Required Consenting Bondholders definition

Required Consenting Bondholders means, on any date, the Consenting Bondholders who hold more than 50% of the aggregate holdings of all Bonds held by all Consenting Bondholders at such date; provided that Bonds held by Sanctioned Bondholders shall be disregarded in determining Required Consenting Bondholders; provided further that Bonds held by any Consenting Bondholder that takes any Enforcement Action in breach of the provisions of this Agreement shall be disregarded in determining Required Consenting Bondholders.
Required Consenting Bondholders shall have the meaning set forth in the Plan Support Agreement.
Required Consenting Bondholders means, on any date, the Consenting Bondholders who hold more than 50% of the aggregate holdings of all Bonds held by all Consenting Bondholders at such date and, in any case, shall include at least two members of the Ad Hoc Group; provided, for the avoidance of doubt, that Bonds held by Sanctioned Bondholders shall be disregarded in determining Required Consenting Bondholders; provided further that Bonds held by any Consenting Bondholder that takes any Enforcement Action in breach of the provisions of this Agreement or the Non-Russian Standstill Agreement shall be disregarded in determining Required Consenting Bondholders.

Examples of Required Consenting Bondholders in a sentence

  • Within seven days of the request of the Required Consenting Bondholders, the Borrower shall have filed a motion with the Bankruptcy Court seeking to restrict trading of Equity Interests in the Borrower to the extent necessary to preserve the value of the Borrower’s net operating losses.

  • Within seven days of the request of the Required Consenting Bondholders, the Borrower shall have filed a motion with the Bankruptcy Court seeking entry of an order rejecting the Facility Setup and Contract Manufacturing Agreement, dated October 20, 2009, between the Borrower and Eckert & Ziegler Nuclitec GmbH.

  • Other than where expressly stated otherwise, any term of this Agreement may be amended or waived only with the prior written consent of the Issuer and the Required Consenting Bondholders.

  • Trading The Borrower shall have failed to file a motion with the Bankruptcy Court, within seven days of the request of the Required Consenting Bondholders, seeking to restrict trading of Equity Interests in the Borrower.

  • The Borrower (a) shall file a motion with the Bankruptcy Court seeking approval of the E&Z Amendment no later than Xxxxx 0, 0000, (x) shall use good faith reasonable efforts to obtain entry of an order of the Bankruptcy Court approving the E&Z Amendment, and (c) if no such order is entered by April 19, 2011, the Borrower shall file a motion with the Bankruptcy Court, within seven days of the request of the Required Consenting Bondholders, seeking entry of an order rejecting the E&Z Agreement.


More Definitions of Required Consenting Bondholders

Required Consenting Bondholders means the holders of Secured Bond Claims who hold, in the aggregate, more than sixty six and two-thirds percent (66 2/3%) of the Secured Bond Claims held by the holders of Secured Bond Claims party to the Plan Support Agreement.

Related to Required Consenting Bondholders

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Required Consent has the meaning set forth in Section 4.4.

  • Required Consents shall have the meaning set forth in Section 4.5.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

  • Lender Consent means any lender consent delivered by a Lender on the Closing Date in the form of Exhibit 4.1(a).

  • Non-Consenting Bank means any Bank that does not approve any consent, waiver or amendment that (a) requires the approval of each Bank or each affected Banks in accordance with the terms of Section 10.05 and (b) has been approved by the Required Banks.

  • Non-Consenting Lenders has the meaning specified in Section 3.07(d).

  • Customary Post-Closing Consents means the consents and approvals from Governmental Authorities for the assignment of the Assets to Buyer that are customarily obtained after the assignment of properties similar to the Assets.

  • Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.

  • Consents, Clearances and Permits means all authorizations, licenses, approvals, registrations, permits, waivers, privileges, acknowledgements, agreements, or concessions required to be obtained from or provided by any concerned authority for the purpose of setting up of the generation facilities and/ or supply of power;

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • Majority in Interest of Note Holders Make-Whole Amount" or "Note Holder," or the percentage of Note Holders required to take or approve any action hereunder, (ii) reduce the amount, or change the time of payment or method of calculation of any amount, of Original Amount, Make-Whole Amount, if any, or interest with respect to any Equipment Note, or alter or modify the provisions of Article III hereof with respect to the order of priorities in which distribution thereunder shall be made as among the Note Holders, the Owner Trustee and Lessee, (iii) reduce, modify or amend any indemnities in favor of the Owner Trustee, the Mortgagee or the Note Holders (except that the Owner Trustee (in its individual capacity) or the Mortgagee, as the case may be, may consent to any waiver or reduction of an indemnity payable to it) or the other Indenture Indemnitees, (iv) consent to any change in the Trust Indenture or the Lease which would permit redemption of Equipment Notes earlier than permitted under Section 2.10 or 2.11 hereof or the purchase or exchange of the Equipment Notes other than as permitted by Section 2.13 hereof, (v) except as contemplated by the Lease or the Participation Agreement, reduce the amount or extend the time of payment of Basic Rent, Stipulated Loss Value, or Termination Value for the Aircraft in each case as set forth in the Lease, or modify, amend or supplement the Lease or consent to any assignment of the Lease, in either case releasing Lessee from its obligations in respect of the payment of Basic Rent, Stipulated Loss Value or Termination Value for the Aircraft or altering the absolute and unconditional character of the obligations of Lessee to pay Rent as set forth in Sections 3 and 16 of the Lease or (vi) permit the creation of any Lien on the Trust Indenture Estate or any part thereof other than Permitted Liens or deprive any Note Holder of the benefit of the Lien of this Trust Indenture on the Trust Indenture Estate, except as provided in connection with the exercise of remedies under Article IV hereof.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Second Lien Noteholders means the holders of Second Lien Notes.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Required Noteholders has, with respect to any Series of Notes, the meaning stated in the related Series Supplement.

  • Required Secured Creditors means (i) at any time when any Credit Document Obligations are outstanding or any Commitments under the Credit Agreement exist, the Required Lenders (or, to the extent provided in Section 13.12 of the Credit Agreement, each of the Lenders) and (ii) at any time after all of the Credit Document Obligations have been paid in full and all Commitments under the Credit Agreement have been terminated and no further Commitments may be provided thereunder, the holders of a majority of the Other Obligations.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical requirement as per Clause 2.1.2and so designated by other Member(s) in Bidding Consortium;

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Non-recourse Project Financing means any Indebtedness incurred in connection with the financing of all or part of the costs of the acquisition, construction or development of any project, provided that: (i) any Security Interest given by the Bank or the relevant Subsidiary is limited solely to assets of the project; (ii) the Person or Persons providing such financing expressly agrees to limit their recourse to the project financed and the revenues derived from such project as the principal source of repayment for the moneys advanced; and (iii) there is no other recourse to the Bank or the relevant Subsidiary in respect of any default by any Person under the financing; and

  • Non-Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Requisite Consents means all approvals, permissions and consents (whether statutory or otherwise) required from time to time from parties other than the Consultees in respect of the works or activities covered by a Proposal;

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents