Consenting Debentureholders definition

Consenting Debentureholders means the Convertible Debentureholders who, on or prior to the Early Consent Date, vote in favour of this Plan or otherwise support this Plan, in each case in a manner acceptable to the Applicants acting reasonably, and provided that in each case such Convertible Debentureholders hold their respective Consent Debentures as at the Effective Date;
Sample 1Sample 2
Consenting Debentureholders means holders of Convertible Debentures who, on or prior to the Consent Date, enter into a support agreement with the Company in respect of the Transaction and comply with their obligations pursuant thereto, vote in favour of the CBCA Plan, and/or otherwise support the Transaction, in each case in a manner acceptable to the Company acting reasonably.
Sample 1
Consenting Debentureholders means Convertible Debentureholders who, on or prior to the Consent Date, enter into a Support Agreement (including by way of a Joinder Agreement) and comply with their obligations pursuant thereto, vote in favour of the CBCA Plan (as applicable), consent to the Debenture Amendment (as applicable) and/or otherwise support the Transaction, in each case in a manner acceptable to the Company acting reasonably. Convertible Debenture “Convertible Debenture Indenture” means the Debenture Indenture Indenture dated as of August 6, 2016 between Bellatrix Exploration Ltd., and Computershare Trust Company of Canada, as amended from time to time.
Sample 1

Examples of Consenting Debentureholders in a sentence

  • As many of the Subsidiaries have little or nil value, the Consenting Debentureholders will control the Company’s Board of Directors following implementation of the Proposal, and the Company’s existing claims will be compromised, the Consenting Debentureholders have advised that they are of the view that having security at this time adds no incremental value.

  • Pursuant to a support agreement dated November 17, 2020 between the Company and certain of the Debentureholders (the “Support Agreement”), the Consenting Debentureholders, being the Convertible Debentureholders that executed and remain subject to the Support Agreement, agreed to vote all of their Relevant Debt in favour of the approval, consent, ratification and adoption of the Proposal, subject to the terms of the Support Agreement.

  • As discussed above, the Proposal was amended on December 8, 2020 following discussions between the Company and the Consenting Debentureholders.

  • In October 2013, the Company issued 72,360 common shares to a director and officers of the Company who were Consenting Debentureholders, in satisfaction of the consent fee payable to them.

  • This work consists of either a) fill removal in an undiked area where the property will benefit from flood level reduction and will otherwise be unaffected and b) minor dike improvements necessary to tie into a new dike adjacent where the property will receive substantial flood level reduction benefits.

  • The only Persons entitled to attend and speak at the Creditors' Meeting are representatives of the Company and the Consenting Debentureholders and their respective legal counsel and advisors, the Proposal Trustee and its legal counsel and advisors, and all other Persons entitled to vote at the Creditors' Meeting and their respective legal counsel and advisors.

  • After notice, both are parties to the proceeding and shall be given opportunity to offer evidence bearing on the question.

  • Additionally the consent fee is payable in common shares of Pinetree, on the basis of 180 common shares for every $1 principal amount of Consenting Debentures, to the eligible Consenting Debentureholders who properly elected to receive common shares in lieu of a cash payment within the prescribed period.

  • Board of Directors Upon implementation of the Proposal, each of the directors of the Company will be deemed to have resigned and the board of directors of the Company will be reconstituted as determined by the Initial Consenting Debentureholders.

  • The consent fee was payable in cash or, alternatively, common shares of Pinetree, on the basis of 180 common shares for every $1 principal amount of Consenting Debentures to the eligible Consenting Debentureholders who properly elected to receive common shares in lieu of cash within the prescribed period.


More Definitions of Consenting Debentureholders

Consenting Debentureholders means the Convertible Debentureholders that have executed and remain, at the relevant time, subject to this Support Agreement or a Joinder Agreement hereto.
Sample 1

Related to Consenting Debentureholders

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

  • Debentureholders or “holders” means the Persons for the time being entered in the register for Debentures as registered holders of Debentures or any transferees of such Persons by endorsement or delivery;

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Bondholders Meeting" means a meeting among the Bondholders held in accordance with Clause 17 (Bondholders’ Meeting).

