Examples of Consenting Class in a sentence
In addition, this Agreement shall terminate in respect of the applicable Consenting Class three (3) business days following the delivery of notice, delivered in accordance with Section 21 hereof, from NPC International to the other Parties at any time after the occurrence and during the continuance of any Company Termination Event.
The Requisite Consenting Creditors may terminate this Agreement, in each case, upon delivery of written notice to the Company in accordance with Section 23 hereof at any time after the occurrence of or during the continuation of any of the following events (each, a “Creditor Termination Event”): provided, that termination by each of the Requisite Secured Lenders or Requisite Noteholders, as applicable, shall only be effective as to the applicable terminating Consenting Class.
Ms. Fox-Stroman stated that the full financial report is available on the MSFA website and will also be available in the November 2020 minutes.
Any Consenting Class no longer owns at least 66.67% of the relevant debt of such class; provided that such class shall not have the right to terminate pursuant to this clause (xii).
As a result of the exercise of such option, it is anticipated that the Class A Notes subject thereto will become Extension Consenting Class A Notes and, if the other Extension Conditions are satisfied, the Extension will occur.