Description of Transaction Steps definition

Description of Transaction Steps means the description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan and as set forth in the Plan Supplement.
Description of Transaction Steps means the description of the Restructuring Transactions as set forth in the Plan Supplement.
Description of Transaction Steps means the description of the steps to be carried out to

Examples of Description of Transaction Steps in a sentence

  • To the extent provided in the Description of Transaction Steps, each Debtor, other than Reorganized Tailored, may be deemed dissolved in accordance with applicable law, without any further notice to or action, order, or approval of the Bankruptcy Court or any other Entity.

  • For administrative convenience, the holders of Credit Agreement Claims against NADL and the Other NADL Debtors and Sevan and the Other Sevan Debtors have agreed to accept participation in the Amended NADL Credit Facility and Amended Sevan Credit Facility, as applicable, in lieu of any entitlement to receive the New NADL Common Shares and New Sevan Shares and consent to the issuance of such shares to the Reorganized Debtors in accordance with the Description of Transaction Steps.

  • To the extent provided in the Description of Transaction Steps, each Debtor, other than Reorganized Neiman, may be deemed dissolved in accordance with applicable law, without any further notice to or action, order, or approval of the Bankruptcy Court or any other Entity.

  • On the Effective Date, upon cancellation of the Existing Equity Interests, Reorganized Tailored (consistent with the Description of Transaction Steps) shall issue the New Equity directly or indirectly to Holders of Claims to the extent provided in the Plan.

  • On the Effective Date, or following the entry of the Confirmation Order and prior to the Effective Date, to the extent set forth in the Description of Transaction Steps, if applicable, each of the Reorganized Debtors will file its New Organizational Documents with the applicable Secretaries of State and/or other applicable authorities in its respective state or country of incorporation if and to the extent required in accordance with the corporate laws of the respective state or country of incorporation.


More Definitions of Description of Transaction Steps

Description of Transaction Steps means a document, to be included in the Plan Supplement, which shall be in form and substance acceptable to the Debtors and the Required Consenting BrandCo Lenders, that sets forth the material components of the Restructuring Transactions and a description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan, including the reorganization of the Reorganized Debtors and the issuance of New Common Stock, the New Warrants, and the other distributions under the Plan, through the Chapter 11 Cases, the Plan, or any Definitive Documents, and the intended tax treatment of such steps.
Description of Transaction Steps means the description of the steps to be carried out to effectuate the Restructuring Transactions set forth in the Plan Supplement.
Description of Transaction Steps means the description of the Restructuring Transactions set forth in the Plan Supplement, which shall be reasonably acceptable in form and substance to the Supporting Parties.
Description of Transaction Steps means the description of the Restructuring Transactions as set forth in the Plan Supplement and, which shall be reasonably acceptable in form and substance acceptable to the Required Consenting LendersSupporting Parties.
Description of Transaction Steps means, if applicable, the description of the steps to be carried out to effectuate the Restructuring Transactions in accordance with the Plan and as set forth in the Plan Supplement, as determined by the Chapter 11 Trustee on behalf of the Debtor, the Post-Petition Lender and a Purchaser.
Description of Transaction Steps means the description of the Restructuring Transactions filed as part of the Plan Supplement.
Description of Transaction Steps means certain of the description of the Restructuring