Common use of RED Notice Clause in Contracts

RED Notice. (a) On the date which is at least twenty four (24) Business Days prior to the date the Administrators identify as the likely Restructuring Effective Date, the Deed Company and the Deed Administrators will deliver the RED Notice and the final form Admitted Group Creditor Letter on the NMC Stakeholder Website. (b) The Deed Administrators may, following consultation with the Ad Hoc Committee, amend (by way of extension only) either of the dates specified in the RED Notice by way of further written notice delivered on the NMC Stakeholder Website at least four (4) Business Days in advance of the date stated in the relevant RED Notice.