Backstop Investors definition

Backstop Investors means, collectively, Highland Crusader Holding Corporation, a Delaware corporation, Longacre Fund Management, L.L.C., a Delaware limited liability company, Merrill Lynch, Pierce, Fenner & Smith Incorporated, a Delaware corporation, GMAM Investment Funds Trust II, a trust organized under the laws of New Hampshire, ReCap International (Master) Ltd., a company organized under the laws of the British Virgin Islands, Institutional Benchmarks Series (Master Feeder) Ltd., a Bermuda segregated accounts company, solely with respect to the Muscida series, Southpaw Asset Management LP, a Delaware limited partnership and UBS Securities LLC, a Delaware limited liability company, each of which has agreed to backstop the Rights Offering pursuant to the terms of the Backstop Commitment Agreement.
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Backstop Investors means the third-party investors who entered into the PIPE Subscription Agreements to purchase Backstop Shares.
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Backstop Investors means those affiliates of each of Black Diamond Capital Management L.L.C. and Spectrum Investment Partners LP identified as having Commitments in the Backstop Agreement.
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Examples of Backstop Investors in a sentence

  • Notwithstanding anything to the contrary herein, unless notified in writing to the contrary, for purposes of seeking approvals of the Preferred Backstop Investors hereunder, such as in accordance with Section 6.4, the Company Parties may rely on the written approval (including email) of KKWC.

  • This Agreement may be terminated by the mutual written consent of CEOC and the Preferred Backstop Investors representing more than 75% of the aggregate Backstop Percentage.

  • Under the Rights Offering Sub Plan, the Distribution Agent shall on the Effective Date issue, and shall deliver, on the Effective Date, or as soon as practicable thereafter, to the Cash Recovery Backstop Investors pro rata relative to their Allotted Portions the Cash Recovery Subscription Equity.

  • Reference is made to that certain Backstop Commitment Agreement (as amended, modified or supplemented from time to time, the “Agreement”) by and among Caesars Entertainment Operating Company, Inc., a Delaware corporation ( “CEOC”), and each of the Preferred Backstop Investors party thereto from time to time.

  • Each Holder of Secured First Lien Notes Claims that has exercised its PropCo Preferred Equity Put Right pursuant to the PropCo Preferred Subscription Procedures shall have the right to put all, but not less than all, of such Holders’ Pro Rata share of the PropCo Preferred Equity Distribution to the PropCo Preferred Backstop Investors for Cash pursuant thereto and consistent with the Backstop Commitment Agreement.


More Definitions of Backstop Investors

Backstop Investors shall have the meaning set forth in the Stock Purchase Agreement.
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Backstop Investors means the Noteholder signatories to the Backstop Commitment Agreement.
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Backstop Investors has the meaning given in the Preamble.
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Backstop Investors has the meaning set forth in Section 6.7 hereof.
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Backstop Investors means 222 Investments, LLC, a Delaware limited liability company (including permitted assignees under its Backstop Agreement, “222I, LLC”) and any other investor that enters into a Backstop Agreement with the Company.
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Backstop Investors means D. E. Shaw Valence Portfolios LLC, Coliseum Capital Partners, L.P., Coliseum Capital Partners II, L.P., Xxxxxxxxx Partners, LLC, Series A, Pine River Master Fund Ltd. and Sunrise Partners Limited Partnership.
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Backstop Investors means Michael Gray, Andrew Poole and their related company the Gray Insurance Company with whom Tiberius entered into Backstop Subscription Agreements.
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