Restructuring Trustee definition

Restructuring Trustee means [*] as trustee for (directly or indirectly) (among others) the Guaranteed Loan Lenders and the Non-Guaranteed Loan Lenders;
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Restructuring Trustee means DNB Bank ASA of ▇▇▇▇▇▇▇▇ ▇▇, ▇▇-▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ as trustee for (directly or indirectly) (among others) the Guaranteed Loan Lenders and the Non-Guaranteed Loan Lenders.
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Restructuring Trustee means a trustee acting on behalf of the Consenting Noteholders for the purpose of delivering the Restructuring Shares to the Consenting Noteholders by means of the Private Subscription.
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Examples of Restructuring Trustee in a sentence

  • The Borrower agrees to pay to the Restructuring Trustee on demand all reasonable and documented expenses (including external legal and out-of-pocket expenses and disbursements) incurred by the Restructuring Trustee in connection with the negotiation, preparation, execution and, where relevant, registration of the discharges of the second priority security over the Vessel.

  • In the Private Subscription, Bus will deliver (directly or indirectly through the Restructuring Trustee acting on behalf of the Consenting Noteholders) to each of the Consenting Noteholders a number of Restructuring Shares equal to its pro-rata entitlement to Restructuring Shares as provided under the terms of this Restructuring Agreement, with Consenting Noteholders receiving in aggregate 97.5% of the Restructuring Shares between them and no other Noteholders receiving any shares in Bus.

  • Upon the terms and subject to the conditions contained in this Agreement and the schedules hereto (including, without limitation, approval by the Current Shareholders at meetings of the Company’s shareholders of all necessary resolutions relating to the Restructuring) on the Effective Date the Consenting Noteholders will exchange (directly or indirectly through the Restructuring Trustee) their claims against the Company, as applicable, for their pro-rata entitlement to Restructuring Shares.

  • No public disclosure document will be involved and the Private Subscription shall be carried out in consultation with the Restructuring Trustee, upon the terms and subject to the conditions set out in this Agreement and any other necessary subscription documents (the “Private Subscription”).

  • No public disclosure document will be produced and the Private Subscription shall be carried out in consultation with the Restructuring Trustee, upon the terms and subject to the conditions set out in this Restructuring Agreement and any other necessary subscription documents.

  • The amount payable by the Restructuring Trustee to Bus in respect of the subscription price for the Restructuring Shares and the amount payable respectively by Bus in respect of the Subordinated Notes (whether or not payable now or at a future date and whether or not fully or partially reduced following the Proceeding Steps) shall upon the conclusion of the Restructuring Steps be set off against one another in full discharge of each party’s obligations to the other in respect thereof.

Related to Restructuring Trustee

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Continuing Trustee means any member of the Board of Trustees who either (a) has been a member of the Board of Trustees for a period of at least thirty-six months (or since the commencement of the Trust’s operations, if less than thirty-six months) or (b) was nominated to serve as a member of the Board of Trustees by a majority of the Continuing Trustees then members of the Board of Trustees.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Refinancing Trust Has the meaning specified in the Intercreditor Agreement.