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 means any nominee submitted to the Trustee on a CCR Nomination pursuant to Section 11.1(a) of the Base Indenture.

CCR Candidate means any nominee submitted to the Trustee on a CCR Nomination pursuant to Section 11.01(b) of this Base Indenture.

Examples of CCR Candidate in a sentence

• Pursuant to Section 11.1(d) of the Base Indenture, if two CCR Candidates both receive votes from Controlling Class Members owning (or owning any beneficial interest in) exactly 50% of the CCR Voting Amount, the Manager, together with the Canadian Manager, shall select the Controlling Class Representative from among the CCR Candidates with the highest votes, and direct the Trustee to appoint such selected CCR Candidate as the Controlling Class Representative.

• Each Controlling Class Member shall be allowed to nominate itself as a candidate for Controlling Class Representative (a “CCR Candidate”) (and shall not be permitted to nominate any other Person as a CCR Candidate) by submitting its nomination directly to the Indenture Trustee in writing in the form attached as Exhibit K hereto (a “CCR Nomination”) within the period specified in the CCR Election Notice, which shall be five (5) Business Days from the date thereof (the “CCR Nomination Period”).

• 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 119 Period”).

• Each nomination shall include a contact for the CCR Candidate, together with such contacts direct email and phone number.

• Each nomination shall include a contact for the CCR Candidate that will be available to answer any questions raised by a Noteholder or Beneficial Owner.

• Each Controlling Class Member nominating a CCR Candidate shall also be required to represent and warrant that, as of the date not more than ten (10) Business Days prior to the date of the CCR Election Notice (i) it was the Beneficial Owner or Noteholder, as applicable, of the aggregate Note Principal Balance of Notes of the Controlling Class specified in its CCR Nomination and (ii) the CCR Candidate is a Controlling Class Member.

• Very truly yours, CITIBANK, N.A., as Trustee 12 Insert if no CCR Candidate received the requisite percentage of votes.

• Each nomination shall include a contact for the CCR Candidate that shall be available to answer any questions raised by a noteholder.

• If both (i) the CCR Voting Amount is greater than or equal to the CCR Quorum Amount and (ii) a CCR Candidate receives votes representing in excess of 50% of the CCR Voting Amount, such CCR Candidate shall be elected the Controlling Class Representative.

• Pursuant to Section 11.1(d) of the Base Indenture, if the CCR Election Period results in a tie, the Manager shall select the Controlling Class Representative from among the candidates with the highest votes and shall direct the Trustee to appoint such CCR Candidate as the Controlling Class Representative.

More Definitions of CCR Candidate

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).

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.