Consenting Holder definition

Consenting Holder means a relevant licence holder who has consented to the modifications;

Consenting Holder means a Holder that has consented to the Transactions and delivered a duly completed and executed Written Consent and Joinder Agreement or Support Agreement, as applicable.

Consenting Holder means the then-largest holder or group of Affiliated holders, measured by number of Series B Convertible Preferred Units, of Series B Convertible Preferred Units.

Examples of Consenting Holder in a sentence

• The Company and each Consenting Holder covenants and agrees to negotiate in good faith the Restructuring Documents, which the Company covenants will be, in all material respects, consistent with this Agreement and the Term Sheet.

• Each Consenting Holder shall be entitled to protect and enforce its rights, including without limitation, the rights arising out of this Plan Support Agreement, and it shall not be necessary for any other Consenting Holder to be joined as an additional party in the proceeding for such purpose.

• Nothing herein or in any other agreement or document, and no action taken by any Consenting Holder pursuant hereto or thereto, shall be deemed to constitute the Consenting Holders as a group, a partnership, an association, a joint venture or any other kind of entity, or to create a presumption that the Consenting Holders are in any way acting in concert or as a group with respect to such obligations or the transaction contemplated by this Plan Support Agreement.

• The obligations of each Consenting Holder hereunder shall be several, and not joint with the obligations of any other Consenting Holder herein, and no Consenting Holder shall be responsible in any way for the performance of the obligations of any other Consenting Holder hereunder.

• Upon the request of the Company, each Consenting Holder shall provide an accurate and current list of the Relevant Claims held by such Consenting Holder.

More Definitions of Consenting Holder

Consenting Holder. The meaning specified in Section 9.8(c).

Consenting Holder means each Noteholder of a Re-Priced Class that gives notice in writing to the Issuer within 10 Business Days of delivery of the Notice of Proposed Re-Pricing that it consents to maintaining the Principal Amount Outstanding of the Notes of the Re-Priced Class held by it at the Re-Pricing Rate.

Consenting Holder means a holder of Existing Debentures who has agreed in writing to become a party to this Agreement.

Consenting Holder has the meaning specified in Section 2(l)(i).

Consenting Holder means Serengeti for so long as it continues to beneficially own at least ten thousand (10,000) Preferred Shares (as adjusted for any Reclassification of Preferred Shares), and any permitted transferee of at least ten thousand (10,000) of a Consenting Holder’s Preferred Shares (as adjusted for any Reclassification of Preferred Shares) for so long as such transferee continues to beneficially own at least ten thousand (10,000) Preferred Shares (as adjusted for any Reclassification of Preferred Shares); provided that for purposes of the determination of the number of Preferred Shares beneficially owned by each Consenting Holder, beneficial ownership of Common Stock, as adjusted for any Reclassification thereof, issued upon conversion of Preferred Shares on an as-converted basis shall be treated as beneficial ownership of Preferred Shares for so long as such Holder also owns at least one (1) Preferred Share.

Consenting Holder means any Holder who either (A) executed and delivered a counterpart of this Agreement to the Trustee and the Company on the date hereof or (B) on or prior to the Consent Deadline Date (as defined below), has provided its consent and agreement to the Required Consent Items in the manner described in the Consent Solicitation and (y) “Consent Deadline Date” shall mean the date set forth in the Consent Solicitation as the deadline for the Holders to provide their consent and agreement to the Required Consent Items and (z) “Record Date” shall mean the date set forth in the Consent Solicitation as the record date for determining Holders entitled to consent to the Required Consent Items.

Consenting Holder shall have the meaning given to such term in the preliminary statements above.