Exit Facility. The Exit Facility, if it is to be entered into pursuant to the Plan, shall have become effective; and
Appears in 3 contracts
Samples: Private Placement Agreement, Private Placement Agreement (Peabody Energy Corp), Backstop Commitment Agreement (Peabody Energy Corp)
Exit Facility. The Exit Facility, if it is to be entered into pursuant to the Plan, Facility shall have become effective; andeffective and shall otherwise be in form and substance substantially in accordance with the Restructuring Term Sheet, or as otherwise set forth in the Plan and with the consent of the Requisite Commitment Parties.
Appears in 2 contracts
Samples: Backstop Commitment and Equity Investment Agreement (Vanguard Natural Resources, Inc.), Backstop Commitment and Equity Investment Agreement (Vanguard Natural Resources, LLC)