Required Consenting Senior Noteholders definition

Required Consenting Senior Noteholders means, as of the relevant date, the Consenting Senior Noteholders then holding greater than fifty and one-hundredth percent (50.01%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Senior Noteholders subject to the Restructuring Support Agreement as of such date.

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Required Consenting Senior Noteholders means Consenting Senior Noteholders holding at least a majority of the aggregate outstanding principal amount of the Senior Notes Claims that are held by Consenting Senior Noteholders.

Required Consenting Senior Noteholders means, as of the relevant reference date, the Consenting Senior Noteholders holding at least 50.1% of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Senior Noteholders in the aggregate as of such reference date.

Examples of Required Consenting Senior Noteholders in a sentence

The Bid Procedures may be amended, supplemented or modified with the prior written consent (which may include email from counsel) of the Required Consenting Senior Noteholders.
NewCo Governance § The form, structure and domicile of Purchaser, NewCo and the NewCo Entities shall be determined by the Required Consenting Senior Noteholders.
The Bridge Facility Collateral shall rank pari passu with the Senior Notes Collateral, as evidenced by an intercreditor agreement by and between the Senior Notes Trustee and the Bridge Facility Agent, which shall be in form and substance acceptable to AYR and the Required Consenting Senior Noteholders.
The Sale Proceeding shall be subject to the following milestones (which may be extended with the prior written consent, including by email from counsel, of the Required Consenting Senior Noteholders) (each, a “Sale Proceeding Milestone” and, collectively, the “Sale Proceeding Milestones”): a.
The Restructuring Transactions shall be implemented in accordance with the Sale Proceeding Milestones and the additional milestones set forth below (which may be extended with the prior written consent, including by email from counsel, of the Required Consenting Senior Noteholders) (the Sale Proceeding Milestones, together with the milestones set forth below, each, a “Milestone”, and, collectively, the “Milestones”): a.

More Definitions of Required Consenting Senior Noteholders

Required Consenting Senior Noteholders means, as of any date of determination, the Consenting Senior Noteholders, collectively holding at least a majority of the aggregate outstanding principal amount of all the Senior Notes held by the Consenting Senior Noteholders.

Required Consenting Senior Noteholders means, as of the relevant date, Consenting Senior Noteholders holding at least 50.01% of the aggregate outstanding principal amount of Senior Notes that are held by Consenting Senior Noteholders.

Required Consenting Senior Noteholders means those parties holding at least sixty-six and two-thirds percent (66.66%) of the Backstop Commitments as identified on Exhibit E to the RSA.

Required Consenting Senior Noteholders means, as of the relevant date, Consenting Senior Noteholders holding more than 50 percent of the aggregate outstanding principal amount of the Senior Notes that are held by Consenting Senior Noteholders and that include at least two unaffiliated Consenting Senior Noteholders (if at least two unaffiliated Consenting Senior Noteholders exist); provided that the aggregate outstanding principal amount of the Senior Notes held by Breaching Stakeholders (as defined in the Plan Support Agreement) as of any time of determination shall be excluded from the determination of the Required Consenting Senior Noteholders.

Required Consenting Senior Noteholders means as of any date of determination, Consenting Senior Noteholders who own or control as of such date at least 50.1% of aggregate principal amount of all outstanding Senior Notes owned or controlled by all Consenting Senior Noteholders.

Required Consenting Senior Noteholders. As of the date of determination, at least two (2) members of the Ad Hoc Noteholder Group that have signed the RSA holding a majority of the outstanding Senior Notes held by the Ad Hoc Group of Noteholders that have signed the RSA as of such date.

Required Consenting Senior Noteholders as defined in the Restructuring Support Agreement.