D&O Charge definition

D&O Charge means the “Directors Charge” as defined in the Initial Order.
D&O Charge means the charge in favour of the Directors and Officers provided for at paragraph 21 of the ARIO, securing the Company’s indemnity obligations to the Directors and Officers as set forth in the ARIO.
D&O Charge means the charge in favour of the current Directors and current Officers provided for at paragraph 24 of the ARIO, securing the Companiesindemnity obligations to the current Directors and current Officers as set forth in the ARIO.

Examples of D&O Charge in a sentence

  • Charges” means the Administration Charge, the Interim Lenders’ Charge and the D&O Charge granted in an Order of the Honourable Justice C.

  • The D&O Charge shall have the priority as set out in paragraphs 40 and 42 herein.

  • The D&O Charge shall have the priority as set out in paragraphs 37 and 39 herein.

  • The D&O Charge shall have the priorities set out in paragraphs 27 and 29 hereof.

  • Advances Charge, as among them, shall be as follows: First – Administration Charge (to the maximum amount of $500,000); Second – D&O Charge (to the maximum amount of $2,000,000); and Third - Intercompany Advances Charge.


More Definitions of D&O Charge

D&O Charge means the charge in favour of the D&Os of the Petitioners granted pursuant to the CCAA Order;
D&O Charge means the charge in favour of the Directors and Officers of the Petitioners granted pursuant to paragraph 23 of the ARIO.
D&O Charge means a directors and officers liability charge in an amount not to exceed (i)$1,801,000 pursuant to the Initial Order and (ii) $2,306,000 pursuant to the Amended Order, which shall rank in priority to the KERP Charge, the FA Charge, the Senior Priority Lender Liens and the DIP Lender Charge, and behind the Administration Charge.
D&O Charge means the D&O Charge, as defined in the CCAA Initial Order, which charge shall not exceed $31,000,000.
D&O Charge means the charge in favour of the Directors and Officers provided for at paragraph 21 of the ARIO, securing the Company's indemnity obligations to the Directors and Officers as set forth in the ARIO.
D&O Charge means the directors and officers’ charge on the Collateral in the amount set out in the Court Order(s) granting (or amending) the D&O Charge (which Court Orders and D&O Charge amount shall have been agreed to by the Interim Lender in advance);
D&O Charge means the directors' and officers' charge on the Collateral of the Borrowers in an aggregate amount not to exceed $75,000, and as provided for in the Romspen Charging Order, the ARIO and the Initial Order.