Common use of Noteholder Consent Clause in Contracts

Noteholder Consent. In the event Seller commences the Exchange Offer with respect to the Senior Secured Notes or otherwise seeks to amend or restructure the Senior Secured Notes, including any consent solicitation (the “Notes Restructuring”), then Seller shall condition the consummation of the Exchange Offer or any Notes Restructuring on obtaining the Noteholder Consent and shall not waive such condition without the consent of the Purchaser, not to be unreasonably withheld. If the Seller obtains the Noteholder Consent, then the Purchaser shall agree to release the Indemnity Escrow Amount as set forth in Section 9.07(b).

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (Goodman Networks Inc)