Provisional Liquidators definition

Provisional Liquidators means the Joint Provisional Liquidators appointed by the Bermuda Court under the Provisional Liquidator Appointment Order.
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Provisional Liquidators means the Provisional Liquidators of KSF IOM Michael Simpson of PriceWaterhouseCoopers of 60 Circular Road, Douglas, IM1 1SA and Peter Spratt of PriceWaterhouseCoopers LLP of Plumtree Court, London EC4A 4HT;
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Provisional Liquidators means, jointly and severally, Messrs Desmond Chung Seng Chiong
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Examples of Provisional Liquidators in a sentence

  • On 18 February 2021, the Company, the Provisional Liquidators and the Investor entered into the Subscription Agreement, pursuant to which the Company shall agree to issue and allot, and the Investor shall agree to subscribe for, 1,032,000,000 Subscription Shares at the Issue Price of HK$0.16 per Subscription Share for the Subscription Consideration, being HK$165.12 million.

  • On 30 October 2020, the Company also filed an ex-parte summons (the “Bermuda Summons”), seeking, inter alia, the appointment of the Joint Provisional Liquidators (the “JPLs”) on a “light-touch” basis and the issuance of a letter of request to the High Court of Hong Kong (the “Hong Kong Court”).

  • To align the Agreed Date with the SSCL Disposal Long Stop Date under the SSCL Disposal Term Sheet (as amended and supplemented by the SSCL Disposal Supplemental Term Sheet) and the SSCL Share Transfer Agreement, the Company, the Provisional Liquidators and the Investor entered into the Third Supplemental Deed to change the Agreed Date to 31 December 2021 or such other date to be agreed by the Company, the Provisional Liquidators and the Investor in writing.

  • For the avoidance of doubt, and without limiting the foregoing, the Investors shall pay the Creditors Schemes Consideration to the Provisional Liquidators in accordance with Clause 12.3 before the Condition Precedent set out in Clause 3.1(a) can be satisfied.

  • Debt Restructuring Based on the books and records of the Company available to the Provisional Liquidators, approximately HK$191.45 million and approximately HK$383.45 million are due to the Secured Creditors and unsecured creditors of the Company respectively.

  • While the Provisional Liquidators were keen to revitalise the Group’s business operations since their appointment, the Company faced insurmountable difficulties to revitalise its business operations without seeking external financial support as the Group was heavily indebted and had only limited working capital.

  • On 18 February 2021, the Company, the Provisional Liquidators and Secured Creditor A entered into Debt Settlement Agreement A, pursuant to which Secured Creditor A shall release and discharge the BC Collateral held by it, and all claims, rights and interests against the Company and certain Group companies with effect from the Completion.

  • The Working Capital Facility will not be directly or indirectly repayable by the Company or the Provisional Liquidators in any circumstances whatsoever.

  • On 18 February 2021, the Company, the Provisional Liquidators and Secured Creditor A entered into Debt Settlement Agreement A, pursuant to which Secured Creditor A shall release and discharge the security held by it in respect of the BC Collateral, and all claims, rights and interests against the Company and certain Group companies with effect from Completion.

  • The Provisional Liquidators announce that on 9 May 2011, the High Court of Hong Kong ordered that the hearing of the winding-up petition in respect of the Company be further adjourned to 22 August 2011.


More Definitions of Provisional Liquidators

Provisional Liquidators the provisional liquidators of the Company appointed by the High Court of Hong Kong as joint and several provisional liquidators of the Company, namely Xx. Xxxxxxx Xxx Xxx Xxxxx and Xx. Xxxxxx Xxx Xxx Xx acting as agents and without personal liability [REDACTED] the issue and offer of the [REDACTED] for subscription in Hong Kong on and subject to the terms and conditions to be set out in the [REDACTED] and the Application Forms and, for the avoidance of doubt, including the [REDACTED] [REDACTED] the final [REDACTED] per [REDACTED] (exclusive of [REDACTED] fee of [REDACTED], [REDACTED] of [REDACTED] and the [REDACTED] of [REDACTED]) of HK$[REDACTED] per [REDACTED] “Qualifying Shareholder(s)” Shareholder(s) whose name(s) appear on the register of members of the Company on [REDACTED] or such other date may be agreed between the Company and the [REDACTED], other than the Shareholder(s), whose registered address(es) as shown in the register of members of the Company on [REDACTED] or such other date may be agreed between the Company and the [REDACTED] is/are outside of Hong Kong, to whom the Company considers it necessary or expedient under the laws of the relevant regulatory body or stock exchange to offer the [REDACTED] based on the enquiry made pursuant to the [REDACTED] [REDACTED] the date by reference to which [REDACTED] under the [REDACTED] is to be determined “Registrar” [REDACTED] “Renewable Energy Law” the Renewable Energy Law of the PRC ( 中 華 人 民 共 和 國 可 再 生 能 源 法 ), as amended and adopted by the Standing Committee of the National People’s Congress on 26 December 2009 [REDACTED] the [REDACTED] of [REDACTED] to the Qualifying Shareholders for subscription as [REDACTED] under the [REDACTED]
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Provisional Liquidators means Xxxxxxx Xxxxxx and Xxxxx Xx, of Xxxxx Xxxxxx (Cayman) Limited, in their capacities as joint provisional liquidators of the Company as appointed by the Grand Court of the Cayman Islands on February 27, 2014, with authority, among other things, to promote the Schemes.
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Related to Provisional Liquidators

