Crossover Group definition

Crossover Group means that certain ad hoc group of certain Holders of First Lien Senior Secured Notes Claims and Second Lien Term Loan Claims represented by the Crossover Group Advisors.
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Crossover Group means that certain ad hoc group comprising certain unaffiliated Consenting First Lien Creditors and Consenting Second Lien Creditors represented by Akin Gump and Houlihan Lokey and listed on the signature pages to the Restructuring Support Agreement.
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Crossover Group means, collectively, the holders of, or investment advisors, sub-advisors, or managers of holders of, the First Lien Term Loans, Second Lien Term Loans, Second Lien Notes, and Unsecured Notes represented by Xxxx Xxxxxxxx LLP and PJT Partners LP.
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Examples of Crossover Group in a sentence

  • For the avoidance of doubt the obligation to pay such fees and expenses shall be included in the orders approving the DIP Facility and the Plan shall provide that any fees and expenses of the Crossover Group Representatives unpaid as of the Plan Effective Date shall be paid on the Plan Effective Date.

  • Crossover Group Representatives Fees and Expenses The Debtors shall pay all reasonable and documented fees and expenses of the Crossover Group Representatives, in each case in accordance with the terms of their applicable engagement letters.

  • Xxxxxx E-mail Address: xxxxxx.xxxxxx@xx.xxx If to any member of the Ad Hoc Crossover Group or Backstop Parties, to the address set forth beneath such lender’s signature block, with a copy to: Akin Gump Xxxxxxx Xxxxx & Xxxx LLP One Bryant Park Bank of America Xxxxx Xxx Xxxx, XX 00000-0000 Attn: Xxxxxxx Xxxxxx E-mail Address: xxxxxxx@xxxxxxxx.xxx; Akin Gump Xxxxxxx Xxxxx & Xxxx LLP Xxxxxx X.


More Definitions of Crossover Group

Crossover Group means the ad hoc group of crossover holders of First Lien Notes and Unsecured Notes represented by Davis Polk & Wardwell LLP, Haynes and Boone, LLP, and Houlihan Lokey Capital Inc.
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Crossover Group means that ad hoc group of holders of Credit Agreement Claims and Notes Claims represented by the Crossover Group Representatives.
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Crossover Group means that certain ad hoc group of holders of First Lien Senior Secured Notes Claims and Second Lien Term Loan Claims (each as defined below), represented by Xxxxxxxx & Xxxxxxxx LLC, as counsel, and Xxxxxxxx Xxxxx, Inc., as financial advisor. Management Incentive Plan The Plan will provide for the establishment of a customary management equity incentive plan (the “Management Incentive Plan”), designed, implemented, and determined by New Board, under which no less than 10% of the New Common Stock outstanding on the Effective Date (on a fully diluted and fully distributed basis, treating the Management Incentive Plan as fully allocated) will be reserved for grants made from time to time to the management or officers of Reorganized LCI. The Plan will provide that grants of at least 30% of the New Common Stock reserved under the Management Incentive Plan will be allocated within 60 days of the Plan Effective Date. The Consenting Stakeholders further agree that the employment agreement for the Debtors’ CEO shall be amended on the Plan Effective Date to provide the Debtors’ CEO with the right to leave for “good reason” pursuant to the terms of such agreement in the event the terms and conditions (including allocation) of the award to the Debtors’ CEO under the MIP are not reasonably acceptable to the Debtors’ CEO. The Consenting Stakeholders further agree that the employment agreements for the Named Executive Officers shall be amended on the Plan Effective Date to provide the Named Executive Officers with the right to leave for “good reason” pursuant to the terms of such agreements, in which case they will be entitled to 75% of their applicable severance, in the event the award to such Named Executive Officer under the Management Incentive Plan (i) is not on substantially similar terms and conditions (but not allocation) as the award reasonably acceptable to the Debtors’ CEO or (ii) provides for an allocation to such Named Executive Officer that is materially less than the award that the Debtors’ CEO reasonably recommended to the New Board in writing. Indemnification Obligations The Plan will provide for the assumption of all indemnification provisions currently in place (whether in the by-laws, certificates of incorporation, board resolutions, indemnification agreements, or employment contracts) for the current and former directors, managers, and officers of the Company and any affiliates, which assumption shall be irrevocable and shall survive the Plan Effecti...
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Crossover Group means the ad hoc group of crossover holders of First Lien Notes and Unsecured Notes represented by Xxxxx Xxxx & Xxxxxxxx LLP, Xxxxxx and Xxxxx, LLP, and Xxxxxxxx Xxxxx Capital Inc.
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Crossover Group or groups (as described in the definition of the Class A-S Crossover Amount), and will be added to the amounts distributable as principal on the Class A Certificates related to the "loss group" (as described in the definition of the Class A-S Crossover Amount); provided that if the losses described in clause (A) (1) of the definition of Class A-S Crossover Amount were allocated to two Class A-S Components, then the Class A-S Crossover Amount will be subtracted on a pro rata basis from the amounts distributable as principal on the Class A Certificates related to the two crossover groups, allocated in proportion to the respective amounts of the losses so allocated to each of those Class A-S Components.
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Crossover Group means the ad hoc group of crossover holders of First Lien Notes and Unsecured Notes represented by Davis Polk & Wardwell LLP, Haynes and Boone, LLP, and Houlihan Lokey Capital Inc.
Sample 1

