Rollover Commitment definition

Rollover Commitment means the commitment made by a Person listed on Section 8.15(j) of the Parent Disclosure Letter (and, following the date hereof, a Person subsequently added by Parent (in its sole discretion) to Section 8.15(j) of the Parent Disclosure Letter) in such Person’s equity rollover letter to Parent, dated as of the date hereof.

Rollover Commitment means the commitment of the Rollover Commitment Parties.

Rollover Commitment of a Rollover Shareholder means the amount set out opposite such Rollover Shareholder’s name in the third column of Schedule B of this Agreement.

Examples of Rollover Commitment in a sentence

• If the aggregate principal amount of New CCH II Notes to be issued to Holders (including the Rollover Commitment Parties) electing to participate in the Exchange is less than the Target Amount, then the New CCH II Notes Commitment shall be funded up to the extent of such shortfall.

• Pursuant to the Commitment Letters, the Rollover Commitment Parties have, severally and not jointly (in the respective amounts set forth on Annex C), committed to exchange on the Effective Date an aggregate of $1.21 billion in principal amount of CCH II Notes, plus accrued but unpaid interest to the Petition Date, plus Post-Petition Interest, but excluding any call premiums or any prepayment penalties, for New CCH II Notes pursuant to the Exchange, subject to the Exchange Cutback.

• The same restrictive covenants above would apply to the other management stockholders who are delivering the Rollover Commitment but the applicable period would be the later of three years following the closing or two-years following termination of employment.

• No Holder or Rollover Commitment Party shall be entitled to receive any amounts for any call premiums or prepayment penalty with respect to the CCH II Notes.

• Each Holder of an Allowed CCH II Notes Claim that elects to exchange as set forth above or is a Rollover Commitment Party, shall receive the New CCH II Notes as set forth below in a principal amount equal to the Allowed amount of its CCH II Notes Claim plus Post-Petition Interest, subject to the Exchange Cutback set forth below.

More Definitions of Rollover Commitment

Rollover Commitment means any commitment entered into following the date hereof by any Person to contribute equity of the Company to Parent pursuant to an equity rollover agreement.

Rollover Commitment has the meaning ascribed thereto in the MD Investors Commitment Letter.

Rollover Commitment has the meaning ascribed to it in the Contribution and Exchange Agreement.

Rollover Commitment means the value of a Supporting Shareholder’s Rollover Shares that will be cancelled for no cash consideration or contributed to Parent, in either case, in exchange for Parent Shares under the Support Agreement, calculated as (a) the product of the number of Shares held by such Supporting Shareholder that will be cancelled or contributed pursuant to the Support Agreement and the Per Share Merger Consideration plus (b) the product of the number of ADSs held by such Supporting Shareholder that will be cancelled or contributed pursuant to the Support Agreement and the Per ADS Merger Consideration, as may be adjusted from time to time in accordance with the Support Agreement.

Rollover Commitment the commitment of a Lender to convert all or a portion of its Existing Loans into Loans hereunder, and “Rollover Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Rollover Commitment, if any, is set forth on Annex II, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Rollover Commitments as of the Restatement Date is $53,333,333.34.

Rollover Commitment of a Rollover Shareholder means the amount set out opposite such Rollover Shareholder’s name in the third column of S chedule B of this Agreement.

Rollover Commitment means the commitment made by a Person listed on Section 8.16(g) of the Parent Disclosure Letter in such Person's equity rollover letter, which has been executed and which is valid and binding.