Unsecured Ad Hoc Committee definition

Unsecured Ad Hoc Committee means the ad hoc committee of certain Existing Senior Unsecured Noteholders set up for the purposes of negotiating a financial restructuring with the Group;
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Examples of Unsecured Ad Hoc Committee in a sentence

  • The GhBC collaborated with the Ghana Navy to conduct two maritime boundary inspections along the Ghana-Cote d’Ivoire Maritime Boundary Line in March and November 2023.

  • Discussions amongst these various stakeholder groups have focused on the restructuring of the Group’s balance sheet.The Unsecured Ad Hoc Committee was formed in November 2014.

  • Subject to Clause 9.7.2, no Senior Unsecured Scheme Creditor may commence, support any person commencing, or instruct any person to commence or take any Prohibited Proceeding against the Company, any Affiliate, the Prospective Administrators and the Administrators, the members of the Unsecured Ad Hoc Committee (in their capacity as such), an Adviser, any Director that has executed a Director Deed of Release and/or any Former Director that has executed a Director Deed of Release.

  • Where, under or pursuant to any provision of this Senior Unsecured Scheme, a matter is to be determined by the Company, it shall be determined by the Board (or, if relevant, the Administrators), in their discretion in such manner as they may consider fair and reasonable and after consultation with the Advisers to the Unsecured Ad Hoc Committee.

  • After due consideration, the Debtor rejected two separate proposals from the Unsecured Ad Hoc Committee.

  • The Unsecured Ad Hoc Committee appointed Houlihan Lokey (Europe) Limited as their financial advisers and Ropes & Gray International LLP as their legal advisers.

  • As a result, on 6 February 2015 the Group published the Composite Restructuring Announcement, setting out that it had agreed with the Secured Ad Hoc Committee and Unsecured Ad Hoc Committee the key terms of the Composite Restructuring, now enshrined in the proposed Senior Unsecured Scheme and the Senior Secured Scheme and contractually supported (as at 4 March 2015) by approximately 86.2 per cent.

  • If any difficulty shall arise in determining any such matter either generally or in any particular case or in ensuring the result described above, it shall be resolved by the Board (or, if relevant, the Administrators), after consultation with the Advisers to the Unsecured Ad Hoc Committee, in such manner as it shall consider to be fair and reasonable and its decision shall, insofar as permitted by law, be final and binding on all concerned.

Related to Unsecured Ad Hoc Committee

  • Ad Hoc Committee means a special purpose committee of limited duration, appointed by Council to consider a specific matter and which is dissolved automatically upon submitting its final report to Council, unless otherwise directed by Council.

  • Creditors’ Committee means the statutory committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.

  • Equity Committee means the official committee of equity security holders, appointed pursuant to section 1102 of the Bankruptcy Code by the U.S. Trustee on March 13, 2009.

  • Unsecured Claim means a Claim that is not an Administrative Claim, a Priority Tax Claim, a Priority Claim, or a Secured Claim.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Unsecured PHI or “PHI that is unsecured” means PHI that is not rendered unusable, 29 unreadable, or indecipherable to unauthorized individuals through the use of a technology or 30 methodology specified by the Secretary of Health and Human Services in the guidance issued on the

  • Ad Hoc Group means the ad hoc group of Consenting Noteholders advised by the Ad Hoc Group Advisers.

  • General Unsecured Claim means any Claim that is not a/an: Administrative Claim; DIP Facility Claim; Professional Fee Claim; Priority Tax Claim; Secured Tax Claim; Other Priority Claim; Other Secured Claim; Intercompany Claim; Prepetition Debt Claim; or 510(b) Equity Claim.

  • Unsecured Debt means Debt which is not secured by any of the properties of the Company or any Subsidiary.

  • Allowed Unsecured Claim means all or that portion of an Unsecured Claim which is an Allowed Claim.

  • General Unsecured Claims means Claims against any Debtor that are not Secured Claims, Administrative Claims, Priority Claims, Professional Compensation Claims, Intercompany Claims, or Equity Interests.

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.

  • Managing Committee means the individual or the body of individuals entrusted or charged with the management and administration of a private educational institution and where a society, trust, or an association manages more than one such institution, includes the managing committee of each such institution;

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

  • Sub-Committee means a committee of a committee created by the board.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Hearing Committee means the committee appointed pursuant to this Plan to hear a request for an evidentiary hearing that has been properly filed and pursued by a practitioner.

  • Second Lien Noteholders means the registered holders, from time to time, of the Second Lien Notes, as determined in accordance with the relevant Second Lien Notes Indenture.

  • Monitoring Committee means the committee established under clause 10 of this Award.

  • Finance Committee means the Finance Committee of the University;

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Priority Claims means, collectively, Priority Tax Claims and Other Priority Claims.