Conditions to the Plan. The conditions to the occurrence of the Plan Effective Date set forth in the Plan and the Confirmation Order shall have been satisfied in all material respects in accordance with the terms of the Plan or waived by the Required Backstop Parties, and the Plan Effective Date shall have occurred or be deemed to have occurred.
Appears in 2 contracts
Samples: Backstop Commitment Agreement (California Resources Corp), Backstop Commitment Agreement (California Resources Corp)
Conditions to the Plan. The conditions to the occurrence of the Plan Effective Date set forth in the Plan and the Confirmation Order shall have been satisfied in all material respects or, with the prior written consent of the Required Backstop Parties, waived in accordance with the terms of the Plan or waived by the Required Backstop Parties, thereof and the Plan Effective Date shall have occurred or be deemed to have occurredPlan.
Appears in 2 contracts
Samples: Backstop Commitment Agreement (C&J Energy Services Ltd.), Backstop Commitment Agreement
Conditions to the Plan. The conditions to the occurrence of the Plan Effective Date of the Plan set forth in the Plan and the Confirmation Order shall have been satisfied in all material respects or, with the prior written consent of the Requisite Plan Sponsors, waived in accordance with the terms thereof and the Plan and the Confirmation Order and the Effective Date of the Plan or waived by the Required Backstop Parties, and the Plan Effective Date shall have occurred or be deemed to have occurred.
Appears in 1 contract
Samples: Unit Purchase and Support Agreement (Horsehead Holding Corp)
