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Master Restructuring Agreement
"I need a Master Restructuring Agreement to restructure a manufacturing company's debt obligations across multiple jurisdictions, including refinancing £50M of senior debt and reorganizing operations across UK and German subsidiaries, with completion targeted for March 2025."
1. 1. Parties: Identification of all parties involved in the restructuring
2. 2. Background: Context of the restructuring and current situation
3. 3. Definitions: Key terms used throughout the agreement
4. 4. Restructuring Steps: Detailed sequence of restructuring actions
5. 5. Conditions Precedent: Prerequisites before restructuring can proceed
6. 6. Implementation: Process and timeline for executing restructuring steps
7. 7. Representations and Warranties: Standard assurances from all parties
8. 8. Governing Law and Jurisdiction: Application of English and Welsh law
1. Employee Provisions: Required when restructuring affects employment terms or involves workforce changes
2. Pension Arrangements: Details of pension scheme modifications when pension schemes are affected by the restructuring
3. Cross-border Provisions: International aspects of restructuring when multiple jurisdictions are involved
1. Schedule 1: Assets and Liabilities: Detailed list of affected assets and liabilities
2. Schedule 2: Implementation Timetable: Detailed timeline for restructuring steps
3. Schedule 3: Required Consents: List of necessary approvals and consents
4. Schedule 4: Security Documents: Details of security arrangements
5. Appendix A: Corporate Authorizations: Copies of relevant board and shareholder resolutions
6. Appendix B: Due Diligence Reports: Summary of key due diligence findings
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