Consenting Sponsors definition

Consenting Sponsors means, collectively: (a) Ares Corporate Opportunities Fund III, L.P.;
Consenting Sponsors means the holders of Equity Interests in Hexion Holdings LLC that are or become party to the Restructuring Support Agreement in accordance with the terms thereof.
Consenting Sponsors has the meaning set forth in the preamble to this Agreement.

Examples of Consenting Sponsors in a sentence

  • This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual written agreement among all of the following: (a) the Required Consenting Creditors; (b) the Consenting Sponsors; and (c) each Company Party.

  • Notwithstanding anything in this Agreement to the contrary, termination by the Consenting Sponsors shall constitute termination by any Affiliate of a Consenting Sponsor that holds Term Loan Credit Facility Claims or PGN Claims unless otherwise agreed to by the Consenting Sponsor.

  • This Agreement may be terminated in writing by mutual agreement of the Company Entities, the Required Consenting First Lien Noteholders, the Required Consenting 1.5L Noteholders, the Required Consenting Crossholder Noteholders and the Consenting Sponsors (a “Mutual Termination Event”).

  • Any such waiver that would, directly or indirectly, abrogate the consent rights of the Consenting Sponsors set forth in Section 2(b) of the Restructuring Support Agreement shall also require consent of the Consenting Sponsors.

  • During the Support Period, the Consenting Sponsors will not Transfer any equity of Hexion Holdings LLC if it would be reasonably expected to result in an “ownership change” of Hexion Holdings LLC for purposes of Section 382 of the Internal Revenue Code of 1986, as amended.


More Definitions of Consenting Sponsors

Consenting Sponsors means those Sponsors that are signatories to the Restructuring Support Agreement and remain parties thereto as of the Effective Date.
Consenting Sponsors means, collectively: (a) Ares Corporate Opportunities Fund III, L.P.;(b) Ares Corporate Opportunities Fund IV, L.P.; (c) CPP Investment Board USRE Inc.; and (d) the foregoing Entities’ investment funds or vehicles that directly or indirectly hold or control equity interests in the Debtors, but not including any operating portfolio company of any of the foregoing.
Consenting Sponsors means each of Audax, Crescent, Harvest, and VAP.
Consenting Sponsors means Clarity Holdco, L.P., a Delaware limited partnership, and Clarity GP, LLC, a Delaware limited liability company, in each case, solely in their respective capacities as holder of direct and indirect existing Interests in the Debtors.
Consenting Sponsors. Counsel” means Paul, Weiss, Rifkind, Wharton & Garrison LLP, as counsel to the Consenting Sponsors.
Consenting Sponsors means the Sponsors that are signatories to the RSA.
Consenting Sponsors has the meaning set forth in the Restructuring Support Agreement.