AFF Rolled Up Election definition

AFF Rolled Up Election means the delivery of a Pre-Commencement Debt Claim/Entitlement Waiver and Release Notice and/or a Rolled Up Advance Unilateral Waiver Notice (each as defined in the AFF CTA) in accordance with and pursuant to clause 6.5 (Exit Confirmation) of the AFF CTA;

AFF Rolled Up Election means the delivery of a Pre-Commencement Debt Claim/Entitlement Waiver and Release Notice and/or a Rolled Up Advance Unilateral Waiver Notice in accordance with and pursuant to clause 6.5 (Exit Confirmation) of the AFF CTA;

Examples of AFF Rolled Up Election in a sentence

• Each Group Creditor’s allocated proportion of Holdco Facilities Commitments (i.e. its EPM Entitlement), taking into account elections pursuant to the AFF Rolled Up Election, will be calculated pursuant Clause 8.3(a) (Calculation of EPM Entitlements) above.

• If any Group Creditor Claim which is the subject of an AFF Rolled Up Election is rejected in whole or in part, the adjudication of such claim shall proceed in accordance with the AFF CTA.

• The AFF Financiers were given the option to make an AFF Rolled Up Election (as defined below) of either a percentage share (either partially or in full) of the AFF Holdco Facilities Option in accordance with their AFF Reorganisation Entitlement (as defined below) or cash repayment of their commitments in the Rolled Up Facilities (‘Rolled Up Facilities Commitments’).