Consenting First Lien Creditors definition

Consenting First Lien Creditors means the lenders that are Holders of First Lien Credit Agreement Claims that are parties to the Restructuring Support Agreement.
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Consenting First Lien Creditors means “Consenting Creditors” (as defined in the Restructuring Support Agreement).
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Consenting First Lien Creditors has the meaning set forth in the preamble to this Agreement.
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Examples of Consenting First Lien Creditors in a sentence

  • On May 11, 2016, the Debtors entered into the Restructuring Support Agreement, under which, among other things, the Consenting First Lien Creditors agreed to a new exit facility with an initial $425 million borrowing base, and the Consenting Second Lien Creditors agreed to convert all of their prepetition debt to equity.

  • On May 11, 2016, the Debtors and a group of (a) Consenting First Lien Creditors holding approximately 98 percent of the outstanding principal amount under the First Lien Credit Agreement; (b) Consenting Second Lien Creditors holding approximately 79 percent of the outstanding principal amount of the Second Lien Notes; and(c) Consenting Unsecured Creditors holding approximately 55 percent of the outstanding principal amount of the Unsecured Senior Notes entered into the Restructuring Support Agreement.

  • Finally, the Consenting First Lien Creditors shall be included as Released Parties and Releasing Parties under the Plan.

  • Registration rights, if any, to be provided to the Backstop Parties and the Required Consenting First Lien Creditors will be set forth in the Governance Term Sheet.

  • Uniti will pay to the subsidiary or subsidiaries of Windstream designated by the mutual agreement of the Debtors, the Required Consenting First Lien Creditors, and the Requisite Backstop Parties$490,109,111 in 20 equal consecutive quarterly installments beginning on the 5th business day of the first month following the Effective Date.

  • Since the entry door is expected to be moved, a landing would not be centered.The appearance would be awkward.

  • The Consenting First Lien Creditors (constituting the Majority 1L Lenders (as defined in the Cash Collateral Order)) will consent to the DIP Facility and to the use of cash collateral by the Debtors during the pendency of the Chapter 11 Cases and as set forth in the DIP Order, subject in all respects to the Required Consenting First Lien Creditors’ consent rights in the Restructuring Support Agreement.

  • Disa nga inkubatorët karakterizohen në bazë të fondeve që ata marrin.

  • On or before the Effective Date, the Debtors (with the consent of the Required Consenting First Lien Creditors and subject to any other consent rights set forth in the Restructuring Support Agreement or the Plan) may file with the Bankruptcy Court such agreements and other documents as may be necessary or appropriate to effectuate and further evidence the terms and conditions of the Plan.

  • On the Effective Date, each Intercompany Claim shall be, at the option of the Debtors (with the consent of the Required Consenting First Lien Creditors) or the Reorganized Debtors, as applicable, either Reinstated, compromised, or cancelled and released without any distribution.


More Definitions of Consenting First Lien Creditors

Consenting First Lien Creditors means, collectively, the Consenting 2023 Stub First Lien Term Loan Creditors, the Initial Consenting First Lien Creditors and the Additional Consenting First Lien Creditors.
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Consenting First Lien Creditors has the meaning set forth in the Restructuring Support Agreement.
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Consenting First Lien Creditors means the holders of, or investment advisors, sub-advisors, or managers of discretionary accounts that hold First Lien Claims that have executed and delivered counterpart signature pages to the Plan Support Agreement, a joinder thereto, or a Transfer Agreement to counsel to the Company Parties.
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Consenting First Lien Creditors means collectively, the creditors that have executed the Restructuring Support Agreement, each of which is a Holder of, or an investment advisor, sub-advisor, or manager of discretionary accounts that hold, First Lien Notes Claims.​​
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Related to Consenting First Lien Creditors

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • First Lien Agent has the meaning given to such term in the Intercreditor Agreement.

  • Second Lien Noteholders means the holders of Second Lien Notes.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Second Lien Agent means the “Agent” under and as defined in the Second Lien Credit Agreement.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.