Consenting Class definition

Consenting Class means the Consenting Revolver Lenders or the Consenting Noteholders, as applicable.
Consenting Class means either the Secured Lenders or the Noteholders, as applicable. in the Plan.

Examples of Consenting Class in a sentence

  • In addition, for purposes of applying the Pro Rata formula, the total amount of Allowed Class UM-2 Claims and Disputed Class UM-2 Claims shall be determined irrespective of whether the holders of such Claims are Consenting Class UM-2 Holders.

  • With respect to any Allowed Class UM-2 Claims held by an entity that is not a Consenting Class UM-2 Holder, (i) any and all contractual subordination provisions shall remain in effect and shall be enforced under the Plan, and (ii) any consideration that would otherwise be distributed on account of such Allowed Class UM-2 Claims under this Plan shall instead be distributed at the direction of the MHG Senior Credit Facility Agent for the benefit of the holders of Allowed Class SM-1 Claims.

  • With respect to each Consenting Class UP-2 Holder of Allowed Class UP-2 Claims, (i) the MPAN Senior Credit Facility Claim Holders waive their contractual subordination rights against such Consenting Class UP-2 Holder, and (ii) the distributions to such Consenting Class UP-2 Holder on account of its Allowed Class UP-2 Claims shall not be subject to levy, garnishment, attachments, or other legal process by any holder of MPAN Senior Credit Facility Claims by reason of claimed contractual subordination rights.

  • The subordination rights of the MHG Senior Credit Facility Claim Holders under the MHG Indenture shall be modified with respect to Consenting Class UM-2 Holders as provided in the treatment of Class UM-2 under this Plan.

  • Each holder of an Allowed Class UP-2 Claim that is also a Consenting Class UP-2 Holder shall receive, in full satisfaction of such Claim, a Pro Rata share of the MPAN Subordinated Note Claims Distribution Fund.


More Definitions of Consenting Class

Consenting Class means the Third Lien Noteholders, the Unsecured Noteholders, the Convertible Noteholder or the Preferred Holders, as applicable.
Consenting Class means the Consenting Term Loan Lenders or the Consenting Noteholders, as applicable.
Consenting Class means either the First Lien Lenders or the Second Lien Lenders, as applicable.
Consenting Class means either the Secured Lenders or the Noteholders, as
Consenting Class means any of (i) the Consenting First Priority Holders, (ii) the Consenting Second Priority Holders, (iii) the Consenting Convertible Holders and (iv) the Consenting 7.5% Convertible Bondholders, as applicable.
Consenting Class means any of (i) the Consenting First Priority Holders,
Consenting Class means the Consenting Noteholders or the Consenting Sponsors as applicable.