Examples of Consensual Plan in a sentence
The parent or guardian, as the case may be, hereby unconditionally consents to the participation, volunteering or involvement of the minor in the Event, and as such consents to these terms and conditions for and on behalf of the minor, including each undertaking, obligation, representation, warranty and waiver of liability.
Not later than five business days after such Bankruptcy Court approval (or such other date as the Bankruptcy Court orders), the Reliance Entities shall distribute the Disclosure Statement to all known members of each class of impaired claims or interests identified in the Consensual Plan and shall solicit the consent of each such class of claims and interests in compliance with the Bankruptcy Code and Federal Rules of Bankruptcy Procedure.
The Reliance Entities shall use their respective good faith efforts to notice a hearing on confirmation of the Consensual Plan, to convene not more than 45 days after the date the Disclosure Statement is approved and to conclude not more than 60 days after such approval.
The treatment of the Class 17 claims are dependent upon whether the Plan is confirmed as a Consensual Plan with the acceptance of each class of creditors or by Cramdown in the event of a rejecting class.
The treatment of the Class 13 claims are dependent upon whether the Plan is confirmed as a Consensual Plan with the acceptance of each class of creditors or by Cramdown in the event of a rejecting class.
Notwithstanding the foregoing, in the event of a conflict between the provisions of this Agreement and the Xxxxx Consensual Plan, the terms of the Xxxxx Consensual Plan shall prevail.
Cash to be paid to such Holder for electing the Class 5 Equity Cash Out Option is in addition to the Cash such Holder already would have a right to receive as part of the Class 5 Consensual Plan Consideration if Class 5 votes to accept the Plan (i.e., its Pro Rata share of the additional aggregate $1.0 million of Cash).
In addition, LINN shall use commercially reasonable efforts to continue to assist Xxxxx in connection with the resolution of claims against Xxxxx and Linn Acquisition Company, LLC relating to the Chapter 11 Cases (as defined in the Xxxxx Consensual Plan); provided, however, that LINN will not be required to provide such assistance after the Term of this Agreement absent mutual agreement of the Parties, including agreement as to the additional compensation to LINN for such assistance.
Except for and without limiting either Party’s rights under the Xxxxx Consensual Plan, this Agreement constitutes the entire agreement and understanding between the Parties with respect to the subject matter of this Agreement (including the Services).
The treatment of the Reorganized Debtor’s stock is dependent upon whether the Plan is confirmed as a Consensual Plan with the acceptance of each class of creditors or by Cramdown in the event of a rejecting class.