Recapitalization Support Agreement definition

Recapitalization Support Agreement means that certain Recapitalization Support Agreement, dated as of October 29, 2010, between Parent, each of Parent’s Subsidiaries party thereto, and each holder of Senior Subordinated Notes party thereto.
Recapitalization Support Agreement means the support agreement dated as of October 30, 2016, as amended by an amending agreement dated November 18, 2016 and as amended on December 14, 2016, amongst Catalyst and the Supporting Parties, pursuant to which the Supporting Parties have agreed to, among other things, vote all of the Common Shares and Notes held by the Supporting Parties in favor of the Recapitalization;
Recapitalization Support Agreement means the Recapitalization Support Agreement dated as of September 27, 2016 by and among the Borrowers and MFP Investors LLC and Franklin Mutual Advisers, LLC, as investment manager on behalf of certain funds and accounts.

Examples of Recapitalization Support Agreement in a sentence

  • Any other previous agreement among the parties with respect to the subject matter hereof (including (i) the Recapitalization Support Agreement and (ii) the Revolver Support Agreement dated as of October 27, 2016, each by and among the Borrowers and MFP Investors LLC and Franklin Mutual Advisers, LLC, as investment manager on behalf of certain funds and account) is superseded by this Agreement and the other Loan Documents.

  • The Recapitalization Support Agreement was amended on December 14, 2016 to provide that the Supporting Parties shall also vote in favour of the Privatization Transaction in addition to voting in favour of the Recapitalization.

  • The obligations of Catalyst and the Supporting Parties under the Recapitalization Support Agreement with respect to the Recapitalization are subject to the non-completion of the KGI Transaction or termination of the KGI Support Agreement.

  • The parties to the Recapitalization Support Agreement, dated July 29, 2014 (the “RSA”), shall have acknowledged that the transactions contemplated hereby constitute a “Recapitalization” under the terms of the RSA and, therefore, the RSA shall be terminated and be without further force or effect, as of the Closing Date, subject to the Company’s receipt of funds from Purchaser pursuant to Section 1.1 hereof.

  • Tax/Business Considerations The parties to the Recapitalization Support Agreement shall use good faith efforts to structure the Recapitalization and the transactions contemplated herein and in the Recapitalization Support Agreement to the maximum extent possible in a tax-efficient and cost-effective manner for the Company and Vestar.

  • The parties to the Recapitalization Support Agreement have also agreed to cooperate in structuring and negotiating an additional component of the Recapitalization (the "Going Private Component") under which Common Shares not held by the securityholder parties thereto would be exchanged for cash consideration, subject to certain conditions, including confirmation that the Going Private Component will permit the Company to cease to be a reporting issuer under applicable securities laws.

  • This Joinder (the “Joinder”) to the Recapitalization Support Agreement, dated as of July 29, 2014, by the Company, the Consenting Subordinated Noteholders thereto and Vestar (the “Agreement”), is executed and delivered by [ ] (the “Joining Party”) as of [ ], 2014 in connection with the transfer from a Consenting Subordinated Noteholder party to the Agreement to the Joining Party.

  • RISKS RELATING TO THE RECAPITALIZATIONThe consummation of the Recapitalization may not occur for a number of reasons, including as a result of a termination of the Recapitalization Support Agreement The Company will not complete the Recapitalization unless and until all conditions precedent to the Recapitalization, some of which are not under the Company's control, are satisfied or waived.

  • Privatization TransactionIn connection with the Recapitalization, the minority shareholders of Catalyst will have an opportunity to vote on a transaction pursuant to which all existing Common Shares outstanding before the Recapitalization, other than the common shares held by parties to the Recapitalization Support Agreement entered into on October 30, 2016, would be repurchased for cancellation by Catalyst for cash consideration equal to C$0.50 per Common Share (the "Privatization Transaction").

  • On October 31, 2016, Catalyst announced that it had entered into a support agreement (the "Recapitalization Support Agreement") with securityholders representing about 70% of the Company's outstanding common shares (the "Common Shares") and 87% of its 11% PIK Toggle Senior Secured Notes (the "Notes") in respect of the previously announced alternative recapitalization proposal (the "Recapitalization").


More Definitions of Recapitalization Support Agreement

Recapitalization Support Agreement means an agreement dated as of October 29, 2010, pursuant to which certain 7.75% Senior Subordinated Noteholders agree with Angiotech and certain subsidiaries thereof to complete the Transaction; and
Recapitalization Support Agreement means an agreement, dated as of the date hereof, pursuant to which certain Subordinated Noteholders agree with the Companies to complete the Recapitalization.
Recapitalization Support Agreement means that certain Recapitalization Support Agreement, dated as of September 27, 2016, by and among the Company and the Investors.

Related to Recapitalization Support Agreement

  • Transaction Support Agreement means the Transaction Support Agreement, dated May 3, 2020, among the Debtors and the other parties thereto, as it may be amended, supplemented, or modified from time to time in accordance with the terms thereof.

  • Recapitalization Agreement shall have the meaning set forth in the Recitals.

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

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

  • Spinoff means a transaction in which the Transferor Plan transfers only part of its assets and/or liabilities to the Transferee Plan. The Transferee Plan may be a New Plan that is created in the Spinoff, or it may be a preexisting plan that simply receives part of the assets and/or liabilities of the Transferor Plan.

  • Reorganization Securities has the meaning set forth in Section 6.9 hereof.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Corporate Reorganization means any change in the legal existence of any Obligor (other than a Capital Reorganization) including by way of amalgamation, merger, winding up, continuance or plan of arrangement.

  • Business Combination Agreement shall have the meaning given in the Recitals hereto.

  • Reorganization Documents means the Reorganization Agreement, this Agreement, the Tax Receivable Agreement, the Exchange Agreement, the Registration Rights Agreement, the Clear Secure Subscription Agreement and the MIP.

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Common Stock (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(g)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease, or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Common Stock shall be entitled to receive cash, securities or other property for their shares of PubCo Common Stock.

  • Plan Support Agreement means that certain Plan Support Agreement, dated as of August 9, 2015 (as amended on September 11, 2015, October 27, 2015, and November 12, 2015, and as may be amended, supplemented, or otherwise modified from time to time in accordance therewith), by and among the Debtors, the Original Plan Sponsors, the TCEH Supporting First Lien Creditors, the TCEH First Lien Agent, the TCEH Supporting Second Lien Creditors, the TCEH Committee, and certain other Entities, including all exhibits and schedules attached thereto.

  • Reorganization Transactions shall have the meaning set forth in the recitals.

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Business Combination Date means the date upon which a Business Combination is consummated.

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Reverse Split has the meaning set forth in Section 5.21.

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

  • Reorganization Event has the meaning specified in Section 5.6(b).

  • Convention support order means a support order of a tribunal of a foreign country described in section 102(e)(iv).

  • Business Combination means a merger, consolidation, statutory share exchange or similar transaction that requires the approval of the Company’s stockholders.

  • Initial Business Combination means the acquisition by the Company, whether through a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or similar type of transaction, of one or more business or entities (“Target Business” or “Target Businesses”), whose collective fair market value is equal to at least 80% of the balance in the Trust Account and resulting in ownership by the Company or the holders of IPO Shares of at least 51% of the voting equity interests of the Target Business or Businesses or all or substantially all of the assets of the Target Business or Businesses;

  • Reorganization with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA.