Examples of Majority Consenting Lenders in a sentence
Except as otherwise provided herein or agreed to by the Debtors, the Majority Consenting Lenders, and the applicable counterparty, each assumed Executory Contract or Unexpired Lease shall include all modifications, amendments, supplements, restatements, or other agreements related thereto, and all rights related thereto, if any, including all easements, licenses, permits, rights, privileges, immunities, options, rights of first refusal, and any other interests.
The Debtors, with the consent of the Majority Consenting Lenders, reserve the right to modify the Plan in accordance with ARTICLE X hereof to the extent, if any, that Confirmation pursuant to section 1129(b) of the Bankruptcy Code requires modification, including by modifying the treatment applicable to a Class of Claims or Interests to render such Class of Claims or Interests Unimpaired to the extent permitted by the Bankruptcy Code and the Bankruptcy Rules.
Any alteration, amendment, modification or supplement to the list of Executory Contracts or Unexpired Leases identified for assumption in the Plan Supplement will be agreed to by the Majority Consenting Lenders.
The Restructuring Transactions may include one or more intercompany mergers, consolidations, amalgamations, arrangements, continuances, restructurings, conversions, dissolutions, transfers, liquidations, or other corporate transactions as may be determined by the Debtors, with the consent of the Majority Consenting Lenders, or the Reorganized Debtors, as applicable, to be necessary or appropriate.
ATLA and CLA disagree on this point, with CLA objecting that the wording of 21.9 (“substantially changed the nature and content”…abridgement”, etc.) does not apply to harmonies, whose purpose is comparative analysis of the Bible.
The members of the New Board and the officers, directors, and/or managers of each of the Reorganized Debtors will be identified in the Plan Supplement and the members of the board of directors of any subsidiary of the Reorganized Debtors shall be satisfactory to the Majority Consenting Lenders.
On the Effective Date, the Debtors, with the consent of the Majority Consenting Lenders, or the Reorganized Debtors, as applicable, may enter into the following transactions and take any actions as may be necessary or appropriate to effect a corporate restructuring of their respective businesses or a corporate restructuring of the overall corporate structure of the Reorganized Debtors, as and to the extent provided therein.
The New Organizational Documents shall be included as exhibits to the Plan Supplement and shall, among other things: (a) be in form and substance acceptable to the Debtors and Majority Consenting Lenders; and (b) authorize the issuance of the Reorganized Knight Interests.
Reorganized Knight shall continue to have a substantial presence in Lafayette, Louisiana at its present campus (or at any successor campus in Lafayette, Louisiana) and continue to use the "Knight" name in its present and any future business combinations as long as the Majority Consenting Lenders are majority equity interest holders in Reorganized Knight.
Debtors shall discharge any other existing and potential Claims against the Debtors (the “Other Claims”), including, but not limited to Claims (if any) arising out of the winding down or other disposition of Knight Resources and Knight International in each case in a manner and on terms and in such amounts acceptable to the Majority Consenting Lenders and the Debtors.