Backstop Commitment Percentage definition

Backstop Commitment Percentage means, with respect to any Commitment Party, such Commitment Party’s percentage of the Backstop Commitment as set forth opposite such Commitment Party’s name under the column titled “Backstop Commitment Percentage” on Schedule 1 (as it may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement). Any reference to “Backstop Commitment Percentage” in this Agreement means the Backstop Commitment Percentage in effect at the time of the relevant determination.
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Backstop Commitment Percentage in this Agreement means the Backstop Commitment Percentage in effect at the time of the relevant determination.
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Backstop Commitment Percentage means, with respect to any Backstop Party, such Backstop Party’s percentage of the Backstop Commitment as set forth adjacent to such Backstop Party’s name under the column titled “Backstop Commitment Percentage” on Schedule 2 (as it may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement). Any reference to “Backstop Commitment Percentage” in this Agreement means the Backstop Commitment Percentage in effect at the time of the relevant determination.
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Examples of Backstop Commitment Percentage in a sentence

  • TRANSFEROR: [ ] By: ______________________________________ Name: Title: Address 1: Address 2: Attention: Facsimile: Backstop Commitment Percentage: Unsecured Notes Claims: TRANSFEREE: [ ] By: ______________________________________ Name: Title: Address 1: Address 2: Attention: Facsimile: Backstop Commitment Percentage: Unsecured Notes Claims: Acknowledged and Agreed to: GULFMARK OFFSHORE, INC.

  • The Joining Party and the Company agree that the Backstop Commitment Percentage will be updated in accordance with the terms of the BCA.

  • TRANSFEROR: [ ] By: Name: Title: Address 1: Address 2: Attention: Facsimile: Backstop Commitment Percentage: Unsecured Notes Claims: TRANSFEREE: [ ] By: Name: Title: Address 1: Address 2: Attention: Facsimile: Backstop Commitment Percentage: Unsecured Notes Claims: Acknowledged and Agreed to: CHAPARRAL ENERGY, INC.

  • The Transferee hereby agrees (a) to become a party to the Agreement as a Backstop Commitment Party and Party and as such will have all the rights and be subject to all of the obligations and agreements of a Backstop Commitment Party under the Agreement, (b) to purchase, pursuant and subject to the terms and conditions set forth in the Agreement, such principal amount of Unsubscribed Securities as corresponds to the Backstop Commitment Percentage.

  • If the total amount of the Unfunded Backstop Commitment is re-allocated to a Backstop Replacement Party (or combination of Backstop Replacement Parties), Schedule I hereto shall be updated by the Backstop Parties solely to reflect the Backstop Commitment Percentage of the Backstop Commitment that shall apply to each such Backstop Replacement Party, and the reduction of the Defaulting Backstop Party’s Backstop Commitment Percentage.


More Definitions of Backstop Commitment Percentage

Backstop Commitment Percentage means, for each Backstop Party, the percentage set forth on the Backstop Commitment Schedule opposite such Backstop Party’s name.
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Backstop Commitment Percentage means, with respect to any Equity Commitment Party, such Equity Commitment Party’s percentage of the Backstop Commitment as set forth opposite such Equity Commitment Party’s name under the column titled “Backstop Commitment Percentage” on Schedule 2.1 or Schedule 2.2 (as such schedule may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement), as applicable. Any reference to “Backstop Commitment Percentage” in this Agreement means the Backstop Commitment Percentage in effect at the time of the relevant determination.
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Backstop Commitment Percentage means, with respect to each Backstop Party, the percentage set forth opposite such Backstop Party’s name under the column titled “Backstop Commitment Percentage” on Schedule 1 (as it may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement). Schedule 1 shall be redacted in any public filings with the SEC, the Bankruptcy Court or otherwise and shall be updated from time to time to reflect the addition of Additional Backstop Parties that become party hereto, which updates shall be provided to the counsel to the Initial Backstop Parties upon reasonable request.
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Backstop Commitment Percentage means, with respect to any Commitment Party, the percentage set forth opposite such Commitment Party’s name as follows (as such Schedule 1, Schedule 2A, or Schedule 2B, may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement):
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Backstop Commitment Percentage means, with respect to any Backstop Party, the percentage set forth opposite such Backstop Party’s name under the column titled “Backstop Commitment Percentage” on Schedule 1 (as it may be amended, supplemented or otherwise modified from time to time in accordance with this Agreement).
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Backstop Commitment Percentage means the HoldCo Equityholders Backstop Commitment Percentage and/or the HoldCo Noteholders Backstop Commitment Percentage, as applicable.
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Backstop Commitment Percentage means the Secured Backstop Commitment Percentage and/or the Unsecured Backstop Commitment Percentage, as applicable.
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