Committee Settlement definition

Committee Settlement means that certain Settlement Agreement with the Committee, which shall be included in the Plan Supplement.

Committee Settlement means that certain Settlement Agreement Among Debtors, Silver Point Finance, LLC & Official Committee Of Unsecured Creditors attached as Exhibit A to the Notice of Filing of Settlement Agreement that was Filed as Docket Number 696 in the Chapter 11 Cases.

Committee Settlement means the Settlement Agreement attached to the Debtors’ Motion for an Order Approving Release, Settlement Agreement and Plan Support Agreement, filed on February 14, 2020 [Docket No. 222].

Examples of Committee Settlement in a sentence

• The Debtors may not amend the Plan in a manner inconsistent with the EFH/EFIH Committee Settlement without the prior consent of the EFH/EFIH Committee and the EFH Notes Trustee.

• In the event that, for any reason, the Confirmation Order is not entered or the Effective Date does not occur, the Debtors, the Creditors’ Committee and the Equity Committee reserve all of their respective rights with respect to any and all disputes resolved and settled under the Plan, the Settlement Stipulation and the Equity Committee Settlement Stipulation and with respect to the terms of the Plan.

• In accordance with the Creditors' Committee Settlement Agreement, on the Effective Date, $100,000 shall be transferred to the Creditors' Committee Counsel to fund attorneys' fees and expenses incurred by the Post-Effective Date Committee in objecting to Class 8A Claims and in implementing the Plan.

• The Confirmation Order shall also constitute an order of the Bankruptcy Court approving the Creditors' Committee Settlement Agreement.

• Neither the Debtors nor the Creditors Committee shall object to any professional fee application filed by Imperial Capital, LLC that conforms to the prior sentence provided that the Equity Committee Settlement Stipulation remains in full force and effect.

More Definitions of Committee Settlement

Committee Settlement means the settlement by and among the Debtors, the Committee, the DIP Lenders, and the Settling Parties and effectuated through the Plan, which provides for, among other things, (i) the resolution of the Committee’s objections to the Plan and the Sale Transactions, (ii) the Committee’s withdrawal of the Standing Motion with prejudice and (iii) resolution of any disputes between the DIP Lenders and the Committee regarding the DIP Lenders and Committee Stipulation, pursuant to section 1123(b)(3)(A) of the Bankruptcy Code and Bankruptcy Rule 9019, the material terms of which are included in the Plan.

Committee Settlement means the settlement by and among the Debtors, the Committee, the Unions, and the Ad Hoc Term Lender Group effectuated through this Plan as set forth in Article V.S hereof.

Committee Settlement means the settlement among Silicon Valley Bank (as DIP Lender and Prepetition Lender), the Committee, and the Debtor as approved and set forth in the DIP Order and as set forth on Exhibit A to the Plan.

Committee Settlement means the settlement described in Section 2.02 of this Plan. “Confirmation” shall mean the entry by the Court of the Confirmation Order. “Confirmation Date” shall mean the date on which the Clerk of the Court enters theConfirmation Order on the Docket.

Committee Settlement means the settlement set forth in that certain Term Sheet, dated December 18, 2023, attached as Exhibit A to the Joint Informative Motion Regarding Settlement Between the Financial Oversight and Management Board for Puerto Rico and the Official Committee of Unsecured Creditors [Docket No. 4286].

Committee Settlement means that certain agreement between the Debtors, the Lender Committee Parties, the official committee of unsecured creditors appointed in the Chapter 11 Cases and the Litigation Trustee (as defined in the Committee Settlement) that was approved by the Bankruptcy Court on January 12, 2017 [Docket No. 493].

Committee Settlement means the settlement agreement incorporated in Article 5.17 of this Plan.