LANDCO SALE AGREEMENTSale Agreement • March 20th, 2014
Contract Type FiledMarch 20th, 2014WHEREAS, on the date hereof, the Company entered into (a) plan support agreements, in the form attached as Exhibit “B” hereto (together with all schedules and annexes thereto, including the Term Sheet, the “Plan Support Agreements” ) with each of the Bondholders and certain of the Company’s lenders pursuant to which such parties agreed upon on the general terms and conditions, as set forth in the Plan Support Agreements and the indicative term sheet attached as Annex A thereto (the “Term Sheet”), to carry out the financial restructuring (the “Restructuring”) of certain eligible claims and debt of the Company and certain of its subsidiaries, it being understood that the Restructuring shall be implemented pursuant to a prepackaged plan of restructuring(the “Concurso Mercantil Plan”) which shall conform in all respects with the Term Sheet. Capitalized terms that are used but are not otherwise defined in this Agreement shall have the meanings given to them in the form of Plan Support Agree