Examples of Bridge Noteholders in a sentence
The filing of the Plan, any statement or provision contained in the Plan, or the taking of any action by the Debtor with respect to the Plan shall not be and shall not be deemed to be an admission or waiver of any rights of the Debtor, the Bridge Noteholders, the Senior Secured Noteholders, the Convertible Noteholders, or any other Person with respect to Claims against and Interests in the Debtor.
The filing of this Plan, any statement or provision contained in this Plan, or the taking of any action by the Debtor with respect to this Plan shall not be and shall not be deemed to be an admission or waiver of any rights of the Debtor, the Bridge Noteholders, the Senior Secured Noteholders, the Convertible Noteholders or any other Person with respect to Claims against and Interests in the Debtor.
To the extent that the Issuer or any member of the Group initiates any process at any time for the purpose of incurring Chapter 11 debtor-in-possession super priority financing, the Issuer shall procure that the Bridge Noteholders have a reasonable opportunity to participate in such process as potential financiers.
The determination of such investment bank will be conclusive and binding on the Issuer, the Trustee, and the Bridge Noteholders.
Any amount payable to the Trustee under Clause 20.3 (Indemnity to the Trustee), Clause 21 (Expenses) and Clause 16.10 (Bridge Noteholders’ indemnity to the Trustee) shall include the cost of utilising the management time or other resources of the Trustee and will be calculated on the basis of such reasonable daily or hourly rates as the Trustee may notify to the Issuer and the Bridge Noteholders, and is in addition to any fee paid or payable to the Trustee under Clause 19 (Fees).
No Obligor may assign or transfer any of its rights and obligations under the Bridge Finance Documents without the prior consent of all the Bridge Noteholders.
Any agreement between the Issuer and the Trustee will be, with the prior consent of the Majority Bridge Noteholders, binding on all the Parties.
The Trustee must notify the relevant Bridge Noteholders promptly of receipt of any such notice.
The exercise of the Trustee’s discretion shall be conclusive and binding on the Bridge Noteholders.
Wacker Drive, Suite 4500 Chicago, Illinois 60606 Email: mattmurphy@paulhastings.com mattmicheli@paulhastings.com michaeljones@paulhastings.com and Jayme GoldsteinChristopher Guhin200 Park AvenueNew York, New York 10166Telephone: (212) 318-6000Facsimile: (212) 319-4090Email: jaymegoldstein@paulhastings.comchrisguhin@paulhastings.com Reorganized Debtor Bridge Noteholders Quotient Limited PO Box 1075—JTC House28 Esplanade, St HelierJersey JE4 2QPChannel IslandsAttn: Manuel O.