Examples of Plan Support Parties in a sentence
The Effective Date will be a Business Day selected by the County, after consultation with the Sewer Plan Support Parties, that is on or after the date on which all of the following conditions have been satisfied as set forth below, or waived as set forth in Section 4.18(b).
Confirmation Order means the order of the Bankruptcy Court in form and substance reasonably satisfactory to the Required Plan Support Parties confirming this Plan pursuant to section 1129 of the Bankruptcy Code.
In such a circumstance, the Debtors may seek to accomplish an alternative restructuring of their capitalization and obligations to creditors and obtain acceptances of an alternative plan of reorganization for the Debtors, or otherwise, that may not have the support of the Plan Support Parties and/or may be required to liquidate these estates under chapter 7 or 11 of the Bankruptcy Code.
The Debtors, subject to the terms and conditions of the Plan, reserve the right to modify the terms and conditions of the Plan or waive any conditions thereto if and to the extent necessary or desirable for Confirmation, in each case, with the prior written consent of the Plan Support Parties.
Pursuant to the terms of the Restructuring Support Agreement, the Plan Support Parties agreed to support the Debtors’ efforts to confirm the Plan.