Standalone Transaction definition
Standalone Transaction means the Company’s emergence from the Chapter 11 Cases following the Standalone Opt Out Date pursuant to the Plan and financed pursuant to the commitment letter attached as Exhibit J.
Examples of Standalone Transaction in a sentence
Prior to such date, the Company may take reasonable steps, not to include the transfer of any material assets, the expenditure of material funds or the incurrence of a material disruption to the Nitrogen Business, to prepare for the Standalone Transaction and the financing thereof.
The Company has received a commitment letter from a financing source for the purpose of financing the Standalone Transaction, a true copy of which is attached hereto as Exhibit J.