Requisite Parties definition

Requisite Parties means all parties required to amend the terms and

Requisite Parties means both the Board of Directors and the Selling Holders.

Requisite Parties means, as of any date of determination, each of the (a) Supporting Senior Secured Noteholders who collectively own or control at least a majority of the aggregate principal amount of the Senior Secured Notes owned or controlled by all of the Supporting Senior Secured Noteholders and (b) Supporting Convertible Unsecured Noteholders who collectively own or control at least a majority of the aggregate principal amount of the Convertible Unsecured Notes owned or controlled by all of the Supporting Convertible Unsecured Noteholders, provided that, (a) if the Senior Secured Notes RSA has terminated pursuant to its terms, the “Requisite Parties” shall not include the Supporting Senior Secured Noteholders and (b) if the Convertible Unsecured Notes RSA has terminated pursuant to its terms, the “Requisite Parties” shall not include the Supporting Convertible Unsecured Noteholders.

Examples of Requisite Parties in a sentence

• Stebbins delivered by the Debtors to the Requisite Parties on the date of the filing of the Plan with the Bankruptcy Court, effective as of the Effective Date, without any further action, order, or approval of the New Board or the Bankruptcy Court, as applicable.

• Also, on the Effective Date, Reorganized Visteon shall adopt, approve, and authorize change in control agreements with respect to certain of Reorganized Visteon’s officers, in the form delivered by the Debtors to the Requisite Parties on the date of the filing of the Plan with the Bankruptcy Court, without further action, order, or approval of the New Board.

• On or prior to the Effective Date, the Debtors or the Reorganized Debtors may enter into the following transactions and take any actions as may be necessary or appropriate to effect a corporate restructuring of their respective businesses or a corporate restructuring of the overall corporate structure of the Reorganized Debtors, as and to the extent provided therein, with the consent of the Requisite Parties.

• Subject to the terms of the Equity Commitment Agreement, the Debtors and the Requisite Parties may jointly waive any of the conditions to the Effective Date set forth in ARTICLE XI.A at any time without any notice to other parties in interest and without any further notice to or action, order, or approval of the Bankruptcy Court, and without any formal action other than proceeding to confirm or consummate the Plan.

• The supplement or supplements to the Plan containing certain documents relevant to the implementation of the Plan, to be filed with the Bankruptcy Court, as it may be amended prior to the Effective Date, which shall be in form and substance reasonably acceptable to the Requisite Parties.

More Definitions of Requisite Parties

Requisite Parties means the Debtors and the Requisite Backstop Parties; provided, however, that in the context of whether a Restructuring Document is acceptable (including reasonably acceptable) to the Requisite Parties, to the extent such Restructuring Document contains provisions that are (i) not addressed in this Agreement or (ii) not consistent with the terms of this Agreement, then the term “Requisite Parties” shall also include (x) the Requisite Consenting Existing Lenders to the extent (and solely to the extent) such provisions materially and adversely affect the treatment of the Credit Facility Claims under the Plan or the releases to be received by the Consenting Existing Lenders and their respective Related Parties under the Plan, (y) the Requisite Consenting Noteholders to the extent (and solely to the extent)

Requisite Parties means (x) the Board (including the affirmative vote of the Majority Preferred Directors), (y) the holders of a majority of the voting power of the then issued and outstanding Ordinary Shares and Golden Shares of the Company voting together as a single class and (z) the Majority Preferred Holders.

Requisite Parties shall have the meaning set forth in Section 4.3.

Requisite Parties means the Debtors and the Requisite Consenting Lenders. (bbb) “Restructuring Documents” means all agreements, instruments, pleadings, orders, forms and other documents (including all exhibits, schedules, supplements, appendices, annexes, instructions and attachments thereto) that are utilized to implement or effectuate this Agreement, the Plan and/or the Restructuring, including, but not limited to, (i) the Bidding Procedures, the Bidding Procedures Motion and the Bidding Procedures Order, (ii) the Plan and the Plan Supplement, (iii) the Disclosure Statement and any motion seeking the approval thereof and related Solicitation materials, (iv) the Disclosure Statement Order, (v) the Confirmation Order,

Requisite Parties means, collectively, the Company and the holders of at least 60% of the Registrable Securities, other than the Series I-1 Preferred Stock and Non-Voting Common Stock issued upon conversion thereof, then outstanding (voting together as a single class on an as-converted basis and with the Series B-1 Preferred Stock being treated as not subject to the Regulatory Voting Restriction for this purpose).

Requisite Parties means i) the Director of Ohio EPA, ii) each person who signed the Environmental Covenant (unless the person waived in a signed record the right to consent or unless a court finds that the person no longer exists or cannot be located or identified with the exercise of reasonable diligence), iii) each person holding a recorded interest in the Property, and iv) any other party pursuant to ORC § 5301.90 or other applicable law.

Requisite Parties has the meaning set forth in Section 3.1(e)(ii)(A) hereof.