Mirada Settlement Agreement definition

Mirada Settlement Agreement means that certain Settlement and Mutual Release Agreement, dated as of September 28, 2020, by and between certain of the Debtors and their Affiliates and Mirada, which shall be included in the Plan Supplement.

Examples of Mirada Settlement Agreement in a sentence

  • On the Effective Date, the Mirada Settlement Agreement shall be approved in its entirety.

  • As set forth in the Mirada Settlement Agreement, on the Effective Date, the Debtors shall (i) pay the sum of $20,000,000.00 for the benefit of certain Mirada related parties and (ii) on or before the 180th day after the date the payment in preceding clause (i) is due, pay the sum of $22,750,000.00 for the benefit of certain Mirada related parties, in each case on the terms set forth in the Mirada Settlement Agreement.

  • The Mirada Settlement Agreement is appropriate in light of the facts and circumstances, is in the best interests of, and confers material benefits on, the Debtors, the Debtors’ Estates, and the Holders of Claims and Interests.

  • Further, the failure to implement the Mirada Settlement Agreement would impair the Debtors’ ability to confirm and implement the Plan.

  • In accordance with section 1123(b)(3)(A) of the Bankruptcy Code and Bankruptcy Rule 9019 and in consideration for the distributions and other benefits provided pursuant to the Mirada Settlement Agreement, the provisions of the Mirada Settlement Agreement constitute a good faith compromise and settlement and achieve a beneficial and efficient resolution of the Chapter 11 Cases for all parties in interest.

  • Accordingly, this Confirmation Order shall constitute the Court’s approval of the Mirada Settlement Agreement as well as a finding by the Court that the Mirada Settlement Agreement is in the best interests of the Debtors, their Estates, and the Holders of Claims and Interests and are fair, equitable, and reasonable.71.

  • The Mirada Settlement Agreement attached to the Plan Supplement as Exhibit H is hereby approved pursuant to section 1123 of the BankruptcyCode and Bankruptcy Rule 9019.

  • The Debtors or the Reorganized Debtors are authorized and ordered to implement and consummate the Mirada Settlement Agreement and are authorized to execute and deliver all necessary documents or agreements required to perform their obligations thereunder.

  • Pursuant to the Plan, in exchange for full and final satisfaction, compromise, settlement, release, and discharge of Allowed Notes Claims and Allowed Mirada Claims, each holder thereof will receive New Common Stock; provided that the treatment of the Mirada Claims may instead be governed by the Mirada Settlement Agreement, in which case the tax consequences for a holder of a Mirada Claim may differ materially from those described herein.

  • The Mirada Settlement Agreement attached to the Plan Supplement as Exhibit H is hereby approved pursuant to section 1123 of the Bankruptcy Code and Bankruptcy Rule 9019.

Related to Mirada Settlement Agreement

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.

  • Settlement Agreement means this agreement, including the recitals and schedules.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Put Option Agreement has the meaning provided for in the Recitals.

  • Viatical settlement contract or “contract” means a written agreement entered into between a provider and a viator in which the provider will pay consideration that is less than the expected death benefit of the viator's policy in return for the viator's assignment, transfer, sale, devise, or bequest of the death benefit or ownership of the policy to the provider.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled.

  • Exchange Agreement has the meaning set forth in the Recitals.

  • Placement Agreement means the Placement Agreement relating to the offering and sale of Capital Securities in the form of Exhibit C.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Alternative Acquisition Agreement has the meaning set forth in Section 5.3(d).

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Call-Off Agreement means a legally binding agreement (entered into pursuant to the provisions of the Framework Agreement) for the provision of the Goods and/or Services made between a Contracting Body and the Supplier pursuant to Framework Schedule 5 (Call Off Procedure);

  • Acquisition Agreement as defined in the recitals hereto.

  • Restructuring Support Agreement has the meaning set forth in the Recitals.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Sale and Purchase Agreement means all the agreements entered into from time to time (whether before, on or after the date of this Agreement) by the Borrower for the sale of the Units and shall include any one or more or all of the Sale and Purchase Agreements.

  • Payment Agreement means a written agreement which provides