Bank Steering Committee definition

Bank Steering Committee means an ad hoc committee representing the interests of the Prepetition Bank Lenders and currently comprised of Deutsche Bank, Bank of America, and Credit Suisse First Boston.
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Bank Steering Committee means the steering committee formed by the Agent under the Existing Bank Facility, as constituted from time to time.
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Bank Steering Committee means the informal committee of certain holders of indebtedness under the Pre-Petition Credit Agreement consisting of representatives of JPMorgan Chase Bank, Bank of America N.A., Deutsche Bank Trust Company Americas, General Electric Capital Corporation, Heller Financial, Inc., ING Capital Advisors LLC and Morgan Stanley Sxxxxx Funding.
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Examples of Bank Steering Committee in a sentence

  • After numerous negotiating sessions and meetings during the fall of 2000 between Fruit of the Loom, its advisors, and the representatives of the Prepetition Secured Creditors, in November 2000 the representatives of the Prepetition Secured Creditors presented Fruit of the Loom with a formal proposed term sheet for a plan of reorganization that had the preliminary support of both the Bank Steering Committee and the Noteholders Committee.

  • As a result of the mediation, the representatives of the Unsecured Creditors Committee, the Bank Steering Committee and the Noteholders Steering Committee and Fruit of the Loom reached an agreement to resolve, among other things, the Committee Avoidance Action, and the treatment of secured and unsecured claims under a plan of reorganization for Fruit of the Loom.

  • Finally, at the end of February, Fruit of the Loom reached agreement with both the Bank Steering Committee and the Noteholders Committee on the remaining open points and filed the Initial Plan on March 15, 2001.

  • THE INITIAL PLAN Since the summer of 2000, Fruit of the Loom has had extensive discussions with the Noteholders Committee and the Bank Steering Committee, representing the Prepetition Secured Creditors, regarding the terms of a plan of reorganization for Fruit of the Loom, including the capital structure for a reorganized Fruit of the Loom and a myriad of intercreditor issues.

  • Thereafter, in a series of further meetings under the auspices of the mediation, Fruit of the Loom, the Unsecured Creditors Committee, the Bank Steering Committee and the Noteholders Steering Committee reached an agreement to resolve, among other things, the Committee Avoidance Action.

  • On or about September 7, 2001, representatives of the Bank Steering Committee and the Noteholders Steering Committee advised Fruit of the Loom that they preferred the offer made by Berkshire.

  • Fruit of the Loom, the Unsecured Creditors Committee, the Noteholders Steering Committee, and the Bank Steering Committee believe that settlement of these disputes is the best way to ensure a prompt resolution of the Reorganization Cases and is in the best interests of all creditors.

  • Fruit of the Loom, in consultation with the Bank Steering Committee and the Noteholders Steering Committee, and with the advice of their respective financial and legal advisors, selected three bidder groups to enter a final stage of negotiation and due diligence.

  • As a part of the negotiation of the Initial Plan with the Bank Steering Committee and the Noteholders Steering Committee, Fruit of the Loom had agreed with the representatives of the Bank Steering Committee and the Noteholders Steering Committee to investigate arranging for a purchaser of some or all of the common stock of reorganized Fruit of the Loom which was to be issued under the Initial Plan (the "Marketing Process") and to commence the Marketing Process following the filing of the Initial Plan.

  • The FOL Liquidation Trust Oversight Committee will consist of between three and five members designated by the Bank Steering Committee and the Noteholders Steering Committee.


More Definitions of Bank Steering Committee

Bank Steering Committee means the steering committee of the Banks referred to in the letter dated 1 November 2002 from the members of said committee to InPower Limited, and agreed to by, inter alios, the Banks.
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Related to Bank Steering Committee

  • Joint Steering Committee or “JSC” has the meaning set forth in Section 3.1.

  • Steering Committee has the meaning set forth in Section 2.

  • Project Steering Committee means the committee referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Joint Committee means the Joint Committee established by Article 164(1) of the withdrawal agreement;

  • Development Committee shall have the meaning set forth in Section 3.4.1.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Operating Committee means the Operating Committee of Epoch which meets frequently and is responsible for implementing the Company’s strategy, making operational decisions and overseeing the day-to-day running of the Company.

  • Project Committee has the meaning assigned to it in Section 6.1;

  • Research Committee has the meaning set forth in Section 2.2(a).

  • Search Committee means the Search Committee set up by the Senate under section 15 (2);

  • JSC has the meaning set forth in Section 3.1.

  • Standing Committee means a permanent committee with a regular meeting schedule and designated subject matter jurisdiction that is authorized by the Rules of the Senate or the Rules of the House of Representatives.

  • Screening Committee means the State level Screening Committee constituted in terms of sub-rule (2) of rule 123 of these rules.

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • Coordinating Committee means the committee designated and elected as provided in section 16d in connection with a township consolidation.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • P&T committee means a committee of the hospital composed of physicians, pharmacists, and other health professionals that evaluates the clinical use of drugs within the hospital, develops policies for managing drug use and administration in the hospital, and manages the hospital drug formulary system. “Physician” means a person who is currently licensed in Iowa to practice medicine and surgery, osteopathic medicine and surgery, or osteopathy. A physician who executes a written protocol with an authorized pharmacist shall supervise the pharmacist’s activities involved in the overall management of patients receiving medications or disease management services under the protocol. The physician may

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.

  • Oversight Committee means the committee established to monitor the overall implementation of the Canada-Ontario-AMO-Toronto Agreement.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • JRC has the meaning set forth in Section 2.1.1.

  • Sub-Committee means a committee of a committee created by the board.