Common use of Chief Restructuring Officer Clause in Contracts

Chief Restructuring Officer. Maintain at all times (other than as a result of not being approved by the Bankruptcy Court), a chief restructuring officer acceptable to the Required Lenders (it being understood that Xxxxx Xxxx is acceptable) with responsibilities reasonably satisfactory to the Required Lenders.

Chief Restructuring Officer. Maintain at all times (other than as a result of not being approved by the Bankruptcy Court), a chief restructuring officer acceptable to the Required Lenders (it being understood that Xxxxx Xxxx of Mackinac Partners is acceptableacceptable to Required Lenders) with responsibilities reasonably satisfactory to the Required Lenders.