Plan Sponsor Agreement definition

Plan Sponsor Agreement means that certain Plan Sponsor Agreement, dated as of October 18, 2013, between the Purchaser Parties, EME, the Debtor Subsidiaries, the PoJo Parties, the Committee, and the Supporting Noteholders.

Plan Sponsor Agreement means that certain Plan Sponsor Agreement by and among the Debtors and the Plan Sponsor, dated as of September 8, 2015, as may be amended, supplemented, restated, or otherwise modified from time to time in accordance with the terms therewith.

Plan Sponsor Agreement shall have the meaning specified in the Chapter 11 Plan.

Examples of Plan Sponsor Agreement in a sentence

• On and after the Effective Date, the appropriate officers of the Reorganized Debtor and members of the boards of directors or managers of the Reorganized Debtor shall be authorized and directed to issue, execute and deliver the agreements, documents, securities and instruments contemplated by the Plan and the Plan Sponsor Agreement in the name of and on behalf of the Reorganized Debtor.

• All matters provided for in the Plan and the Plan Sponsor Agreement involving the corporate structure of the Debtor or the Reorganized Debtor, and any corporate action required by the Debtor or the Reorganized Debtor in connection with the Plan and the Plan Sponsor Agreement, shall be deemed to have timely occurred in accordance with applicable law and shall be in effect, without any requirement of further action by the security holders or directors of the Debtor or the Reorganized Debtor.

• During the period from the Confirmation Date through and until the Effective Date, the Debtor may continue to operate its business as debtor in possession in the ordinary course in a manner consistent with its obligations under the Plan Sponsor Agreement and the transactions contemplated by the Plan and the Plan Sponsor Agreement, subject to all applicable orders of the Bankruptcy Court and the provisions of the Bankruptcy Code.

• On or prior to the seventh day after the Effective Date, HCR III and the Lessors shall terminate, release and discharge the Guaranty pursuant to the Plan Sponsor Agreement.

• On the Effective Date, (a) the selection of directors and officers for Reorganized Debtor,(b) the issuance and distribution of the New Common Stock, and (c) all other actions and transactions contemplated by the Plan and the Plan Sponsor Agreement shall be deemed authorized and approved in all respects (subject to the provisions of the Plan and the Plan Sponsor Agreement).

More Definitions of Plan Sponsor Agreement

Plan Sponsor Agreement means that certain Plan Sponsor Agreement dated February 3, 2010 among the Buyer Parties and the Debtors, as amended.

Plan Sponsor Agreement means that certain plan sponsor agreement among Borrower, the other Debtors and Big Wave or one or more of its affiliates dated as of September 8, 2015.

Plan Sponsor Agreement means that certain Plan Sponsor Agreement among the Plan Sponsor, the Debtor, and the Official Committee dated as of February 14, 2017 and Filed as Docket No. 231 in the Bankruptcy Case.

Plan Sponsor Agreement means the CCAA Acquisition and Plan Sponsor Agreement between the Corporation, Plan Sponsor and Bedrock Industries L.P. made as of December 9, 2016, including its recitals, schedules and exhibits, as amended from time to time.

Plan Sponsor Agreement means the plan sponsor agreement between the Hematite Group and the Plan Sponsor made as of September 17, 2020, as amended from time to time.

Plan Sponsor Agreement means a Contract between Seller and a Plan Sponsor relating to the establishment of Safe Harbor IRAs or any other services included in the Business, including an Automatic Rollover Agreement, Automatic EGTRRA Rollover Agreement, Terminated Plan Distribution Agreement or similar agreement between Seller and a Plan Sponsor.

Plan Sponsor Agreement means the Alternative Plan Sponsor Agreement or the Original Plan Sponsor Agreement, as applicable.