CCR Candidate definition
CCR Candidate means any nominee submitted to the Trustee on a CCR Nomination pursuant to Section 11.1(b) of the Base Indenture.
CCR Candidate has the meaning set forth in Section 11.1(b) of this Base Indenture.
CCR Candidate shall have the meaning ascribed in Section 10.05(a).
Examples of CCR Candidate in a sentence
Each Controlling Class Member shall be allowed to nominate itself as a CCR Candidate (and shall not be permitted to nominate any other person or entity as a CCR Candidate) by submitting a nomination to the Trustee in the form attached as Exhibit G hereto (a “CCR Nomination”) within thirty (30) calendar days (such period, the “CCR Nomination Period”).
Each nomination shall include a contact for the CCR Candidate that shall be available to answer any questions raised by a noteholder.
More Definitions of CCR Candidate
CCR Candidate means any nominee submitted to the Trustee on a CCR Nomination pursuant to Section 11.1(b) of the Base Indenture. “CCR Election” means an election of a Controlling Class Representative pursuant to Section 11.1 of the Base Indenture. “CCR Election Period” has the meaning set forth in Section 11.1(c) of the Base Indenture. “CCR Nomination” has the meaning set forth in Section 11.1(b) of the Base Indenture. “CCR Nomination Notice” has the meaning set forth in Section 11.1(a) of the Base Indenture. “CCR Nomination Period” has the meaning set forth in Section 11.1(b) of the Base Indenture. “CCR Re-election Event” means any of the following events: (i) an additional Series of Notes of the Controlling Class is issued, (ii) the Controlling Class changes, (iii) the Trustee receives written notice of the resignation or removal of any acting Controlling Class Representative, (iv) the Trustee receives a written request for an election for a Controlling Class Representative from a Majority of Controlling Class Members, which election will be at the expense of such Controlling Class Members (including Trustee expenses), (v) the Trustee receives written notice that an Event of Bankruptcy has occurred with respect to the acting Controlling Class Representative, (vi) there is no Controlling Class Representative and the Control Party requests an election be held, or (vii) prior to the 2022 Springing Amendments Implementation Date, an Annual Election Date occurs; provided that, with respect to a CCR Re-election Event that occurs as a result of clause (iv), (vi) or (vii), no CCR Re-election Event will be deemed to have occurred if it would result in more than two (2) CCR Re-election Events occurring in a single calendar year. “CCR Voting Record Date” has the meaning set forth in Section 11.1(c) of the Base Indenture. “Change of Control” has the meaning set forth in the Management Agreements. “Charter Document” means, with respect to any entity and at any time, the certificate of incorporation or amalgamation, certificate of formation, declaration of limited partnership, operating agreement, limited partnership agreement, by-laws, memorandum of association, articles of association, articles and any other similar document, as applicable to such entity in effect at such time.
CCR Candidate has the meaning set forth in Section 11.1(b) of the Base Indenture. “CCR Election” has the meaning set forth in Section 11.1(c) of the Base Indenture.