Examples of Required Supporting Creditors in a sentence
Following Confirmation, the Plan will be consummated on the Effective Date, which is a date that is the first Business Day after the Confirmation Date on which (1) no stay of the Confirmation Order is in effect, (2) all conditions to Consummation have been satisfied or waived (see Article IX of the Plan), and (3) the Debtors, with the consent of the Required Supporting Creditors, declare the Plan effective.
Corporate governance for the Reorganized Debtors, including charters, bylaws, operating agreements, or other organization documents, as applicable (the “New Organizational Documents”), shall be consistent with this Term Sheet and section 1123(a)(6) of the Bankruptcy Code (as applicable) and documentation therefor shall be included in the Plan Supplement and otherwise acceptable to the Debtors and the Required Supporting Creditors.
The study MISO performed understates MISO’s expected use of the MI/ON PARs because MISO power flows from Michigan to Ontario on two of the circuits, and loopsback to Michigan on the two other circuits, but the MISO’s method inappropriately nets these two flows against each other (page 6, line 11 through page 7, line 6).
The Company shall provide to each of the Backstop Parties and its counsel a copy of any proposed amendment, modification or change to the Plan or Disclosure Statement (which amendments shall, in each case, be in form and substance acceptable to the Required Supporting Creditors) and a reasonable opportunity to review and comment on such documents.
Those programs/divisions include: Grants and Special Programs (repair program, Affordable Housing Fund, federal housing grants such as HOME and CDBG); Social Services, Planning, Zoning, Code Enforcement, Public Safety (Sheriff and Police), Vacant and Blighted Property, Infill and Redevelopment, Land Bank.
The New Organizational Documents shall be in form and substance acceptable to the Debtors and Required Supporting Creditors.
The documentation for the New Warrants will be included in the Plan Supplement and otherwise in form and substance acceptable to the Debtors and the Required Supporting Creditors.
Executory Contracts and Unexpired Leases The Debtors shall seek to assume or reject executory contracts and unexpired leases in consultation with the Supporting Creditors and with the consent (such consent not to be unreasonably withheld) of the Required Supporting Creditors.
The Plan and all supporting and implementing documentation (including all briefs and other pleadings filed in support thereof, all documents filed as part of the Plan Supplement, and the Confirmation Order) shall be in form and substance acceptable to the Debtors and the Required Supporting Creditors.
Employment Obligations Each of the Debtors’ “first day” or “second day” motions and proposed orders relating to wages, compensation, and benefits, including executive compensation programs shall be in form and substance acceptable to the Debtors and the Required Supporting Creditors.