Common use of Certain Milestones Clause in Contracts

Certain Milestones. The Company shall comply with the milestones (the “Milestones”) set forth below on or before the dates specified below: (i) By no later than April 8, 2013, deliver a comprehensive draft of the Reorganization Plan (which will set forth, among other things, KPP claim treatment, treatment for each class of claims and interests (including proposed terms of any debt to be issued and proposed equity splits), a description of corporate governance mechanics (including provisions to address the selection of officers and directors of the post-reorganization Company), and post- reorganization capital structure) and related disclosure statement in connection with the Reorganization Plan to the advisors to the Lead Lenders. (ii) By no later than April 30, 2013, file the Reorganization Plan and the disclosure statement with the Bankruptcy Court. (iii) By no later than June 30, 2013, an order shall be entered by the Bankruptcy Court, in form and substance reasonably satisfactory to the Required Lead Lenders, approving the disclosure statement. (iv) By no later than September 15, 2013, an order shall be entered by the Bankruptcy Court, in form and substance reasonably satisfactory to the Required Lead Lenders, approving the Reorganization Plan.