Certain Orders. On or before the date which is three -------------- months after the Petition Date, the Borrowers shall file with the Court a joint plan of reorganization and disclosure statement for the Borrowers and an appropriate motion, application or other pleading and other material documents requesting (i) the confirmation and consummation of a joint plan of reorganization for the Borrowers, all of the foregoing (including without limitation the terms and conditions of such plan of reorganization and all payments and distributions to be made in connection therewith) to be in form and substance satisfactory to Required Lenders or (ii) definitive agreements for the sale of all, substantially all, or a material portion of their assets, all in form and substance satisfactory to Required Lenders.
Appears in 1 contract
Sources: Debt Agreement (Vencor Inc)
Certain Orders. On or before the date which is three four months -------------- months after the Petition Date, the Borrowers shall file with the Court a joint plan of reorganization and disclosure statement for the Borrowers and an appropriate motion, application or other pleading and other material documents requesting (i) the confirmation and consummation of a joint plan of reorganization for the Borrowers, all of the foregoing (including without limitation the terms and conditions of such plan of reorganization and all payments and distributions to be made in connection therewith) to be in form and substance satisfactory to Required Lenders in their sole discretion or (ii) definitive agreements for the sale of all, substantially all, or a material portion of their assets, all in form and substance satisfactory to Required LendersLenders in their sole discretion.
Appears in 1 contract
Sources: Debtor in Possession Credit Agreement (Mariner Post Acute Network Inc)