Examples of Noteholder Plan Proponents in a sentence
Council member Trowbridge made a motion to approve the agreement, with the correction, and the costs associated with the installation of the individual water meters at Lakeside Estates.
The Noteholder Plan Proponents request Confirmation of the Plan under section 1129(b) with respect to any Impaired Class that does not accept the Plan or that is conclusively deemed to have rejected the Plan pursuant to section 1126 of the Bankruptcy Code.
Subject to certain restrictions and requirements set forth in section 1127 of the Bankruptcy Code and Bankruptcy Rule 3019 and those restrictions on modification set forth in this Plan, the Noteholder Plan Proponents expressly reserve their rights to revoke or withdraw, or to alter, amend or modify materially this Plan with respect one or more Debtors, one or more times, after the Confirmation Date.
The Noteholder Plan Proponents have had discussions with the City of Detroit and intend to enter into negotiations with the City of Detroit to reach a similar settlement.
There is no guarantee that the Noteholder Plan Proponents will reach a settlement with the City of Detroit.
The Noteholder Plan Proponents and the Debtors are authorized to file replies or responses to any objections by no later than 5:00 p.m. (Eastern Standard Time) on January 11, 2010.
The procedures for solicitation of votes to accept or reject the Noteholder Plan as described in the Motion are hereby APPROVED; provided, that the Noteholder Plan Proponents may request supplementation or amendments to these procedures to further facilitate the Noteholder Plan solicitation process.
The Debtors are required to accept the Noteholder Plan under the terms of the Stipulation and Agreement entered into by the Debtors, Noteholder Plan Proponents, Merrill Lynch Capital Corporation, as DIP Agent and Pre-petition Agent; and that certain ad hoc group of secured lenders represented by Bracewell & Giuliani LLP (collectively, the “ StipulatingParties”) approved by this Court on November 19, 2009 [Docket No. 1869].
Except as expressly provided in the Letter Agreement or the Stipulation, the Noteholder Plan Proponents reserve the right to revoke or withdraw this Plan prior to the Confirmation Date and to File subsequent Chapter 11 plans.
No further liability shall attach to any of the Noteholder Plan Proponents, the Rights Offering Agent, or the Debtors.