Bank RSA definition

Bank RSA means that certain Second Amended and Restated Restructuring Support and Forbearance Agreement (including all term sheets, schedules, exhibits, and annexes thereto), dated as of October 4, 2016, as amended, amended and restated, supplemented, or otherwise modified from time to time, by and between, among others, CEOC on behalf of itself and each of the Debtors, CEC, and the Consenting Bank Creditors (as defined therein) party thereto from time to time. As provided in the Bank RSA, the Plan, the Confirmation Order, the documents in the Plan Supplement, and any modifications, amendments, or supplements thereto shall be reasonably acceptable to the Requisite Consenting Bank Creditors and to the extent that any such amendment, supplement, modification, or restatement could have, in the good faith opinion of the Requisite Consenting Bank Creditors, after consulting with its professionals, any material impact on the legal or economic rights of the Prepetition Credit Agreement Claims, shall be approved by the Requisite Consenting Bank Creditors.

Bank RSA means that certain Second Amended and Restated Restructuring Support and Forbearance Agreement (including all term sheets, schedules, exhibits, and annexes thereto), dated as of October [ ], 2016, as amended, amended and restated, supplemented, or otherwise modified from time to time, by and between, among others, CEOC on behalf of itself and each of the Debtors, CEC, and the Consenting Bank Creditors (as defined therein) party thereto from time to time. As provided in the Bank RSA, the Plan, the Confirmation Order, the documents in the Plan Supplement, and any modifications, amendments, or supplements thereto shall be reasonably acceptable to the Requisite Consenting Bank Creditors and to the extent that any such amendment, supplement, modification, or restatement could have, in the good faith opinion of the Requisite Consenting Bank Creditors, after consulting with its professionals, any material impact on the legal or economic rights of the Prepetition Credit Agreement Claims, shall be approved by the Requisite Consenting Bank Creditors.

Bank RSA means the First Amended Restructuring Support and Forbearance Agreement, dated as of June 20, 2016, among the Caesars Parties and certain holders of First Lien Bank Claims.

Examples of Bank RSA in a sentence

• On the Effective Date, New CEC shall pay the RSA Forbearance Fees pursuant to the Bond RSA, the Bank RSA, and the Second Lien RSA.

• Pursuant to the Plan and the agreements set forth in the Bank RSA and the Bond RSA, on the Effective Date the Cash Collateral Order shall be deemed amended to delete the requirement that the Holders of Prepetition Credit Agreement Claims and the Holders of First Lien Notes Claims shall receive payments of Available Cash remaining on the Effective Date as adequate protection.

• On May 10, 2016, the Debtors executed the Bank RSA with holders of more than 66.67 percent in amount of debt issued under each of LINN’s and Berry’s first lien credit facility and, in each case, more than 50 percent in number of creditors.

• Most importantly, as the culmination of these efforts, on May 10, 2016, the Debtors entered into a restructuring support agreement (the “Bank RSA”) with restructuring support parties (the “Restructuring Support Parties”) who, as of the effective date of the Bank RSA, held approximately 69.99 percent of the outstanding principal indebtedness under the LINN Credit Agreement and approximately 67.75 percent of the outstanding indebtedness under the Berry Credit Agreement.

• Upon execution of the Bank RSA, the LINN Debtors permanently repaid $350 million borrowings under the LINN First Lien Credit Facility.

More Definitions of Bank RSA

Bank RSA means that certain First Amended and Restated Restructuring Support and Forbearance Agreement (including all term sheets, schedules, exhibits, and annexes thereto), dated as of June 21, 2016, as amended, amended and restated, supplemented, or otherwise modified from time to time, by and between, among others, CEOC on behalf of itself and each of the Debtors, CEC, and the Consenting Bank Creditors (as defined therein) party thereto from time to time.

Bank RSA means the restructuring support letter dated 21 December 2016 between the Company, certain subsidiaries of the Company, the Senior Lenders and the Joint Provisional Liquidators, as amended or varied from time to time.

Bank RSA means that certain Second Amended Restructuring Support and Forbearance Agreement, dated as of October 4, 2016, among Caesars Entertainment Operating Company, Inc., CEC, LeverageSource III (H Holdings), L.P., LeverageSource V, L.P. and the lenders party thereto, as amended, modified or supplemented from time to time.

Bank RSA means the Restructuring Support and Forbearance Agreement (as amended, supplemented, or otherwise modified from time to time) dated August 21, 2015, among the Caesars Parties, XX0, XX0 and the Consenting Bank Creditors.

Bank RSA means the restructuring support letter dated 21 December 2016 between the Company, certain

Bank RSA means the Restructuring Support and Forbearance Agreement (as amended, supplemented, or otherwise modified from time to time) dated August 21, 2015, among the Caesars Parties, LS3, LS5 and the Consenting Bank Creditors.

Bank RSA means the Restructuring Support and Forbearance Agreement entered into by CEOC, CEC, First Lien Bank Lenders, Credit Suisse AG, and Caymans Island Branch on August 21, 2015.