Backstop Letter definition

Backstop Letter means that certain Backstop Investment Commitment Letter, dated December 29, 2016, and entered into by (a) SXE, (b) Southcross Holdings, (c) Xxxxx Xxxxx Xxxx, X.X., (x) (x) XX Xxxxxxxxxx XX, XX BBTS Aggregator LP, TW Southcross Sidecar II LP, TW Southcross Sidecar II (N-QP) LP, EIG BBTS Holdings, LLC, EIG Energy XV (BBTS) Blocker, LLC, EIG Energy Fund XV Holdings, LP, EIG Energy Fund XV Cayman Blocker, LP, EIG Energy Fund XV (Cayman), L.P., EIG Energy Fund XV-B, L.P., EIG Energy Fund XV-A, L.P., EIG Energy Fund XV, L.P., EIG Energy XIV Blocker (BBTS), LLC, EIG Energy Fund XIV (Cayman), L.P., EIG Energy Fund XIV-B, L.P., EIG Energy Fund XIV-A, L.P. and EIG Energy Fund XIV, L.P., as may be amended from time to time.
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Backstop Letter means that certain Backstop Investment Commitment Letter, dated December 29, 2016, and entered into by (a) SXE, (b) Southcross Holdings, (c) Wells Fargo Bank, N.A., (d) (i) TW Aggregator LP, TW BBTS Aggregator LP, TW Southcross Sidecar II LP, TW Southcross Sidecar II (N-QP) LP, EIG BBTS Holdings, LLC, EIG Energy XV (BBTS) Blocker, LLC, EIG Energy Fund XV Holdings, LP, EIG Energy Fund XV Cayman Blocker, LP, EIG Energy Fund XV (Cayman), L.P., EIG Energy Fund XV-B, L.P., EIG Energy Fund XV-A, L.P., EIG Energy Fund XV, L.P., EIG Energy XIV Blocker (BBTS), LLC, EIG Energy Fund XIV (Cayman), L.P., EIG Energy Fund XIV-B, L.P., EIG Energy Fund XIV-A, L.P. and EIG Energy Fund XIV, L.P., as may be amended from time to time.
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Examples of Backstop Letter in a sentence

  • On the Effective Date, DOE, as the holder of the Allowed Prepetition Note Claims, shall receive, subject to the terms of the Plan, in full and final satisfaction, settlement, release and discharge of its Allowed Prepetition Note Claims, (a) $200 million in Cash (which shall be satisfied by DOE by a draw on the Cobra Backstop Letter of Credit) and (b) all rights and obligations under the Exit Contingent Note.

  • The Court is aware that negative decisions by a mayor could be appealed before the Constitutional Court, an authority that does exercise judicial control.

  • Backstop Letter means a letter agreement to be entered into between Paladin and the Underwriters pursuant to which (inter alia) the Underwriters agree to underwrite the subscription of US$115,000,000 of New Notes.

  • Staff time for the planning for a Moray Mental Health and Wellbeing Strategy can be accommodated within existing budgets.

  • References to any Articles, Sections and Schedules are to such Articles, Sections and Schedules of this Backstop Letter Agreement unless otherwise specified.

  • This Backstop Letter Agreement is delivered pursuant to the Plan.

  • Further, each of the parties hereto shall take such action (including executing and delivering any other agreements and making and filing any required regulatory filings) as may be reasonably necessary and appropriate to carry out the purposes and intent of this Backstop Letter Agreement.

  • Whenever the words “include,” “includes” or “including” are used in this Backstop Letter Agreement, they shall be deemed to be followed by the words “without limitation,” whether or not they are in fact followed by those words or words of like import.

  • The words “hereof,” “herein” and “hereunder” and words of like import used in this Backstop Letter Agreement shall refer to this Backstop Letter Agreement as a whole and not to any particular provision of this Backstop Letter Agreement.

  • This Backstop Letter Agreement (a) is not assignable by any of the parties hereto without the prior written consent of each of the other parties and any purported assignment without such consent shall be null and void ab initio, and (b) except as set forth in Section 4, is intended to be solely for the benefit of the parties and is not intended to confer any benefits upon, or create any rights in favor of, any person or entity other than such parties.

Related to Backstop Letter

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

  • 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.

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

  • Commitment Letters has the meaning set forth in Section 4.5.

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Equity Commitment Letter has the meaning set forth in Section 3.4(a).

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Post Closing Letter is that certain Post Closing Letter dated as of the Effective Date by and between Collateral Agent and Borrower.

  • Debt Commitment Letter has the meaning set forth in Section 4.20.

  • Investor Letter means that certain Investor Letter, substantially in the form attached hereto as Exhibit B.

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Placement Agreement means the Placement Agreement relating to the offering and sale of Capital Securities in the form of Exhibit C.

  • Investment Agreement shall have the meaning set forth in the Recitals hereto.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Support Agreement has the meaning set forth in the Recitals.

  • Placement Agent Agreement means that certain placement agent agreement dated as of the date hereof between the Company and the Placement Agent.

  • Investment Letter shall have the meaning specified in subsection 9.07(a).

  • Price amendment means the amendment to a registration statement filed under the Securities Act of 1933 or, if an amendment is not filed, the prospectus or prospectus supplement filed under the Securities Act of 1933 that includes a statement of the offering price, underwriting and selling discounts or commissions, amount of proceeds, conversion rates, call prices, and other matters dependent upon the offering price.

  • Restructuring Support Agreement has the meaning set forth in the Recitals.

  • Private Placement Agreement has the meaning set forth in Annex A hereto.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Exchange Agent Agreement has the meaning set forth in Section 2.5(a).

  • Acquisition Agreement as defined in the recitals hereto.

  • Restructuring Agreement shall have the meaning set forth in the recitals.