Consenting Creditor Termination Event definition

Consenting Creditor Termination Event has the meaning set forth in Section
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Consenting Creditor Termination Event means the occurrence of any of the following: (i) The breach by the Company of any of the undertakings, representations, warranties, or covenants of the Company set forth herein in any respect that materially and adversely affects the Consenting Creditors’ interests with regard to the Restructuring, and which, if capable of being cured, remains uncured for a period of three
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Consenting Creditor Termination Event has the meaning ascribed to such term in Section 5(a).
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Examples of Consenting Creditor Termination Event in a sentence

  • Notwithstanding the foregoing, if any Consenting Creditor Termination Event is caused by any Consenting Party, this Agreement shall be terminable solely with respect to that Consenting Party.

  • The Company hereby acknowledges and agrees that the termination of this Agreement and the obligations hereunder as a result of a Consenting Creditor Termination Event, and the delivery of any notice by the Majority Consenting Lenders, the Committee, a Consenting Noteholder or an Initial Consenting Noteholder, pursuant to any of the provisions of this Section 5.02 shall not violate the automatic stay imposed in connection with the Bankruptcy Cases.

  • If the Restructuring is not consummated, or following the occurrence of a Consenting Creditor Termination Event, a Company Termination Event or the termination of this Agreement, nothing herein shall be construed as a waiver by any Party of any or all of such Party’s rights, and the Parties expressly reserve any and all of their respective rights.


More Definitions of Consenting Creditor Termination Event

Consenting Creditor Termination Event has the meaning set forth in Section 12.01 of this Agreement.
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Consenting Creditor Termination Event has the meaning set forth in Section 8(a).
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