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 by all of the following: (i) each Debtor; 3 The Plan shall be filed in accordance with the Milestones (as defined below) set forth in Section 6 of this 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

Sources: 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 by all of the following: (i) each Debtor; 3 The Plan shall be filed in accordance with the Milestones (as defined below) set forth in Section 6 of this 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

Sources: 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 by all of the following: (ia) each Debtor; 3 The Plan shall be filed (b) Consenting Bridge Financing Lenders (i) holding, in accordance with excess of 90% in principal amount outstanding of all claims against the Milestones (as defined below) set forth in Section 6 Debtors arising on account of this Agreement. 4 The Disclosure Statement shall be filed in accordance with the Milestones set forth in Section 6 of this Agreement.Bridge Financing Facility

Appears in 1 contract

Sources: 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 has been executed by all each of the following: following conditions shall have been satisfied: (ia) each Debtor; 3 The Plan shall be filed in accordance with the Milestones (as defined below) set forth in Section 6 of Each Debtor has duly executed and delivered signatures pages to this Agreement. 4 The Disclosure Statement shall be filed ; and (b) Consenting Noteholders holding, in accordance with the Milestones set forth in Section 6 aggregate, at least 50% of the outstanding aggregate principal amount of all Notes Claims have duly executed and delivered signatures pages to this Agreement.

Appears in 1 contract

Sources: Restructuring Support Agreement (Weatherford International PLC)

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 DebtorChaparral Party; 3 The Plan shall be filed and Consenting Noteholders holding, in accordance with the Milestones (as defined below) set forth aggregate, at least [60]% in Section 6 principal amount outstanding of this Agreement. 4 The Disclosure Statement shall be filed in accordance with the Milestones set forth in Section 6 of this Agreementall Notes Claims.

Appears in 1 contract

Sources: Restructuring Support Agreement (Chaparral 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 by all of the following: (ia) each Debtor; 3 The Plan shall be filed and (c) Restructuring Support Parties holding, in accordance with aggregate, at least 63.0% in principal amount outstanding of all claims against the Milestones Debtors arising on account of the Second Lien Indenture (as defined below) set forth in Section 6 of this Agreement. 4 The Disclosure Statement shall be filed in accordance with the Milestones set forth in Section 6 of this Agreement“Second Lien Notes Claims”).

Appears in 1 contract

Sources: Restructuring Support Agreement (Energy XXI LTD)