Examples of Ad Hoc Committee Advisors in a sentence
The Debtors shall submit drafts to the Ad Hoc Committee Advisors of any press releases and public documents that constitute disclosure of the existence or terms of this Agreement or any amendment to the terms of this Agreement at least three (3) Business Days prior to making any such disclosure, and shall afford them a reasonable opportunity under the circumstances to comment on such documents and disclosures and shall incorporate any such reasonable comments in good faith.
To receive payment for unbilled fees and expenses incurred through the Effective Date, the Professionals shall deliver to the Debtors and the Ad Hoc Committee Advisors a reasonable and good-faith estimate of their Accrued Professional Compensation Claim prior to and as of the Effective Date no later than five (5) days before the Effective Date.
Each Budget delivered to the DIP Party Advisors (as defined below) and the Ad Hoc Committee Advisors shall be accompanied by such supporting documentation as reasonably requested by the Ad Hoc Committee Advisors and the DIP Party Advisors, and each Budget shall be prepared in good faith based upon assumptions the Debtors believe to be reasonable.
The DIP Debtor Loan Parties shall also provide such reports and information required to be provided in the DIP Loan Documents, and such other reports, information and access as may be reasonably requested by the Prepetition Secured Parties (and their respective professionals, including the Ad Hoc Committee Advisors), and reasonably cooperate, consult with, and provide to such persons all such reports, information and access as may be reasonably requested.
Consistent with the Supreme Court’s decisions in Ortega-Rodriguez and Degen, this Court identified four purposes for the disentitlement rule: 1) assuring the enforceability of any decision that may be rendered against the fugitive; 2) imposing a penalty for flouting the judicial process; 3) discouraging flights from justice and promoting the efficient operation of the courts; and 4) avoiding prejudice to the other side caused by the defendant’s escape.