Common use of Orders Generally Clause in Contracts

Orders Generally. The Company and the Reorganized Company shall support and use commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order and the DIP Order, and (b) cause the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order and the DIP Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide to each of the Commitment Parties and its counsel copies of any proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order and the DIP Order (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, and the proposed DIP Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) hours prior to such filing), and such Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order and the DIP Order, and any of the motions seeking entry of such Orders, shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company.

Appears in 2 contracts

Samples: Backstop Commitment Agreement (Bristow Group Inc), Backstop Commitment Agreement

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Orders Generally. The Company and the Reorganized Company Debtors shall support and use make commercially reasonable efforts, consistent with the Restructuring Plan Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order, and (b) cause the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Plan Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide to each of the Commitment Parties and its counsel copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, Disclosure Statement Order and the proposed DIP Approval Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) 48 hours prior to such filing), and such Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, the and Confirmation Order and the DIP Order, and any of the motions seeking entry of such Orders, shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company.

Appears in 2 contracts

Samples: Backstop Commitment Agreement (Ultra Petroleum Corp), Backstop Commitment Agreement (Ultra Petroleum Corp)

Orders Generally. The Company and the Reorganized Company Debtors shall support and use make commercially reasonable efforts, consistent with the Restructuring Plan Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order, and (b) cause the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Plan Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, Disclosure Statement Order and the proposed DIP Approval Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) 48 hours prior to such filing), and such Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, the and Confirmation Order and the DIP Order, and any of the motions seeking entry of such Orders, shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company.

Appears in 2 contracts

Samples: Commitment Agreement (Pacific Drilling S.A.), Commitment Agreement

Orders Generally. The Company and the Reorganized Company shall support and use make commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP OrderOrders, and (b) cause the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP Order Orders to become Final Orders (and request that such Orders become Final Orders effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide to each of the Commitment Parties and its counsel copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP Order Orders (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, Order and the proposed DIP OrderOrders), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (Court, and such motions and such Order must be in no event less than forty-eight (48) hours form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Unless otherwise determined by the Requisite Commitment Parties, counsel to the Commitment Parties will provide the Company and its counsel with copies of the proposed Approval Order, and a reasonable opportunity to review and comment on such Orders prior to such filing)Orders being filed with the Bankruptcy Court, and such Orders must shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Any amendments, modifications, changes, or supplements to any of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP OrderOrders, and any of the motions seeking entry of such Orders, shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company.

Appears in 2 contracts

Samples: Backstop Commitment Agreement (Penn Virginia Corp), Backstop Commitment Agreement

Orders Generally. The Company and the Reorganized Company shall support and use make commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and any DIP Orders supported by the DIP OrderRequisite Commitment Parties, and (b) cause the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and any DIP Orders supported by the DIP Order Requisite Commitment Parties to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide comply with Section 3 of the Restructuring Support Agreement with respect to providing each of the Commitment Parties and its counsel copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP Order Orders (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation OrderBCA Approval Order and the DIP Orders), and the proposed BCA Approval Order, the Plan Solicitation Order, the Confirmation Order and the DIP Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) hours prior to such filing), and such Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP OrderOrders, and any of the motions seeking entry of such Orders, shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company; provided, that notwithstanding the foregoing, it shall not be a breach of this Section 6.1 for the Debtors to propose or support entry of an Interim DIP Order or a Final DIP Order sought pursuant to the First Day DIP Motion, in each case, subject to the rights of the Commitment Parties to oppose entry of, or seek other relief in connection with, such an Interim DIP Order or Final DIP Order.

