RSA Fee definition
Examples of RSA Fee in a sentence
For the avoidance of doubt, on or as soon as practicable after the Effective Date, the RSA Fee shall be payable as an Administrative Expense Claim solely for purposes of the Plan.
The “Exit Equity” shall mean New Common Stock equal to 45.0% of the aggregate New Common Stock (subject to dilution by (x) the MIP and (y) the Second Lien Notes RSA Fee).
If the RSA Fee becomes due and payable, then, at the Company’s election, the RSA Fee may be converted on a dollar-for-dollar basis into additional PIK Loans for each Consenting Lender entitled to the RSA Fee; provided, however, that if this Agreement is terminated by virtue of the Company’s entry into and consummation of an Alternative Transaction, the RSA Fee shall be paid in cash upon the substantial consummation of such Alternative Transaction.