Supporting Term Loan Lenders definition

Supporting Term Loan Lenders means the Prepetition Term Loan Agent the Prepetition Term Loan Lenders party to the Restructuring Support Agreement which hold at least 66 2/3% of the Prepetition Term Loan Claims.
Supporting Term Loan Lenders means the Term Loan Lenders party to
Supporting Term Loan Lenders means a majority of the Term Loan Lenders represented by Fasken;

Examples of Supporting Term Loan Lenders in a sentence

  • On the Effective Date, Reorganized HoldCo and the Holders of Allowed Prepetition Term Loan Secured Claims and/or their designated affiliates shall (or be deemed to) enter into the Operating Agreement with respect to the New Units in substantially the form included in the Plan Supplement or in such other form as may be acceptable to the Supporting Term Loan Lenders.

  • Notwithstanding anything to the contrary in this Plan or in any order of the Court, the Payless Canada Entities may not waive satisfaction of the conditions set out in subsection 9.3(e) without the consent of the Supporting Term Loan Lenders.

  • On the Implementation Date and in accordance with the steps and sequence as set forth in the Plan Supplement, all Intercompany Claims shall be preserved or extinguished at the election of the Payless Canada Entities, with the consent of the Supporting Term Loan Lenders.

  • The Sanction Order shall be substantially in the form attached (without this Plan included as a schedule) as Schedule “B” hereto, with such amendments as the Payless Canada Entities, the Supporting Term Loan Lenders, and the Monitor may agree.

  • The Payless Canada Entities, with the consent of the Monitor and in consultation with the Supporting Term Loan Lenders, may at any time and from time to time waive the fulfillment or satisfaction, in whole or in part, of the conditions set out herein, to the extent and on such terms as such parties may agree.

  • If the conditions contained in section 9.3 are not satisfied or waived (to the extent permitted under section 9.4) by the Outside Date, unless the Payless Canada Entities, in consultation with the Monitor and in consultation with the Supporting Term Loan Lenders, agree in writing to extend such period, this Plan and the Sanction Order shall cease to have any further force or effect and will not be binding on any Person.

  • Notwithstanding anything to the contrary in this Plan or in any order of the Court, the Payless Canada Entities may not waive satisfaction of the conditions set out in subsection 9.3(f) hereof, which condition is for the exclusive benefit of, and may only be waived by, the Supporting Term Loan Lenders.

  • The CCAA Plan is the result of the Payless Canada Entities’ extensive consultation with the Monitor and various stakeholders, mostnotably the Supporting Term Loan Lenders, to determine the best available option for the Payless Canada Entities and their stakeholders.


More Definitions of Supporting Term Loan Lenders

Supporting Term Loan Lenders means the Term Loan Lenders party to the Global RSA.

Related to Supporting Term Loan Lenders

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement dated December 5, 2014 among the Company, the Revolving Borrower, Barclays Bank PLC, as administrative Agent, and the financial institutions and lenders from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time prior to the Closing Date.

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Existing Term Loan Agreement has the meaning set forth in the recitals hereto.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Refinancing Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.