Backstop Parties definition

Backstop Parties means those parties that agree to backstop the Rights Offering pursuant to the Backstop Commitment Letter, each in its respective capacity as such.
Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.
Backstop Parties means, collectively, the Senior Notes Backstop Parties and the Lender Backstop

Examples of Backstop Parties in a sentence

  • The Borrower or Required Lenders shall provide the Administrative Agent with a list of the Backstop Parties along with allocations for each such Backstop Party.


More Definitions of Backstop Parties

Backstop Parties means, collectively, those Entities or Persons that are parties to the Backstop Commitment Agreement set forth on Schedule 1 thereto, each solely in its capacity as a provider of its Backstop Commitment.
Backstop Parties means those parties that agree to backstop the Rights Offering for the Exit Senior Unsecured Notes pursuant to the Backstop Commitment Agreement, each in its respective capacity as such.
Backstop Parties means the Consenting Noteholders that are party to the Backstop Agreement.
Backstop Parties means Elliott, the members of the First Lien Ad Hoc Group or their successors or assigns (in each case, as allowed pursuant to the Backstop Commitment Agreement) that have committed to backstop the Rights Offering on the terms set forth in the Backstop Commitment Agreement, solely in their capacities as such.
Backstop Parties means those Noteholders that have entered into the Backstop Agreement (including a Backstop Consent Agreement), and a “Backstop Party” means any one of the Backstop Parties, and their permitted assignees;
Backstop Parties means certain of the Consenting Stakeholders or their successors, assigns, or Related Funds (in each case, as allowed pursuant to the Backstop Commitment Agreement) that have committed to backstop the DIP Term Facility on the terms set forth in the Backstop Commitment Letter, solely in their capacities as such.
Backstop Parties means the Noteholders that have provided the Backstop Commitment, which, for greater certainty, includes the Initial Backstop Parties and the Additional Backstop Parties.