Ad Hoc Crossover Group definition

Ad Hoc Crossover Group means that certain ad hoc group of holders of certain First Lien Creditors and Second Lien Creditors represented by, among others, Paul, Weiss, Rifkind, Wharton & Garrison LLP and advised by, among others, Perella Weinberg Partners LP.
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Ad Hoc Crossover Group means the ad hoc group comprising certain holders of Company Claims/Interests represented by Milbank LLP and Xxxxxxx Xxxxxxxx Partners LP and listed on the signature pages to this Agreement.
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Ad Hoc Crossover Group means the ad hoc group comprising certain holders of First Lien Debt and Second Lien Notes as set forth in the Eighth Amended Verified Statement of the Ad Hoc Crossover Group Pursuant to Bankruptcy Rule 2019 [Docket No. 1132], as the same may be amended or supplemented from time to time.
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Examples of Ad Hoc Crossover Group in a sentence

  • Achieving the various Milestones under the RSA is crucial to maintaining the support of the Ad Hoc Crossover Group and reorganizing the Debtors successfully.

  • As a result of these4 Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan.negotiations, the Debtors entered into the RSA with the Ad Hoc Crossover Group and certain other holders of the Prepetition Second Lien PIK Notes.

  • The RSA is the result of extensive negotiations with the Ad Hoc Crossover Group and certain other holders of the Prepetition Second Lien PIK Notes, and provides for the reorganization of the Debtors as a going concern with a delevered capital structure and sufficient liquidity, including availability under the Exit Facility, to fund the Debtors’ post-emergence business plan.

  • As set forth more fully therein, the Ad Hoc Crossover Group and Second Lien Notes Trustee asserted the First Amended Plan was patently unconfirmable for a number of reasons, including that the First Amended Plan: (i) was not proposed in good faith; (ii) was not fair and equitable to the Second Lien Notes Claims; (iii) discriminated unfairly against the Second Lien Notes Claims; and (iv) disregarded substantial diminution in value claims on account of the Second Lien Notes.

  • Subsequent to the filing of the First Amended Plan on August 7, 2017, the Debtors received certain objections from the Ad Hoc Crossover Group to the Disclosure Statement [Docket No. 955] (including a joinder from the Second Lien Notes Trustee [Docket No. 957]) and the First Lien Plan Support Agreement [Docket No. 973] (collectively, the “Crossover Objections”).

  • In the Supplemental Order Regarding Assigned Mediation [Docket No. 1286], the parties to the mediation included: (i) the Debtors, (ii) the Committee,(iii) the Ad Hoc First Lien Group, (iv) the Ad Hoc Crossover Group, (v) PBGC, and (vi) the Second Lien Notes Trustee (collectively, the “Mediation Parties”).

  • Under the terms of the RSA, the Debtors, the Ad Hoc Crossover Group, and certain other holders of the Prepetition Second Lien PIK Notes agreed to the terms of a proposed plan of reorganization whereby over $1 billion of secured debt will be exchanged for equity (the “ Restructuring”).

  • Here is the difference between smellscape12 and olflow: to put it succinctly, the phenomenology of smellscape is not enough to capture the ontology of olflow.

  • On September 13, 2017, the Bankruptcy Court ordered the Debtors, the Committee, the Ad Hoc First Lien Group, the Ad Hoc Crossover Group, and the Second Lien Notes Trustee to participate in non- binding mediation in an effort to resolve the Ad Hoc Crossover Group’s stated objections to the First Amended Plan (the “Mediation”), with United States Bankruptcy Judge, Hon.

  • During the second quarter of 2020, the Company and its advisors began negotiations with the Ad Hoc Crossover Group, represented by Akin Gump Strauss Hauer & Feld LLP and Houlihan Lokey, Inc., and certain other holders of the Prepetition Second Lien PIK Notes regarding a comprehensive restructuring of the Company’s capital structure.


More Definitions of Ad Hoc Crossover Group

Ad Hoc Crossover Group means the ad hoc group comprising certain holders of Company Claims/Interests represented by Milbank LLP and Perella Weinberg Partners LP and listed on the signature pages to this Agreement.
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Ad Hoc Crossover Group means the ad hoc group comprising certain Consenting Lenders represented by Milbank LLP and Perella Weinberg Partners LP.
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Ad Hoc Crossover Group means that certain ad hoc group comprising certain Consenting First Lien Creditors and Consenting Second Lien Creditors represented by Akin Gump and Houlihan Lokey and listed on the signature pages to this Agreement.
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Ad Hoc Crossover Group means members of the ad hoc group as set forth in the Eighth Supplemental Verified Statement of the Ad Hoc Crossover Group Pursuant to Bankruptcy Rule 2019 [Docket No. 1132], as such statement may be further amended from time to time.
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Ad Hoc Crossover Group means that certain ad hoc group of certain Existing Term Loans, Existing 2025 Notes, Existing 2028 Notes and Existing Second Lien Notes represented by, among others, Paul, Weiss, Rifkind, Wharton & Garrison LLP and advised by, among others, Perella Weinberg Partners LP.
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Ad Hoc Crossover Group means that certain ad hoc group of certain Existing Term Loans, Existing 2025 Notes, Existing 2028 Notes and Existing Second Lien Notes represented by, among others, Pxxx, Wxxxx, Rxxxxxx, Wxxxxxx & Gxxxxxxx XXX and advised by, among others, Pxxxxxx Xxxxxxxx Partners LP.
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Related to Ad Hoc Crossover Group

  • Ad Hoc Group means the ad hoc group of Consenting Noteholders advised by the Ad Hoc Group Advisers.

  • Ad Hoc Committee means a special purpose committee of limited duration, appointed by Council to consider a specific matter and which is dissolved automatically upon submitting its final report to Council, unless otherwise directed by Council.

  • Management Group means the group consisting of the directors, executive officers and other management personnel of the Borrower, Holdings or any Parent Entity, as the case may be, on the Closing Date together with (a) any new directors whose election by such boards of directors or whose nomination for election by the shareholders of the Borrower, Holdings or any Parent Entity, as the case may be, was approved by a vote of a majority of the directors of the Borrower, Holdings or any Parent Entity, as the case may be, then still in office who were either directors on the Closing Date or whose election or nomination was previously so approved and (b) executive officers and other management personnel of the Borrower, Holdings or any Parent Entity, as the case may be, hired at a time when the directors on the Closing Date together with the directors so approved constituted a majority of the directors of the Borrower or Holdings, as the case may be.

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • CEC means the California Energy Commission.

  • Steering Group means the Anti-Money Laundering Steering Group appointed pursuant to section 5;

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Plaintiffs’ Counsel means Lead Counsel and all other legal counsel who, at the direction and under the supervision of Lead Counsel, performed services on behalf of the Settlement Class in the Action.

  • Plaintiffs means Xxxxx Xxxxxx, Xxxxxxx Xxxxxxx, and Xxxx Xxxxx.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;