Required Consenting First Lien Noteholders definition

Required Consenting First Lien Noteholders means, as of the relevant date, Consenting First Lien Noteholders holding at least 66.67% of the aggregate outstanding principal amount of First Lien Senior Secured Notes that are held by Consenting First Lien Noteholders; provided that Required Consenting First Lien Noteholders must include each of the Beach Point Stakeholders and Brigade Stakeholders.
Required Consenting First Lien Noteholders means Consenting First Lien Noteholders that are members of the First Lien Ad Hoc Group holding at least a majority in principal amount of the 1L Notes held by the First Lien Noteholders party to this Agreement that are members of the First Lien Ad Hoc Group.
Required Consenting First Lien Noteholders means, as of the relevant date, Consenting First Lien Noteholders that collectively hold at least a majority of the aggregate outstanding principal amount of First Lien Notes held by all of the Consenting First Lien Noteholders as of such date, which must include no fewer than two members of the First Lien Ad Hoc Group.

Examples of Required Consenting First Lien Noteholders in a sentence

  • Any intercompany Executory Contracts or Unexpired Leases may be amended, assumed, assigned, or terminated as of the Effective Date as determined by the Reorganized Debtors with the consent of the Required Consenting Second Lien Noteholders (such consent not to be unreasonably withheld, conditioned or delayed) and in consultation with the Required Consenting First Lien Noteholders.

  • This Agreement may be terminated in writing by mutual agreement of the Company Entities, the Required Consenting First Lien Noteholders, the Required Consenting 1.5L Noteholders, the Required Consenting Crossholder Noteholders and the Consenting Sponsors (a “Mutual Termination Event”).

  • The FCA rules are currently found in CONC App 1.4.3R, 1.4.4R and 1.4.7R.4 RAO, art 60H(1)(e).

  • Fulfilling the conditions usually paves the way for more integration with the EU ( Dobbels 2009, 5).

  • This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual written agreement among all of the following: (a) each Company Party; (b) the Required Consenting First Lien Noteholders; and (c) the Required Consenting Unsecured Noteholders.

  • Name of Company / Close Corporation orPartnership / Joint Venture / Consortium orIndividual /Sole Proprietor Trading as (if different from above) Company / Close Corporation registration number (if applicable) Postal address Postal Code Physical address (Chosen domicilium citandi et executandi) Postal Code Contact details of the person duly authorised to represent the tendererName: Mr/Ms (3) FORM OF OFFER AND ACCEPTANCE TENDER NO.

  • Time deposits have specific maturity dates may extend for several years.

  • Except as otherwise provided in this Agreement, this Agreement (including the exhibits hereto) may not be modified, amended or supplemented without the prior written consent of the Company, the Required Consenting First Lien Noteholders and the Required Consenting Second Lien Noteholders.

  • The Milestones may be extended by the Company Parties with the prior written consent, with email from counsel being sufficient, of the Required Consenting First Lien Noteholders.

  • Stage of supervision The supervision phase includes monitoring the implementation of construction carried out among fellow members of the beneficiary group (CDE).


More Definitions of Required Consenting First Lien Noteholders

Required Consenting First Lien Noteholders means the Consenting First Lien Noteholders holding a majority in aggregate principal amount of the First Lien Notes held by all Consenting First Lien Noteholders as of the date of the applicable action or consent.
Required Consenting First Lien Noteholders means, as of the relevant date, those First Lien Noteholders Group Members holding at least 50.01% of the aggregate principal amount of First Lien Notes Claims held by all First Lien Noteholders Group Members; provided that with respect to any terms or conditions that relate to the implementation or approval of the Secured Creditor Settlement or the treatment and allowance of the First Lien Claims under the Plan (or the Non-TopCo Plan, as applicable), such parties’ consent rights shall be governed by Section 7.02 herein.
Required Consenting First Lien Noteholders means Consenting First Lien Noteholders that are members of the First Lien Ad Hoc Group holding at least a majority in
Required Consenting First Lien Noteholders means, as of any date of determination, Consenting First Lien Noteholders (comprising not fewer than 3 unaffiliated entities) who collectively own (or have voting control of) a majority of the aggregate outstanding principal amount of First Lien Notes held by all Consenting First Lien Noteholders at such time; provided that for purposes of this definition, the term “Consenting First Lien Noteholders” excludes any Holder of First Lien Notes that, on the relevant date of determination, is in breach of any of its material obligations hereunder.

Related to Required Consenting First Lien Noteholders