Required Consenting Equityholders definition

Required Consenting Equityholders means, as of the relevant date, Consenting Equityholders holding at least 50.01% of the aggregate outstanding amount of Existing Common Stock Interests that are held by the Consenting Equityholders.
Sample 1Sample 2
Required Consenting Equityholders means, as of the relevant date, Consenting Equityholders holding more than 50% of the aggregate Holdings Equity Interests.
Sample 1
Required Consenting Equityholders means two or more Consenting Equityholders that indirectly or directly hold or control at least 40.1 percent of the outstanding shares of common stock held by all of the Consenting Equityholders. The Company, the Consenting Noteholders, and the Consenting Equityholders, and any subsequent person or entity that becomes a party hereto in accordance with the terms hereof, are referred herein as the “Parties” and individually as a “Party.”
Sample 1

Examples of Required Consenting Equityholders in a sentence

  • On the Effective Date, the Reorganized Goodman Board shall consist of five persons and will include: (1) two directors selected by the Required Consenting Equityholders; (2) one independent director selected by the Required Consenting Equityholders from three potential directors proposed by AT&T; and (3) two independent directors selected by the Required Consenting Noteholders.

  • In the event that Executive is selected by the Required Consenting Equityholders (subject to the consent right of AT&T and in consultation with the Consenting Noteholders) to serve as either the Chief Executive Officer, the Chief Operating Officer, or the Chairman of Reorganized Xxxxxxx, then the applicable employment agreement with Reorganized Xxxxxxx shall be modified to increase severance pay from eighteen months to twenty-four months.

  • This Agreement may be terminated by mutual agreement of the Company, the Required Consenting Noteholders, and the Required Consenting Equityholders upon the receipt of written notice delivered in accordance with Section 18 hereof.

  • On the Effective Date, the officers and overall management structure of Reorganized Goodman shall be determined by the Required Consenting Equityholders, subject to the consent of AT&T, and in consultation with the Consenting Noteholders, subject to the terms and conditions set forth in the RSA.

  • Prior to the Effective Date, the Debtors may make appropriate technical adjustments to the Plan without further order or approval of the Bankruptcy Court; provided, that such technical adjustments or modifications shall be satisfactory to the Required Consenting Noteholders and subject to the Required Consenting Equityholders Consent Right.

  • Governance On the Plan Effective Date, Reorganized Xxxxxxx Board will consist of five persons, which shall include: • Two directors selected by the Required Consenting Equityholders; • One independent director selected by the Required Consenting Equityholders from three potential directors proposed by AT&T Inc.

  • Further, the Definitive Documents not executed or in a form attached to this Agreement as of the Execution Date shall otherwise be in form and substance acceptable to the Company Parties and the Required Consenting Noteholders, and solely to the extent of the Required Consenting Equityholders Consent Right, the Required Consenting Equityholders.

  • The Credit Agreement shall be amended, extended, and restated (such amended and restated credit facility, the “Amended Credit Facility”) on terms acceptable to the lenders under the Credit Agreement, the Required Consenting Noteholders, the Company, and the Required Consenting Equityholders (as defined in the RSA).

  • In the event that Xxxx Xxxxxxx or Xxxxx Xxxxxxx is selected by the Required Consenting Equityholders (subject to the consent right of AT&T and in consultation with the Consenting Noteholders) to serve as either the Chief Executive Officer, the Chief Operating Officer, or the Chairman of Reorganized Xxxxxxx, then the applicable employment agreement with Reorganized Xxxxxxx, as attached hereto as Exhibit 1, shall be modified to increase severance pay from eighteen months to twenty-four months.

  • The New PIK Preferred Stock shall have the terms set forth in the New PIK Preferred Stock term sheet attached to the Plan as Exhibit C and Exhibit A to the RSA, and such other terms as will be agreed upon by the Debtors, the Required Consenting Noteholders, and the Required Consenting Equityholders.


More Definitions of Required Consenting Equityholders

Required Consenting Equityholders has the meaning set forth in the Restructuring Support Agreement.
Sample 1
Required Consenting Equityholders means two or more Consenting Equityholders that indirectly or directly hold or control at least 40.1 percent of the outstanding shares of common stock in Goodman held by all of the Consenting Equityholders as of any date of determination in accordance with the RSA.
Sample 1
Required Consenting Equityholders means, the Consenting Equityholders holding at least a majority of the outstanding Common Stock held by the Consenting Equityholders. entitled to terminate the Restructuring Support Agreement, solely as to the Consenting Equityholders, upon written notice to the other Parties, only in the event that:
Sample 1

Related to Required Consenting Equityholders

  • 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.

  • Equityholders has the meaning set forth in the Preamble.

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

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

  • Equityholder has the meaning set forth in the Preamble.

  • After-Acquired Property means any property (other than Collateral or Excluded Property) that is acquired or otherwise owned by the Company or any Subsidiary after the Issue Date of a type that secures the Secured Obligations.

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

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

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

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

  • Closing Merger Consideration has the meaning set forth in Section 3.2(a)(ii).

  • Final Closing Indebtedness means the aggregate amount of Closing Indebtedness set forth in the Final Closing Statement.

  • Pre-Closing Straddle Period means the portion of the Straddle Period ending on the Closing Date.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Non-Lead Securitization Note Holder Representative means the “Directing Certificateholder” or equivalent Person under the Non-Lead Securitization Servicing Agreement.

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • Company Securityholders means the Company Stockholders, Company Optionholders and Company Warrantholders, collectively.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

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