Amended Lien & Recourse Challenge Final Resolution means either the entry of
Amended Lien & Recourse Challenge Final Resolution means either the entry of (a) a Final Order in the Amended Lien & Recourse Challenge or (b) a binding settlement
Discharge of Senior Lender Claims means, except to the extent otherwise provided in Section 5.7 below, payment in full in cash (except for contingent indemnities and cost and reimbursement obligations to the extent no claim has been made) of (a) all Obligations in respect of all outstanding Senior Lender Claims and, with respect to letters of credit or letter of credit guaranties outstanding thereunder, delivery of cash collateral or backstop letters of credit in respect thereof in compliance with the Credit Agreement, in each case after or concurrently with the termination of all commitments to extend credit thereunder and (b) any other Senior Lender Claims that are due and payable or otherwise accrued and owing at or prior to the time such principal and interest are paid; provided that the Discharge of Senior Lender Claims shall not be deemed to have occurred if such payments are made with the proceeds of other Senior Lender Claims that constitute an exchange or replacement for or a refinancing of such Obligations or Senior Lender Claims. In the event the Senior Lender Claims are modified and the Obligations are paid over time or otherwise modified pursuant to Section 1129 of the Bankruptcy Code, the Senior Lender Claims shall be deemed to be discharged when the final payment is made, in cash, in respect of such indebtedness and any obligations pursuant to such new indebtedness shall have been satisfied.
CCAA Proceedings means the proceedings commenced by the Applicant under the CCAA as contemplated by the Initial Order;
Current Proceeding means any proceeding conducted under any provisions of this subsection that
Bankruptcy Case has the meaning assigned to such term in Section 2.05(b).
Regulatory Proceeding means a request for information, civil investigative demand, or civil proceeding commenced by service of a complaint or similar proceeding brought by or on behalf of the Federal Trade Commission, Federal Communications Commission, or any federal, state, local or foreign governmental entity in such entity’s regulatory or official capacity in connection with such proceeding.
Discharge of Senior Obligations means the date on which the Discharge of Credit Agreement Obligations and the Discharge of each Additional Senior Debt Facility has occurred.
Bankruptcy Proceeding means any case, action or proceeding before any court or other Governmental Authority relating to any Bankruptcy Event.
Discharge of Second Lien Obligations means the occurrence of all of the following:
Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.
Bankruptcy Cases has the meaning set forth in the Recitals.
winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;
Senior Priority Obligations as defined in the Base Intercreditor Agreement.
Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.
Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.
foreign proceeding means a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation;
Chapter 11 Case has the meaning set forth in the Recitals.
Discharge of ABL Obligations has the meaning specified in the Intercreditor Agreement.
Bankruptcy Proceedings has the meaning set forth in clause (b) of paragraph 9 hereof.
Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.
Pre-Petition Credit Agreement as defined in the recitals hereto.
Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.
Discharge of Priority Lien Obligations means the occurrence of all of the following:
Second Lien Indenture has the meaning set forth in the recitals.
Transaction Litigation has the meaning set forth in Section 5.2(d).
Junior Priority Obligations means the Initial Junior Priority Obligations and any Additional Obligations constituting Junior Priority Debt.
Derivative proceeding means a civil suit in the right of a domestic corporation or, to the extent