be practicable all) of the shareholders of the Issuer (or, if the Issuer is not then the Ultimate Owner, to the shareholders of the then Ultimate Owner) to acquire the whole (or as nearly as may be practicable the whole) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued ordinary share capital) other than those already held by or on behalf of such Eligible Company; or (b) a reorganisation or restructuring whether by way of a scheme of arrangement or otherwise pursuant to which an Eligible Company acquires all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or, if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued share capital) other than those already held by such Eligible Company or pursuant to which all (or as nearly as may be practicable all) of the issued ordinary share capital of the Issuer (or if the Issuer is not then the Ultimate Owner, the then Ultimate Owner’s issued capital) not held by the New Holding Company is cancelled;

  • Restructuring has the meaning set forth in the Recitals.

  • Equity Restructuring means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other securities of the Company) or the share price of Common Stock (or other securities) and causes a change in the per-share value of the Common Stock underlying outstanding Awards.

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Securitization Assets (which may include a backup or precautionary grant of security interest in such Securitization Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person other than a Receivables Subsidiary.

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

  • Financing Transactions means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party and (b) the initial borrowing of Loans hereunder and the use of the proceeds thereof.

  • Permitted Reorganization means any reorganizations and other activities related to tax planning and tax reorganization, so long as, after giving effect thereto, the enforceability of the Note Guarantees, taken as a whole, are not materially impaired.