  • self-liquidating paper means any draft, xxxx of exchange, acceptance or obligation which is made, drawn, negotiated or incurred by the Company for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or merchandise and which is secured by documents evidencing title to, possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security, provided the security is received by the Trustee simultaneously with the creation of the creditor relationship with the Company arising from the making, drawing, negotiating or incurring of the draft, xxxx of exchange, acceptance or obligation.

  • Umbrella Cash Account means (a) a cash account designated in a particular currency opened

  • Member of the University Community means students, faculty, or staff, or other persons affiliated with the University.

  • Practitioner of the healing arts or "practitioner" means a

  • Alcoholic beverages means beverages that are suitable for human consumption and contain one-half of one percent or more of alcohol by volume.

  • Guarantor’s Board of Directors means, with respect to any Guarantor, either the board of directors of such Guarantor or any duly authorized committee of that board.

  • Sale of the Corporation means (i) the sale of all or substantially all of the Corporation's assets to a Person who is not an Affiliate of the Corporation, (ii) the sale or transfer of the outstanding capital stock of the Corporation to one or more Persons who are not Affiliates of the Corporation, or (iii) the merger or consolidation of the Corporation with or into another Person who is not an Affiliate of the Corporation, in each case in clauses (ii) and (iii) above under circumstances in which the holders of a majority in voting power of the outstanding capital stock of the Corporation, immediately prior to such transaction, own less than a majority in voting power of the outstanding capital stock of the Corporation or the surviving or resulting corporation or acquirer, as the case may be, immediately following such transaction. A sale (or multiple related sales) of one or more subsidiaries of the Corporation (whether by way of merger, consolidation, reorganization or sale of all or substantially all assets or securities) which constitutes all or substantially all of the consolidated assets of the Corporation shall be deemed a Sale of the Corporation.

  • Member of the clergy means a clergyman or practitioner of any religious denomination accredited by the religious body to which he or she belongs.

  • Alcoholic beverage means a beverage that:

  • Alcoholic liquor means that term as defined in section 105 of the Michigan liquor control code of 1998, 1998 PA 58, MCL 436.1105.

  • Pickup or panel truck means every motor vehicle designed for the transportation of property and

  • Member of the Legislature means any person elected or

  • Contractor Selection of Leave Trees means crop and leave trees are unmarked and will be selected by the Contractor.

  • Lawfully admitted for permanent residence means the status of having been lawfully accorded the privilege of residing permanently in the United States as an immigrant in accordance with the immigration laws, such status not having changed.

  • Office of the Corporation means the executive office of the Corporation, anything in Section 131 of the General Corporation Law to the contrary notwithstanding.

  • Member of the judge s family” means a spouse, domestic partner, child, grandchild, parent, grandparent, or other relative or person with whom the judge maintains a close familial relationship. See Rules 3.7, 3.8, 3.10, and 3.11.

  • Sanctions Committee means the Committee of the United Nations Security Council which was established pursuant to paragraph 18 of United Nations Security Council Resolution ("UNSCR") 1737 (2006);

  • Practitioners in private practice means a practitioner who does not:

  • Securities Seal means a seal for use for sealing certificates for shares or other securities issued by the Company which is a facsimile of the Seal of the Company with the addition on its face of the words “Securities Seal”;

  • Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical requirement as per Clause 2.1.2and so designated by other Member(s) in Bidding Consortium;

  • Practice of athletic training means the prevention, recognition, evaluation, and treatment of injuries

  • Educator practice instrument means an assessment tool that provides: scales or dimensions that capture competencies of professional performance; and differentiation of a range of professional performance as described by the scales, which must be shown in practice and/or research studies. The scores from educator practice instruments for teaching staff members other than teachers, Principals, Vice Principals, and Assistant Principals may be applied to the teaching staff member’s summative evaluation rating in a manner determined by the school district.

  • General Manager of Railway means the officer - in-charge of the General Superintendence and Control of the Railway and shall mean and include their successors, of the successor Railway;

  • Majority in Interest of the Limited Partners means Limited Partners (other than the General Partner and any Limited Partner 50% or more of whose equity is owned, directly or indirectly, by the General Partner) holding Percentage Interests that in the aggregate are greater than fifty percent (50%) of the aggregate Percentage Interests of all Limited Partners (other than the General Partner and any Limited Partner 50% or more of whose equity is owned, directly or indirectly, by the General Partner).

  • Special purpose spray adhesive means an aerosol adhesive that meets any of the following definitions:

  • College board means the state board for community and