Common use of Confirmation Order; Plan and Disclosure Statement Clause in Contracts

Confirmation Order; Plan and Disclosure Statement. The Debtors shall use their commercially reasonable efforts to obtain entry of the Confirmation Order in accordance with the milestones set forth in Section 4 of the Plan Support Agreement, as such milestones may be amended or moved in accordance with the terms of the Plan or Plan Support Agreement. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Plan, the Disclosure Statement, the Definitive Documentation and any proposed amendment, modification, supplement or change to the Plan, the Disclosure Statement or the Definitive Documentation, and a reasonable opportunity to review and comment on such documents (and in no event less than 48 hours prior to filing the Plan, the Disclosure Statement and/or the Definitive Documentation, as applicable, with the Bankruptcy Court), and each such amendment, modification, supplement or change to the Plan or the Disclosure Statement must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the Company. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Confirmation Order (together with copies of any briefs, pleadings and motions related thereto), and a reasonable opportunity to review and comment on such Order, briefs, pleadings and motions prior to such Order, briefs, pleadings and motions being filed with the Bankruptcy Court (and in no event less than 48 hours prior to a filing of such Order, briefs, pleadings or motions with the Bankruptcy Court), and such Order, briefs, pleadings and motions must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the Company.

Appears in 2 contracts

Samples: Backstop Commitment Agreement (Ultra Petroleum Corp), Backstop Commitment Agreement (Ultra Petroleum Corp)

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Confirmation Order; Plan and Disclosure Statement. The Debtors shall use their commercially reasonable efforts to obtain entry of the Confirmation Order in accordance with the milestones set forth in Section 4 of the Plan Support Agreement, as such milestones may be amended or moved in accordance with the terms of the Plan or Plan Support AgreementOrder. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Plan, Plan and the Disclosure Statement, the Definitive Documentation Statement and any proposed amendment, modification, supplement or change to the Plan, Plan or the Disclosure Statement or the Definitive DocumentationStatement, and a reasonable opportunity to review and comment on such documents (and in no event less than 48 hours prior to filing the Plan, Plan and/or the Disclosure Statement and/or the Definitive DocumentationStatement, as applicable, with the Bankruptcy Court), and each such amendment, modification, supplement or change to the Plan or the Disclosure Statement must be consistent with the Restructuring Term Sheet and this Agreement and otherwise in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and satisfactory to the Company. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Confirmation Order (together with copies of any briefs, pleadings and motions related thereto), and a reasonable opportunity to review and comment on such Order, briefs, pleadings and motions prior to such Order, briefs, pleadings and motions being filed with the Bankruptcy Court (and in no event less than 48 hours prior to a filing of such Order, briefs, pleadings or motions with the Bankruptcy Court), and such Order, briefs, pleadings and motions must be consistent with the Restructuring Term Sheet and this Agreement and otherwise in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and satisfactory to the Company.

Appears in 1 contract

Samples: Equity Investment Agreement (Vanguard Natural Resources, LLC)

Confirmation Order; Plan and Disclosure Statement. The Debtors shall use their commercially reasonable efforts to obtain entry of the Confirmation Order in accordance with the milestones set forth in Section 4 of the Plan Support Agreementon or before October 31, 2018, as such milestones deadline may be amended or moved in accordance with the terms by agreement of the Plan or Plan Support AgreementParties. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties a copy of the proposed Plan, the Disclosure Statement, the Definitive Documentation Transaction Agreements and any proposed amendment, modification, supplement or change to the Plan, the Disclosure Statement or the Definitive DocumentationTransaction Agreements, and a reasonable opportunity to review and comment on such documents (and in no event less than 48 forty-eight (48) hours prior to filing the Plan, the Disclosure Statement and/or the Definitive DocumentationTransaction Agreements, as applicable, with the Bankruptcy Court), and each such amendment, modification, supplement or change to the Plan or the Disclosure Statement must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the CompanyCompany insofar as they address the subject matter of this Agreement. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties a copy of the proposed Confirmation Order (together with copies of any briefs, pleadings and motions related thereto), and a reasonable opportunity to review and comment on such Order, briefs, pleadings and motions prior to such Order, briefs, pleadings and motions being filed with the Bankruptcy Court (and in no event less than 48 hours prior to a filing of such Order, briefs, pleadings or motions with the Bankruptcy Court), and such Order, briefs, pleadings and motions must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the CompanyCompany insofar as they address the subject matter of this Agreement.

Appears in 1 contract

Samples: Commitment Agreement (Pacific Drilling S.A.)

