Conforming Plan definition

Conforming Plan. (a) a Reorganization Plan proposed by the Debtors that incorporates the terms and conditions set forth in the Restructuring Term Sheet attached as Exhibit H and is consistent in all material respects with the Restructuring Term Sheet (as may be modified in accordance with the terms of that certain letter agreement dated as of July 6, 2009 by and among the Borrower and certain of its Affiliates, JPMorgan Chase Bank, N.A. and the lender signatories thereto) or (b) a plan of reorganization proposed by the Debtors that provides for payment in full in cash of the Obligations.
Conforming Plan means a Reorganization Plan (a) substantially consistent with the Restructuring Support Agreement and otherwise in form and substance reasonably satisfactory to the Administrative Agent and the Required Lenders or (b) that provides for the termination of the Commitments and payment in full in cash of the Obligations on the Effective Date.
Conforming Plan means a plan that is subject to this rule.

Examples of Conforming Plan in a sentence

  • The crowding distance di of a solution i is the average distance of two solutions on either side of solution i along each of the objectives, which is calculated by the algorithm in section 2.2.4.3. The definition of the crowded tournament selection operator is as follows.Definition 2.2 Crowded Tournament Selection Operator: A solution i wins a tournament with another solution j if any of the following conditions are true:1.

  • Thailand participated in the formulation of best practices and responsible tuna fishing within IOTC, including guidelines for deterring illegal, unreported and unregulated fishing.

  • The Borrower and the other Credit Parties shall continue to retain Xxxxxxx & Marsal North America, LLC as restructuring advisors or retain such other advisor approved by the Requisite Lenders and on terms and conditions approved by Requisite Lenders until the Credit Parties have substantially consummated a Conforming Plan of Reorganization.

  • Conformity Criteria All Actions at all times— Section (10) Latest planning assumptionsSection (11) Latest emissions modelSection (12) Consultation Transportation Plan— Subsection (13)(B) TCMsSection (16) or Section (17) Emissions budget oremission reduction TIP— Subsection (13)(C) TCMsSection (16) or Section (17) Emissions budget oremission reduction Project (From a Conforming Plan and TIP)— Section (14) Currently conforming plan 3.

  • Mandates that each proposed Conforming Plan contain a certification by the debtors and their lawyer that no changes had been made to the Conforming Plan (other than the possible inclusion of Non Standard Provisions in the final paragraph of the Conforming Plan) and that the Debtor does not seek confirmation of any provision that has been deemed not to be effective under these Rules.


More Definitions of Conforming Plan

Conforming Plan has the meaning ascribed to it in the Plan Support Agreement.
Conforming Plan has the meaning ascribed to it in Section 2.a.
Conforming Plan means a plan of reorganization of Guarantor containing each of the following elements, and that will result upon confirmation in: (a) The Guaranty remaining unimpaired; (b) Guarantor and its wholly owned subsidiaries continuing to own or operate not less than three hundred (300) assisted living residences; (c) On a pro forma basis, the ratio of Guarantor's Debt to Guarantor's Cash Flow not exceeding 12:1.0; and (d) Upon the confirmation and implementation of the such plan, at least seventy percent (70%) of the Guarantor's voting stock on a fully diluted basis being owned by (i) Persons who had, prior to filing of the bankruptcy petition instituting the Conforming Bankruptcy Proceeding, (A) an ownership or other interest in Guarantor's stock or debt (including debt of Guarantor's subsidiaries guaranteed by Guarantor) and (B) a joint venture ownership interest in Guarantor's assets or Guarantor's subsidiaries' assets, and (ii) Related Persons of Persons described in the foregoing clause (i), but excluding each such Person or Related Person who: (1) held less than a Material Investment in Guarantor on the Effective Date, and (2) subsequent to the Effective Date and prior to or contemporaneously with the confirmation and implementation of such plan increases their respective investment (on a cost basis) in the Guarantor by greater than ten percent (10%). “Filing Deadline” shall mean December 31, 2002. “Forbearance Period” shall mean the period commencing on the Effective Date and ending on the earlier to occur of (a) the date upon which a Forbearance Default occurs, or (b) the Filing Deadline. “Funding Date” shall mean the earlier to occur of (a) the date upon which Landlord receives the proceeds of the second tranche of the acquisition loan obtained by Landlord in connection with the acquisition of the Premises, or (b) the date that is forty-five (45) days after the Effective Date. “Guarantor's Cash Flow” shall mean, for any applicable fiscal quarter, the net income of Guarantor for such quarter, adjusted to add thereto, without duplication, (a) interest expense, (b) income tax expense, (c) depreciation and amortization expense, and (d) any other noncash adjustments, in each case determined in accordance with generally accepted accounting principles, consistently applied. “Guarantor's Debt” shall mean all debt, guarantees and all convertible debt issued by Guarantor, including zero coupon instruments and non-cash paying securities (such as convertibles and PI...
Conforming Plan means a plan that is subject to this rule. G.[D.] "Continuation Coverage" means coverage provided under right of continuation pursuant to the federal (COBRA) law, Utah mini-COBRA, or a[the] state extension law. For the purposes of this rule, a person's eligibility status will maintain the same
Conforming Plan has the meaning ascribed to it in the Plan Support Agreement. “Consenting Lease Certificate Holders” means the beneficial owners (or advisors, nominees or investment managers for the beneficial owner(s)) of a portion of the outstanding Lease Certificates that have executed the Plan Support Agreement.
Conforming Plan shall have the meaning given such term in the Lease.
Conforming Plan means a plan of reorganization of Alterra that contains each of the following elements: