Case Milestones definition

Case Milestones means the covenants set forth on Schedule 5.15.

Case Milestones each of the case milestones listed on Schedule 1.1H. “Cases”: as defined in the recitals hereto.

Case Milestones has the meaning given thereto in Section 5.15.

Examples of Case Milestones in a sentence

• Case Milestones · Milestones acceptable, subject to ongoing discussions and agreements on other open terms.

• Upon request of the Administrative Agent (or at the direction of the Majority Lenders), the Borrower shall arrange for conference calls, which call shall occur not more frequently than once per calendar week, discussing and analyzing the DIP Budget, the DIP Budget Variance Reports, the financial condition, business operations, liquidity, business plan, contract negotiations and projections of each of the Credit Parties, the status of the Chapter 11 Cases and progress in achieving the Case Milestones.

• Borrowers shall comply with the Case Milestones on a timely basis.

• Case Milestones ●Milestones acceptable, subject to ongoing discussions and agreements on other open terms.

• Effective as of the Effective Date, the Lenders waives the Events of Default resulting from breach of Section 7.25 (Certain Case Milestones) arising from the Bankruptcy Court entering orders approving certain Consumer Brands Business Sale Transactions after December 12, 2023 (together with any Events of Default related to such breach, the “Specified Defaults”).

More Definitions of Case Milestones

Case Milestones has the meaning provided in Section 8.22.

Case Milestones means each of the following deadlines: (a) entry of the Interim Bankruptcy Court Order and the Approved Cash Management Order, each in form and substance satisfactory to the Administrative Agent, by the fifth Business Day following the Petition Date; (b) entry of the Final Bankruptcy Court Order in form and substance satisfactory to the Administrative Agent within thirty-five (35) days after the Petition Date; (c) Borrowers to file a motion to sell all or substantially all of their assets in form and substance satisfactory to the Administrative Agent within 25 days from the Petition Date; (d) entry of an order approving the bidding and sales procedures, in each case, in form and substance reasonably satisfactory to the Administrative Agent, by the earlier of (i) 20 days following the formation of a Committee and (ii) 55 days after the Petition Date; (e) holding an auction for the sale of the Borrowers’ assets by 90 days from the Petition Date; (f) entry of an order approving such sale(s) by 95 days from the Petition Date; and (g) closing of such sales by 110 days from the Petition Date.

Case Milestones means the following milestones relating to the Chapter 11 Case:

Case Milestones shall have the meaning assigned to the term “Case Milestone” under (and as defined in) the ABL DIP Credit Agreement.

Case Milestones each of the case milestones listed on Schedule 1.1F.

Case Milestones has the meaning specified therefor in Section 6.01(q)(i).

Case Milestones shall have the meaning provided in Section 9.18.