Reallocation Procedures definition

Reallocation Procedures means the procedures of that name made by AEMO under the Exchange Agreement, as published by AEMO on its website from time to time.
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Reallocation Procedures means the procedures published by the Operator under clause 16.1.
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Reallocation Procedures. The Backstop Parties will fully fund the Initial DIP Term Loans subject to any reallocation of the Initial DIP Term Loans pursuant to the reallocation procedures set forth in the Term Loan DIP Credit Agreement (the “Reallocation Procedures”), which will provide each holder of a Rollover Term Loan Claim and each holder of a Tranche B Term Loan Claim the opportunity (the “Participation Right”) for such holder (or its designee) to lend up to its pro rata allocation of the New Money DIP Term Loans and provide up to its pro rata allocation of the New Money Exit Financing Commitments, with each holder’s pro rata allocation (each a “DIP-to-Exit Pro Rata Allocation”) calculated based on (a) the aggregate face amount of Rollover Term Loan Claims and Tranche B Term Loan Claims held by such Term Loan DIP Lender on the Petition Date, relative to (b) the aggregate face amount of all Rollover Term Loan Claims and Tranche B Term Loan Claims on the Petition Date. · Conversion Rights: A holder of a Rollover Term Loan Claim who subscribes and funds (or whose designee subscribes and funds on its behalf) an amount of New Money DIP Term Loans greater than or equal such holder’s pro rata allocation (after accounting for any rounding in accordance with the DIP Term Loan Documents) of the New Money DIP Term Loans, based on the aggregate outstanding principal amount of Rollover Term Loan Claims and Tranche B Term Loan Claims held by such holder on the Petition Date relative to the aggregate outstanding principal amount of all Rollover Term Loan Claims and Tranche B Term Loan Claims on the Petition Date, will have the right to convert any 3L Exit Term Loans received by such holder (or its designee) pursuant to the Plan on account of the amount of Rollover Term Loan Claims held by such holder on the Petition Date (together with any accrued and unpaid interest, fees, expenses, or other claims in respect thereof through the Plan Effective Date), on a dollar-for-dollar basis and on the Plan Effective Date, into an equivalent principal amount of 2L Exit Term Loans in accordance with the DIP Term Loan Documents (each such right, a “Conversion Right”). On the Plan Effective Date, the obligations under the DIP Term Loan Facility (collectively, the “Term Loan Facility DIP Claims”) will be converted into 1L Exit Term Loans on a dollar-for-dollar basis. DIP-to-Exit Backstop Letter Pursuant to a commitment letter (the “DIP-to-Exit Backstop Letter”), the members of that certain ad hoc group of ...
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Examples of Reallocation Procedures in a sentence

  • Your failure to complete this section accurately and completely could result in your being unable to participate in the Reallocation Procedures.

  • Pursuant to Article V of the Plan, the undersigned has the option to participate in the Reallocation Procedures described fully in Section 5.1 of the Plan.

  • By checking the boxes below the undersigned elects to participate in the Reallocation Procedures pursuant to the terms indicated below.

  • A Reallocation is initiated by a Reallocation Request lodged with the Operator by or on behalf of two Market Participants who have satisfied all eligibility requirements under the Reallocation Procedures, which may include entering into an agreement with the Operator in respect of the Reallocation process.

  • The Operator must develop and publish procedures (Reallocation Procedures) on its website, to enable Market Participants to create and record Reallocation Requests and describe the process for effecting Reallocations under this agreement.

  • A Reallocation Request must contain the information required by the Reallocation Procedures and be lodged with the Operator in accordance with the Reallocation Procedures.

  • The Operator may from time to time amend or replace the Reallocation Procedures after consulting with Market Participants using the process applicable to proposed amendments to this agreement under clauses 3.3 to 3.5. The Operator is not required to meet its obligations under this clause 16 in any way which increases the Operator’s risks in the collection of monies owed to it under or in respect of this agreement.

  • Otherwise, the Operator must register a valid Reallocation Request within the time specified in the Reallocation Procedures and may impose conditions on registration as contemplated by the Reallocation Procedures.

  • By checking the boxes below the undersigned elects to participate in the Reallocation Procedures pursuant to the Terms indicated below.

  • If the undersigned elected in any manner to make the Release Election in Item 3 or to participate in the Reallocation Procedures in accordance with Item 4 the undersigned is authorizing its Nominee to tender its Notes.

Related to Reallocation Procedures

  • Operation Procedures means the procedures contained in Annexure A hereto which the Contractor is obliged to follow when performing work on behalf of the company

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • AML/KYC Procedures means the customer due diligence (CDD) procedures of a Reporting Financial Institution pursuant to the anti-money laundering or similar requirements of the jurisdiction concerned to which such Reporting Financial Institution is subject.

  • Reconciliation Procedures means those procedures set forth in Section 7.09 of this Agreement.