  • Majority in Interest of Noteholders means, as of a particular date of determination and subject to Section 2.16 of the Indenture, the holders of at least a majority in aggregate unpaid principal amount of all Equipment Notes outstanding as of such date (excluding any Equipment Notes held by the Company or any Affiliate thereof, it being understood that a Pass Through Trustee shall be considered an Affiliate of the Company as long as more than 50% in the aggregate face amount of Pass Through Certificates issued by the corresponding Pass Through Trust are held by the Company or an Affiliate of the Company or a Pass Through Trustee is otherwise under the control of the Company or such Affiliate of the Company (unless all Equipment Notes then outstanding are held by the Company or any Affiliate thereof, including the Pass Through Trustees which are considered Affiliates of the Company pursuant hereto)); provided that for the purposes of directing any action or casting any vote or giving any consent, waiver or instruction hereunder, any Noteholder of an Equipment Note or Equipment Notes may allocate, in such Noteholder’s sole discretion, any fractional portion of the principal amount of such Equipment Note or Equipment Notes in favor of or in opposition to any such action, vote, consent, waiver or instruction.

  • Majority in Interest of Note Holders Make-Whole Amount" or "Note Holder," or the percentage of Note Holders required to take or approve any action hereunder, (ii) reduce the amount, or change the time of payment or method of calculation of any amount, of Original Amount, Make-Whole Amount, if any, or interest with respect to any Equipment Note, or alter or modify the provisions of Article III hereof with respect to the order of priorities in which distribution thereunder shall be made as among the Note Holders, the Owner Trustee and Lessee, (iii) reduce, modify or amend any indemnities in favor of the Owner Trustee, the Mortgagee or the Note Holders (except that the Owner Trustee (in its individual capacity) or the Mortgagee, as the case may be, may consent to any waiver or reduction of an indemnity payable to it) or the other Indenture Indemnitees, (iv) consent to any change in the Trust Indenture or the Lease which would permit redemption of Equipment Notes earlier than permitted under Section 2.10 or 2.11 hereof or the purchase or exchange of the Equipment Notes other than as permitted by Section 2.13 hereof, (v) except as contemplated by the Lease or the Participation Agreement, reduce the amount or extend the time of payment of Basic Rent, Stipulated Loss Value, or Termination Value for the Aircraft in each case as set forth in the Lease, or modify, amend or supplement the Lease or consent to any assignment of the Lease, in either case releasing Lessee from its obligations in respect of the payment of Basic Rent, Stipulated Loss Value or Termination Value for the Aircraft or altering the absolute and unconditional character of the obligations of Lessee to pay Rent as set forth in Sections 3 and 16 of the Lease or (vi) permit the creation of any Lien on the Trust Indenture Estate or any part thereof other than Permitted Liens or deprive any Note Holder of the benefit of the Lien of this Trust Indenture on the Trust Indenture Estate, except as provided in connection with the exercise of remedies under Article IV hereof.

  • Holders means the holder or holders, as the case may be, from time to time of Registrable Securities.

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Debentureholder holder of Debentures," "registered holder," or other similar term, means the Person or Persons in whose name or names a particular Debenture shall be registered on the books of the Company or the Trustee kept for that purpose in accordance with the terms of this Indenture.

  • Debenture Holders representative” means a person designated as such in an agency deed;

  • Warrant Holders or “Holders” means the holders of the Warrants; and

  • Senior Noteholders means the holders of the Senior Notes.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Warrantholders or “holders” without reference to Warrants, means the warrantholders as and in respect of Warrants registered in the name of the Depository and includes owners of Warrants who beneficially hold securities entitlements in respect of the Warrants through a Book Entry Participant or means, at a particular time, the persons entered in the register hereinafter mentioned as holders of Warrants outstanding at such time;

  • Second Lien Noteholders means the holders of Second Lien Notes.

  • Majority Holders means at any time the Holders of Warrants exercisable for a majority of the shares of Warrant Stock issuable under the Warrants at the time outstanding.

  • Note Holders means collectively, the Note A-1 Holder and the Note A-2 Holder.

  • Equity Holders means the Stockholders and the Option Holders.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Note Majority means a majority by principal amount of the Noteholders.

  • Convertible Notes has the meaning set forth in the Recitals.

  • Securityholders means the Noteholders and the Certificateholders.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Holder of Debt Securities or other similar terms means, a Person in whose name a Debt Security is registered in the Debt Security Register (as defined in Section 2.07(a)).