Examples of Creditor Restructuring Agreement in a sentence
The Finance Parties acknowledge the terms of, and hereby agree to comply with, the terms of Schedule 3 to the Creditor Restructuring Agreement as of and from the date of this Amendment and Restatement Agreement.
In conjunction with the negotiation of the Joint Creditor Proposal and as a condition to entry into the Creditor Restructuring Agreement, the LINN Debtors also engaged with the LINN Lenders regarding the terms of an amended and improved $1.7 billion LINN Exit Facility, the terms of which were documented in a term sheet (the “LINN Exit Facility Term Sheet”), which is attached as Exhibit B to the LINN RSA.
Signature of Consenting Bondholder, if an individual The undersigned hereby authorises the Ad Hoc Committee’s Legal Advisers to attach this Creditor Restructuring Agreement Signature Page (or a photocopy hereof, which shall be valid for all purposes) to the Creditor Restructuring Agreement dated as of the date first written above, or counterparts thereof.
The Consenting EPL Banks agree not to take or encourage (unless it would be permitted under the terms of this Agreement and the Creditor Restructuring Agreement) any action to require the EPL Facility Agent to declare an Event of Default under (and as defined in) the EPL Facility Agreement, or enforce payment under the EPL Facility Agreement or the making of advances under the EPL SLA (including enforcement of security).
In the case of a conflict between this Agreement and the Creditor Restructuring Agreement, the Creditor Restructuring Agreement shall prevail.
Subject to the Creditor Restructuring Agreement and provided the Standstill Period has not expired or terminated, the Parent and each of the EPL Lenders hereby requests RBS and RBS agrees to extend the RBS Letter of Credit until five Business Days after the Restructuring Long Stop Date.
The Restructuring Initiation Event not having occurred under the Old Standstill Agreement by 30 September 2003, the Parties to this Agreement agreed under the Creditor Restructuring Agreement to waive the termination event pursuant to paragraph 14 of schedule 5 to the Old Standstill Agreement and to continue with the standstill arrangements established under the Old Standstill Agreement until the earlier of 30 September 2004 and the date when the Parties entered into this Agreement.
Signature of Consenting Bondholder, if an individual The undersigned hereby authorises the EPL Facility Agent to attach this Creditor Restructuring Agreement Signature Page (or a photocopy hereof, which shall be valid for all purposes) to the Creditor Restructuring Agreement dated as of the date first written above, or counterparts thereof.
Capitalised words and expressions used but not defined in Schedule 1 (Definitions and Interpretation) of this Agreement shall have the meanings given to them in the Creditor Restructuring Agreement or the Old Standstill Agreement unless the context otherwise requires and the provisions of Clause 2 of Schedule 1 (Definitions and Interpretation) will apply to this Agreement.
The Borrower shall not enter into any amalgamation, demerger, merger or (other than as contemplated by the Creditor Restructuring Agreement) reconstruction but without prejudice to any ability of any other member of the Group to enter into such a transaction.