Restructuring Term Sheet definition
Examples of Restructuring Term Sheet in a sentence
This Restructuring Term Sheet is proffered in the nature of a settlement proposal in furtherance of settlement discussions.
The Restructuring Transactions will be governed by the RSA, including this Restructuring Term Sheet.
Accordingly, this Restructuring Term Sheet and the information contained herein are entitled to the protections of Rule 408 of the Federal Rules of Evidence and any other applicable rule, statute, or doctrine of similar import protecting the use or disclosure of confidential settlement discussions.
Documents On the Plan Effective Date, except to the extent otherwise provided in this Restructuring Term Sheet and subject to customary exceptions which shall be set forth in the Plan, as applicable, all notes, instruments, certificates, and other documents evidencing Company Claims/Interests, including credit agreements and indentures, shall be cancelled, and the Company Parties’ obligations thereunder or in any way related thereto shall be deemed satisfied in full and discharged.
Except as expressly provided in the Plan (including the conditions precedent to effectiveness set forth therein), the RSA, or the other Definitive Documents, any action required to be taken by the Debtors or the Reorganized Debtors on the Plan Effective Date pursuant to this Restructuring Term Sheet may be taken by the Debtors or the Reorganized Debtors, as applicable, on the Plan Effective Date or as soon as is reasonably practicable thereafter.