UK Restructuring Transactions

UK Restructuring Transactions. Means, collectively: (a) the contribution by the Borrower of all the issued and outstanding Equity Interest in CTL to CTI, (b) subsequent to the completion of the contribution referred to in clause (a) above, the contribution by CTI of all the issued and outstanding Equity Interests in CTL to CIH; (c) subsequent to the completion of the contribution referred to in clause (b) above, the contribution by CIH to Cephalon UK of all the issued and outstanding Equity Interests in CTL; ... (d) subsequent to the completion of the contribution referred to in clause (c) above, liquidation of CTL into Cephalon UK; (e) subsequent to the completion of the contribution referred to in clause (c) above, the contribution by CIH of all the issued and outstanding Equity Interests in Cephalon UK to Cephalon Holdings Ltd; (f) subsequent to the completion of the contribution referred to in clause (e) above, the contribution by Cephalon Holdings Ltd of all the issued and outstanding Equity Interests in Cephalon UK to Cephalon Ltd; and (g) subsequent to the completion of the contribution referred to in clause (f) above, the transfer of certain assets of Cephalon Ltd to Cephalon UK, to be accounted for as a contribution by Cephalon Ltd to the capital of Cephalon UK. View More