Consenting Debentureholders definition
Examples of Consenting Debentureholders in a sentence
However, the Consenting Debentureholders agree that they will vote (or cause to be voted) any such additional securities in favor of the Prepackaged Plan for so long as this Agreement remains in effect.
The agreements, representations and obligations of the Consenting Debentureholders under this Agreement are several and not joint in all respects.
If the Transaction is implemented pursuant to a Debenture Amendment, the actions necessary to structure and implement the Transaction will be completed within the following timelines: (a) the Support Agreement shall be executed between the Company and the Initial Consenting Debentureholder on or prior to March 28, 2019; and (b) the Transaction shall have been implemented on or prior to June 30, 2019 (or such other date as may be agreed by the Company and the Majority Consenting Debentureholders).
The foregoing shall not modify or limit the obligations of Consenting Debentureholders to vote their individual holdings of Debentures and take the other actions, as set forth in Section 1 hereof.
Definitive Documentation The Company and the Initial Consenting Debentureholder shall, in good faith, negotiate, execute and deliver definitive documentation necessary to implement the Transaction (including any modifications, amendments or supplements thereto) in form and substance acceptable to the Company and the Majority Consenting Debentureholders.
The Employer agrees that management rights will not be exercised in a manner inconsistent with the express provisions of the Collective Agreement.
Notwithstanding the sale of the Relevant Debentures in accordance with Section 1(c) hereof or the termination of the Consenting Debentureholders' obligations hereunder in accordance with Section 2 hereof, the agreements and obligations of the Company and FCI in Section 5 and Sections 7-11 hereof shall survive such termination and shall continue in full force and effect for the benefit of the Consenting Debentureholders in accordance with the terms hereof.
The foregoing shall not prohibit the Company or FCI from disclosing the approximate aggregate holdings of Debentures by the Consenting Debentureholders.
Equity Incentive Plans Any changes that may be made to the Company’s existing equity incentive plans concurrently with implementation of the Transaction shall be acceptable to the Company and the Majority Consenting Debentureholders.
A Consenting Debentureholder's obligations hereunder shall terminate upon the occurrence of any Agreement Termination Event, unless the occurrence of such Agreement Termination Event is waived in writing by such Consenting Debentureholder.