Stakeholder Approval Rights definition
Examples of Stakeholder Approval Rights in a sentence
Subject to Stakeholder Approval Rights, the Debtors reserve the right to modify the Plan prior to Confirmation and seek Confirmation consistent with the Bankruptcy Code and, as appropriate, not resolicit votes on such modified Plan.
Each condition to Confirmation set forth in Article IX.A and each condition to the Effective Date set forth in Article IX.B may be waived in whole or in part at any time by the Debtors, subject to Stakeholder Approval Rights, without an order of the Bankruptcy Court.
Without need for further order or authorization of the Bankruptcy Court, the Debtors or the Reorganized Debtors, as applicable, subject to Stakeholder Approval Rights, are authorized and empowered to make any and all modifications to any and all documents that are necessary to effectuate the Plan that do not materially modify the terms of such documents and are consistent with the Plan and this Confirmation Order.
Other than to the extent specifically set forth in Article IX.A, each condition to Confirmation set forth in Article IX.A and each condition to the Effective Date set forth in Article IX.B may be waived in whole or in part at any time by the Debtors, subject to Stakeholder Approval Rights, without an order of the Bankruptcy Court.
Except as set forth in Article IX.C.2, and subject to Stakeholder Approval Rights, each condition to Confirmation set forth in Article IX.A and each condition to the Effective Date set forth in Article IX.B may be waived in whole or in part at any time by the Debtors without an order of the Bankruptcy Court.
Therefore, it may be assumed that doctors, in emergency situations, should consider other restrictions in their treatments and operations, including the condition of religious legitimacy, otherwise they will have penal responsibility.