Term Lender Group definition

Term Lender Group means that ad hoc group of holders of Term Loan Credit Facility Claims represented by the Term Lender Group Representatives.

Term Lender Group means that certain group of Holders of Term Loan Claims, Senior Secured Notes Claims, and Senior Unsecured Notes Claims represented by the Term Lender Group Advisors.

Term Lender Group means a group of one or more Lenders, other than Lenders that are Restricted Sponsor Affiliates, having or holding Term Loan Exposure and representing more than 25% of the aggregate Term Loan Exposure of all Lenders.

Examples of Term Lender Group in a sentence

• After the Confirmation Date, but before the Effective Date, the Debtors, with the consent of the Term Lender Group (not to be unreasonably withheld), may make appropriate technical adjustments and modifications to the Plan (including the Plan Supplement) without further order or approval of the Bankruptcy Court; provided, that such adjustments and modifications do not materially and adversely affect the treatment of Holders of Claims or Interests.

• As set forth in the Equity Allocation Mechanism, no Claim Holder shall be eligible to receive more than 4.99% of the outstanding Class A Common Stock unless the Debtors, in consultation with the Term Lender Group, or Reorganized Cumulus, as applicable, shall have determined that the exchange into shares of Class A Common Stock constituting more than 4.99% of the total outstanding Class A Common Stock issued would not result in a violation of FCC ownership rules or be inconsistent with the FCC Approval.

• Any objection by a counterparty to an Executory Contract or Unexpired Lease to a proposed assumption or related cure amount must be Filed, served, and actually received by the Debtors, the Term Lender Group and the U.S. Trustee at least seven (7) calendar days before the Confirmation Hearing.

• Subject to certain restrictions and requirements set forth in section 1127 of the Bankruptcy Code and Bankruptcy Rule 3019 (as well as those restrictions on modifications set forth in the Plan), the Debtors reserve the right to modify the Plan (including the Plan Supplement), without additional disclosure pursuant to section 1125 of the Bankruptcy Code prior to the Confirmation Date; provided, that any such modification shall be reasonably acceptable to the Term Lender Group.

• On the Effective Date or as soon as reasonably practicable thereafter, Allowed Intercompany Claims shall be, at the option of the Debtors or the Reorganized Debtors, as applicable, with the reasonable consent of the Term Lender Group, either (i) Reinstated as of the Effective Date, or (ii) cancelled without any distribution on account of such Intercompany Claims.

More Definitions of Term Lender Group

Term Lender Group means (i) Eaton Vance Management, (ii) Empyrean Capital Partners, LP,(iii) Glendon Capital Management LP, (iv) Oaktree Capital Management, L.P., (v) Par-Four Investment Management, LLC, (vi) Redwood Capital Management, LLC, and (vii) Westport Capital Partners LLC.

Term Lender Group means the ad hoc group of certain unaffiliated Holders of Prepetition Loan Claims represented by the Term Lender Advisors.

Term Lender Group means that certain group of holders of Company Party indebtedness represented by the Term Lender Group Advisors.

Term Lender Group means the group of Consenting Term Loan Lenders (as defined herein) represented by Xxxxxx & Xxxxxx Xxxx Xxxxxxx LLP on the date hereof, and, in each case, to the extent each such Consenting Term Loan Lender continues to hold Term Loan Claims. The “Term Lender Group Professionals” consist of Xxxxxx & Xxxxxx Xxxx Xxxxxxx LLP, FTI Consulting, Inc., Xxxxxxxx Consulting, LLC and Xxxxxx & Associates, LLC. Company Cumulus Media Inc. (“Cumulus”) on behalf of itself and certain of its subsidiaries listed on Annex A hereto (collectively with Cumulus, the “Company”). Consenting Term Loan Lenders Certain beneficial holders of, or the investment advisor or the investment manager to certain beneficial holders of, Term Loan Claims (as defined below) representing at least two-thirds of the aggregate amount of all outstanding Term Loan Claims (which shall include, for the avoidance of doubt, the Term Lender Group) (collectively, the “Consenting Term Loan Lenders”), each of whom will execute one or more restructuring support agreements (each an “RSA”) binding them to take or refrain from taking certain actions in support of the Restructuring of the Company on terms and conditions materially consistent with this Term Sheet. Consenting Shareholders Crestview Radio Investors, LLC (“Crestview”), Xxxxx X. Xxxxxx, Xx., Xxxx X. Xxxxxx, Xxxxxxx X. Xxxxxx, Xxxxx X. Xxxxxx, Xx., and DDBC, LLC (collectively, the “Xxxxxx Group Stockholders”), and any other stockholder may execute an RSA binding them to take or refrain from taking certain actions in support of the Restructuring and to preserve the value of the Company’s tax attributes on terms and conditions materially consistent with this Term Sheet. Any stockholders that have executed such an RSA shall be collectively referred to as the “Consenting Equityholders” and, together with the Company and the Consenting Term Loan Lenders, the “Restructuring Support Parties”. For the avoidance of doubt, execution of an RSA or other support for the Restructuring by Crestview, the Xxxxxx Group Stockholders, or any other existing shareholder shall not be a condition of the Restructuring.

Term Lender Group means the "Term Lender Group" as that term is defined in the Intercreditor Agreement.

Term Lender Group means (1) each Term Lender and the Agent and (2) each of their respective agents and delegates identified from time to time to effectuate this Agreement.

Term Lender Group as defined in the Waiver and Amendment.”