Examples of Plan Term Sheet in a sentence
On and after the Effective Date, the New Valaris Holdco Board shall be authorized to institute the Management Incentive Plan consistent with the terms and conditions set forth in the Management Incentive Plan Term Sheet attached to the Restructuring Term Sheet as Exhibit 6.
This Agreement and the Plan Term Sheet are part of a proposed settlement of matters that could otherwise be the subject of litigation among the parties hereto.
Notwithstanding anything to the contrary in the Plan Term Sheet, the Plan shall have allowed the Specified Debt in an amount no less than par plus unpaid pre-petition and post-petition interest accrued at the stated non-default rate (or contract rate in the case of Class M).
The Plan Term Sheet is supplemented by the terms and conditions of this Agreement.
The Plan Term Sheet, the Lease Amendment Term Sheet, the New Moly Operating Agreement Term Sheet, and the POSCO Term Sheet (collectively, the “Term Sheets”) are expressly incorporated herein and made a part of this Agreement.