Examples of Prepackaged Plan in a sentence
The Consenting Term Lenders agree that, for the duration of the Support Period, each Consenting Term Lender shall not take any action inconsistent with, or omit to take any action required by the Credit Agreement, except to the extent that any such action or inaction is expressly contemplated or permitted by this Agreement, the Prepackaged Plan, or any of the other Definitive Documents.
Each Party shall take such commercially reasonable actions, including executing and delivering any ancillary agreements and making any required regulatory filings, as may be reasonably necessary to carry out the purposes and intent of this Agreement and the Prepackaged Plan.
Each Party shall cooperate with each other Party in good faith, and the Parties shall coordinate their activities (to the extent practicable) in connection with the implementation and consummation of the Restructuring and the Prepackaged Plan.
Except as contemplated by the Prepackaged Plan, merge, dissolve, liquidate, consolidate with or into another Person, or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person.
This Agreement, the Restructuring and the Prepackaged Plan are the product of negotiations among the Parties, together with their respective representatives.