Supplemental Approval definition

Supplemental Approval means: (i) with respect to FES, an FES Supplemental Order, (ii) with respect to ATSI, an ATSI Supplemental Order; (iii) with respect to OE, an OE Supplemental Order; (iv) with respect to Penn, a Penn Supplemental Order, subject to any borrowing limitations contained in the Organizational Documents of Penn; (v) with respect to CEI, a CEI Supplemental Order; (vi) with respect to TE, a TE Supplemental Order; (vii) with respect to JCP&L, a JCP&L Supplemental Order, subject to any borrowing limitations contained in the Organizational Documents of JCP&L; (viii) with respect to Met-Ed, a Met-Ed Supplemental Order; and (ix) with respect to Penelec, a Penelec Supplemental Order.

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Supplemental Approval has the meaning ascribed to it in Section 5.1(c).

Supplemental Approval means the Court’s certifying the Employer Class for settlement purposes.

Examples of Supplemental Approval in a sentence

• Simultaneously with each reduction or termination of the Subsequent Tranche C Commitment, the Borrower shall, subject to entry by the Bankruptcy Court of the Supplemental Approval Order, pay to the Administrative Agent for the account of each Tranche C Lender holding a Subsequent Tranche C Commitment the Tranche C Commitment Fee, accrued and unpaid on the amount of the Subsequent Tranche C Commitment of such Tranche C Lender so terminated or reduced through the date thereof.

• The Tranche C Commitment Fee, to the extent then accrued and approved by the Bankruptcy Court as set forth in the Supplemental Approval Order, shall be payable (x) on the funding date of the Subsequent Tranche C Loan and (y) as provided in Section 2.12 hereof, upon any reduction or termination in whole or in part of the Total Subsequent Tranche C Commitment.

• Benz, Esq., counsel for such Borrower, if such Supplemental Approval consists of a PUCO order, to the effect that no Governmental Action is or will be required in connection with the execution, delivery or performance by such Borrower, or the consummation by such Borrower of the transactions contemplated by this Agreement or any other Loan Document to which it is, or is to become, a party other than such Supplemental Approval, which has been duly issued and is in full force and effect.

• Maintain such Borrower’s Approval, as applicable, and, on and after the date of any Extension of Credit after the expiration of such Borrower’s Approval, as applicable, such Borrower’s Supplemental Approval, as applicable, in full force and effect and comply with all terms and conditions thereof until all amounts outstanding under the Loan Documents shall have been repaid or paid (as the case may be) and the Termination Date has occurred.

• No Governmental Action is or will be required in connection with the execution, delivery or performance by it, or the consummation by it of the transactions contemplated by this Agreement or any other Loan Document to which it is, or is to become, a party other than (i) such Borrower’s Approval, as applicable, which has been duly issued and is in full force and effect and (ii) such Borrower’s Supplemental Approval, as applicable.

• On the making of any Loan, other than the Subsequent Tranche C Loan, or the issuance of any Letter of Credit, the Fourth Amendment Approval Order shall have been entered, and on the making of the Subsequent Tranche C Loan, the Supplemental Approval Order shall have been entered, and in each such case the Approval Order shall not have been reversed, stayed, vacated or, without the Administrative Agent’s consent, amended, supplemented or modified.

• On the making of any Loan, other than the Subsequent Tranche C Loan, or the issuance of any Letter of Credit, the Fourth Amendment Approval Order shall have been entered, and on the making of the Subsequent Tranche C Loan, the Supplemental Approval Order shall have been entered, and in each such case the Approval Order shall not have been reversed, stayed, vacated or, without the Administrative Agent s consent, amended, supplemented or modified.

• Maintain such Loan Party’s Approval, as applicable, and, on and after the date of any Extension of Credit after the expiration of such Loan Party’s Approval, as applicable, such Loan Party’s Supplemental Approval, as applicable, in full force and effect and comply with all terms and conditions thereof until all amounts outstanding under the Loan Documents shall have been repaid or paid (as the case may be) and the Termination Date has occurred.

• No Governmental Action is or will be required in connection with the execution, delivery or performance by it, or the consummation by it of the transactions contemplated by this Agreement or any other Loan Document to which it is, or is to become, a party other than (i) such Loan Party’s Approval, as applicable, which has been duly issued and is in full force and effect and (ii) such Loan Party’s Supplemental Approval, as applicable.

• MidPen or the applicable Developer Affiliate shall apply for the first Supplemental Approval for each Phase no later than the date set forth in the Milestone Schedule and shall continue to submit applications for additional Supplemental Approvals as necessary to ensure receipt of all of the Supplemental Approvals for each Phase by the date set forth in the Milestone Schedule.

More Definitions of Supplemental Approval

Supplemental Approval means: (i) with respect to FE, an FE Supplemental SEC Order; (ii) with respect to ATSI, an ATSI Supplemental SEC Order; (iii) with respect to OE, an OE Supplemental PUCO Order; (iv) with respect to Penn, a Penn Supplemental SEC Order, subject to any borrowing limitations contained in the Organizational Documents of Penn; (v) with respect to CEI, a CEI Supplemental PUCO Order; (vi) with respect to TE, a TE Supplemental PUCO Order; (vii) with respect to JCP&L, a JCP&L Supplemental SEC Order, subject to any borrowing limitations contained in the Organizational Documents of JCP&L; (viii) with respect to Met-Ed, a Met-Ed Supplemental SEC Order; and (ix) with respect to Penelec, a Penelec Supplemental SEC Order.

Supplemental Approval means, with respect to Borrower, a Borrower Supplemental Order, with respect to FES, an FES Supplemental Order.