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 and, in any case, shall include at least two members of the Ad Hoc Group; 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 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.

Examples of Required Consenting Bondholders in a sentence

  • 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.

  • This Agreement may be terminated by the mutual written agreement of the Issuer and the Required Consenting Bondholders.

  • 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.

  • 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.


More Definitions of Required Consenting Bondholders

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.

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 Bodies for the assignment of the Assets to Purchaser 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 the “Security Documents”, as defined in the Second Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Lien are governed.

  • Majority in Interest of Note Holders means as of a particular date of determination, the holders of a majority in aggregate unpaid Original Amount of all Equipment Notes outstanding as of such date (excluding any Equipment Notes held by Owner or any of its Affiliates (unless all Equipment Notes then outstanding shall be held by Owner or any Affiliate of Owner); provided that for the purposes of directing any action or casting any vote or giving any consent, waiver or instruction hereunder, any Note Holder of an Equipment Note or Equipment Notes may allocate, in such Note Holder’s sole discretion, any fractional portion of the principal amount of such Equipment Note or Equipment Notes in favor of or in opposition to any such action, vote, consent, waiver or instruction.

  • Required Company Stockholder Vote shall have the meaning set forth in Section 2.5.

  • Non-Conforming Plan of Reorganization means any Plan of Reorganization whose provisions are inconsistent with the provisions of this Agreement, including any plan of reorganization that purports to re-order (whether by subordination, invalidation, or otherwise) or otherwise disregard, in whole or part, the provisions of Article II (including the Lien priorities of Section 2.1), the provisions of Article IV, or the provisions of Article VI, unless such Plan of Reorganization has been accepted by the voluntary required vote of each class of ABL Claimholders and Note Claimholders.

  • 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 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”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

  • Required Noteholders means Holders of Outstanding Notes evidencing more than 66 2/3% of the principal balance of the most senior Class of Notes Outstanding.

  • 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 twenty six percent (26%) equity stake in the Project, meets the technical requirement as per Clause 2.1.2 and so designated by other Member(s) in Bidding Consortium;

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

  • 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.