BACKSTOP COMMITMENT 17. Section 2.1 The Rights Offering; Subscription Rights 17 Section 2.2 The Backstop Commitment 18 Section 2.3 Commitment Party Default 19 Section 2.4 Escrow Account Funding 21 Section 2.5 Closing 22 Section 2.6 Designation and Assignment Rights 23 Section 3.1 Premium Payable by the Company 25 Section 3.2 Payment of Commitment Premium 26 Section 3.3 Expense Reimbursement 26
Appears in 2 contracts
Sources: Bankruptcy Agreement (Ultra Petroleum Corp), Backstop Commitment Agreement (Ultra Petroleum Corp)
BACKSTOP COMMITMENT 17. Section 2.1 The Rights Offering; Subscription Rights 17 Section 2.2 The Backstop Commitment 18 17 Section 2.3 Commitment Party Default 19 17 Section 2.4 Escrow Account Funding 21 18 Section 2.5 Closing 22 19 Section 2.6 Designation and Assignment Rights 23 Section 3.1 Premium Payable by the Company 25 Section 3.2 Payment of Commitment Premium 26 Section 3.3 Expense Reimbursement 2619
Appears in 1 contract
BACKSTOP COMMITMENT 17. Section 2.1 The Rights OfferingTransactions; Subscription Rights 17 Section 2.2 The Backstop Commitment 18 Commitments 17 Section 2.3 Commitment Party Default 19 Default; Replacement of Defaulting Commitment Parties 18 Section 2.4 Escrow Account Funding 21 20 Section 2.5 Closing 22 21 Section 2.6 Designation and Assignment Rights 23 Section 3.1 Premium Payable by the Company 25 Section 3.2 Payment of Commitment Premium 26 Section 3.3 Expense Reimbursement 2622
Appears in 1 contract
Sources: Backstop Commitment and Equity Investment Agreement (Vanguard Natural Resources, LLC)
BACKSTOP COMMITMENT 17. Section 2.1 The Rights Offering; Subscription Rights Offering 17 Section 2.2 The Backstop Commitment 17 Section 2.3 Backstop Party Default 18 Section 2.3 Commitment Party Default 19 Section 2.4 Backstop Escrow Account Funding 21 19 Section 2.5 Closing 22 20 Section 2.6 Designation and Assignment Rights 23 Section 3.1 Premium Payable by the Company 25 Section 3.2 Payment of Commitment Premium 26 Section 3.3 Expense Reimbursement 2621
Appears in 1 contract