Examples of First Lien Lender Group in a sentence
All Entities seeking an award by the Bankruptcy Court of Fee Claims shall file and serve on counsel to the Debtors or the Creditors’ Committee, as applicable, the U.S. Trustee, and counsel to the First Lien Lender Group, on or before the date that is forty-five (45) days after the Effective Date, their respective final applications for allowance of compensation for services rendered and reimbursement of expenses incurred from the Commencement Date through the Effective Date.
To the extent requested by the Committee, with the consent of the First Lien Lender Group (not to be unreasonably withheld), any of the Specified Officers and Directors shall enter into an agreement prior to the Effective Date pursuant to which he will agree to cooperate with the Litigation Trust and provide reasonable assistance to the Litigation Trust until the Litigation Trust is terminated, regardless of whether he remains an officer of the Reorganized Debtors.
Objections to any Fee Claims must be filed and served on counsel to the Debtors, counsel to the First Lien Lender Group, and the requesting party no later than twenty-one (21) calendar days after the filing of the final applications for compensation or reimbursement (unless otherwise agreed by the Debtors or the Reorganized Debtors, as applicable, and the party requesting compensation of a Fee Claim).
As a condition precedent to consummation of the Global Settlement, the Creditors’ Committee, the First Lien Lender Group, the Second Lien Lender Group, and the Other Officers and Directors shall not object to the Disclosure Statement or the Plan, or take any other action that is inconsistent with or that would reasonably be expected to prevent, interfere with, delay, or impede the confirmation and consummation of the Plan or approval of the Global Settlement.
In addition, the Plan incorporates and reflects the following compromise and settlement by and among the Debtors, the First Lien Lender Group and the Ad Hoc Group of Tranche A Term Loan/ Revolving Lenders (the “ Revolving Lender Settlement”).
The Company shall promptly furnish counsel to the First Lien Lender Group with copies of any written offer relating to an Alternative Transaction.
As a condition precedent to consummation of the Global Settlement, the Creditors’ Committee and/or the First Lien Lender Group shall not object to the Disclosure Statement or the Plan, or take any other action that is inconsistent with or that would reasonably be expected to prevent, interfere with, delay, or impede the confirmation and consummation of the Plan or approval of the Global Settlement.
A committee created and selected by the Debtors, the Creditors’ Committee and the First Lien Lender Group (the “ Litigation Trust Oversight Committee”) is hereby appointed to oversee the Litigation Trust and the activities of the Litigation Trustee.
The Company shall promptly furnish counsel to the First Lien Lender Group and counsel to the Committee with copies of any written offer relating to an Alternative Transaction.
On the Effective Date, the Litigation Trust Oversight Committee shall become effective and shall consist of (i) the Original Trustee, (ii) [] (together with any successor, the “First Lien Lender Designee”), a designee appointed by the First Lien Lender Group, and (iii) [____] (together with any successor, the “UCC Designee”), a designee appointed by the Creditors’ Committee.