Common use of Consenting Creditor Termination Events Clause in Contracts

Consenting Creditor Termination Events. This Agreement may be terminated by the Required Consenting First Lien Noteholders, the Required Consenting 1.5L Noteholders, or the Required Consenting Crossholder Noteholders, by the delivery to the Company and the other Consenting Parties of a written notice in accordance with Section 22 hereof, solely as to the Consenting Creditors delivering such notice, upon the occurrence and continuation of any of the following events (each, a “Consenting Creditor Termination Event”):

Appears in 2 contracts

Samples: Restructuring Support Agreement, Restructuring Support Agreement (Hexion Inc.)

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Consenting Creditor Termination Events. This Agreement may be terminated as between the Consenting Creditors and the other Parties upon five (5) Business Days’ prior written notice to the other Parties, delivered in accordance with Section 10.8 hereof, by either the Required Consenting Verso First Lien Noteholders, the Required Consenting 1.5L Noteholders, Creditors or the Required Consenting Crossholder NoteholdersNewPage Creditors, by in the delivery to the Company and the other Consenting Parties exercise of a written notice in accordance with Section 22 hereof, solely as to the Consenting Creditors delivering such noticetheir discretion, upon the occurrence and during the continuation of any of the following events (each, a “Consenting Creditor Termination Event”):events:

Appears in 1 contract

Samples: Restructuring Support Agreement (Verso Paper Holdings LLC)

Consenting Creditor Termination Events. This Agreement may be terminated (a) with respect to the Consenting Lenders, by the Required Consenting First Lien Lenders, (b) with respect to the Consenting Noteholders, by the Required Consenting 1.5L Noteholders, or the Required Consenting Crossholder Noteholders, by the delivery to the Company and the other Consenting Parties of a written notice in accordance with Section 22 hereof, solely as to the Consenting Creditors delivering such notice, 14.10 hereof upon the occurrence and continuation of any of the following events (each, a “Consenting Creditor Termination Event”):events:

Appears in 1 contract

Samples: Restructuring Support Agreement (Valaris PLC)

Consenting Creditor Termination Events. This Agreement may be terminated (a) with respect to the Term Lender Group, by the Required Consenting First Lien NoteholdersTerm Lenders and (b) with respect to the Cross-Holder Group, by the Required Consenting 1.5L NoteholdersCross-Holders, or the Required Consenting Crossholder Noteholdersin each case, by the delivery to the Company and the other Consenting Parties of a written notice in accordance with Section 22 hereof, solely as to the Consenting Creditors delivering such notice, 14.12 hereof upon the occurrence and continuation of any of the following events (each, a “Consenting Creditor Termination Event”):events:2

Appears in 1 contract

Samples: Restructuring Support Agreement (Venator Materials PLC)

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Consenting Creditor Termination Events. This Agreement may be terminated by the Required Consenting First Lien Noteholders, Noteholders or the Required Consenting 1.5L NoteholdersBank Lenders, or the Required Consenting Crossholder Noteholders, Crossholders (but only with respect to the events set forth in (a)(y) and (g)) or the Required Consenting Non-Crossholders (but only with respect to the events set forth in (a)(y) and (g)) by the delivery to the Company and the other Consenting Parties of a written notice in accordance with Section 22 hereof, solely as to the Consenting Creditors delivering such notice, 13.10 hereof upon the occurrence and continuation of any of the following events (each, a “Consenting Creditor Termination Event”):events:

Appears in 1 contract

Samples: CBL & Associates Limited Partnership

Consenting Creditor Termination Events. This Agreement may be terminated with respect to the Consenting Creditors by the Required Consenting First Lien Noteholders, the Required Consenting 1.5L Noteholders, or the Required Consenting Crossholder Noteholders, Creditors by the delivery to the Company and the other Consenting Parties of a written notice in accordance with Section 22 hereof, solely as to the Consenting Creditors delivering such notice, 15.10 hereof upon the occurrence and continuation of any of the following events (each, a “Consenting Creditor Termination Event”):events:

Appears in 1 contract

Samples: Restructuring Support Agreement (FTS International, Inc.)

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