Related to Crossover Group

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • Top Paid Group means the top 20 percent of Employees who performed services for the Employer during the applicable year, ranked according to the amount of "415 Compensation" (determined for this purpose in accordance with Section 1.26) received from the Employer during such year. All Affiliated Employers shall be taken into account as a single employer, and Leased Employees within the meaning of Code Sections 414(n)(2) and 414(o)(2) shall be considered Employees unless such Leased Employees are covered by a plan described in Code Section 414(n)(5) and are not covered in any qualified plan maintained by the Employer. Employees who are non-resident aliens and who received no earned income (within the meaning of Code Section 911(d)(2)) from the Employer constituting United States source income within the meaning of Code Section 861(a)(3) shall not be treated as Employees. Additionally, for the purpose of determining the number of active Employees in any year, the following additional Employees shall also be excluded; however, such Employees shall still be considered for the purpose of identifying the particular Employees in the Top Paid Group:

  • User Group means (a) you; (b) any entity or individual that Stripe reasonably determines is associated with you; and (c) each of your and their Affiliates; that has entered into an agreement with Stripe (or an Affiliate of Stripe) under which Stripe or its Affiliate provides services.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Management Group means the group consisting of the directors, executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as the case may be, on the Issue Date together with (1) any new directors whose election by such boards of directors or whose nomination for election by the shareholders of the Issuer or any direct or indirect parent of the Issuer, as applicable, was approved by a vote of a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable, then still in office who were either directors on the Issue Date or whose election or nomination was previously so approved and (2) executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as applicable, hired at a time when the directors on the Issue Date together with the directors so approved constituted a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable.

  • Group the Company and its subsidiaries

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Sponsor Group means the Sponsors and the Sponsor Related Parties.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Non-Participating Home Infusion Therapy Provider means a Home Infusion Therapy Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;

  • Comparator Group is defined as the following nine U.S. based carriers including, AirTran Airways, Inc., Alaska Air Group, Inc., AMR Corporation, Continental Airlines, Inc., Delta Air Lines Inc., JetBlue Airways Corporation, Southwest Airlines Co., US Airways Group, Inc. and UAL Corporation.

  • Minority Group means any of the following racial or ethnic groups:

  • Provider Group means a medical group, independent

  • Participating Home Infusion Therapy Provider means a Home Infusion Therapy Provider who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Deep poverty pocket means a population census tract having a

  • Performing Non-Cash Pay Mezzanine Investments means Performing Mezzanine Investments other than Performing Cash Pay Mezzanine Investments.

  • Advisory Group means the environmental flows

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.