Examples of Lease Indenture Trustees in a sentence
For the avoidance of doubt, nothing herein shall prevent any of the Consenting PTC Holders from taking any action, or directing the Lease Indenture Trustees or Pass Through Trustee, to take any action in furtherance of implementing the Restructuring.
Treatment: On the Effective Date, the Debtors shall, in full and final satisfaction of any and all Claims that the Conemaugh Owner Lessor, the Keystone Owner Lessor, the Lease Indenture Trustees, the Pass Through Trustee, and any PTC Holder may as...
Notwithstanding anything to the contrary in this Agreement or the Term Sheet, REMA’s obligations thereunder (including with respect to the reimbursement of fees and expenses and the releases provided hereunder) in respect of the Lease Indenture Trustees and/or Pass Through Trustee shall be conditioned upon and subject to such parties’ support for and compliance with the Transaction in accordance with this Term Sheet, the RSA, and the Direction Letter.
Key/Con Owner shall receive, either directly from REMA or indirectly via the Lease Indenture Trustees, Pass Through Trustee, or Owner Lessors, the PTC Cash Consideration and beneficial ownership of the Keystone Indenture Estate and Conemaugh Indenture Estate pursuant to the Confirmation Order (including, without limitation, the 16.67% and 16.45% interests in the Keystone Plant and the Conemaugh Plant, respectively, the leases of which REMA will reject pursuant to the Plan or otherwise terminate).
In the event that negotiation does not successfully resolve the dispute, there will be a “cooling off” period of 14 days before moving to the Mediation step of the dispute resolution process.This 14 day period will start on the day that the parties determine that the dispute cannot be resolved through negotiations.
REMA and the Consenting PTC Holders agree to work in good faith and enter into any reasonably necessary ancillary agreements or arrangements, if any, to implement such transfer of the Indenture Estate at minimal cost and delay, and to provide evidence of their support of the Transaction to the Owner Lessors, the Lease Indenture Trustees, and the Pass Through Trustee, as applicable, to consent to and to implement such transfers.
Pursuant to the Confirmation Order (or otherwise, in the case of an out-of-court transaction), such interests, along with the Indenture Estate, shall be assigned to the KeyCon Owner, the Lease Indenture Trustees, or their respective designee(s).
REMA also agrees to reimburse the reasonable and documented fees and expenses of Deutsche Bank Trust Company Americas (in accordance with the Operative Documents), as Lease Indenture Trustees and Pass Through Trustee, with any then-outstanding fees and expenses to be paid on the Closing of the Transaction.
Pursuant to the Confirmation Order, REMA, the Lease Indenture Trustees, the Pass Through Trustee, or the Owner Lessors, as applicable, shall cause the PTC Cash Consideration to be distributed to the KeyCon Owner.
On the Effective Date, REMA shall pay the fees and reasonable and documented expenses of (a) the Lease Indenture Trustees, (b) the Pass Through Trustee, and (c) certain professionals and advisors to (i) PSEG, (ii) certain holders of the Pass Through Certificates, (iii) the Lease Indenture Trustees, and (iv) the Pass Through Trustee, in accordance with the terms of the applicable Restructuring Support Agreements.