Settlement and Plans Support Agreement definition

Settlement and Plans Support Agreement means the Settlement and Plans Support Agreement dated on or around 12 October 2016 and made between, among others, the US Debtors, the Canadian Debtors, the EMEA Debtors (as defined therein and including the Company) and the Administrators;
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Examples of Settlement and Plans Support Agreement in a sentence

  • However, an appeal was brought against the Canadian plan of arrangement in the Ontario Court of Appeal meaning that it has not yet become "final" for the purposes of the Settlement and Plans Support Agreement.

  • On October 12, 2016, the Debtors filed a Notice of Execution of Settlement and Plans Support Agreement [D.I. 17249] that attached a Settlement and Plans Support Agreement dated October 12, 2016 (the “SPSA”), which contemplated the resolution of the allocation dispute and other matters in accordance with the terms and subject to the conditions set forth therein.

  • Once these orders are no longer subject to an appeal or stay (and one other condition of the Settlement and Plans Support Agreement is waived, see paragraph 9.12 of Annex 21 (Background to the Nortel Group insolvency proceedings)), the Plans Effective Date will occur, allowing release of funds from the Lockbox.6.7 The Plans Effective Date was anticipated to occur in February 2017.

  • Subject to this Proposal being approved, the Expense Application resulting in an order which has the effect of barring certain Administration Expense claims from being paid in priority to CVA Claims and the conditions of the Settlement and Plans Support Agreement being met such that the Sale Proceeds held in the Lockbox are released, the Administrators consider that CVA Creditors are likely to receive an initial distribution in Autumn 2017.

  • The global settlement is documented in the Settlement and Plans Support Agreement which will become fully effective on the occurrence of the Plans Effective Date.

  • Pursuant to the Expense Application, Administration Expense claims received on or before the later of 13 September 2017 or the date 12 weeks after the date of receipt by the Administrators of the Companies' allocation under the Settlement and Plans Support Agreement (the " Specified Date") would be payable in priority to any distributions under the CVA.

  • On October 12, 2016, the Debtors filed a Notice of Execution of Settlement and Plans Support Agreement [D.I. 17249] that attached a Settlement and Plans Support Agreement dated October 12, 2016 (the “SPSA”), that contemplated the resolution of the allocation dispute and other matters in accordance with the terms and subject to the conditions set forth therein.

  • The global settlement is documented in the Settlement and Plans Support Agreement, which will become fully effective on the occurrence of the Plans Effective Date.

  • See e.g. In re Nortel Networks Inc., Order (Recognition of U.S. Chapter 11 Plan Confirmation order and U.S. Settlement and Plans Support Agreement Approval Order), Court File No. 09-Cl-7951 (including excerpt from para.

  • The Debtors, on October 12, 2016, filed their Notice of Execution of Settlement and Plans Support Agreement [D.I. 17249].12.

Related to Settlement and Plans Support Agreement

  • Support Agreement has the meaning set forth in the Recitals.

  • Plan Support Agreement means that certain Plan Support Agreement, dated as of August 9, 2015 (as amended on September 11, 2015, October 27, 2015, and November 12, 2015, and as may be amended, supplemented, or otherwise modified from time to time in accordance therewith), by and among the Debtors, the Original Plan Sponsors, the TCEH Supporting First Lien Creditors, the TCEH First Lien Agent, the TCEH Supporting Second Lien Creditors, the TCEH Committee, and certain other Entities, including all exhibits and schedules attached thereto.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Support Agreements has the meaning set forth in the Recitals.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Program Support Agreement means and includes any Liquidity Agreement and any other agreement entered into by any Program Support Provider providing for: (a) the issuance of one or more letters of credit for the account of any Conduit Purchaser, (b) the issuance of one or more surety bonds for which the such Conduit Purchaser is obligated to reimburse the applicable Program Support Provider for any drawings thereunder, (c) the sale by such Conduit Purchaser to any Program Support Provider of the Purchased Interest (or portions thereof) maintained by such Conduit Purchaser and/or (d) the making of loans and/or other extensions of credit to any Conduit Purchaser in connection with such Conduit Purchaser’s securitization program contemplated in this Agreement, together with any letter of credit, surety bond or other instrument issued thereunder.

  • Payment Agreement means a written agreement which provides

  • Sponsor Support Agreement has the meaning set forth in the recitals to this Agreement.

  • Settlement Agreement means this agreement, including the recitals and schedules.

  • Backstop Agreement has the meaning set forth in the recitals to this Agreement.

  • Agreement and Plan of Merger has the meaning set forth in the first recital above.

  • Sponsor Management Agreement means the Management Agreement between certain of the management companies associated with the Sponsors and the Borrower.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Investment Management Agreement means the Investment Management Agreement made

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Acquisition Agreement as defined in the recitals hereto.

  • Restructuring Support Agreement has the meaning set forth in the Recitals.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.