Initial Plan Sponsors definition

Initial Plan Sponsors means the Entities affiliated with Silver Point Capital, L.P. and KKR Credit Advisors (US) LLC that have executed and delivered counterpart signature pages to the Restructuring Support Agreement.
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Initial Plan Sponsors means Oaktree Capital Management, L.P. and the Entities affiliated therewith that have executed and delivered counterpart signature pages to the Restructuring Support Agreement, in their capacity as such.
Sample 1

Examples of Initial Plan Sponsors in a sentence

  • The Debtors shall only be required to serve this Stipulation and Order on: (a) the U.S. Trustee for the Southern District of Texas; (b) advisors to the Committee; (c) counsel to the Initial Plan Sponsors; (d) counsel to the ABL Lenders; (e) Winston & Strawn LLP, as counsel to Black Diamond; and (f) any party that has requested notice pursuant to Bankruptcy Rule 2002.

  • The Plan Administrator shall pay in Cash all reasonable and documented fees and expenses of the advisors to the Initial Plan Sponsors, DIP Lenders, ABL Agent, and ABL Lenders, in each case in accordance with the terms and conditions of any applicable agreement with the Debtors, including the DIP Credit Agreement Documents, the Restructuring Support Agreement, and the DIP Orders, without the need for application to or approval of the Bankruptcy Court.

  • The number and identities of directors or managers on the New Board shall be determined by the Initial Plan Sponsors.

  • Pursuant to section 510 of the Bankruptcy Code, and subject to the Restructuring Support Agreement and the consent of the Initial Plan Sponsors, the Plan Administrator and the Reorganized Debtors, as applicable, reserve the right to re-classify any Allowed Claim or Allowed Interest in accordance with any contractual, legal, or equitable subordination relating thereto.

  • At the election of the Initial Plan Sponsors, the New Common Stock may be subject to a stockholders’ agreement and/or the holders of New Common Stock may be provided with registration rights, in each case, on the terms and conditions that are mutually acceptable to Reorganized Quoizel and the Initial Plan Sponsors.

  • On the Effective Date, the Consulting Agreement shall be deemed to have been assigned to, and assumed by, the Wind-Down Debtors, and any modification to the Consulting Agreement shall require the prior written consent of the ABL Agent and the Initial Plan Sponsors.

  • The Exit First Lien Term Loan Facility, the Exit Second Lien Term Loan Facility, the Promissory Note, and any additional exit financing that may be obtained by Reorganized Quoizel, as determined by the Initial Plan Sponsors, and the New Organizational Documents are essential elements of the Plan, are necessary for Confirmation and Consummation of the Plan, and are critical to the overall success and feasibility of the Plan.

  • On the Effective Date, the New Board shall consist of such members appointed by the Initial Plan Sponsors.

  • Note that changes in position titles (e.g., Non-Certified Operator (NCO), Certified Fuel Handler (CFH), respectively) are consistent with proposed changes to the Byron Technical Specifications (TS) (Reference 8.2) that revise the minimum shift staffing requirements at Byron by replacing references to licensed and non-licensed operators with references to CFHs and NCOs. The term NCO is used to differentiate from CFH.

  • The Plan Administrator may resign at any time upon thirty (30) days’ written notice delivered to the Wind-Down Debtors and the Bankruptcy Court; provided that such resignation shall only become effective upon the appointment of a permanent or interim successor Plan Administrator, to be chosen by the Initial Plan Sponsors with the consent of the ABL Agent.

Related to Initial Plan Sponsors

  • Plan Sponsor has the meaning assigned to the term “plan sponsor” in Section 3(16)(B) of ERISA.

  • Non-Lead Sponsor means the Note A-2 Holder in its capacity as the sponsor with respect to the Non-Lead Securitization Note in connection with the Non-Lead Securitization.

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 8.1;

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.

  • Apprenticeship committee means those persons designated by the sponsor to act for it in the administration of the program. A committee may be “joint,” i.e., composed of an equal number of representatives of the employer(s) and of the employees represented by a bona fide collective bargaining agent(s), and is established to conduct, operate, or administer an apprenticeship program and enter into apprenticeship agreements with apprentices. A committee may be “unilateral” or “nonjoint” and shall mean a program sponsor in which a bona fide collective bargaining agent is not a participant.

  • Apprenticeship sponsor means an entity operating an apprenticeship program or an entity in whose name an apprenticeship program is being operated, which is registered with or approved by the U.S. Department of Labor, Office of Apprenticeship.

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Project Sponsor means an eligible governmental agency receiving program funds pursuant to an approved application.

  • Benefits Committee means the Employee Benefits Committee of Textron.

  • Committee Members means persons formally appointed by the Board to sit on or to chair specific committees.

  • Commercial plan means a subcontracting plan (including goals) that covers the offeror’s fiscal year and that applies to the entire production of commercial items sold by either the entire company or a portion thereof (e.g., division, plant, or product line).

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Final Plans with respect to any particular work or improvement means Plans which (i) have received final approval from all governmental authorities required to approve such Plans prior to completion of the work or improvements and (ii) contain sufficient specificity to permit the completion of the work or improvement.

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Participating Certified Nurse-Midwife means a Certified Nurse-Midwife who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Personal campaign committee means the committee appointed by a candidate to act for the candidate as provided in this chapter.

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • New Boards means, collectively: (a) the Reorganized TCEH Board; and (b) the New EFH/EFIH Board.

  • Non-Participating Certified Nurse-Midwife means a Certified Nurse-Midwife who does not have a written agreement with Blue Cross and Blue Shield of Illinois or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Managing General Partner means the managing general partner of the Merging Entity where such Merging Entity is a limited partnership.

  • Non-Participating Clinical Professional Counselor means a Clinical Professional Counselor who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Participating Clinical Professional Counselor means a Clinical Professional Counselor who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.