Additional Backstop Party definition

Additional Backstop Party means each Person that is a qualified institutional buyer (as defined in Rule 144A under the Securities Act) or an Institutional Accredited Investor (which is an “accredited investor” as such term is defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act) and that is a holder of any Senior Notes Claim or Credit Facility Claim against the Debtors that agrees to participate in the Backstop Commitment by joining this Agreement and the Restructuring Support Agreement.
Additional Backstop Party means each Person that is a qualified institutional buyer (as defined in Rule 144A under the Securities Act) or an Institutional Accredited Investor (which is an “accredited investor” as such term is defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act) and that is a holder of an Senior Notes Claim that agrees to participate in the Backstop Commitment by joining this Agreement and the Restructuring Support Agreement pursuant to Article II of this Agreement.

Examples of Additional Backstop Party in a sentence

  • Notes Claims (including the Initial Backstop Parties to the extent of Senior Notes Claims acquired after the date hereof) may elect to participate in the rights and obligations of the Backstop Parties set forth in this Agreement as an Additional Backstop Party (to the extent they meet the qualifications set forth in the definition of such term) until the date that is fifteen (15) Business Days following the date hereof.

  • Sections III and IV are devoted to finding and describing scalar-NED sources for regularized Fisher and dilatonic space-times.


More Definitions of Additional Backstop Party

Additional Backstop Party s Commitment Percentage” means, with respect to each Additional Backstop Party, (x) the amount of the Additional Backstop committed by such Additional Backstop Party pursuant to its Additional Backstop Agreement divided by (y) the New Loan Amount;

Related to Additional Backstop Party

  • Backstop Parties means those parties that agree to backstop the Rights Offering pursuant to the Backstop Commitment Letter, each in its respective capacity as such.

  • Additional Bank has the meaning set forth in Section 2.17(b).

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Investor Party has the meaning set forth in Section 4.7.

  • Backstop Agreement has the meaning set forth in the recitals to this Agreement.

  • Investor Parties has the meaning set forth in the Preamble.

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • Investor means the Buyer, any transferee or assignee thereof to whom a Buyer assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement, and any transferee or assignee thereof to whom a transferee or assignee assigns its rights under this Agreement in accordance with Section 9 and who agrees to become bound by the provisions of this Agreement.

  • Additional Purchasers means purchasers of Additional Notes.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Additional Lender Certificate has the meaning assigned to such term in Section 2.06(c)(ii)(F).

  • Institutional Investor means (a) any Purchaser of a Note, (b) any holder of a Note holding (together with one or more of its affiliates) more than 5% of the aggregate principal amount of the Notes then outstanding, (c) any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form, and (d) any Related Fund of any holder of any Note.

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • DTC Representation Letter means the Blanket Letter of Representation from the Issuer and the Paying Agent to DTC which provides for a book-entry system, or any agreement between the Issuer and Paying Agent and a successor securities depository duly appointed.

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Investment Representation Letter As defined in Section 5.02(b).

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Lead Investor means Cavalry Fund I LP.

  • Committed Purchaser means each Person listed as such as set forth on the signature pages of this Agreement.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Institutional Accredited Investor means an institution that is an "accredited investor" as that term is defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act.