Support Effective Date definition
Support Effective Date means the earliest date on which counterpart signature pages to the Restructuring Support Agreement shall have been executed and delivered by (i) the Debtors, (ii) Consenting Term Loan Lenders holding at least 662⁄3%, in aggregate principal amount outstanding as of such date, of the Prepetition Term Loans, (iii) Consenting Second Lien Noteholders holding at least 662⁄3%, in aggregate principal amount outstanding as of such date, of the Prepetition Second Lien Notes, and (iv) Consenting Second Lien PIK Noteholders holding at least 662⁄3%, in aggregate principal amount outstanding as of such date, of the Prepetition Second Lien PIK Notes.
Support Effective Date means the date on which counterpart signature pages to this Agreement shall have been executed and delivered by (i) the Company, and (ii) the Supporting Noteholder.
Support Effective Date means the date on which counterpart signature pages to this Agreement shall have been executed and delivered by (i) General Moly, (ii) the DIP Lenders, (iii) the Requisite Consenting Creditors, and (iv) the Additional RSA Support Parties.
Examples of Support Effective Date in a sentence
This Agreement shall become effective and binding on the Parties, to the fullest extent permissible under applicable law, on the Plan Support Effective Date, and not before such date.
This Agreement shall become effective and binding upon each Party upon the Restructuring Support Effective Date.
This Agreement shall become effective and binding on all Parties on the Support Effective Date.
With respect to any Person that becomes a party to this Agreement by executing and delivering a Joinder Agreement after the Restructuring Support Effective Date, this Agreement shall become effective as to such Person at the time such Joinder Agreement is executed and delivered as hereinabove provided.
Section 8.01 Not later than the open of business on the Business Day that is four Business Days after the Support Effective Date, the Issuer will file one of more Current Reports on Form 8-K with the SEC describing the existence of this Agreement and the terms hereof, including the terms of the transactions contemplated thereby.
More Definitions of Support Effective Date
Support Effective Date means the date on which counterpart signature pages to this RSA shall have been executed and delivered by GDB and GDB Bondholders holding at least $1,750,000,000 in aggregate principal amount of outstanding GDB Bonds.
Support Effective Date means the date on which counterpart signature pages to this Agreement shall have been executed and delivered by (i) the Company,
Support Effective Date means the date on which the counterpart signature pages to this Agreement shall have been executed and delivered by the Company and Consenting Term Lenders (A) holding at least 662/3% in aggregate principal amount outstanding of the Term Loans and (B) representing the Required Lenders.
Support Effective Date means the date on which counterpart signature pages to this Agreement shall have been executed and delivered by (i) Debtors, (ii) the Prepetition Secured Lenders, and (iii) the Sureties.
Support Effective Date means the date on which counterpart signature pages to this Agreement, pursuant to the conditions set forth in Section 12 herein, shall have been executed and delivered by: (w) the Basic Parties, (x) Consenting Term Loan Lenders holding 100% in aggregate Term Loan Claims outstanding under the Term Loan (determined without regard to any claims held by a person or entity that is an “insider” as that term is defined in section 101(31) of the Bankruptcy Code) and (y) Consenting Noteholders holding at least 66.67% in aggregate principal amount outstanding of the Notes (determined without regard to any claims held by a person or entity that is an “insider” as that term is defined in section 101(31) of the Bankruptcy Code).
Support Effective Date means the date on which the counterpart signature pages to (i) this Agreement shall have been executed and delivered by the Company and Consenting Term Lenders (a) holding at least 662/3% in aggregate principal amount outstanding of the Term Loans and (b) representing the Required Lenders; and (ii) the Senior Notes RSA shall have been executed and delivered by the Company and the Consenting Senior Noteholders holding at least the Requisite Senior Notes Threshold.
Support Effective Date means the date on which (i) counterpart signature pages to this Support Agreement shall have been executed and delivered by (A) each of the Companies and (B) Supporting Senior Noteholders holding at least 75% of the aggregate outstanding principal amount of Senior Notes and (ii) the reasonable and documented invoiced fees and expenses of the Advisors in accordance with and subject to the engagement letters and fee letters entered into by Ayr and the Advisors shall have been paid, provided that the Advisors shall have provided the Companies with invoices for all such fees and expenses at least one (1) calendar day prior to the Support Effective Date (it being understood that failure to provide such invoice shall not preclude the applicable Advisor’s right to payment following the Effective Date).