Examples of Consenting LINN Creditors in a sentence
The New Organizational Documents shall be in form and substance reasonably acceptable to the LINN Debtors and the Required Consenting LINN Creditors.
The conditions to Confirmation and Consummation set forth in this Article IX may be waived by the LINN Debtors, with the reasonable consent of the Required Consenting LINN Creditors and the Committee (solely with respect to waivers of the conditions set forth in Article IX.A.2, Article IX.B.1, Article IX.B.2, and Article IX.B.10), without notice, leave, or order of the Bankruptcy Court or any formal action other than proceedings to confirm or consummate the Plan.
On the Business Day before the Effective Date, a third party designated by mutual agreement of the LINN Debtors and the Required Consenting LINN Creditors shall form Reorganized LINN.
Occurrence of a Creditor Termination Event entitles, but doesnot require, the Required Consenting LINN Creditors to terminate the LINN RSA (as more fully set forth therein).
In negotiations between the Debtors, the Consenting LINN Creditors, the Consenting Berry Creditors, and the Committee, the parties identified various potential Causes of Action held by the Debtors.
Each Plan, including the Debtor Release contained therein, was negotiated before and after the Petition Date by sophisticated parties represented by able counsel and financial advisors, including the Consenting LINN Creditors, the Consenting Berry Creditors, and the Committee.
The conditions to Confirmation and Consummation set forth in this Article IX may be waived by the Debtors, with (1) the reasonable consent of the Required Consenting LINN Creditors with respect to the LINN Debtors and (2) the reasonable consent of the Berry Debtors with respect to the Berry Debtors, without notice, leave, or order of the Bankruptcy Court or any formal action other than proceedings to confirm or consummate the Plan.
The Debtor Release appropriately offers protection to parties that participated in the Debtors’ restructuring process, including the LINN Administrative Agent, the Consenting LINN Creditors, the Berry Administrative Agent, the Consenting Berry Creditors, each of the LINN Lenders and the Berry Lenders, including each Secured hedge or swap provider, and the Committee and its members in their capacities as such.