Examples of Senior Lender in a sentence
If each of the conditions to the occurrence of the Effective Date has not been satisfied or duly waived on or before the first Business Day that is thirty (30) days after the Confirmation Date, or such later date as shall be agreed by the Debtor, the Senior Lender Agent and the Creditors Committee, the Confirmation Order may be vacated by the Bankruptcy Court.
The Senior Lender Secured Claim and Senior Lender Unsecured Deficiency Claim shall be deemed Allowed for all purposes hereunder as set forth in Sections 1.67, 1.68, 4.2 and 4.4 of the Plan.
Except for distributions to the Senior Lender and Senior Lender Agent under Section 4.2 hereof, checks issued by the Plan Administrator in respect of Allowed Claims shall be null and void if not negotiated within sixty (60) days after the date of issuance thereof.
The Debtor reserves the right, in accordance with the Bankruptcy Code and the Bankruptcy Rules, to amend or modify the Plan at any time prior to the entry of the Confirmation Order, subject to the consent of the Senior Lender Agent and the Creditors Committee.
Notwithstanding the foregoing, pursuant to the Plan and the Confirmation Order, the Debtor reserves the right, with the approval of the Senior Lender Agent, to waive the occurrence of the conditions precedent set forth in Section 10.1(c), and with the approval of the Senior Lender Agent and the Creditors Committee, Section 10.2(a) of the Plan.