Required Consenting Parties definition

Required Consenting Parties means the Required Consenting Noteholders, the Consenting Sponsors, and the Debtors.
Required Consenting Parties means the Required Consenting First Lien Noteholders, the Required Consenting 1.5L Noteholders, the Required Consenting Crossholder Noteholders, the Consenting Sponsors and the Company.
Required Consenting Parties means, collectively, the Required Commitment Parties and the Bank

Examples of Required Consenting Parties in a sentence

  • The purposes of each Ownership Entity shall be to hold the Acquired Property pending sale, to complete applicable permitted construction of any such Acquired Property and to operate the Acquired Property as efficiently as possible in order to minimize financial loss to the Company and the Required Consenting Parties, and to sell the Acquired REO Property as promptly as practicable in a way designed to minimize financial loss to the Company and the Required Consenting Parties.

  • The Debtors, in consultation with the Required Consenting Parties, as applicable, shall have the exclusive authority to (i) determine, without the need for notice to or action, order, or approval of the Bankruptcy Court, that a claim subject to any Proof of Claim that is Filed is Allowed and (ii) file, settle, compromise, withdraw, or litigate to judgment any objections to Claims as permitted under this Plan.

  • Copies of fidelity bonds and insurance policies required to be maintained pursuant to this Section 12.3(f) shall be made available to the Required Consenting Parties or their respective representatives on the Closing Date (and, with respect to each Asset, on or before the applicable Servicing Transfer Date with respect thereto), and shall otherwise be made available to any of the Required Consenting Parties and their respective representative upon request.

  • The Manager may not Dispose of its interest in any Excess Working Capital Advances without the consent of each of the Required Consenting Parties.

  • The failure of the Debtors or Reorganized Debtors, as applicable, or the Required Consenting Parties or the Committee, to exercise any of the foregoing rights shall not be deemed a waiver of any other rights, and each such right shall be deemed an ongoing right, which may be asserted at any time.


More Definitions of Required Consenting Parties

Required Consenting Parties means, collectively, the Required Commitment Parties and the Bank CoCom.
Required Consenting Parties means the Required Consenting First Lien Noteholders and the Required Consenting Second Lien Noteholders.
Required Consenting Parties means, collectively: (a) the “Required Consenting Parties” as defined in the Plan Support Agreement at the time of the relevant determination; and (b) the “Requisite Commitment Parties” as defined in the Backstop Commitment Agreement at the time of the relevant determination, in the case of each of (a) and (b), each voting as a separate class (and with each class within each such class voting separately, as set forth in the Plan Support Agreement and the Backstop Commitment Agreement).
Required Consenting Parties means, as of the date such consent, direction, approval or other action is required, those Consenting Parties (a) anticipated to hold greater than 66⅔% of the New Common Stock immediately after the occurrence of the Plan Effective Date (without giving effect to the MIP), calculated in accordance with (i) the Backstop Commitment Agreement and (ii) the Restructuring Term Sheet; provided that such calculation shall disregard shares offered in the Equity Rights Offering to non-Backstop Parties; and (b) committed to provide greater than 50% of the Backstop Commitment Percentages.
Required Consenting Parties means, collectively, the Required Consenting First Lien Lenders, the Required Consenting Second Lien Lenders, and the Potter Group Entities party to the RSA from time to time.
Required Consenting Parties means each of the (a) Consenting Noteholders holding, collectively, more than 66.67% by principal face amount of all 2022 Notes held by the Consenting Noteholders as of the time of determination and (b) the Revolving Lenders holding, collectively, more than 50% by principal face amount of all Revolving Commitments held by the Revolving Lenders as of the time of determination.
Required Consenting Parties means, collectively, the Noteholders that are signatories to the Restructuring Support Agreement. 97.