Noteholder Backstop Commitment Agreement definition

Noteholder Backstop Commitment Agreement means that certain Noteholder Backstop Commitment Agreement, dated June 13, 2019, by and among the Debtors and the Noteholder Backstop Parties, a copy of which is attached as Exhibit H-2 to the Disclosure Statement, as such agreement may be amended, modified, or supplemented from time to time in accordance with the terms thereof.
Noteholder Backstop Commitment Agreement means that certain Noteholder Backstop Commitment Agreement dated as of June 13, 2019 among Legacy Reserves Inc. and the Noteholder Backstop Parties, and certain of their affiliates that are parties thereto.

Examples of Noteholder Backstop Commitment Agreement in a sentence

  • In addition, pursuant to the terms and conditions of the Noteholder Backstop Commitment Agreement, on the Effective Date the Noteholder Backstop Parties shall receive the Noteholder Backstop Commitment Fee Shares in satisfaction of the Noteholder Backstop Commitment Fee.

  • The Rights Offering is fully-backstopped by the Noteholder Backstop Parties pursuant to the terms and conditions set forth in the Noteholder Backstop Commitment Agreement.

  • The Noteholder Backstop Commitment Agreement will provide for, among other things, a commitment fee (the “Noteholder Backstop Fee”) of 6% of the $66.5 million Noteholder Backstop Amount payable to the Noteholder Backstop Parties on the Effective Date in an amount of New Common Stock in accordance with the percentage ownership of the New Common Equity Pool set forth on Annex I.

  • The Debtors shall have received, or shall receive substantially concurrently with the Closing, no less than $66,500,000 in aggregate cash proceeds from the Noteholder Backstop Commitment Agreement.

  • The Debtors will implement the Restructuring in the Bankruptcy Court pursuant to the Plan on the terms set forth in this Term Sheet (as supplemented by the RSA, Sponsor Backstop Commitment Agreement, Noteholder Backstop Commitment Agreement, DIP Documents, Exit Facility Term Sheet, MIP Term Sheet and Governance Term Sheet).

  • Plan Settlement; Rights Reserved The total enterprise value of the Debtors for purposes of pricing the New Common Stock issued pursuant to the Sponsor Backstop Commitment Agreement, the Rights Offering, the Noteholder Backstop Commitment Agreement and the Incremental Equity Investment, is a component of a global settlement among the Debtors, the Plan Sponsor, and the other parties to the RSA.

Related to Noteholder Backstop Commitment Agreement

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Backstop Commitment has the meaning set forth in Section 2.2(b).

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Backstop Agreement has the meaning set forth in the recitals to this Agreement.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Equity Commitment Letter has the meaning set forth in Section 3.4(a).

  • Debt Commitment Letter has the meaning set forth in Section 4.20.

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Repayment Agreement means an agreement

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Investment Agreement shall have the meaning set forth in the Recitals hereto.

  • Commitment Letters has the meaning set forth in Section 4.5.

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Exit Facility Documents means, collectively, the Exit Credit Agreement, and all other agreements, documents, and instruments delivered or entered into in connection with the Exit Facility, including any guarantee agreements, pledge and collateral agreements, intercreditor agreements, subordination agreements, fee letters, and other security documents

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Sponsor Agreement has the meaning specified in the Recitals hereto.

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).