Examples of Bondholder Committee in a sentence
On September 30, 2002 we announced that we had reached a non-binding preliminary agreement relating to a restructuring of our balance sheet with an ad hoc committee of our bondholders (the `Bondholder Committee').
Should any matter or decision be disputed within the Bondholder Committee, such matter or decision supported by the members of the Bondholder Committee representing the largest part of the Total Nominal Amount shall prevail.
In addition to the aforementioned, the Bondholder Committee is unconditionally and exclusively fully authorised by the Bondholders to agree on any waivers and amendments under the Finance Documents (whatsoever) provided that such waivers and/or amendments are confirmed by the Bondholders at a subsequent Bondholders’ Meeting or Written Procedure (as applicable) in accordance with Clause 19 (Decisions by Bondholders).
This Agreement shall in no way be construed to preclude the Consenting Noteholders from acquiring additional Noteholder Claims, provided that any such additional Noteholder Claims shall automatically be deemed to be subject to the terms of this Agreement, and provided further that the Consenting Noteholders agree to furnish to the Company, DI and advisors to the Ad Hoc Bondholder Committee prompt notice within five (5) Business Days of the acquisition of any additional Notes.
Should all members in the Bondholder Committee resign for any reason and until new members have been elected pursuant to this Clause, any decision required to be taken by the Bondholder Committee under these Terms and Conditions shall be resolved in a Bondholders’ Meeting or Written Procedure (as applicable) in accordance with Clause 19 (Decisions by Bondholders).
The Bondholder Committee may at any time resolve to include any Bondholder, or an authorised nominee (Sw. förvaltare) or another intermediary with respect to one or several Bonds, as a member of the Bondholder Committee and any member of the Bondholder Committee may at any time resign from the Bondholder Committee.
On January 15, 2003, we announced that we had reached a non-binding agreement with respect to the terms of amended and restated credit facilities with both the steering committee of our Senior Lenders and the Bondholder Committee.
The Bondholders may at any time instruct the Bond Trustee to initiate a Bondholders’ Meeting or a Written Procedure to dismiss members of the Bondholder Committee and/or to elect new members.
Pinner, six (6) directors designated by the Bondholder Committee and two (2) directors designated by the Prepetition Lenders.
Notes), (3) Franklin Advisers, (4) Dynegy Holdings, (5) U.S. Bank National Association, and (6) the Ad Hoc Bondholder Committee (i.e., Aegon USA Investment Management, LLC, Avenue Capital Group, Caspian Capital L.P., and Loomis, Sayles & Company, L.P.).