Examples of Term B-4 Lenders in a sentence
Director and officer claims related to the Xxxxxxxx Xxxxxxx are being preserved for the benefit of the Term B-4 Lenders in accordance with the terms of the Settlement Agreement.
Notwithstanding the foregoing, the amendments effected hereby shall not become effective, the obligations of the Additional U.S. Term B-4 Lenders to make Additional U.S. Term B-4 Loans will automatically terminate, if each of the conditions set forth or referred to in this Section 3 has not been satisfied at or prior to 5:00 p.m., New York City time, on May 15, 2018.
The conditions to Confirmation and Consummation set forth in this Article IX may be waived only by consent of the Debtors, the Ad Hoc Group of Term B-4 Lenders, and the Creditors’ Committee and (solely to the extent applicable) the Geoffrey Purchaser without notice, leave, or order of the Bankruptcy Court or any formal action other than proceedings to confirm or consummate the Plan.
Before or on the Effective Date, a Liquidating Trustee may be designated by the Debtors subject to the consent of the Ad Hoc Group of Term B-4 Lenders and the Creditors’ Committee, not to be unreasonably withheld, pursuant to the terms of the Liquidator Agreement for the purposes administering the Liquidating Trust.
Following the Effective Date and in the event of the resignation or removal, liquidation, dissolution, death, or incapacity of the Liquidating Trustee, the Ad Hoc Group of Term B-4 Lenders in consultation with the Creditors’ Committee shall designate another Entity to become Liquidating Trustee and such Entity will become the successor Liquidating Trustee and, without any further act, shall become fully vested with all of the rights, powers, duties, and obligations of the predecessor Liquidating Trustee.
For the avoidance of doubt, Class A5 does not include any Claims of the Term B-4 Lenders against Wayne Real Estate Parent Company, LLC.
Over the last several weeks, the members of the Post-Petition Trade Vendor Group have been trying to make the best of a very difficult situation by pursuing opportunities to engage with the Committee, the Debtors, the Term B-4 Lenders and other stakeholders.
LOX/LIN pricing was down 3% due to continuing competitive pressure.
To the extent that any Term B-4 Lenders (as defined in the Toys Delaware Plan) but not the Term B-2 Lenders or Term B-3 Lenders receive shares of TRU Kids Holdings One Inc.
The Liquidating Trustee (or other applicable Successor Entity) will cooperate with Geoffrey and the Ad Hoc Group of Term B-4 Lenders to provide Transition Services to the Geoffrey Debtors if the Ad Hoc Group of Term B-4 Lenders determine that the Geoffrey Debtors require Transition Services after the Effective Date.