Examples of Consenting Second Lien Noteholders in a sentence
On the Effective Date, the Reorganized Debtors shall enter into the Exit Facility, the terms of which will be set forth in the Exit Facility Documents, provided that the Debtors or the Reorganized Debtors, as applicable, determine that entry into the Exit Facility is in the best interests of the Reorganized Debtors, provided, further, such determination is reasonably acceptable to the Required Consenting Second Lien Noteholders.
Any intercompany Executory Contracts or Unexpired Leases may be amended, assumed, assigned, or terminated as of the Effective Date as determined by the Reorganized Debtors with the consent of the Required Consenting Second Lien Noteholders (such consent not to be unreasonably withheld, conditioned or delayed) and in consultation with the Required Consenting First Lien Noteholders.
The Milestones may be extended or waived by the Company Parties with the prior written consent, with email from counsel being sufficient, of the Required Consenting Second Lien Noteholders and the Required Consenting RBL Lenders.
The Debtors, with the consent of the Consenting Second Lien Noteholders and the Consenting Convertible Noteholders, reserve the right to jointly revoke or withdraw the Plan at any time prior to the Effective Date.
Agreement, a Joinder, or a Transfer Agreement (collectively, the “Consenting Convertible Noteholders” and, together with the RBL Agent, the Consenting RBL Lenders and the Consenting Second Lien Noteholders, the “Consenting Creditors”).