Common use of Plan Treatment Clause in Contracts

Plan Treatment. None of the Second Lien Collateral Agent or any other Second Lien Claimholder shall seek (or cause or support any other Person to seek) the filing or confirmation of any plan of reorganization or liquidation or similar dispositive plan that does not expressly provide for the Discharge of First Lien Obligations on the plan’s effective date.

Appears in 3 contracts

Samples: Intercreditor Agreement (KCG Holdings, Inc.), Intercreditor Agreement (KCG Holdings, Inc.), Intercreditor Agreement (KCG Holdings, Inc.)

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Plan Treatment. None of Neither the Second Lien Collateral Agent or nor any other Second Lien Claimholder Secured Party shall seek (or cause or support any other Person to seek) the filing or confirmation of any plan of reorganization or liquidation or similar dispositive plan that does not expressly provide for the Discharge of First Lien Obligations on the plan’s effective date.

Appears in 1 contract

Samples: Intercreditor Agreement (Lmi Aerospace Inc)

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