Arrangement

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Arrangement

1. An agreement between a person or company and creditors whereby the person or company pays a fraction of what he/she/it owes to the creditors and, in exchange, the creditors forgive the remainder of the debt. This helps the creditors recover some of the debt and helps the person or company avoid bankruptcy.

2. See: Treaty.
References in periodicals archive ?
Third-country financial arrangements are only subject to the PRA Policy Statement to the extent they contain a termination right or security interest, the exercise or enforcement of which could be suspended or prevented or the application of which would be disregarded under the Special Resolution Regime of the UK Banking Act 2009 if the financial arrangement were governed by the laws of the United Kingdom.
In 1990, when it needed funding to refinance and improve some of its American properties, one of DL Shekel's first tier subsidiaries, Tridel Corporation, made the financial arrangements.
Under the proposed regulations, the issuance of a note, other debt instrument, option or similar financial arrangement does not constitute a payment of the annuity or unitrust amount to a grantor as required by Sec.
I obtained a thorough familiarity with the company through my service to the lender group and was pleased that the lenders reached a satisfactory financial arrangement.
We are also pleased that these financial arrangements announced today will allow the company to operate more profitably as it continues its growth within the aeromedical industry.
Anderson, who certainly has come into her own this season, is telling friends that she isn't pleased with the current financial arrangement, and that if Fox doesn't up her pay to make it closer to that of Duchovny, well, she's going to do something about it.
The cigarette companies deny that they are doing product placement, but it wouldn't surprise me to find out they still have a lucrative financial arrangement with TV and movie producers.
The Company together with a majority of Note Holders passed a majority resolution in accordance with the terms of the Note Indenture governing the terms of Senior Secured Subordinated Notes consenting to the deferral of the repayment to the earlier of November 30, 2005 or the date of a meeting of the Note Holders called to approve amendments to the Note Indenture to reflect the new financial arrangement.
There were a wide range of parties involved on both sides and by working together we were able to successfully complete what were complicated financial arrangements on behalf of our client.
It has convened several rounds of negotiation with the goal of reaching agreement on transit fees for South Sudanese oil using the pipeline to Port Sudan and transitional financial arrangements to help bridge the budgetary gap in Sudan subsequent on the secession of South Sudan.
Due to this uncertainty about the future I think there is a good deal of merit in trying to build in a certain amount of flexibility in your financial arrangements.

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