Conditions Precedent To Plan Confirmation Sample Clauses

Conditions Precedent To Plan Confirmation. The conditions precedent to confirmation of the Plan shall include: (a) a final order, finding that the disclosure statement (the “Disclosure Statement”) contains adequate information pursuant to section 1125 of the Bankruptcy Code, shall have been entered by the Bankruptcy Court; (b) the Disclosure Statement is consistent with the Plan Support Agreement and is in form and substance reasonably satisfactory to the Debtor and the Consenting Holders; (c) the proposed confirmation order will contain authorization for the releases and injunctions contemplated herein, and will otherwise be in form and substance reasonably satisfactory to the Debtor and the Consenting Holders; (d) the Plan Support Agreement shall be in full force and effect, all payments required thereunder shall be paid in cash as required by the terms thereof, the Plan Support Agreement shall not have been terminated and there shall be no ongoing event of default thereunder (other than defaults for which the parties entitled to exercise remedies have not done so within a reasonable amount of time; (e) except as otherwise provided in the definition of “Plan Supplement” in the Plan, the Plan, including any amendments, modifications or supplements thereto, and all documentation contemplated by the Plan and the terms set forth in the plan supplement, shall be in form and substance reasonably satisfactory to the Debtor and the Consenting Holders; (f) the Final Cash Collateral Order and the Financing Order, as applicable, shall be in full force and effect, shall not have been terminated and there shall be no ongoing event of default (other than defaults for which the parties entitled to exercise remedies have not done so within a reasonable amount of time); and (g) if so requested by the Required Consenting Bondholders (as defined in the Plan Support Agreement), the Debtor shall have obtained orders of the Bankruptcy Court (i) rejecting the Territory License Agreement, dated September 1, 2009 (as amended, the “Territory License Agreement”), between the Debtor and BioMedica Life Sciences S.A. (“BioMedica”), (ii) rejecting the Supply Agreement, dated October 19, 2009 (as amended, the “Supply Agreement” and together with the “Territory License Agreement”, the “BioMedica Agreements”), between the Debtor and BioMedica, and (iii) rejecting that certain Facility Setup and Contract Manufacturing Agreement, dated October 20, 2009 (as amended, the “E&Z Agreement”), between the Debtor and Xxxxxx & Xxxxxxx Nucli...
Sample 1
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Conditions Precedent To Plan Confirmation. (i) No Termination Event (as defined in the Lock Up Agreement) has terminated the Lock Up Agreement. (ii) The Disclosure Statement has been approved. (iii) The Plan and all Plan Supplement documents, including any amendments, modifications or supplements thereto, shall be acceptable to Sopris. (iv) The Bankruptcy Court shall have entered an order confirming the Plan, which order shall be in form and substance reasonably satisfactory to the Debtors and Sopris. (v) The Company shall have entered into Accommodation Agreements on terms and conditions reasonably acceptable to Sopris.
Sample 1

Related to Conditions Precedent To Plan Confirmation

  • Conditions Precedent to the Consummation of the Purchase ---------------------------- The following are conditions precedent to the consummation of the Agreement on or before the Closing Date:

  • Conditions Precedent to EFFECTIVENESS OF SECTIONS 2.01 AND 2.03. Sections 2.01 and 2.03 of this Agreement shall become effective on and as of the first date (the "EFFECTIVE DATE") on which the following conditions precedent have been satisfied:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF EACH PARTY The obligations of each Party to effect the Merger and otherwise consummate the Contemplated Transactions to be consummated at the Closing are subject to the satisfaction or, to the extent permitted by applicable Law, the written waiver by each of the Parties, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to Obligation of Buyer Buyer's obligation to consummate the transactions contemplated by this Agreement is subject to the satisfaction, on or prior to the Closing Date, of each of the following conditions, unless otherwise waived by Buyer in writing:

  • Conditions Precedent to Funding The obligations of the Lender to make any Advance, are subject to the conditions precedent that the Lender shall have received the following, in form and substance satisfactory to the Lender:

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • Conditions Precedent to Obligation of Purchaser The obligation of Purchaser to consummate the transaction hereunder shall be subject to the fulfillment on or before the Closing Date of all of the following conditions, any or all of which may be waived by Purchaser in its sole discretion:

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