Confirmation Order; Plan and Disclosure Statement. The Debtors shall use their commercially reasonable efforts to obtain entry of the Confirmation Order in accordance with the milestones set forth in Section 4 of the Plan Support Agreement, as such milestones may be amended or moved in accordance with the terms of the Plan or Plan Support AgreementOrder. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Plan, Plan and the Disclosure Statement, the Definitive Documentation Statement and any proposed amendment, modification, supplement or change to the Plan, Plan or the Disclosure Statement or the Definitive DocumentationStatement, and a reasonable opportunity to review and comment on such documents (and in no event less than 48 hours prior to filing the Plan, Plan and/or the Disclosure Statement and/or the Definitive DocumentationStatement, as applicable, with the Bankruptcy Court), and each such amendment, modification, supplement or change to the Plan P lan or the Disclosure Statement must be consistent with the Restructuring Term Sheet and this Agreement and otherwise in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and satisfactory to the Company. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Confirmation Order (together with copies of any briefs, pleadings and motions related thereto), and a reasonable opportunity to review and comment on such Order, briefs, pleadings and motions prior to such Order, briefs, pleadings and motions being filed with the Bankruptcy Court (and in no event less than 48 hours prior to a filing of such Order, briefs, pleadings or motions with the Bankruptcy Court), and such Order, briefs, pleadings and motions must be consistent with the Restructuring Term Sheet and this Agreement and otherwise in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and satisfactory to the Company.. Section 6.3

Appears in 1 contract

Samples: Investment Agreement (Vanguard Natural Resources, Inc.)

Confirmation Order; Plan and Disclosure Statement. The Debtors shall use their commercially reasonable efforts to obtain entry of the Confirmation Order in accordance with the milestones set forth in Section 4 of the Plan Support Agreement, as such milestones may be amended or moved in accordance with the terms of the Plan or Plan Support AgreementOrder. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Plan, Plan and the Disclosure Statement, the Definitive Documentation Statement and any proposed amendment, modification, supplement or change to the Plan, Plan or the Disclosure Statement or the Definitive DocumentationStatement, and a reasonable opportunity to review and comment on such documents (and in no event less than 48 hours prior to filing the Plan, Plan and/or the Disclosure Statement and/or the Definitive DocumentationStatement, as applicable, with the Bankruptcy Court), and each such amendment, modification, supplement or change to the Plan or the Disclosure Statement must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the Company. The Company shall provide to each of the Commitment Parties and its counsel a copy of the proposed Confirmation Order (together with copies of any briefs, pleadings and motions related thereto), and a reasonable opportunity to review and comment on such Order, briefs, pleadings and motions prior to such Order, briefs, pleadings and motions being filed with the Bankruptcy Court (and in no event less than 48 hours prior to a filing of such Order, briefs, pleadings or motions with the Bankruptcy Court), and such Order, briefs, pleadings and motions must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the Company.

Appears in 1 contract

Samples: Equity Investment Agreement (Vanguard Natural Resources, LLC)

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Confirmation Order; Plan and Disclosure Statement. The Debtors shall use their commercially reasonable efforts to obtain entry of the Confirmation Order in accordance with the milestones set forth in Section 4 13 of the Plan Support Agreement, as such milestones may be amended or moved in accordance with the terms of the Plan or Plan Support Agreement. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties a copy of the proposed Plan, the Disclosure Statement, the Definitive Documentation Documents and any proposed amendment, modification, supplement or change to the Plan, the Disclosure Statement or the Definitive DocumentationDocuments, and a reasonable opportunity to review and comment on such documents (and in no event less than 48 forty-eight (48) hours prior to filing the Plan, the Disclosure Statement and/or the Definitive DocumentationDocuments, as applicable, with the Bankruptcy Court), and each such amendment, modification, supplement or change to the Plan or the Disclosure Statement must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the Company. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties a copy of the proposed Confirmation Order (together with copies of any briefs, pleadings and motions related thereto), and a reasonable opportunity to review and comment on such Order, briefs, pleadings and motions prior to such Order, briefs, pleadings and motions being filed with the Bankruptcy Court (and in no event less than 48 hours prior to a filing of such Order, briefs, pleadings or motions with the Bankruptcy Court), and such Order, briefs, pleadings and motions must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the Company.

Appears in 1 contract

Samples: Commitment Agreement (Pacific Drilling S.A.)

Confirmation Order; Plan and Disclosure Statement. The Debtors shall use their commercially reasonable efforts to obtain entry of the Confirmation Order in accordance with the milestones set forth in Section 4 13 of the Plan Support Agreement, as such milestones may be amended or moved in accordance with the terms of the Plan or Plan Support Agreement. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties a copy of the proposed Plan, the Disclosure Statement, the Definitive Documentation Documents and any proposed amendment, modification, supplement or change to the Plan, the Disclosure Statement or the Definitive DocumentationDocuments, and a reasonable opportunity to review and comment on such documents (and in no event less than 48 forty-eight (48) hours prior to filing the Plan, the Disclosure Statement and/or the Definitive DocumentationDocuments, as applicable, with the Bankruptcy Court), and each such amendment, modification, supplement or change to the Plan or the Disclosure Statement must be in form and substance reasonably satisfactory to each of the 17-13193-mew Doc 542-3 Filed 08/29/18 Entered 08/29/18 19:09:16 Exhibit C: A&R Commitment Agreement Pg 26 of 60 Requisite Commitment Parties and the Company. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties a copy of the proposed Confirmation Order (together with copies of any briefs, pleadings and motions related thereto), and a reasonable opportunity to review and comment on such Order, briefs, pleadings and motions prior to such Order, briefs, pleadings and motions being filed with the Bankruptcy Court (and in no event less than 48 hours prior to a filing of such Order, briefs, pleadings or motions with the Bankruptcy Court), and such Order, briefs, pleadings and motions must be in form and substance reasonably satisfactory to each of the Requisite Commitment Parties and the Company.

Appears in 1 contract

Samples: Commitment Agreement

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