Third Party Releasees definition

Third Party Releasees means the Debtors, the Reorganized Debtors, and the Released Parties.

Third Party Releasees means, collectively: (a) the Prepetition Credit Agreement Lenders; (b) the Prepetition Administrative Agent; (c) the DIP Agent; (d) the DIP Lenders; (e) Holders of Unsecured Note Claims that voted to accept the Plan; (f) the non-Debtor parties to the Plan Support Agreements; (g) the Committee and the members thereof (in their capacities as such); (h) the Indenture Trustees; (i) the Canadian Information Officer; (j) the Noteholder Steering Committee; and (k) all attorneys, financial advisors, advisors, accountants, investment bankers, investment advisors, actuaries, professionals, current and former members (including ex officio members), officers, directors, employees, partners, and affiliates of each of the foregoing, each of the foregoing in their respective capacities as such.

Third Party Releasees means, collectively, all current and former First Lien Agents, all current and former Second Lien Agents, the DIP Agent, the DIP Arranger, the DIP Lenders, the First Lien Lenders, the Second Lien Lenders, Sopris, Holders of 11% Senior Note Claims, Holders of 9.625% Senior Subordinated Note Claims, the Committee and the Indenture Trustees, each in their capacities as such; provided, however, that any Holder of a Claim who votes to reject the Plan or who submits a Release Opt-Out Form opting out of the Third Party Release shall not be a Third Party Releasee.

Examples of Third Party Releasees in a sentence

• Staff should have the discretion to extend this application period to every five years.

• The Debtors’ pursuit of any such claims against the Debtor Releasees or Third Party Releasees is not in the best interest of the Debtors’ Estates’ various constituencies as the costs involved likely would outweigh any potential benefit from pursuing such Claims.

• For the avoidance of doubt, the forgoing Debtor Release, Third Party Release, and Release by Third Party Releasees shall not apply to or bind (1) any creditor or Holder of a Claim against the Debtors that opts out of the third party release by checking the box on a Ballot and returning such Ballot in accordance with the Disclosure Statement Order, and (2) any Entity that is not a creditor of the Debtors and is not obtaining a release under the Plan.

• Any Cash held in the GUC Reserve that exceeds the adjusted GUC Reserve Amount shall be transferred to the Post-Effective Date Debtor and thereafter distributed to Holders of Allowed Term Loan Claims or returned to the applicable Third Party Releasee(s) (or its or their designees) that funded the GUC Reserve Amount.

• As such, any Holders of Claims (other than Committee Members) who voted against the Plan will retain any causes of action against the Third Party Releasees.

More Definitions of Third Party Releasees

Third Party Releasees means, collectively, all current and former First Lien Agents, all current and former Second Lien Agents, the DIP Agent, the DIP Arranger, the DIP Lenders, the First Lien Lenders, the Second Lien Lenders, Sopris, Holders of 11% Senior Note Claims and Holders of 9.625% Senior Subordinated Note Claims, each in their capacities as such.

Third Party Releasees means, collectively, (a) the DIP Agent; (b) the DIP Facility Providers; (c) the Holders of Floating Rate Note Claims; (d) the Floating Rate Note Indenture Trustee; (e) the Secured Credit Facility Agent; (f) the Secured Credit Facility Lenders; and (g) with respect to each of the foregoing entities in clauses (a) through (f), such entity’s current and former affiliates, subsidiaries, managed accounts or funds, officers, directors, partners, principals, employees, agents, financial advisors, attorneys, accountants, investment bankers, consultants, representatives, management companies and officers, directors, partners, principals, employees and agents thereof, fund advisors and other professionals, in each case in their capacity as such.

Third Party Releasees means, collectively, the DIP Agent, the DIP Lenders and all participants in the DIP Claims and the DIP Credit Agreement, Sun Capital, the Secured Credit Agreement Agent, the Secured Credit Agreement Lenders, the Secured Promissory Noteholder, the Committee Members, and the 8.375% Senior Subordinated Notes Indenture Trustee, each in their capacities as such; provided, however, that any Holder of a Claim who votes to reject this Plan shall not be a Third Party Releasee. Plan of Liquidation Art. I(A)(103).

Third Party Releasees means, collectively, (a) the Debtors; (b) the Revolving Credit Facility Agent; (c) the Revolving Credit Facility Lenders; (d) the Indenture Trustee; (e) the Holders of the Senior Secured Notes; (f) the DIP Agent; (g) the DIP Lenders; and (h) with respect to each of the foregoing entities in clauses (a) through (g), such entity’s current and former affiliates, subsidiaries, managed accounts or funds, officers, directors, partners, principals, employees, agents, financial advisors, attorneys, accountants, investment bankers, consultants, representatives, management companies and officers, directors, partners, principals, employees and agents thereof, fund advisors and other professionals, in each case in their capacity as such.

Third Party Releasees means each of, and solely in its capacity as such, (i) the Debtors, the Estates, Reorganized RMH Franchise Holdings, Inc. and any other Reorganized Debtor; (ii) the Committee; (iii) the Senior Lenders; (iv) the Administrative Agent; (v) ACON; and (vi) each of the foregoing Persons’ respective officers, directors, members, employees, partners, managers, advisors, attorneys, financial advisors, investment bankers, accountants, and other professionals and representatives, and each of their direct and indirect shareholders’ and owners’ respective officers, directors, members, employees, partners, managers, advisors, attorneys, financial advisors, investment bankers, accountants, and other professionals and representatives, in their capacity as such.

Third Party Releasees means, collectively, the Debtors and the Debtor Releasees.

Third Party Releasees means the Debtor, the Reorganized Debtor and the ReleasedParties.