Initial Consenting Noteholders definition

Initial Consenting Noteholders means, subject to section 12.7 hereof, the Noteholders that executed the RSA on March 30, 2012.
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Initial Consenting Noteholders means the Consenting Noteholders who executed this Agreement on the date written on the first page of this Agreement.
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Initial Consenting Noteholders means the Noteholders that executed the RSA on March 30, 2012.
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Examples of Initial Consenting Noteholders in a sentence

  • Share Consolidation As a step in the Plan, the Common Shares shall be consolidated (the "Share Consolidation") using a ratio that is acceptable to the Company, the Majority Commitment Parties, and the Majority Initial Consenting Noteholders, each acting reasonably.

  • Governance The composition and size of the Board of the Company following implementation of the Plan shall be acceptable to each of the Majority Commitment Parties, the Majority Initial Consenting Noteholders and as may otherwise be required pursuant to the terms of any Support Agreement or the Commitment Letter.

  • Support Agreement A consent and support agreement containing terms and conditions acceptable to the Company and the Initial Consenting Noteholders will be entered into with the Company by each of the Initial Consenting Noteholders and such other Senior Unsecured Noteholders who sign such a consent and support agreement or a Joinder Agreement (collectively, a “Support Agreement”).

  • Public Announcements All public announcements in respect of the Transaction shall be in form acceptable to the Company and the Initial Consenting Noteholders, provided that nothing shall prevent a party from making public disclosure in respect of the Transaction to the extent required by applicable law.

  • Common Share Consolidation The common shares of the Company may be consolidated in connection with the implementation of the Transaction, as may be determined by the Company and the Initial Consenting Noteholders.


More Definitions of Initial Consenting Noteholders

Initial Consenting Noteholders means, collectively, the Senior Secured Noteholders that executed the Support Agreement as at March 3, 2025, to the extent they remain a party to the Support Agreement;
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Initial Consenting Noteholders means, collectively, the Senior Unsecured Noteholders who are identified as "Initial Consenting Noteholders" in the Support Agreement;
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Initial Consenting Noteholders has the meaning ascribed thereto in the Preamble to this Agreement.
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Initial Consenting Noteholders means the Senior Unsecured Noteholders that executed the Noteholder Support Agreement as of March 28, 2019;
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Initial Consenting Noteholders means the Noteholders that have executed and delivered counterpart signature pages to this Agreement as of the Execution Date.
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Initial Consenting Noteholders has the meaning ascribed to such term in the Plan Support Agreement.
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Initial Consenting Noteholders means Noteholders who, on or prior to July 13, 2020 entered into the Support Agreement (including by way of a Joinder Agreement), provided that such Initial Consenting Noteholder continues to hold at least 80% of its respective principal amount of Relevant Senior Unsecured Notes as set out on its signature page to the Support Agreement. "Joinder Agreement" means a joinder agreement, the form of which will be appended to the form of Support Agreement, pursuant to which a Noteholder agrees, among other things, to be bound by and subject to the terms of the Support Agreement and thereby become a Consenting Noteholder. "Majority Commitment Parties" has the meaning given to it in the Commitment Letter. "Majority Initial Consenting Noteholders" means Initial Consenting Noteholders holding not less than 66 2/3% of the aggregate principal amount of the Senior Unsecured Notes held by all Initial Consenting Noteholders. "New 1.5 Lien Notes" means in aggregate the CAD$60 million in new 10% PIK interest convertible secured notes to be issued prior to or concurrent with the completion of the Recapitalization Transaction. "New Shares" means all Common Shares of CWS issued to Senior Unsecured Noteholders pursuant to the Plan. "Noteholders" means, collectively, the Senior Unsecured Noteholders. "Proceedings" means the Company's proceedings under the CBCA pursuant to which the Plan shall be implemented. "Pro Forma Common Shares" means all of the issued and outstanding common shares of CWS, as at immediately following the Effective Time and taking into account the Existing Shareholder Shares and the New Shares, but not taking into account the Backstop Shares issued pursuant to the Plan, and subject to dilution pursuant to conversion of the New 1.5 Lien Notes. "Record Date" means July 13, 2020. "Second Lien Noteholders" means a holder or holders of the Second Lien Notes, in their capacity as such.
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