Additional Provisions Regarding Sponsor Commitments Sample Clauses

Additional Provisions Regarding Sponsor Commitments. Notwithstanding anything to the contrary herein, nothing in this Agreement shall: (a) affect the ability of any Sponsor to consult with any other Sponsor, the Company, or any other party in interest in the Company’s chapter 11 cases (including any official committee or the United States Trustee); (b) impair or waive the rights of any Sponsor to assert or raise any objection permitted under this Agreement in connection with the Transaction; (c) prevent any Sponsor from enforcing this Agreement or any Definitive Document, or from contesting whether any matter, fact, or thing is a breach of, or is inconsistent with, such documents; (d) prevent any Sponsor from taking any customary perfection step or other action as is necessary to preserve or defend the validity or existence of its Claims and Interests (including, without limitation, the filing of proofs of claim); or (e) require any Sponsor to incur any expenses, liabilities or other obligations, or agree to any commitments, undertakings, concessions, indemnities or other arrangements that could result in expenses, liabilities, or other obligations to any Sponsor that are not reimbursable or indemnified by the Company; provided, that nothing in the foregoing clause (e) shall serve to limit, alter, or modify any Sponsor’s express obligations under the terms of this Agreement.
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Related to Additional Provisions Regarding Sponsor Commitments

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