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 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 shall terminate automatically on the Consummation Date.

Appears in 1 contract

Samples: EveryWare Global, Inc.

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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 otherwise terminate automatically on upon the Consummation 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 agreement by and among the Company, the Majority Consenting Lenders, and the Majority Consenting Equity Holders. This Agreement and the obligations of all the Parties hereunder may be terminated by mutual written agreement by the Just Energy Entities and the Plan Sponsor. Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically on in respect of all Parties upon termination by the Consummation DateCompany under Section 12(b) or upon the occurrence of the Effective Date 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, 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) the Purchaser (the “Mutual Termination Event” and together with the Purchaser Termination Events and the Debtor Termination Events, the “Termination Events”). This Agreement shall terminate automatically on upon the Consummation occurrence of the Effective Date.

Appears in 1 contract

Samples: Capstone Green Energy Corp

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Mutual Termination; Automatic Termination. This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual agreement by and among the Company, Company and the Majority Consenting Lenders, and the Majority Consenting Equity Holders. This Agreement and the obligations of all Parties hereunder shall terminate automatically on the Consummation Date.

Appears in 1 contract

Samples: Credit Agreement (Eagle Bulk Shipping 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, 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 (i) each of the Debtors, (ii) Lightship and (iii) the First Lien Agent. Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically on upon the Plan Consummation Date.

Appears in 1 contract

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

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