Examples of Ad Hoc Noteholders in a sentence
For these purposes, it is understood and agreed that the members of the Ad Hoc Noteholders Committee may make securities filings under Section 13(d) of the Securities Exchange Act of 1934 in which the matters set forth in clauses (i) and (ii) above may be disclosed to the extent counsel for the Ad Hoc Noteholders Committee believes such disclosure is required by law.
SimonDirect Dial: (212) 906-1372Fax: (212) 751-4864Email: keith.simon@lw.com If to the Ad Hoc Noteholders Committee: Milbank, Tweed, Hadley & McCloy LLP Attn: Evan Fleck and Michael Price28 Liberty StreetNew York, NY 10005-1413 Tel: (212) 530-5000Fax: (212) 530-5219Email: efleck@milbank.com mprice@milbank.com If to the Prepetition Credit Agreement Agent: Vinson & Elkins LLPAttn: William L.
In the course of these negotiations, the Debtors, the Prepetition Credit Agreement Lenders, and the Ad Hoc Noteholders Committee exchanged and considered, with the assistance of their respective advisors, numerous restructuring proposals.
To facilitate the negotiations, the Debtors provided the Prepetition Credit Agreement Lenders’ advisors and the Ad Hoc Noteholders Committee’s advisors access to an online data room, through which they could conduct due diligence on the Debtors.
To reach agreement on a consensual plan of reorganization, beginning in February 2016, the Debtors, with the assistance of their advisors, commenced extensive discussions with the Prepetition Credit Agreement Lenders and the Ad Hoc Noteholders Committee regarding a potential in-court restructuring of the Debtors’ obligations under the Prepetition Credit Facility and the Prepetition Notes.
At the time of execution of this Agreement, the Ad Hoc Noteholders Group constitutes the Requisite Noteholders.
The Company shall keep the Advisors to the Ad Hoc Noteholders updated on no less than a bi-weekly basis as to the status, draft content and timing of completion of the Strategic Plan, and shall consult and meet with the Advisors to the Ad Hoc Noteholders regarding the development and draft content of the Strategic Plan as may be reasonably requested by the Advisors to the Ad Hoc Noteholders from to time.
If the Debtors, the Prepetition RBL Agent, the Ad Hoc Noteholders Group, or any Official Committee files an Objection by the expiration of the Objection Period (the “Objection Deadline”), then the applicable Proposed Stock Acquisition Transaction or ProposedStock Transfer shall not be effective unless approved by a final and nonappealable order of this Court or such objection is withdrawn.
Neither the Company nor any of its representatives shall deliver any information to any Ad Hoc Noteholder directly and all information required to be delivered by this Waiver shall be delivered to the Advisors to the Ad Hoc Noteholders unless otherwise agreed in writing by any Ad Hoc Noteholder.
The disclosure of information to the Advisors to the Ad Hoc Noteholders shall not be deemed to constitute disclosure to any Ad Hoc Noteholder and the parties hereto understand that the Advisors to the Ad Hoc Noteholders may establish information barriers or similar procedures.