Examples of First Xxxx Xxxx Debt in a sentence
To the extent that a holder of First Xxxx Xxxx Debt, in its capacity as such, receives Additional Bond Consideration in connection with the Restructuring, such Additional Bond Consideration shall be made available to all Consenting Creditors that are holders of First Xxxx Xxxx Claims, in their capacities as such, on the same terms and on a pro rata basis in accordance with their respective First Xxxx Xxxx Claims holdings.
The Consenting Creditors agree that, prior to the termination of this Agreement with respect to any particular Caesars Party, the Consenting Creditors shall not commence any litigation or interpose or join in any claim arising from or in any way relating to the First Xxxx Xxxx Debt against any such Caesars Party, including, without limitation, in connection with any of the Caesars Cases or the Trustee Litigation.
To the extent that a holder of First Xxxx Xxxx Debt, in its capacity as such, receives Additional Bond Consideration in connection with the Restructuring, such Additional Bond Consideration shall be made available to all Consenting Bank Creditors that are holders of First Xxxx Xxxx Claims, in their capacities as such, on the same terms and on a pro rata basis in accordance with their respective First Xxxx Xxxx Claims holdings.
For the avoidance of doubt, Consenting Second Lien Creditors entitled to receive the RSA Forbearance Fee (as defined in the First Xxxx Xxxx RSA) pursuant to the terms of the First Xxxx Xxxx RSA or the First Lien Bank RSA shall continue to be entitled on the Effective Date to any unpaid portion thereof and shall not receive the 1L RSA Forbearance Fee under this Agreement with respect to First Xxxx Xxxx Debt that is not First Lien Fee Bonds.
For the avoidance of doubt, Consenting Second Lien Creditors entitled to receive the RSA Forbearance Fee (as defined in the First Xxxx Xxxx RSA) pursuant to the terms of the First Xxxx Xxxx RSA or the First Lien Bank RSA shall continue to be entitled on the Effective Date to any unpaid portion thereof and shall not receive the 1L RSA Forbearance Fee with respect to First Xxxx Xxxx Debt that are not First Lien Fee Bonds.
The Company’s obligations to pay the First Lien Professional Fees shall not be affected or reduced by the payment of any First Lien Professional Fees by any holder of First Xxxx Xxxx Debt, irrespective of whether such holder remains a holder of First Xxxx Xxxx Debt as of the date of this Agreement or is a Consenting Creditor.
The Company’s obligations to pay the First Xxxx Xxxx Professional Fees shall not be affected or reduced by the payment of any First Xxxx Xxxx Professional Fees by any holder of First Xxxx Xxxx Debt, irrespective of whether such holder remains a holder of First Xxxx Xxxx Debt as of the date of this Agreement or is a Consenting Creditor.