Common use of Protection Against Discriminatory Treatment Clause in Contracts

Protection Against Discriminatory Treatment. To the extent provided by section 525 of the Bankruptcy Code and the Supremacy Clause of the United States Constitution, all Persons and Entities, including Governmental Units, shall not discriminate against the Reorganized Debtors or deny, revoke, suspend or refuse to renew a license, permit, charter, franchise or other similar grant to, condition such a grant to, discriminate with respect to such a grant, against the Reorganized Debtors, or another Person or Entity with whom the Reorganized Debtors have been associated, solely because any Debtor has been a debtor under chapter 11 of the Bankruptcy Code, has been insolvent before the commencement of the Chapter 11 Cases (or during the Chapter 11 Cases but before the Debtors are granted or denied a discharge) or has not paid a debt that is dischargeable in the Chapter 11 Cases.

Appears in 3 contracts

Samples: Restructuring Support Agreement (Audacy, Inc.), Restructuring Support Agreement (Superior Energy Services Inc), Restructuring Support Agreement (Superior Energy Services Inc)

AutoNDA by SimpleDocs

Protection Against Discriminatory Treatment. To the extent provided by Consistent with section 525 of the Bankruptcy Code and the Supremacy Clause of the United States U.S. Constitution, all Persons and Entities, including Governmental Units, shall not discriminate against the Reorganized Debtors or deny, revoke, suspend suspend, or refuse to renew a license, permit, charter, franchise franchise, or other similar grant to, condition such a grant to, or discriminate with respect to such a grantgrant against, against the Reorganized Debtors, or another Person or Entity with whom the Reorganized Debtors have been associated, solely because any each Debtor has been a debtor under chapter 11 of the Bankruptcy Code, has been insolvent before the commencement of the Chapter 11 Cases (or during the Chapter 11 Cases but before the Debtors are granted or denied a discharge) ), or has not paid a debt that is dischargeable in the Chapter 11 Cases.

Appears in 1 contract

Samples: Restructuring Support Agreement (Petroquest Energy Inc)

Protection Against Discriminatory Treatment. To the extent provided by Consistent with section 525 of the Bankruptcy Code and the Supremacy Clause of the United States U.S. Constitution, all Persons and Entities, including Governmental Units, shall not discriminate against the Reorganized Debtors or deny, revoke, suspend suspend, or refuse to renew a license, permit, charter, franchise franchise, or other similar grant to, condition such a grant to, or discriminate with respect to such a grant, grant against the Reorganized Debtors, or another Person or Entity with whom the Reorganized Debtors have been associated, solely because any each Debtor has been a debtor under chapter 11 of the Bankruptcy Code, has may have been insolvent before the commencement of the Chapter 11 Cases (or during the Chapter 11 Cases Cases, but before the Debtors are granted or denied a discharge) ), or has not paid a debt that is dischargeable in the Chapter 11 Cases.

Appears in 1 contract

Samples: Backstop and Private Placement Agreement (Diamond Offshore Drilling, Inc.)

Protection Against Discriminatory Treatment. To the extent provided by Consistent with section 525 of the Bankruptcy Code and the Supremacy Clause of the United States U.S. Constitution, all Persons and Entities, including Governmental Units, shall not discriminate against the Reorganized Debtors or deny, revoke, suspend suspend, or refuse to renew a license, permit, charter, franchise franchise, or other similar grant to, condition such a grant to, discriminate with respect to such a grantgrant against, against the Reorganized Debtors, or another Person or Entity with whom the Reorganized Debtors have been associated, solely because any each Debtor has been a debtor under chapter 11 of the Bankruptcy Code, has been insolvent before the commencement of the Chapter 11 Cases (or during the Chapter 11 Cases but before the Debtors are granted or denied a discharge) ), or has not paid a debt that is dischargeable in the Chapter 11 Cases.

Appears in 1 contract

Samples: Restructuring Support Agreement (Magnum Hunter Resources Corp)

AutoNDA by SimpleDocs

Protection Against Discriminatory Treatment. To the extent provided by Consistent with section 525 of the Bankruptcy Code and the Supremacy Clause of the United States U.S. Constitution, all Persons and Entities, including Governmental Units, shall not discriminate against the Reorganized Debtors or deny, revoke, suspend suspend, or refuse to renew a license, permit, charter, franchise franchise, or other similar grant to, condition such a grant to, discriminate with respect to such a grantgrant against, against the Reorganized Debtors, Debtors or another Person or Entity with whom the Reorganized Debtors have been associated, solely because any Debtor has the Debtors have been a debtor debtors under chapter 11 of the Bankruptcy Code, has may have been insolvent before the commencement of the Chapter 11 Cases (or during the Chapter 11 Cases but before the Debtors are granted Cases), or denied a discharge) or has have not paid a debt that is dischargeable in the Chapter 11 Cases.

Appears in 1 contract

Samples: Ascena Retail (Ascena Retail Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.