Restructuring Term Sheet definition

Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.

Restructuring Term Sheet means that certain term sheet attached as Exhibit B to the Restructuring Support Agreement.

Restructuring Term Sheet has the meaning set forth in the Recitals.

Examples of Restructuring Term Sheet in a sentence

• In the event of any conflict among the terms and provisions in the Restructuring Term Sheet and this Agreement, the terms and provisions of the Restructuring Term Sheet shall control.

• Other than as contained within Section 28, each reference in this Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import shall mean and be a reference to this Agreement, the Restructuring Term Sheet, and the Cash Collateral Stipulation taken as a whole.

• Nothing contained in this Section 28 shall affect, in any way, the requirements set forth herein for the amendment of this Agreement and the Restructuring Term Sheet as set forth in Section 14 herein.

• On and after the Effective Date, the New Valaris Holdco Board shall be authorized to institute the Management Incentive Plan consistent with the terms and conditions set forth in the Management Incentive Plan Term Sheet attached to the Restructuring Term Sheet as Exhibit 6.

• On the Closing Date, the First Lien Notes will be issued to each First Lien Noteholder in accordance with the Restructuring Term Sheet.

More Definitions of Restructuring Term Sheet

Restructuring Term Sheet has the meaning set forth in the recitals to this Agreement.

Restructuring Term Sheet means the term sheet attached as Exhibit A to the RSA.

Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement (as may be amended, supplemented, or otherwise modified from time to time in accordance with the terms of the Restructuring Support Agreement).

Restructuring Term Sheet means that certain Restructuring Term Sheet, dated as of March 9, 2021 (as may be amended, supplemented, or otherwise modified from time to time), which is attached as Exhibit A to the Restructuring Support Agreement.

Restructuring Term Sheet means that certain term sheet containing the material terms and provisions of the Restructuring agreed upon by the Parties hereto that are to be incorporated into the Plan and Plan Related Documents, a copy of which is attached hereto as Exhibit A.

Restructuring Term Sheet means the Restructuring Term Sheet attached as Exhibit A to the Restructuring Support Agreement, as amended by the Amended Restructuring Term Sheet attached as Exhibit A to the Amended Restructuring Support Agreement.

Restructuring Term Sheet means that certain Restructuring Term Sheet attached hereto as Annex A which sets forth the material terms and conditions of the Restructuring.