Plan Support and Lockup Agreement Sample Contracts

December 30, 2012
Plan Support and Lockup Agreement • December 31st, 2012 • Lodgenet Interactive Corp • Communications services, nec • New York

This Plan Support and Lockup Agreement (this “Agreement”), by and among each of the Consenting Lenders (as defined below) and the LodgeNet Parties (as defined below) sets forth certain terms and conditions pursuant to which (i) LodgeNet Interactive Corporation (“LodgeNet Interactive”) and (ii) LodgeNet StayOnline, Inc., LodgeNet International, Inc., LodgeNet Healthcare, Inc., On Command Corporation, On Command Video Corporation, Puerto Rico Video Entertainment Corporation, Virgin Island Video Entertainment Corporation, Spectradyne International, Inc., The Hotel Networks, Inc. and Hotel Digital Network, Inc., each in its capacity as a guarantor under the Prepetition Credit Agreement (as defined below) (collectively with LodgeNet Interactive, the “LodgeNet Parties”) will propose a restructuring (the “Restructuring”) of the LodgeNet Parties’ outstanding obligations under the Prepetition Credit Agreement, to be effectuated pursuant to a joint chapter 11 plan of reorganization (a “Plan”), w

AutoNDA by SimpleDocs
AMENDMENT NO. 1 TO PLAN SUPPORT AND LOCKUP AGREEMENT
Plan Support and Lockup Agreement • March 22nd, 2013 • Lodgenet Interactive Corp • Communications services, nec • New York

This AMENDMENT NO. 1 TO PLAN SUPPORT AND LOCKUP AGREEMENT (this “Amendment”), dated as of March 20, 2013, is entered into by and among (i) the Consenting Lenders party hereto and (ii) LodgeNet Interactive Corporation, LodgeNet StayOnline, Inc., LodgeNet International, Inc., LodgeNet Healthcare, Inc., On Command Corporation, On Command Video Corporation, Puerto Rico Video Entertainment Corporation, Virgin Island Video Entertainment Corporation, Spectradyne International, Inc., The Hotel Networks, Inc. and Hotel Digital Network, Inc (collectively the “LodgeNet Parties” and together with the Consenting Lenders parties hereto, the “Parties”). Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the PSA (defined below).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!