Commitments of the Company Parties. Commencing on the RSA Effective Date, and for so long as the Termination Date (as defined herein) has not occurred with respect to such Company Party, each Company Party, jointly and severally, agrees to use commercially reasonable efforts to:
(a) support the Restructuring and Restructuring Transactions, as contemplated under this Agreement and the Restructuring Term Sheet;
(b) no later than the Outside Date, consummate the Restructuring and Restructuring Transactions, and take any and all commercially reasonable and appropriate actions in furtherance of the Restructuring and Restructuring Transactions, as contemplated under this Agreement and the Restructuring Term Sheet;
(c) negotiate and consult in good faith with the TSG Sponsor, the LCG Sponsor, and Consenting Lenders (who are party to the applicable Definitive Documents) regarding the terms and conditions of the Definitive Documents, and execute and deliver in a timely manner any documents that may be required to effectuate and consummate the Restructuring and Restructuring Transactions;
(d) obtain, file, submit or register any and all required governmental, regulatory and third-party approvals that are necessary or advisable for the Restructuring and Restructuring Transactions;
(e) conduct, and cause its subsidiaries to conduct, their businesses and operations only in the ordinary course in a manner that is consistent with past practices and in compliance with Law, and use commercially reasonable efforts to preserve intact their business organization and relationships with third parties and employees;
(f) to the extent any legal or structural impediment arises that would prevent, hinder, or delay the consummation of the Restructuring or Restructuring Transactions, negotiate in good faith appropriate additional or alternative provisions to address any such impediment;
(g) subject to the fiduciary obligations of each Company Party and its respective board of directors, board of managers, or similar governing body, take no action that is inconsistent in any material respect with, or that is intended or reasonably likely to interfere with, or otherwise delay or impede, in any material respect the Restructuring or Restructuring Transactions, this Agreement, the Restructuring Term Sheet or any of the Definitive Documents;
(h) comply with any and all obligations of the Company required during the Forbearance Period (as defined in that certain Forbearance and Amendment No. 4 to Credit and Security Agreement...
Commitments of the Company Parties