Appears in 1 contract

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

Orders Generally. The Company and the Reorganized Company Equity Commitment Parties shall support and use their respective commercially reasonable efforts, consistent with the Restructuring Plan Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreementcontained therein) and the Plan, to (a) obtain the entry of the BCA EPCA Approval Order, the Plan Solicitation Order, the Confirmation Disclosure Statement Order and the DIP Confirmation Order, and (b) cause the BCA EPCA Approval Order, the Plan Solicitation OrderDisclosure Statement Order and, the Confirmation Order and the DIP Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicablepractical, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Plan Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall shall, to the extent reasonably practicable, provide Milbank LLP and Willkie LLP, no later than three (3) calendar days prior to each filing with the Bankruptcy Court, to the extent reasonably practicable, copies of the Commitment Parties and its counsel copies of any proposed motions seeking entry of the BCA the, EPCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order, any other Order necessary or otherwise sought to effectuate the Transaction and the DIP Order (together with the proposed BCA EPCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Disclosure Statement Order, and the proposed DIP Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed Confirmation Order must be consistent with the Bankruptcy Court (Plan Support Agreement, the Plan and in no event less than forty-eight (48) hours prior to such filing), this Agreement and such Orders must be otherwise in form and substance reasonably satisfactory acceptable to the Requisite Equity Commitment Parties and the Company. Any material amendments, modifications, changes, or supplements to the BCA EPCA Approval Order, the Plan Solicitation Disclosure Statement Order, the Confirmation Order and the DIP Order, any other Order necessary or otherwise sought to effectuate the Transaction and any of the motions seeking entry of such Orders, shall must be consistent with the Plan Support Agreement, the Plan and this Agreement and otherwise in form and substance reasonably satisfactory acceptable to the Requisite Equity Commitment Parties and the Company.

Appears in 1 contract

Samples: Equity Purchase and Commitment Agreement (Hertz Corp)

Orders Generally. The Company and the Reorganized Company shall support and use make commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Order, and the Confirmation Order and the DIP Order, and (b) cause the BCA Approval Order, the Plan Solicitation Order, and the Confirmation Order and the DIP Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide to each of the Commitment Parties and its counsel copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Order, and the Confirmation Order and the DIP Order (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, Order and the proposed DIP BCA Approval Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) 48 hours prior to such filing), and such Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Order, the and Confirmation Order and the DIP Order, and any of the motions seeking entry of such Orders, shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company.

Appears in 1 contract

Samples: Backstop Commitment Agreement (Linn Energy, LLC)

Orders Generally. The Company and the Reorganized Company shall support and use make commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and any DIP Orders supported by the DIP OrderRequisite Commitment Parties, and (b) cause the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and any DIP Orders supported by the DIP Order Requisite Commitment Parties to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide comply with Section 3 of the Restructuring Support Agreement with respect to providing each of the Commitment Parties and its counsel copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP Order Orders (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation OrderBCA Approval Order and the DIP Orders), and the proposed BCA Approval Order, the Plan Solicitation Order, the Confirmation Order and the DIP Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) hours prior to such filing), and such Orders must be consistent with the Restructuring Term Sheet and this Agreement and otherwise in form and substance reasonably satisfactory to the Requisite Commitment Parties and satisfactory to the Company. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP OrderOrders, and any of the motions seeking entry of such Orders, shall be consistent with Restructuring Term Sheet and this Agreement and otherwise in form and substance reasonably satisfactory to the Requisite Commitment Parties and satisfactory to the Company; provided, that notwithstanding the foregoing, it shall not be a breach of this Section 6.1 for the Debtors to have proposed or supported entry of an Interim DIP Order, prior to May 1, 2017, that was not supported by the Requisite Commitment Parties.

Appears in 1 contract

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

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Orders Generally. The Company and the Reorganized Company Equity Commitment Parties shall support and use their respective commercially reasonable efforts, consistent with the Restructuring Plan and the Plan Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plancontained therein), to (a) obtain the entry of the BCA EPCA Approval Order, the Plan Solicitation Disclosure Statement Order, the Confirmation Order approving the Rights Offering Procedures, and the DIP Confirmation Order, and (b) cause the BCA EPCA Approval Order, the Plan Solicitation Order, the Confirmation Disclosure Statement Order and the DIP Confirmation Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, Rules and the Restructuring Plan Support Agreement, Agreement following the filing of the respective motion seeking entry of such Orders. The Company shall shall, to the extent reasonably practicable, provide Kxxxxxxx & Exxxx and Paul, Weiss, no later than three (3) calendar days prior to each filing with the Bankruptcy Court, to the extent reasonably practicable, copies of the Commitment Parties and its counsel copies of any proposed motions seeking entry of the BCA EPCA Approval Order, the Plan Solicitation Disclosure Statement Order, the Confirmation Order approving the Rights Offering Procedures, and the DIP Confirmation Order, any other Order (together with necessary or otherwise sought to effectuate the proposed BCA Restructuring and the EPCA Approval Order, the proposed Plan Solicitation Disclosure Statement Order, the proposed Confirmation OrderOrder approving the Rights Offering Procedures, and the proposed DIP Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed Confirmation Order must be consistent with the Bankruptcy Court (Plan Support Agreement, the Plan and in no event less than forty-eight (48) hours prior to such filing), this Agreement and such Orders must be otherwise in form and substance reasonably satisfactory acceptable to the Requisite Commitment Parties Plan Sponsors and the Company. Any material amendments, modifications, changes, or supplements to the BCA EPCA Approval Order, the Plan Solicitation Disclosure Statement Order, Confirmation Order, the Confirmation Order and approving the DIP OrderRights Offering Procedures, any other Order necessary or otherwise sought to effectuate the Restructuring and any of the motions seeking entry of such Orders, shall must be consistent with the Plan Support Agreement, the Plan and this Agreement and otherwise in form and substance reasonably satisfactory acceptable to the Requisite Commitment Parties Plan Sponsors and the Company.

