Creditors’ Support Sample Clauses

Creditors’ Support. 1. Initial Supporting Creditors Certain holders of the Existing Notes as listed in Schedule 1 who have agreed and signed this Term Sheet (each, an “Initial Supporting Creditor”). Schedule 1 to this Term Sheet and the signature pages of the Initial Supporting Creditors shall be redacted and not be disclosed publicly (other than to the legal, financial or other advisors or such information or other agents or service providers for the purposes of the Restructuring of the Issuer, the Parent Guarantor and the subsidiaries of the Parent Guarantor (together, the “Group”)) without the prior written consent of the relevant Initial Supporting Creditor provided that the Issuer and/or the Parent Guarantor may disclose this Term Sheet and its content to any court or regulatory or self-regulatory body in proceedings relating to the Issuer, the Parent Guarantor and any other member of the Group or where required by any applicable rule or law, including but not limited to, for the avoidance of doubt, any requirement to make full and ▇▇▇▇▇ disclosure as part of any court application made by, or on behalf of, the Issuer, the Parent Guarantor and any other member of the Group. 2. Support Undertakings Subject to the Limitations (as defined below), each Party intends to use reasonable endeavours to agree on the Restructuring Documents, which shall provide, among others, each Party shall use reasonable endeavours to: (a) negotiate with each other Party in good faith, with the view to agreeing and finalizing the long form documentation in respect of the Restructuring in a timely manner and consistently with this Term Sheet in material respect; (b) assist, cooperate and take all steps as may be necessary or desirable to progress, implement or consummate the Restructuring in a timely manner and consistently with this Term Sheet in material respect; and (c) in the case of each Party (other than the Issuer and the Parent Guarantor), provide commercially reasonable assistance to the Issuer, the Parent Guarantor and any member of the Group in defending against any adverse action taken by another creditor which may delay, impede, or prevent the implementation or consummation of the Restructuring, including: (i) providing written confirmation to any other party that it supports the Restructuring; and (ii) preparing and filing any submission or appearing at any court proceeding which is reasonably requested by any member of the Group and is necessary or desirable to support, facilitate, ...