Common use of SECTION 1110 STIPULATION Clause in Contracts

SECTION 1110 STIPULATION. (i) In the event of the commencement with respect to Lessee of a Chapter 11 Case, (a) Lessee and Lessor shall execute and deliver a stipulation and agreement pursuant to Section 1110(b) of the Bankruptcy Code with respect to the Lease containing the provisions described in Section 2(c)(ii) and otherwise acceptable in form and substance to Lessor (the "SECTION 1110 STIPULATION"), (b) Lessee shall file the Section 1110 Stipulation concurrently with the "first day pleadings" in such Chapter 11 Case, and (c) Lessee shall cause the Section 1110 Stipulation to be entered and approved pursuant to written order of the bankruptcy court promptly after the Section 1110 Stipulation is filed with the bankruptcy court.

Appears in 3 contracts

Samples: Amendment Agreement (Atlas Air Worldwide Holdings Inc), Amendment Agreement (Atlas Air Worldwide Holdings Inc), Amendment Agreement (Atlas Air Worldwide Holdings Inc)

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SECTION 1110 STIPULATION. (i) In the event of the commencement with respect to Lessee Sublessee of a Chapter 11 Case, (a) Lessee Sublessee and Lessor Sublessor shall execute and deliver a stipulation and agreement pursuant to Section 1110(b) of the Bankruptcy Code with respect to the Lease Sublease containing the provisions described in Section 2(c)(ii) and otherwise acceptable in form and substance to Lessor Sublessor (the "SECTION 1110 STIPULATION"), (b) Lessee Sublessee shall file the Section 1110 Stipulation concurrently with the "first day pleadings" in such Chapter 11 Case, and (c) Lessee Sublessee shall cause the Section 1110 Stipulation to be entered and approved pursuant to written order of the bankruptcy court promptly after the Section 1110 Stipulation is filed with the bankruptcy court.

Appears in 1 contract

Samples: Amendment Agreement (Atlas Air Worldwide Holdings Inc)

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