Debt Backstop Parties definition

Debt Backstop Parties means the Consenting Noteholders that have executed the Debt Backstop Agreement.

Examples of Debt Backstop Parties in a sentence

  • With respect to any Debt Backstop Party, such Debt Backstop Party’s percentage of the Debt Backstop Obligations as set forth opposite such Debt Backstop Party’s name under the column titled “Debt Backstop Percentage” on the Debt Backstop Allocation Schedule; provided, that nothing herein shall prohibit the consensual reallocation of such obligations among the Debt Backstop Parties.