Common use of Certain Milestones Clause in Contracts

Certain Milestones. Within the time periods set forth below, perform each action with respect to the Cases of the Debtors set forth below: (A) by the date which is 30 days after the Petition Date, deliver to the Lenders a draft Approved Plan and disclosure statement; (B) by the date which is 55 days after the Petition Date, file an Approved Plan and disclosure statement with the Bankruptcy Court; (C) by the date which is 90 days after the Petition Date, obtain approval by the Bankruptcy Court of the disclosure statement, together with the solicitation, balloting and voting procedures and other related relief, related to such Approved Plan (D) by the date which is 175 days after the Petition Date, obtain confirmation of such Approved Plan by the Bankruptcy Court pursuant to section 1129 of the Bankruptcy Code; (E) by the date which is 190 days after the Petition Date, cause the effective date of the Approved Plan to occur; and (F) by the earlier to occur of (i) the Original Termination Date or (if applicable) the Extended Termination Date and (ii) the date which is 210 days after the Petition Date, consummation of the Approved Plan.

Appears in 4 contracts

Samples: Restructuring Support Agreement (Accuride Corp), Convertible Notes Commitment Agreement (Accuride Corp), Restructuring Support Agreement (Accuride Corp)

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