Requisite Supporting Parties definition
Examples of Requisite Supporting Parties in a sentence
Without limiting the foregoing, unless otherwise provided by the terms of a Restructuring Transaction, all such Restructuring Transactions will be deemed to occur on the Effective Date and may include one or more mergers, conversions, consolidations, restructurings, dispositions, liquidations or dissolutions, as may be determined by the Debtors or the Reorganized Debtors and the Requisite Supporting Parties to be necessary or appropriate.
This Agreement may be terminated by mutual written agreement among the Company and the Requisite Supporting Parties.
The conditions to Confirmation and the conditions to the Effective Date (other than such conditions set forth in Section VII.B.2 and Section VII.B.4) may be waived in whole or part at any time by the Debtors, with the consent of the Requisite Supporting Parties.
In determining whether any consent or approval has been given or obtained by the Requisite Supporting Parties, any then-existing Supporting Party that is in material breach of its covenants, obligations or representations under this Agreement shall be excluded from such determination.
This Agreement shall become effective and binding upon each Party upon the delivery of duly authorized and executed signature pages hereto by (a) RCS, (b) the Subsidiary Guarantors, (c) the Requisite Supporting Parties and (d) Luxor (the “Restructuring Support Effective Date”).
Subject to the restrictions on modifications set forth in section 1127 of the Bankruptcy Code and the consent of the Requisite Supporting Parties and, to the extent a modification to the Plan disproportionately affects a Supporting Party, the consent of such Supporting Party, the Debtors reserve the right to alter, amend or modify the Plan before its substantial consummation.
Any modifications, supplements or amendments of the Plan for the RCS Debtors or a related Disclosure Statement shall be in form and substance reasonably acceptable to (i) the Company, (ii) the Requisite Supporting Parties, (iii) Luxor (only as specifically set forth in Section 10 herein), (iv) to the extent relating to the First Lien Lenders and the First Lien Agent, the First Lien Agent and (v) to the extent relating to the Second Lien Lenders and the Second Lien Agent, the Second Lien Agent.
Any required filing of the Time of Sale Disclosure Package and the Prospectus pursuant to Rule 424(b) under the Securities Act has been made in accordance with such Rule.
The conditions to Confirmation and the conditions to the Effective Date (other than such conditions set forth in Section VII.B.2 and Section VII.B.4 of the Plan) may be waived in whole or part at any time by the Debtors, with the consent of the Requisite Supporting Parties.
The date of record for purposes of making an Equity Election was January 23, 2019, or such later date as agreed by the Debtors with the consent of the Requisite Supporting Parties and the Committee (each as defined in the Plan (such date, the “Equity Election Record Date”).