Waiver of Conditions to Obligations of Commitment Parties. All or any of the conditions set forth in Section 7.1 may only be waived in whole or in part with respect to all Commitment Parties by a written instrument executed by the Requisite Commitment Parties in their sole discretion and if so waived, all Commitment Parties shall be bound by such waiver.
Appears in 5 contracts
Samples: Backstop Commitment Agreement (Bristow Group Inc), Backstop Commitment Agreement, Backstop Commitment Agreement (Penn Virginia Corp)
Waiver of Conditions to Obligations of Commitment Parties. All or any of the conditions set forth in Section 7.1 may only be waived in whole or in part with respect to all Commitment Parties by a written instrument executed by the Requisite Commitment Parties in their sole discretion and if so waived, all Commitment Parties shall be bound by such waiver; provided, however, that the conditions set forth in subsections (e), (g) and (h) of Section 7.1 shall not be subject to waiver except by a written instrument executed by all Commitment Parties.
Appears in 3 contracts
Samples: Commitment Agreement (Pacific Drilling S.A.), Commitment Agreement (Pacific Drilling S.A.), Commitment Agreement
Waiver of Conditions to Obligations of Commitment Parties. All or any of the conditions set forth in Section 7.1 6.1 may only be waived in whole or in part with respect to all Commitment Parties by a written instrument executed by all of the Requisite Commitment Parties Parties; provided that a Commitment Party may waive in their sole discretion and if so waived, writing any or all Commitment Parties shall be bound by such waiverof the conditions set forth in Section 6.1 solely with respect to itself.
Appears in 3 contracts
Samples: Equity Commitment Agreement (Infrastructure & Energy Alternatives, Inc.), Equity Commitment Agreement (Infrastructure & Energy Alternatives, Inc.), Equity Commitment Agreement (Infrastructure & Energy Alternatives, Inc.)
Waiver of Conditions to Obligations of Commitment Parties. All or any of the conditions set forth in Section 7.1 6.1 may only be waived in whole or in part with respect to all Commitment Parties by a written instrument executed by the Requisite Required Commitment Parties in their sole discretion and if so waived, all Commitment Parties shall be bound by such waiver.
Appears in 2 contracts
Samples: Investment Agreement (Seadrill LTD), Investment Agreement (North Atlantic Drilling Ltd.)
Waiver of Conditions to Obligations of Commitment Parties. All or any of the conditions set forth in Section 7.1 may only be waived in whole or in part with respect to all Commitment Parties by a written instrument executed by the Requisite Commitment Parties in their sole discretion and if so waived, all Commitment Parties shall be bound by such waiver; provided, however, that the conditions set forth in subsections (f), (i) and (j) of Section 7.1 shall not be subject to waiver except by a written instrument executed by all Commitment Parties.
Appears in 2 contracts
Samples: Backstop Commitment Agreement (Ultra Petroleum Corp), Backstop Commitment Agreement (Ultra Petroleum Corp)
Waiver of Conditions to Obligations of Commitment Parties. All or any of the conditions set forth in Section Section 7.1 may only be waived in whole or in part with respect to all Commitment Parties by a written instrument executed by the Requisite Commitment Parties in their sole discretion and if so waived, all Commitment Parties shall be bound by such waiver.
Appears in 1 contract
Samples: Backstop Commitment Agreement (Bonanza Creek Energy, Inc.)
Waiver of Conditions to Obligations of Commitment Parties. All or any of the conditions set forth in Section 7.1 8.1 may only be waived in whole or in part with respect to all Commitment Parties by a written instrument (with email being sufficient) executed by the Requisite Required Commitment Parties in their sole discretion and if so waived, all Commitment Parties shall be bound by such waiver.
Appears in 1 contract
Samples: Backstop Commitment Agreement (Party City Holdco Inc.)
