Examples of Corporate Governance Term Sheet in a sentence
On the Effective Date, New Cotai, LLC will replace its existing board with the New Board on the terms set forth in the Corporate Governance Term Sheet.
These enhancements are detailed in the Corporate Governance Term Sheet, which appears on page 5 of this Notice as Exhibit A.
On the Effective Date, the Reorganized Hornbeck Board shall be established, and the Reorganized Debtors shall adopt their New Corporate Governance Documents, consistent with the New Corporate Governance Term Sheet and the Restructuring Support Agreement.
As soon as reasonably practicable after the execution of a Memorandum of Understanding attaching as an exhibit this Corporate Governance Term Sheet, Lead Plaintiffs' Counsel (or their designee), in coordination with the Chairman of the Board of Hanover (or his designee) shall seek to identify potential directors.
On the Effective Date, the Corporate Governance Documents of the Debtors shall be amended in a form as may be required to be consistent with the Corporate Governance Term Sheet, the Plan Support Agreement and the provisions of the Plan and the Bankruptcy Code (including, without limitation, section 1123(a)(6) of the Bankruptcy Code).