Bond RSA definition
Examples of Bond RSA in a sentence
The operating lease with [Caesars Entertainment Operating Company, Inc.] (“Opco”) shall be subject to a customary subordination and non-disturbance agreement as provided in the Lease & MLSA Term Sheet Summary attached as Annex II to the Bond RSA.
Pursuant to the Plan and the agreements set forth in the Bank RSA and the Bond RSA, on the Effective Date the Cash Collateral Order shall be deemed amended to delete the requirement that the Holders of Prepetition Credit Agreement Claims and the Holders of First Lien Notes Claims shall receive payments of Available Cash remaining on the Effective Date as adequate protection.
On the Effective Date, New CEC shall pay the RSA Forbearance Fees pursuant to the Bond RSA, the Bank RSA, and the Second Lien RSA.
For the avoidance of doubt, references to the Requisite Consenting Creditors shall have the meaning set forth in the Bond RSA.
Capitalized terms not defined herein have the meanings set forth in the Bond RSA, or if not defined therein, in the Modified Plan.
Cash Advance Motion Notwithstanding Section 36 of the Bond RSA, within 5 business days after the Bond RSA has been executed by the Requisite Consenting Creditors, the Company shall file with the Bankruptcy Court, and use its best efforts to obtain approval of, a motion, in form and substance reasonably satisfactory to the Requisite Consenting Creditors, to pay the First Lien Noteholders $103.5 million as an advance on their respective cash recoveries on the Effective Date.
Such payment shall be payable as soon as reasonably practicable and no later than 5 business days after the later of (a) entry of an order approving such payment and (b) the date on which the Bond RSA has gone effective.
This Agreement may not be amended except by an instrument in writing between CEC and VoteCo and consented to by CEOC, the Requisite Consenting Creditors (as defined in the Bank RSA) if the Amended 1L Bond RSA is entered into and, to the extent relating to Section 1.1, CAC.
Material terms of the New First Lien OpCo Debt are annexed as Annex V to the Bond RSA.
For those Non-First Lien Noteholders becoming Rights Participants with respect to any series of Non-First Lien Obligations from 31 days following the Bond RSA Effective Date until 60 day days following the RSA Effective Date, for every $1 of PropCo Common Stock purchased pursuant to the Equity Rights, the Rights Participant shall also purchase $0.60 of Equity Rights Debt at par in the same order as set forth above.