Settlement Parties definition

Settlement Parties means, solely in their capacity as such, (i) the Debtors, (ii) the Committee, (iii) the First Lien Revolver Agent, (iv) the First Lien Revolver Sub-Agent, (v) the First Lien Term Loan Agent, (vi) the Second Lien Term Loan Agent, (vii) the First Lien Revolver Lenders, (viii) the First Lien Term Loan Lenders, (ix) the First Lien Term Loan Lender Defendants, (x) the Second Lien Term Loan Lenders, (xi) the Second Lien Term Loan Lender Defendants, (xi) the Settling Transeastern Lenders, (xii) MatlinPatterson, in its capacity as a holder of Claims against the Plan Debtors,(xiii) Monarch, in its capacity as a holder of Claims against the Debtors, (xiv) Aurelius, in its capacity as a holder of Claims against the Debtors and (xv) the Non-Defendant Directors and Officers. For the avoidance of doubt, the Settlement Parties do not include TOSA, the Defendant Directors and Officers and the Settling D&O Insurers who are subject to the D&O Insurance Coverage Settlement as set forth in the D&O Insurance Coverage Settlement Agreement.
Settlement Parties means the Original Settlement Parties and the Additional Settlement Parties.
Settlement Parties means the Debtors, the Creditors Committee, the Administrative Agent, Steel Partners and the U.K. Borrower.

Examples of Settlement Parties in a sentence

  • With respect to difficulties associated with collection, the settlements contained in and implemented by the Joint Plan eliminate potential collection risk with respect to the Settlement Parties and assure timely payment.

  • The Joint Plan incorporates and implements numerous settlements among the Settlement Parties, including, inter alia,• The Mediation Settlement.

  • The release and discharge of Claims and Causes of Action given by the Releasing Settlement Parties described in Article VIII.B of the Joint Plan (the “Settlement Party Release”) releases the Released Parties subject to the limitations contained in Article VIII.B.14 The Settlement Party Release is a necessary and important aspect of the Joint Plan, is based on sound business judgment and is reasonable.

  • Accordingly the third Justice Oaks Factor is satisfied.Finally, the Debtors, the Committee and each of the other Settlement Parties support the settlements contained in and implemented by the Joint Plan.

  • With respect to the probabilityof success in litigation, each of the Settlement Parties is confident with respect to the merits of their respective claims in the Settled Mediation Causes of Action and all other proceedings related to the Chapter 11 Cases.


More Definitions of Settlement Parties

Settlement Parties means the Debtors, the Committee, Solyndra and Wuxi.
Settlement Parties means, collectively, the Bank Parties, the Homeowner Parties and the Developer Parties.
Settlement Parties means the McAllister Plaintiff, the Xxxxxx Plaintiffs, and the Rams.
Settlement Parties means (a) the Debtors; (b) the Reorganized Debtors; (c) the Prepetition ABL Agent; (d) the Prepetition Term Loan Agent; (e) the Prepetition ABL Lenders and each of the “Prepetition Secured Parties” as defined in the DIP Order; (f) the Prepetition Term Loan Lenders; (g) Catterton; (h) the DIP Agents; (i) the DIP Lenders and each of the other DIP Secured Parties (as defined in the DIP Order); (j) PRG Inc.; (k) PRG II; (l) PRG Holdings; (m) VER MergerCo; and (n) for each of the foregoing entities in clauses (a) through (m), such entity’s current and former affiliates, and such entities’ and their current and former affiliates’ current and former directors, managers, officers, principals, equity holders, (regardless of whether such interests are held directly or indirectly), predecessors, participants, successors and assigns, subsidiaries, affiliates, managed accounts or funds, and each of their respective current and former equity holders, officers, directors, managers, members (including the Independent Member), principals, shareholders, members, management companies, fund advisors, employees, agents, advisory board members, financial advisors, partners, attorneys, accountants, investment bankers, consultants, representatives, and other professionals; provided that, for the avoidance of doubt, none of the FTF Parties shall be Settlement Parties.
Settlement Parties means (a) the Debtors; (b) the Reorganized Debtors; (c) the Prepetition ABL Agent; (d) the Prepetition Term Loan Agent; (e) the Prepetition ABL Lenders and each of the “Prepetition Secured Parties” as defined in the DIP Order; (f) the Prepetition Term Loan Lenders; (g) Catterton; (h) the DIP Agents; (i) the DIP Lenders and each of the other DIP Secured Parties (as defined in the DIP Order); (j) PRG Inc.; (k) PRG II; (l) PRG II Inc.; (m) PRG Holdings; (n) VER MergerCo; (o) the FTF Parties; and (p) for each of the foregoing entities in clauses
Settlement Parties means (a) the Debtors, and each of their respective current and former officers, directors, members, managers, principals, employees, agents, advisory board members, financial advisors, partners, attorneys, accountants, investment bankers, consultants, representatives, and other professionals, each in their capacity as such and (b) Sun Capital.
Settlement Parties means SpECTrum Insurer, Debtors, and their Related Parties.