Majority RID Financiers definition

Majority RID Financiers has the meaning given to it in the Restructuring Implementation Deed;
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Majority RID Financiers means those Original Financiers who, at the Restructuring Effective Time, will represent a simple majority in value of Total Admitted Commitments, as calculated by the Joint Administrators in consultation with the AHC Financial Adviser pursuant to Clause 1.4 of this Deed;
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Examples of Majority RID Financiers in a sentence

  • LTD and the Deed Administrators shall, at the request of the Majority RID Financiers or the Majority Opco Financiers, do all such acts and things necessary or desirable to give effect to the amendments effected or to be effected pursuant to this Deed.

Related to Majority RID Financiers

  • special majority means the number of votes described in §11.2 which is required to pass a special resolution;

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • absolute majority , of the Committee, means a majority of the committee members currently holding office and entitled to vote at the time (as distinct from a majority of committee members present at a committee meeting);