Impaired definition
Impaired means, with respect to a Class of Claims or Interests, a Class of Claims or Interests that is impaired within the meaning of section 1124 of the Bankruptcy Code.
Impaired means, when used with reference to a Claim or Interest, a Claim or Interest that is impaired within the meaning of section 1124 of the Bankruptcy Code.
Impaired means “impaired” within the meaning of section 1124 of the Bankruptcy Code.
Examples of Impaired in a sentence
If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly.
More Definitions of Impaired
Impaired means, with respect to a Class of Claims or Interests, a Class of Claims or Interests that is not Unimpaired.
Impaired means, when used in reference to a Claim or Equity Interest, a Claim or Equity Interest that is “impaired” within the meaning of section 1124 of the Bankruptcy Code.
Impaired means, with respect to any Class of Claims or Interests, a Claim or an Interest that is not Unimpaired.
Impaired means, with respect to a Claim, Interest, or Class of Claims or Interests, “impaired” within the meaning of sections 1123(a)(4) and 1124 of the Bankruptcy Code.
Impaired means having liabilities in excess of assets;
Impaired means any Claim or Interest in an Impaired Class.
Impaired means, with respect to a Claim, Interest, or a Class of Claims or Interests, “impaired” within the meaning of such term in section 1124 of the Bankruptcy Code.