Examples of D&O Charge in a sentence

The D&O Charge is proposed to rank behind the Administration Charge and before the DIP Charge.
The D&O Charge would only be available to the Directors and Officers in the event that their existing insurance policy does not provide coverage.
The Company is seeking a D&O Charge in the amount of $200,000 for any liabilities the directors and officers may incur from and after the commencement of the restructuring proceedings.
The initial cash distribution to be made to Sprott of $4,762,500 will be net of the Holdback ($1,767,500), which will be paid to the Monitor on behalf of ResidualCo to secure the following: the Administration Charge ($750,000), the D&O Charge ($650,000) and the Sales Agent’s Charge (367,500).

More Definitions of D&O Charge

D&O Charge means the D&O Charge, as defined in the CCAA Initial Order, which charge shall not exceed $31,000,000.

D&O Charge means the directors and officers’ charge on the Collateral in the amount set out in the Court Order(s) granting (or amending) the D&O Charge (which Court Orders and D&O Charge amount shall have been agreed to by the Interim Lender in advance);

D&O Charge means the charge in favour of the Directors and Officers provided for at paragraph 21 of the ARIO, securing the Company's indemnity obligations to the Directors and Officers as set forth in the ARIO.

D&O Charge means the directors' and officers' charge on the Collateral of the Borrowers in an aggregate amount not to exceed $75,000, and as provided for in the Romspen Charging Order, the ARIO and the Initial Order.

D&O Charge means the D&O Charge as defined in the Initial Order;

D&O Charge means a directors and officers liability charge in an amount not to exceed (i)$1,801,000 pursuant to the Initial Order and (ii) $2,306,000 pursuant to the Amended Order, which shall rank in priority to the KERP Charge, the FA Charge, the Senior Priority Lender Liens and the DIP Lender Charge, and behind the Administration Charge.