Backstop Motion definition

Backstop Motion means the Debtors’ Motion for an Order (I) (A) Authorizing the Debtors to Enter Into the Backstop Commitment Agreement, (B) Authorizing the Debtors to Perform All Obligations Under the Backstop Commitment Agreement and (C) Approving the Rights Offering Procedures and Related Forms and (II) Granting Related Relief [Docket No. 445] filed by the Debtors with the Bankruptcy Court in the Chapter 11 Cases seeking entry of the Backstop Order, in form and substance reasonably acceptable to the Required Backstop Parties, the Required Consenting Senior Noteholders, and the Majority Lenders or the Majority Exit RBL Facility Lenders, as applicable, in accordance with Article I.A.64 herein.
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Backstop Motion means the motion seeking approval of the Backstop Commitment Agreement, which shall be in form and substance acceptable solely to the Debtors and the Required Consenting 2020 B-2 Lenders.
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Backstop Motion means the motion filed by the Debtors seeking entry of the BackstopOrder.
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Examples of Backstop Motion in a sentence

  • No later than 21 days after the Petition Date, the Company shall file the Plan, the Disclosure Statement, the Disclosure Statement Motion, and the Backstop Motion; 6.

  • Service of notice of (i) the Rights Offering and Backstop Motion, the hearing scheduled therefor, and the deadline to object thereto (as evidenced by the Affidavit of Service dated November 17, 2016 (Dkt.

  • Key’s assumption of the Rights Offering Escrow Agreement and entry into the Backstop Escrow Agreement (each as defined in the Rights Offering and Backstop Motion) are, in each case, a reasonable exercise of Key’s business judgment and are authorized and approved, respectively, under sections 365 and 363 of the Bankruptcy Code.

  • The Rights Offering Materials, including the Pre-Qualification and Certification Form for Qualifying Equity Holders, the Pre-Qualification and Certification Form for Registered Qualifying Equity Holders, the Qualifying Equity Holder Rights Exercise Form, and the Qualifying Noteholder Rights Exercise Form, attached as Exhibit 3, Exhibit 4, Exhibit 5 and Exhibit 6 to the Rights Offering and Backstop Motion, are hereby approved.

  • Backstop Motion As defined in the Restructuring Support Agreement.


More Definitions of Backstop Motion

Backstop Motion means the motion filed by the Debtors with the Bankruptcy Court in the Chapter 11 Cases seeking entry of the Backstop Order, in form and substance reasonably acceptable to the Required Backstop Parties, the Required Consenting Senior Noteholders, [the Majority Lenders, and the Majority Exit Facility Lenders, as applicable, in accordance with Article I.A.65 herein.]
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Backstop Motion means the motion seeking approval of the Backstop Commitment Agreement.
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Backstop Motion has the meaning given to such term in Section 5.1 hereof.
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Backstop Motion means the motion seeking approval of the Backstop Commitment Agreement. “Bankruptcy Code” has the meaning set forth in the recitals to this Agreement.
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Backstop Motion means the Debtors’ Motion for an Order (I) (A) Authorizing the Debtors to Enter Into the Backstop Commitment Agreement,
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Backstop Motion means the Motion of Debtors for Entry of an Order Authorizing and Approving (I) (A) Entry Into Backstop Commitment Agreement and (B) Payment of Certain Fees and Expenses and (II) the Rights Offering Procedures and Related Forms (Docket No. 532).
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Backstop Motion means the motion filed by the Debtors seeking entry of the Backstop Order.
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