Common use of Exit Facility Clause in Contracts

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)

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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 1 contract

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

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