New Commitment Parties definition

New Commitment Parties means Barclays and the members of the Ad Hoc Group, each of which are holders of new money commitments under the Investment Agreement that executed and delivered counterpart signatures pages to that certain Amendment, Assignment and Joinder Agreement in Respect of Investment Agreement, dated February 26, 2018, solely in their capacities as such, including any respective successors or assigns (including any transferee of a transfer made pursuant to Section 2.6(a) of the Investment Agreement), all as provided in the Investment Agreement.
Sample 1Sample 2Sample 3
New Commitment Parties means those Persons set forth in Schedule 6 attached hereto.
Sample 1Sample 2Sample 3
New Commitment Parties means each of the Ad Hoc Group Parties and Barclays;
Sample 1Sample 2

Examples of New Commitment Parties in a sentence

  • On the Effective Date, the Debtors will pay the New Commitment Party Closing Payment to the New Commitment Parties in accordance with the Investment Agreement.

  • For any Unsecured Notes held by a Commitment Party as of held as of September 12, 2017 (for the Initial Commitment Parties) or January 5, 2018 (for the New Commitment Parties) and subsequently transferred by a Commitment Party to a third party, the applicable Commitment Party shall provide to the Debtors the identity of such third party and an executed joinder in compliance with the RSA by no later than the 5 Business Days before the hearing to confirm the Amended Plan.

  • If the New Commitment Parties, in total, do not elect to purchase, pursuant to the Purchase Option, more Available Unsubscribed Equity Securities than are actually available, no adjustments to the amounts set forth in the Purchase Election Notice shall be made.

  • For the avoidance of doubt, any reference in the Investment Agreement to “Equity Commitment Party” or “Debt Commitment Party” shall hereafter be deemed to include each of the New Commitment Parties.

  • In addition, Hemen, Centerbridge, and the Select Commitment Parties will consider up to three (3) potential candidates that are recommended as the Joint Designee by the New Commitment Parties.

  • D3, and F3 on account of General Unsecured Claims held as of September 12, 2017 (with respect to the Original Commitment Parties) or January 5, 2018 (with respect to New Commitment Parties).

  • The district court found the recantation "unworthy of belief", and therefore found the trial testimony truthful.

  • NCP Payment ”) to the New Commitment Parties (or, with respect to each to each New Commitment Party, its designee), which NCP Payment shall be earned by the New Commitment Parties as of the date hereof and shall be payable to the New Commitment Parties at Closing.

  • With respect to the Joint Designee, Hemen, Centerbridge, and the Select Commitment Parties will provide the New Commitment Parties with three (3) business days advance notice of the proposed Joint Designee such that the New Commitment Parties can advise Hemen, Centerbridge and the Select Commitment Parties of any objection to such proposed Joint Designee, which objection, if any, will be taken into consideration before such proposed Joint Designee is formally designated.

  • Pursuant to the terms and conditions of the Investment Agreement, the Commitment Parties and the New Commitment Parties have agreed to purchase any Equity Rights Offering Securities not subscribed for by the other Equity Eligible Holders on the terms set forth in the Investment Agreement.

Related to New Commitment Parties

  • Commitment Parties means the “Commitment Parties” as defined in the Commitment Letter.

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.