Common use of Xxxxxx Heirs Obligations Clause in Contracts

Xxxxxx Heirs Obligations. The Xxxxxx Heirs Obligations shall have been determined by order of the Bankruptcy Court entered on or prior to the Effective Date (which order may be the Confirmation Order or another order entered by the Bankruptcy Court) and satisfied in accordance with the terms of the Plan. For the avoidance of doubt, to the extent that holders of Xxxxxx Heirs Obligations or other Claims against or interests in the Debtors arising under or related to the Xxxxxx Agreement receive any consideration in respect of such obligations, Claims or interests under the Plan, there shall be no reduction in the number of shares of New Common Stock or GGO Common Stock otherwise to have been distributed on the Effective Date under the Plan in the Equity Exchange or the GGO Share Distribution, as applicable.

Appears in 8 contracts

Samples: Stock Purchase Agreement (Pershing Square Capital Management, L.P.), Stock Purchase Agreement (General Growth Properties, Inc.), Cornerstone Investment Agreement (General Growth Properties, Inc.)

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