Emergence Transactions definition

Emergence Transactions means all transactions arising out of the Reorganization Plan and emergence from Chapter 11, including, but not limited to, Exit Financing.

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Emergence Transactions means the consummation of the transactions contemplated by the Plan of Reorganization and emergence from Chapter 11 Cases on the Effective Date (as defined in the Plan of Reorganization) including, without limitation, the issuance of the Securities, the consummation of the transactions contemplated by the Asset Purchase Agreement and the payment of any fees and expenses related to any of the foregoing.

Emergence Transactions mean the various transactions set forth in the Reorganization Plan entered into by the Borrower and certain of its affiliates in connection with the Emergence Date and substantial consummation of the Reorganization Plan.

Examples of Emergence Transactions in a sentence

The consummation of the Emergence Transactions will not give rise to any right of termination or right of renegotiation on the part of any union under any collective bargaining agreement to which the Borrower or any Subsidiary is bound, except for such rights of termination or renegotiation, which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
The proceeds of the Revolving Loans on the Effective Date will be used to pay upfront fees, original issue discount and other fees and expenses incurred in connection with the Emergence Transactions in an amount not to exceed $10.0 million.
The Emergence Transactions entered into and to be entered into by each Loan Party are within such Loan Party’s corporate powers and have been duly authorized by all necessary corporate and, if required, stockholder action.
Corporate Counsel for the Borrower, in the case of each such opinion required by this paragraph, covering such matters relating to the Loan Parties, the Loan Documents and the Emergence Transactions as the Administrative Agent or the Required Lenders shall reasonably request and reasonably satisfactory in form and substance to the Administrative Agent.
After giving effect to the Emergence Transactions, on the Closing Date (i) 10,000,000 membership interests of the Guarantor (the "New Common Equity") will be issued and outstanding and (ii) 1,000 shares of common stock of the Borrower will be issued and outstanding, and each will be owned by such persons and to such extent as set forth on Schedule 3.08(a).

More Definitions of Emergence Transactions

Emergence Transactions means all transactions and agreements arising out of the Plan of Reorganization and emergence from Chapter 11, including, but not limited to, the Exit Financing.

Emergence Transactions means the following transactions, as more particularly described in the Plan of Reorganization and the Disclosure Statement:

Emergence Transactions means, collectively, (a) the consummation of the Reorganization Plan and the other transactions contemplated by the Confirmation Order to be consummated on the Effective Date, (b) the entering into by the Loan Parties of the documents related to the Exit Financing to which they are or are intended to be a party, and the borrowings hereunder and thereunder on the Effective Date and application of the proceeds as contemplated hereby and thereby, (c) the repayment or satisfaction in full and termination of all Indebtedness required by the Reorganization Plan to be repaid or satisfied and canceled on the Effective Date and (d) the payment of the fees and expenses incurred in connection with the consummation of the foregoing that are required to be paid on the Effective Date.

Emergence Transactions means the financing obtained pursuant to the Exit ABL, the Term Loan Credit Agreement and the Holdings LLC Agreement, the consummation of the Closing Date Refinancing (as defined in the Exit ABL, as in effect immediately prior to the consummation of the Transactions), the consummation of the Plan of Reorganization, the issuance by Holdings of the Holdings Preferred Units, the transactions related to the foregoing or arising therefrom, including the Emergence Restructuring Transactions (as defined in the Exit ABL, as in effect immediately prior to the consummation of the Transactions), and the payment of fees, commission and expenses associated therewith.

Emergence Transactions means the transactions occurring pursuant to the Plan of Reorganization and the Confirmation Order.

Emergence Transactions means all transactions and agreements arising out of the Plan of Reorganization and emergence from Chapter 11 Cases including, without limitation, the issuance of the Notes and the borrowings under the ABL Facility and the First Lien Term Facility as in effect on the Emergence Date and any fees and expenses related to any of the foregoing.

Emergence Transactions means the various transactions set forth in the Plan of Reorganization entered into by the Company and its affiliates in connection with the Emergence Date and substantial consummation of the Plan of Reorganization, including without limitation, the various corporate restructuring transactions outlined in the Plan of Reorganization (other than the contribution of MET to the Company which shall occur no later than 60 days after the Emergence Date), the issuance of the Securities, borrowing made under the Senior Secured Credit Agreement on the Emergence Date and the application of a portion of the proceeds of such financings in accordance with such Plan of Reorganization.