Common use of Mutual Termination; Automatic Termination Clause in Contracts

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Support Parties. This Agreement shall terminate automatically upon the occurrence of the Effective Date.

Appears in 3 contracts

Samples: Restructuring Support Agreement (Enviva Inc.), Restructuring Support Agreement, Restructuring Support Agreement (Unit Corp)

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Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Support PartiesRequisite Supermajority Consenting Creditors. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Plan Effective Date.

Appears in 2 contracts

Samples: Restructuring Support Agreement, Restructuring Support Agreement (Seventy Seven Energy Inc.)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (ai) each of the Debtors Debtors, (ii) the Required Consenting Noteholders and (biii) each of the Restructuring Support Parties. This Agreement shall terminate automatically upon the occurrence of the Effective Date.Required

Appears in 1 contract

Samples: Restructuring Support Agreement

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (ai) each of the Debtors Debtors, (ii) Lightship and (biii) each of the Restructuring Support PartiesFirst Lien Agent. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Effective Plan Consummation Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Rand Logistics, Inc.)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each the Ultra Entities and all of the Debtors and (b) each of the Restructuring Plan Support Parties. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Effective Dateeffective date of the Plan.

Appears in 1 contract

Samples: Bankruptcy Agreement (Ultra Petroleum Corp)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (ai) each of the Debtors and (bii) each of the Restructuring Support Requisite Commitment Parties. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically without any further required action or notice upon the occurrence of the Effective DateDate of the Plan and either the expiration of the appeal period with respect to the Confirmation Order if no appeals are filed or, if any appeal of the Confirmation Order is filed, the conclusion of such appeal.

Appears in 1 contract

Samples: Plan Support Agreement (Hertz Corp)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Majority Plan Support Parties. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Effective Date.

Appears in 1 contract

Samples: Plan Support Agreement (Energy XXI LTD)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Support Parties. This Agreement shall otherwise terminate automatically upon the occurrence of the effective date under the Plan (the “Plan Effective Date”).

Appears in 1 contract

Samples: Restructuring Support Agreement (Enviva Inc.)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (ai) each of the Debtors Debtors, (ii) the Required Consenting Noteholders and (biii) each of the Restructuring Support PartiesRequired Consenting Lenders. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence consummation of the Effective DateRestructuring Transaction.

Appears in 1 contract

Samples: Restructuring Support Agreement (Rex Energy Corp)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Support PartiesPurchaser (the “Mutual Termination Event” and together with the Purchaser Termination Events and the Debtor Termination Events, the “Termination Events”). This Agreement shall terminate automatically upon the occurrence of the Effective Date.

Appears in 1 contract

Samples: Transaction Support Agreement (Capstone Green Energy Corp)

Mutual Termination; Automatic Termination. This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual agreement by and among the Company, the Majority Consenting Lenders, and the Majority Consenting Equity Holders. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Support Parties. This Agreement shall terminate automatically upon on the occurrence of the Effective Consummation Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (EveryWare Global, Inc.)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) MHRC, on behalf of itself and each of the Debtors other Debtor, and (b) each of the Restructuring Support Parties. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Magnum Hunter Resources Corp)

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Mutual Termination; Automatic Termination. (a) This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors Chaparral Parties and the Consenting Creditors. (b) each of Notwithstanding anything in this Agreement to the Restructuring Support Parties. This contrary, this Agreement shall terminate automatically upon the occurrence of the Plan Effective Date.

Appears in 1 contract

Samples: Plan Support Agreement (Chaparral Energy, Inc.)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Support Parties. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Energy XXI LTD)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all the Parties hereunder may be terminated by mutual written agreement by the Just Energy Entities and among (a) each of the Debtors and (b) each of Plan Sponsor. Notwithstanding anything in this Agreement to the Restructuring Support Parties. This contrary, this Agreement shall terminate automatically in respect of all Parties upon termination by the Company under Section 12(b) or upon the occurrence of the Effective DateDate of the Plan.

Appears in 1 contract

Samples: Plan Support Agreement (Just Energy Group Inc.)

Mutual Termination; Automatic Termination. This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual agreement by and among the Company and the Majority Consenting Lenders. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors and (b) each of the Restructuring Support Parties. This Agreement shall terminate automatically upon on the occurrence of the Effective Consummation Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (Eagle Bulk Shipping Inc.)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by among each Debtor and among (a) each of the Debtors and (b) each of Requisite Majority Consenting Noteholders. Notwithstanding anything in this Agreement to the Restructuring Support Parties. This contrary, this Agreement shall terminate automatically (i) upon the occurrence of the Effective Date or (ii) on the date twelve (12) months after the Petition Date (the “Outside Date”).

Appears in 1 contract

Samples: Restructuring Support Agreement (DENVER PARENT Corp)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) each of the Debtors Chaparral Parties and (b) each of the Restructuring Support PartiesConsenting Noteholders. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Effective Dateeffective date of the Plan.

Appears in 1 contract

Samples: Restructuring Support Agreement (Chaparral Energy, Inc.)

Mutual Termination; Automatic Termination. This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among (a) EVEP, on behalf of itself and each of other Debtor, the Debtors EnerVest Parties, the Required Consenting RBL Lenders, and (b) each of the Restructuring Support PartiesRequired Consenting Noteholders. This Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically upon the occurrence of the Effective Date.

Appears in 1 contract

Samples: Restructuring Support Agreement (EV Energy Partners, LP)

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