Examples of Chatham Parties in a sentence
The Chatham Parties and/or the Purchaser have also agreed, that the GUC Recovery Trust shall be funded with the GUC Recovery Trust Assets, including Cash, the GUC Recovery Trust Causes Of Action, and a portion of the proceeds of the Net Tax Refund on the Effective Date (or after the Effective Date, as may be required in the case of the proceeds of the Net Tax Refund).
Rights with Respect to Notes and Permitted Additional Pari Passu Obligations of Chatham Parties.
Except as otherwise provided for in the Plan or ordered by the Bankruptcy Court, distributions under this Agreement, and payments from the Escrows, as applicable, for the professional fees and expenses of (i) the Chatham Parties, other than the Deferred Amounts Claims, (ii) the Brigade Parties, (iii) the 2027 Debentures Trustee and the 2029 Debentures Trustee, and (iv) Seward & Kissel LLP shall be paid on the Effective Date subject to the Professional Fee Caps set forth in the Admin Liability Schedule.
To the extent there is any modification to the above treatment of the PBGC Claim, such treatment shall be agreed upon by the Debtors and the Chatham Parties, and the Brigade Parties must also consent to such treatment (such consent not to be unreasonably withheld or conditioned).(c) Voting: Class 7 is Impaired and Holders of Allowed Class 8 Claims are entitled to vote to accept or reject the Plan.
The Trustee shall be under no obligation to request any certification relating to the Chatham Parties, unless the Trustee is requested in writing to do so by Holders of not less than 10% in aggregate principal amount of the then-outstanding Notes.
Subject to and in accordance with the Committee Settlement described herein and in the Stipulation Regarding Mediated Sale and Plan Settlement (and, in the case of the Debtors and the Committee, subject to and in accordance with Article 2.5 of the Plan), the professional fees and expenses of the Debtors, the Chatham Parties, the Brigade Parties, and the Committee shall constitute Allowed Administrative Claims.
Limitation on Voting Rights with Respect to Notes and Permitted Additional Pari Passu Obligations of Chatham Parties.
The Plan was the product of extensive negotiations conducted at arm’s length among the Debtors, the Chatham Parties, the Brigade Parties, and the Committee.21.
As a part of mediation, Moelis prepared a recovery waterfall analysis and actively participated in settlement discussions with the Debtors, their respective advisors, Chatham Parties, and their respective advisors.
As soon as reasonably practicable after the Effective Date, the New Board shall adopt and implement the MIP and other incentive compensation bonus, severance, supplemental retirement and related benefit plans for the management of the Reorganized Debtors other than the Key Executives, which shall be mutually agreeable to the Chatham Parties and the Key Executives.