Appears in 1 contract

Samples: Equity Purchase and Commitment Agreement (Hertz Corp)

Orders Generally. The Company and the Reorganized Company Debtors shall support and use make commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, efforts to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order, and (b) cause the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, Code and the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide to each of the Commitment Parties Parties, Reserve Parties, QPGL and its their respective counsel copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, Disclosure Statement Order and the proposed DIP Approval Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) 48 hours prior to such filing), and such Orders must be consistent with the terms of this Agreement and otherwise be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the CompanyCompany (insofar as they address the subject matter of this Agreement) and QPGL (solely with respect to those provisions that implement the QP Private Placement or the Global Settlement). Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, the and Confirmation Order and the DIP Order, and any of the motions seeking entry of such Orders, shall be consistent with the terms of this Agreement and otherwise be in form and substance reasonably satisfactory acceptable to the Requisite Required Commitment Parties and the CompanyCompany (insofar as they address the subject matter of this Agreement) and QPGL (solely with respect to those provisions that implement the QP Private Placement or the Global Settlement).

Appears in 1 contract

Samples: Commitment Agreement (Pacific Drilling S.A.)

Orders Generally. The Company and the Reorganized Company shall support and use make commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and any DIP Orders supported by the DIP OrderRequisite Commitment Parties, and (b) cause the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and any DIP Orders supported by the DIP Order Requisite Commitment Parties to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide comply with Section 3 of the Restructuring Support Agreement with respect to providing each of the Commitment Parties and its counsel copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order Order, and the DIP Order Orders (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, BCA Approval Order and the proposed DIP OrderOrders), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) hours prior to such filing), and such Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Order, the Confirmation Order and the DIP Order, and any of the motions seeking entry of such Orders, shall Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the Company.. Any amendments,

Appears in 1 contract

Samples: Investment Agreement (Vanguard Natural Resources, Inc.)

Orders Generally. The Company and the Reorganized Company Debtors shall support and use make commercially reasonable efforts, consistent with the Restructuring Support Agreement (including the milestones set forth in Section 6.02(f) of the Restructuring Support Agreement) and the Plan, efforts to (a) obtain the entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order, and (b) cause the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order to become Final Orders (and request that such Orders become effective immediately upon entry by the Bankruptcy Court pursuant to a waiver of Rules 3020(e) 3020 and 6004(h) of the Bankruptcy Rules, as applicable), in each case, as soon as reasonably practicable, consistent with the Bankruptcy Code, Code and the Bankruptcy Rules, and the Restructuring Support Agreement, following the filing of the respective motion seeking entry of such Orders. The Company shall provide to each of the Commitment Parties and its counsel designated by the Commitment Parties copies of any the proposed motions seeking entry of the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, and the Confirmation Order and the DIP Order (together with the proposed BCA Approval Order, the proposed Plan Solicitation Order, the proposed Confirmation Order, Disclosure Statement Order and the proposed DIP Approval Order), and a reasonable opportunity to review and comment on such motions and such Orders prior to such motions and such Orders being filed with the Bankruptcy Court (and in no event less than forty-eight (48) 48 hours prior to such filing), and such Orders must be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the CompanyCompany insofar as they address the subject matter of this Agreement. Any amendments, modifications, changes, or supplements to the BCA Approval Order, the Plan Solicitation Disclosure Statement Order, the and Confirmation Order and the DIP Order, and any of the motions seeking entry of such Orders, shall be in form and substance reasonably satisfactory to the Requisite Commitment Parties and the CompanyCompany insofar as they address the subject matter of this Agreement.

Appears in 1 contract

Samples: Commitment Agreement (Pacific Drilling S.A.)

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