Additional Bond Consideration definition

Additional Bond Consideration means any consideration provided by the Caesars Parties or their Affiliates in connection with the Restructuring or entry into this Agreement to any holder of First Lien Bond Debt, in its capacity as such, that exceeds or is superior to that contemplated under the Restructuring, including, without limitation, additional consideration, the granting of any guaranty, and/or allocation of any rights or opportunities (whether investment, commercial, management, advisory or otherwise) related to the Company or the Restructuring.
Additional Bond Consideration means any consideration provided in connection with the Restructuring by or on behalf of any of the Caesars Parties or their Affiliates after the date of this Agreement to any holder of First ▇▇▇▇ ▇▇▇▇ Debt, in its capacity as such, that exceeds or is superior to that contemplated under the Restructuring, including, without limitation, additional consideration, the granting of any guaranty, and/or allocation of any rights or opportunities (whether investment, commercial, management, advisory or otherwise).

Examples of Additional Bond Consideration in a sentence

  • To the extent that a holder of First ▇▇▇▇ ▇▇▇▇ Debt, in its capacity as such, receives Additional Bond Consideration in connection with the Restructuring, such Additional Bond Consideration shall be made available to all Consenting Creditors that are holders of First ▇▇▇▇ ▇▇▇▇ Claims, in their capacities as such, on the same terms and on a pro rata basis in accordance with their respective First ▇▇▇▇ ▇▇▇▇ Claims holdings.

  • Any Consenting Creditor that is a holder of First ▇▇▇▇ ▇▇▇▇ Claims who is not accorded such Additional Bond Consideration shall have the right to terminate this Agreement upon three (3) Business Days’ written notice to the Parties in accordance with Section 26 hereof; provided that such termination shall only be with respect to the terminating Consenting Creditor, and not with respect to any non-terminating Parties.

  • To the extent that a holder of First ▇▇▇▇ ▇▇▇▇ Debt, in its capacity as such, receives Additional Bond Consideration in connection with the Restructuring, such Additional Bond Consideration shall be made available to all Consenting Bank Creditors that are holders of First ▇▇▇▇ ▇▇▇▇ Claims, in their capacities as such, on the same terms and on a pro rata basis in accordance with their respective First ▇▇▇▇ ▇▇▇▇ Claims holdings.

  • Any Consenting Bank Creditor that is a holder of First ▇▇▇▇ ▇▇▇▇ Claims who is not accorded such Additional Bond Consideration shall have the right to terminate this Agreement upon three (3) Business Days’ written notice to the Parties in accordance with Section 26 hereof; provided that such termination shall only be with respect to the terminating Consenting Bank Creditor, and not with respect to any non-terminating Parties.

  • In addition to any other remedies available to it hereunder, any Consenting Bank Creditor that is a holder of First ▇▇▇▇ ▇▇▇▇ Claims who is not accorded such Additional Bond Consideration shall have the right to terminate this Agreement upon three (3) Business Days’ written notice to the Parties in accordance with Section 27 hereof; provided that such termination shall only be with respect to the terminating Consenting Bank Creditor, and not with respect to any non-terminating Parties.

  • Any Consenting Bank Creditor that is a holder of First ▇▇▇▇ ▇▇▇▇ Claims who is not accorded such Additional Bond Consideration shall have the right to terminate this Agreement upon three (3) Business Days’ written notice to the Parties in accordance with Section 27 hereof; provided that such termination shall only be with respect to the terminating Consenting Bank Creditor, and not with respect to any non-terminating Parties.