Examples of Alternative Restructuring in a sentence
Executive acknowledges that he has received all compensation due to him through the Termination Date, excluding accrued, unused vacation time and reimbursement of certain business expenses incurred during his employment by the Company.
The relevant Parties will not solicit acceptances of the Plan, or any Alternative Restructuring, as applicable, from the relevant Parties in any manner inconsistent with the Bankruptcy Code or applicable non-bankruptcy law.
This Agreement shall terminate automatically without any further required action or notice with respect to all Parties on the earlier to occur of the Effective Date of the Plan and the consummation of an Alternative Restructuring.
For purposes of the Plan only, the Allowed TCEH First Lien Deficiency Claims shall be between $8.1 billion and $9.5 billion; provided, however, that the amount of the Allowed TCEH First Lien Deficiency Claims in connection with the Plan is without prejudice to the amount of the Allowed TCEH First Lien Deficiency Claims in connection with any Alternative Restructuring.
Notwithstanding the occurrence of a Plan Support Termination Event, a Party’s obligations with respect to an Alternative Restructuring pursuant to, inter alia, Section 5 will remain in full force and effect unless and until such Party’s obligations under this Agreement are terminated pursuant to Section 12.