Secured Notes Ad Hoc Group definition

Secured Notes Ad Hoc Group means the ad hoc group of Secured Noteholders represented by Xxxxx Xxxx & Xxxxxxxx LLP and PJT Partners LP.
Sample 1Sample 2Sample 3
Secured Notes Ad Hoc Group means the ad hoc group of Secured Noteholders represented by Davis Polk & Wardwell LLP and PJT Partners LP.
Sample 1Sample 2Sample 3

Examples of Secured Notes Ad Hoc Group in a sentence

  • On May 10, 2019, after weeks of hard-fought but constructive negotiations, the Company and the Secured Notes Ad Hoc Group entered into a Restructuring Support Agreement (the “Original Restructuring Support Agreement”).

  • Following commencement of the Chapter 11 Cases, the Debtors continued negotiations with the Secured Notes Ad Hoc Group and the Unsecured Notes Ad Hoc Group.

  • Moreover, entering into the 2019 Term Loan Facility and Original Restructuring Support Agreement with the Secured Notes Ad Hoc Group allowed the Debtors to go into chapter 11 with liquidity and an agreement for the use of cash collateral, a partner dedicated to maximizing the value of the Estates, and avoid the prospect of a first-day valuation dispute.

  • Specifically, the Debtors, the Secured Notes Ad Hoc Group, and the Unsecured Notes Ad Hoc Group negotiated and worked towards a new restructuring support agreement that would provide the Debtors with additional liquidity and exit funding, maximize recoveries to all of the Debtors’ creditors, and allow the Debtors to quickly emerge from chapter 11 on a consensual basis.

  • To fund the administration of these Chapter 11 Cases, the Secured Notes Ad Hoc Group and the Unsecured Notes Ad Hoc Group in such capacity, collectively, the “DIP Facility Lenders”) have agreed to provide a $150.0 million DIP Facility (the “Total DIP Commitment”), $37.5 million of which will be funded by the Secured Notes Ad Hoc Group and $112.5 million of which will be funded by the Unsecured Notes Ad Hoc Group.

  • With the input of those advisors, the Debtors engaged in negotiations with the Secured Notes Ad Hoc Group and the Unsecured Notes Ad Hoc Group.

  • Before entering into the Original Restructuring Support Agreement, the Company explored and entertained multiple bids for financing, including proposals for a post-petition loan (without any prepetition financing) from the Secured Notes Ad Hoc Group and pre- and post-petition financing from the Unsecured Notes Ad Hoc Group, plus two formal proposals for third-party post-petition financing.

  • III (Cayman Islands) (“BHC III”) as a co-borrower, entered into a Term Loan Credit Agreement with members of the Secured Notes Ad Hoc Group as lenders, and Ankura Trust Company, LLC as administrative agent, for a new senior secured term loan of $75 million (the “2019 Term Loan”) and BGI and BHC III borrowed the full amount thereunder on such date.

  • Subscription Rights for 100% of the Rights Offering, less any amount the Debtors and the Required Backstop Parties (as defined below) may determine to offer to any holders of Unsecured Notes Claims, Pari Passu General Unsecured Claims or Other General Unsecured Claims, shall be provided to the Secured Notes Ad Hoc Group.

  • The existing debtor-in-possession financing commitment of the Secured Notes Ad Hoc Group shall not terminate unless and until the DIP Facility has been approved by the Bankruptcy Court and funded.

Related to Secured Notes Ad Hoc Group

  • Senior Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • Senior Notes Trustee means Xxxxx Fargo Bank, National Association, together with its permitted successors and assigns.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Secured Notes The Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes.

  • Senior Unsecured Notes Indenture means the Indenture dated as of July 20, 2011 among Xxxxx Fargo Bank, National Association, as trustee, the Borrower, as issuer, and the guarantors party thereto, as the same may be amended or supplemented from time to time.

  • Senior Unsecured Notes means $2,000,000,000 in aggregate principal amount of the Borrower’s 9.000% senior notes due 2025 issued pursuant to the Senior Unsecured Notes Indenture on the Closing Date.

  • Secured Notes Indenture means the Indenture, dated as of May 29, 2013, among the Borrower, the subsidiary guarantors party thereto from time to time and Wilmington Trust, National Association, as trustee, governing the Secured Notes, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Unsecured Notes Indenture means the indenture, dated as of July 31, 2015, by and among the Borrower and Wilmington Trust, National Association, as trustee.

  • Senior Secured Notes Indenture means the indenture, dated as of the Closing Date, among the Borrower, as issuer, the guarantors party thereto and the trustee referred to therein pursuant to which the Senior Secured Notes are issued, as such indenture may be amended or supplemented from time to time.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Unsecured Notes means the Borrower’s $700,000,000 10.75% Senior Notes due 2023 issued pursuant to the Unsecured Notes Indenture dated as of July 31, 2015.

  • Subordinated Notes Indenture means that certain Subordinated Debenture Indenture between DH (f/k/a NGC Corporation) and First National Bank of Chicago, as Debenture Trustee, dated as of May 28, 1997 (as amended, restated and supplemented through the Petition Date).

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture, the Senior Secured Notes Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any security document relating to the Senior Secured Notes and/or the Senior Secured Notes Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Notes Trustee has the meaning assigned to such term in the Recitals to this Agreement.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Second Lien Notes Indenture has the meaning set forth in the recitals hereto.

  • First Lien Notes Indenture means that certain Indenture, dated as of March 15, 2019, by and among Frontier, as issuer, the subsidiary guarantors party thereto, JPMorgan Chase Bank, N.A., as collateral agent, and The Bank of New York Mellon, as trustee, as amended, supplemented, or modified from time to time.

  • Subordinated Note Indenture means the Indenture dated as of the Closing Date, among the Borrower, the guarantors party thereto and The Bank of New York, as trustee, pursuant to which the Subordinated Notes are issued, as the same may be amended, supplemented or otherwise modified from time to time to the extent permitted by Section 10.7(b).

  • Existing Notes Indentures means, collectively, the Existing Senior Notes Indentures and the Existing Senior Guaranteed Notes Indentures.

  • Senior Notes Indentures means the Senior Secured Notes Indenture and the Senior Unsecured Notes Indenture.

  • Senior Note Indentures means, collectively, the Senior Note (2020) Indenture, the Senior Note (2021) Indenture, the Senior Note (2022) Indenture and the Senior Note (2023) Indenture.

  • Note Indenture means the Note Indenture dated as of May 17, 2001, between the Note Issuer and the Note Trustee, as the same may be amended and supplemented from time to time.

  • Senior Note Indenture the Indenture entered into by Holdings, the Borrower and certain of its Subsidiaries in connection with the issuance of the Senior Notes, together with all instruments and other agreements entered into by Holdings, the Borrower or such Subsidiaries in connection therewith.