Examples of Required Commitment Parties in a sentence
The Debtors shall (i) as soon as reasonably practicable (but in no event more than seven (7) Business Days after the date hereof) file a motion to approve this Agreement with the Bankruptcy Court, in form and substance reasonably acceptable to the Required Commitment Parties; and (ii) use commercially reasonable efforts to expeditiously obtain the entry by the Bankruptcy Court of the Backstop Commitment Agreement Order as soon as practicable thereafter.
Neither this Agreement nor any of the rights, interests or obligations under this Agreement may be assigned by any of the Parties without the prior written consent of the Company, with respect to any assignment by any Commitment Party, or the Required Commitment Parties, with respect to any assignment by the Debtors.
The conditions to the occurrence of the Effective Date set forth in the Plan and the Confirmation Order shall have been satisfied in all material respects in accordance with the terms of the Confirmation Order and the Plan, or waived by the Required Commitment Parties, and the Effective Date shall have occurred or be deemed to have occurred.
The conditions to the occurrence of the Effective Date set forth in the Plan and the Confirmation Order shall have been satisfied in all material respects in accordance with the terms of the Plan, or waived by the Required Commitment Parties, and the Effective Date shall have occurred or be deemed to have occurred.
For the avoidance of doubt, all Definitive Documents shall contain terms, conditions, representations, warranties and covenants consistent with the Restructuring Support Agreement, and shall otherwise be in form and substance reasonably acceptable to the Required Commitment Parties (as defined in the Investment Agreement, as amended by the Amendment), in accordance with Section 3.02 of the Restructuring Support Agreement..