Common use of RSA Effective Date Clause in Contracts

RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement has been executed and delivered by all of the following: each Chaparral Party; and Consenting Noteholders holding, in the aggregate, at least [60]% in principal amount outstanding of all Notes Claims.

Appears in 1 contract

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

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RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement has been executed and delivered by all of the following: (i) each Chaparral PartyDebtor; and Consenting Noteholders holding, 3 The Plan shall be filed in accordance with the aggregate, at least [60]% Milestones (as defined below) set forth in principal amount outstanding Section 6 of all Notes Claimsthis Agreement. 4 The Disclosure Statement shall be filed in accordance with the Milestones set forth in Section 6 of this Agreement.

Appears in 1 contract

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

RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement has been executed and delivered by all of the following: (i) each Chaparral Party; and Consenting Noteholders holding, in the aggregate, at least [60]% in principal amount outstanding of all Notes Claims.Debtor;

Appears in 1 contract

Samples: Restructuring Support Agreement

RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement has been executed and delivered by all of the following: (a) each Chaparral PartyDebtor; and (b) Consenting Noteholders Bridge Financing Lenders (i) holding, in the aggregate, at least [60]% excess of 90% in principal amount outstanding of all Notes Claims.claims against the Debtors arising on account of the Bridge Financing Facility

Appears in 1 contract

Samples: Restructuring Support Agreement (Magnum Hunter Resources Corp)

RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement each of the following conditions shall have been satisfied: (a) Each Debtor has been duly executed and delivered by all of the following: each Chaparral Partysignatures pages to this Agreement; and and (b) Consenting Noteholders holding, in the aggregate, at least [60]% in 50% of the outstanding aggregate principal amount outstanding of all Notes ClaimsClaims have duly executed and delivered signatures pages to this Agreement.

Appears in 1 contract

Samples: Restructuring Support Agreement (Weatherford International PLC)

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RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that (i) this Agreement has been executed and delivered by all of the following: (a) each Chaparral PartyDebtor; and (b) Consenting Noteholders holding, in the aggregate, at least [60]% 66 2/3% in principal amount outstanding of all Notes Claims.Claims;4

Appears in 1 contract

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

RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement has been executed and delivered by all of the following: (a) each Chaparral PartyDebtor; and Consenting Noteholders (c) Restructuring Support Parties holding, in the aggregate, at least [60]% 63.0% in principal amount outstanding of all claims against the Debtors arising on account of the Second Lien Indenture (the “Second Lien Notes Claims”).

Appears in 1 contract

Samples: Restructuring Support Agreement (Energy XXI LTD)

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