Conforming Plan of Reorganization definition

Conforming Plan of Reorganization means any Plan of Reorganization whose provisions are consistent with the provisions of this Agreement.

Conforming Plan of Reorganization means any Plan of Reorganization that provides for payments and/or distributions pursuant to such Plan of Reorganization in respect of the Obligations to be applied pursuant to and in accordance with this Agreement.

Conforming Plan of Reorganization means a plan of reorganization filed with the Bankruptcy Court in connection with the Chapter 11 Cases that conforms to the requirements of the Plan Support Agreement in all respects.

Examples of Conforming Plan of Reorganization in a sentence

• In furtherance of the foregoing, each Secured Party hereby agrees that it will not support, propose or vote to accept any Non-Conforming Plan of Reorganization; provided, that notwithstanding anything to the contrary contained herein, each Secured Party shall be permitted to support, propose and/or vote for any Conforming Plan of Reorganization.

• 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.

• The Borrower and the other Credit Parties shall continue to retain Alvarez & 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.

• The Borrower and the other Credit Parties shall continue to retain Axxxxxx & 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.

• Within 85 days after the Petition Date (or, if earlier, within 30 days following the date of entry of the Confirmation Order), a Conforming Plan of Reorganization shall not have been substantially consummated pursuant to section 1101(2) of the Bankruptcy Code.

More Definitions of Conforming Plan of Reorganization

Conforming Plan of Reorganization means any Plan of Reorganization whose provisions are consistent with the provisions of this Agreement, including one that (i) does not grant the Second Priority Agent or any Second Priority Secured Party any right or benefit, directly or indirectly, which right or benefit is expressly prohibited at such time by the provisions of this Agreement and (ii) unless accepted by the Required Lenders in accordance with applicable Bankruptcy Laws, provides for the Discharge of Senior Lender Claims upon the effective date thereof.

Conforming Plan of Reorganization means any Plan of Reorganization that is not a Non-Conforming Plan of Reorganization.

Conforming Plan of Reorganization means any Plan of Reorganization whose provisions are consistent with the provisions of this Agreement (including those of Article II, including those of Section 2.01(a), Section 2.03, or Sections 2.10 – 2.16).

Conforming Plan of Reorganization has the meaning specified in Section 5.15(a).

Conforming Plan of Reorganization means any Plan of Reorganization whose provisions are consistent with the provisions of this Agreement and the Base Intercreditor Agreement. “Control Collateral” shall mean any Collateral consisting of any certificated Security, Investment Property, Deposit Account, Instruments, Chattel Paper and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor. “Credit Documents” shall mean the Cash Flow Documents, the Initial Junior Priority Documents and any Additional Documents. “Credit Facility” shall mean the Cash Flow Credit Agreement, the Initial Junior Lien Credit Facility or any Additional Credit Facility, as applicable. “Credit Parties” shall mean the Cash Flow Credit Parties, the Initial Junior Priority Credit Parties and any Additional Credit Parties. “Creditor” shall mean any Senior Priority Creditor or Junior Priority Creditor. “Currency Agreement” shall mean, in respect of a Person, any foreign exchange contract, currency swap agreement or other similar agreement or arrangements (including derivative agreements or arrangements), as to which such Person is a party or a beneficiary. “Designated Agent” shall mean any Additional Agent, any Cash Flow Agent under any Cash Flow Credit Agreement other than the Original Cash Flow Credit Agreement, or any Initial Junior Priority Agent, in each case as the Company Representative designates as a Designated Agent (as confirmed in writing by such Party if such designation is made after the execution of this Agreement by such Party (in the case of the Initial Junior Priority Agent) or the joinder of such Party to this Agreement), as and to the extent so designated. Such designation may be for all purposes of this Agreement, or may be for one or more specified purposes hereunder or provisions hereof. “DIP Financing” shall have the meaning set forth in Section 6.1(a). “Discharge of Additional Obligations” shall mean, if any Indebtedness shall at any time have been incurred under any Additional Credit Facility, with respect to each Additional Credit Facility: (a) the payment in full in cash of the applicable Additional Obligations that are outstanding and unpaid at the time all Additional Indebtedness under such Additional Credit Facility is paid in full in cash, (i) including (if applicable), with respect to amounts available to be drawn under outstanding letters of credit issued thereunder at such time (or indemnities or other undertakings is...

Conforming Plan of Reorganization means a plan of reorganization and disclosure statement filed with the Bankruptcy Court in connection with the Chapter 11 Cases that previously shall have been approved in writing by the Administrative Agent after receiving the consent of the Requisite Lenders, which consent may be withheld in their sole discretion.

Conforming Plan of Reorganization means any Plan of Reorganization whose (i) provisions are consistent with the provisions of this Agreement, including one that does not grant any Second Priority Agent or any Second Priority Secured Party any right or benefit, directly or indirectly, that is inconsistent with or expressly prohibited at such time by the provisions of this Agreement, or (ii) such plan (a) is accepted by the Required Lenders, or by the requisite Senior Lenders in accordance with Section 1126(c) of the Bankruptcy Code or in accordance with any other applicable Bankruptcy Law or (b) provides for the Discharge of Senior Lender Claims upon the effective date thereof.