Winding up etc definition

Winding up etc an order is made or an effective resolution is passed for the winding up, liquidation or dissolution of the Issuer; or
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Winding up etc an order is made or an effective resolution is passed for the winding up, liquidation or dissolution of the Loan Note Issuer is not taken, fulfilled or as the case may be, carried out; or
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Examples of Winding up etc in a sentence

  • The Occupational Pension Schemes (Winding up etc) Regulations 2005 set out how the scheme’s assets and liabilities are to be determined and how certain benefits are to be treated.

  • Any event occurs which under any applicable laws has an analogous effect to any of the events referred to in Condition 10(d) (Unsatisfied judgment) to (g) (Winding up, etc.) (both inclusive).

  • If an Event of Default specified in Condition 13(a) (Events of Default - Non- payment), 13(e) (Events of Default - Insolvency, etc.) or 13(f) (Events of Default - Winding up, etc.) occurs, the Notes will automatically be and become due and payable at their Early Termination Amount together with accrued interest (if any) without further action or formality.

  • Winding up etc of participant not to affect finality of prior settlement.

  • If an Event of Default in Conditions 8(f) (Insolvency) or 8(g) (Winding up, etc.) above with respect to the Bonds shall occur, the unpaid principal amount of all the Bonds and any accrued and unpaid interest thereon will automatically, and without any action by the Trustee or any Holder of Bonds, become immediately due and payable.

  • Any event occurs which under the laws of Ukraine has an analogous effect to any of the events referred to in Clauses 15.5 (Unsatisfied judgment) to 15.8 (Winding up, etc.) above.

  • If an Event of Default (other than an Event of Default described in Conditions 8(f) (Insolvency) or 8(g) (Winding up, etc.) above) shall occur and be continuing, the Trustee may, and if so requested in writing by Holders of at least 25 per cent.

  • Immediately following Closing, the UK Entity Shareholder shall instruct Mercers (the actuaries to the UK Pension Scheme) to produce and copy to the Purchaser a certificate in accordance with the Occupational Pension Schemes (Deficiency on Winding up etc) Regulations 1996 in respect of the cessation of participation of CIS Limited in the UK Pension Scheme.

  • Winding up, etc: where an order is made or an effective resolution is passed for the winding up, liquidation or dissolution of the Bank.

  • Amendment of the Occupational Pension Schemes (Winding up, etc.) Regulations (Northern Ireland) 200520.—(1) The Occupational Pension Schemes (Winding up, etc.) Regulations (Northern Ireland) 2005(13) are amended as follows.(2) In regulation 3(1), omit sub-paragraph (h)(ii) and the “and” before it.

Related to Winding up etc

  • Winding-Up means, with respect to the Issuer, a final and effective order or resolution for the bankruptcy, winding-up, liquidation, receivership or similar proceeding in respect of the Issuer (except for the purposes of a consolidation, amalgamation, merger or reorganisation the terms of which have previously been approved by an Extraordinary Resolution of the Noteholders); and

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Liquidation means the distributions of the Trust Account to the Public Shareholders in connection with the redemption of Ordinary Shares held by the Public Shareholders pursuant to the terms of the Company’s Amended and Restated Memorandum and Articles of Association, as amended, if the Company fails to consummate a Business Combination.

  • Dissolution Date means, as the case may be:

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Reorganization with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA.

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Cash Liquidation As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

  • Liquidation Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • Liquidating Events shall have the meaning set forth in Section 13.1.

  • Liquidating Event has the meaning set forth in Section 13.1 hereof.

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • Liquidation Event With respect to any Mortgage Loan, any of the following events: (i) such Mortgage Loan is paid in full; (ii) a Final Recovery Determination is made as to such Mortgage Loan; or (iii) such Mortgage Loan is removed from REMIC I by reason of its being purchased, sold or replaced pursuant to or as contemplated by Section 2.03, Section 3.16(a) or Section 9.01. With respect to any REO Property, either of the following events: (i) a Final Recovery Determination is made as to such REO Property; or (ii) such REO Property is removed from REMIC I by reason of its being purchased pursuant to Section 9.01.

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. § 1.708-1(b)(4) in the event of a termination of the Company pursuant to Section 708(b)(1)(B) of the Code.

  • Liquidation Date means (a) in the case of an event giving rise to the dissolution of the Partnership of the type described in clauses (a) and (b) of the first sentence of Section 12.2, the date on which the applicable time period during which the holders of Outstanding Units have the right to elect to continue the business of the Partnership has expired without such an election being made, and (b) in the case of any other event giving rise to the dissolution of the Partnership, the date on which such event occurs.

  • Receivership means a proceeding in which a receiver is appointed.

  • Senior Liquidation Amount For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Senior Percentage of the Principal Balance of such Mortgage Loan and (ii) the Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Senior Prepayment Percentage of any Subsequent Recoveries for such Distribution Date.

  • Corporate Reorganization means any change in the legal existence of any Subject Entity (other than a Capital Reorganization) including by way of amalgamation, merger, winding up, continuance or plan of arrangement.

  • Liquidation Distribution has the meaning specified in Section 9.4(d).

  • Internal Distribution has the meaning set forth in the recitals.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.