Backstop Purchasers definition

Backstop Purchasers means the Entities set forth on Schedule 1 to the Backstop Agreement that will backstop the Rights Offering in the proportions and amounts set forth therein pursuant to the Backstop Agreement.
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Backstop Purchasers means Brigade Capital Management LLC, Nomura Corporate Research & Asset Management, Inc., Whitebox Advisors, Senator Investment Group LP, and SEACOR Capital Corporation, each as investment manager, for and on behalf of certain funds.
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Backstop Purchasers means, collectively, Tennenbaum Capital Partners, LLC, Goldman Sachs & Co., and Anschutz Investment Company.
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Examples of Backstop Purchasers in a sentence

  • The Company acknowledges and agrees that the Backstop Purchasers are acting solely in the capacity of arm’s length contractual counterparties to the Company with respect to the Transactions (including in connection with determining the terms of the offering) and not as financial advisors or fiduciaries to, or agents of, the Company or any other person.

  • If the purchase of Common Shares and Preferred Shares by the Backstop Purchasers pursuant to this Agreement is subject to pre-acquisition notification under the merger control laws of Brazil, such notification will be submitted within the deadline as required by the laws of Brazil, so as not to materially delay the consummation of the Transactions.

  • Additionally, the Backstop Purchasers are not advising the Company or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction.

  • To the extent that the Non-Defaulting Backstop Purchasers (in the aggregate) desire to purchase more than the total number of Default Shares, such Default Shares shall be allocated between the Non-Defaulting Backstop Purchasers pro rata, based on their respective Commitment Percentages.

  • Any review by the Backstop Purchasers of the Company, the Transactions or other matters relating to the Transactions will be performed solely for the benefit of the Backstop Purchasers and shall not be on behalf of the Company.

  • Nothing contained in this Agreement shall give to the Backstop Purchasers, directly or indirectly, rights to control or direct the operations of the Company prior to the Effective Date.

  • The Backstop Purchasers shall not have any material obligation to make payments or any concessions to any third party in connection with obtaining any consents or approvals.

  • All or a portion of the Rights Offering may backstopped by the Backstop Purchasers on the terms and subject to the conditions set forth in the Backstop Agreement, if any.

  • The Company shall consult with its own advisors concerning such matters and shall be responsible for making its own independent investigation and appraisal of the Transactions, and the Backstop Purchasers shall have no responsibility or liability to the Company with respect thereto.

  • The Plan, as approved, and the Confirmation Order, as entered, in each case by the Bankruptcy Court shall be consistent with the requirements for the Plan and the Confirmation Order set forth in Section 5(b) of this Agreement, and the conditions to confirmation and the conditions to the effective date of the Plan shall have been satisfied or waived, with the Consent of the Backstop Purchasers in accordance with the Plan.


More Definitions of Backstop Purchasers

Backstop Purchasers means the parties to the Equity Commitment Agreement other than Avenue, collectively, and together with their affiliates.
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Backstop Purchasers means those certain Persons signatory to the Backstop Commitment Agreement, each of which has agreed to backstop the Offering on the terms and subject to the conditions set forth in the Backstop Commitment Agreement.
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Backstop Purchasers has the meaning specified in the first paragraph hereof.
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Backstop Purchasers means Sopris Capital Partners, LP, Berg & Berg Enterprises, LLC, Trellus Management and their respective affiliates to the extent not Loan Parties.
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Backstop Purchasers means, collectively, Txxxxxxxxx Capital Partners, LLC, Gxxxxxx Sachs & Co., and Anschutz Investment Company.
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Related to Backstop Purchasers

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Co-Investors means each of (a) the Fund and the Fund Affiliates (excluding any of their portfolio companies) and (b) the Management Group.

  • Purchasers is defined in Section 12.3.1.

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Lead Investors means collectively, BlackRock, GSO, Magnetar and, solely for purposes of Section 2.02(b), Investment Partners V (II), LLC.

  • Original Purchasers means RBC Capital Markets, LLC, Chicago, Illinois, and the other original purchasers designated by the Fiscal Officer in the Certificate of Award.

  • Placement Agents shall have the meaning set forth in the preamble.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Placement Agent means X.X. Xxxxxxxxxx & Co., LLC.

  • Investor is defined in the preamble to this Agreement.

  • Additional Purchasers means purchasers of Additional Notes.

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • Investor Parties has the meaning set forth in the Preamble.

  • Backstop Agreement has the meaning set forth in the recitals to this Agreement.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Principal Stockholders CERTAIN TRANSACTIONS," "DESCRIPTION OF SECURITIES," and "SHARES ELIGIBLE FOR FUTURE SALE" have been reviewed by such counsel, and insofar as they refer to statements of law, descriptions of statutes, licenses, rules or regulations or legal conclusions, are correct in all material respects;

  • Investors means the Initial Investors and any transferee or assignee who agrees to become bound by the provisions of this Agreement in accordance with Section 9 hereof.

  • Lead Investor means Cavalry Fund I LP.

  • Majority Investors means, as of any date, the holders of a majority of the Investor Shares outstanding on such date.

  • Equity Holders means the Stockholders and the Option Holders.

  • Purchaser Parent has the meaning set forth in the preamble to this Agreement.

  • Initial Purchasers shall have the meaning set forth in the preamble.

  • Purchaser Parties means, collectively, the Purchasers and any of their respective former, current or future directors, officers, employees, agents, general or limited partners, managers, members, stockholders, Affiliates or assignees or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, Affiliate or assignee of any of the foregoing.