Commitment of the Debtors. From the RSA Effective Date and until the occurrence of a Termination Date:
Commitment of the Debtors. (a) Each of the Debtors:
Commitment of the Debtors. (a) During the Effective Period, the Debtors, jointly and severally, shall:
Commitment of the Debtors. Subject to the terms and conditions hereof and for so long as this Agreement has not been terminated in accordance with the terms hereof, each Debtor shall comply with the following covenants:
Commitment of the Debtors. Each Debtor, jointly and severally, agrees, from the Amended and Restated RSA Effective Date and for so long as this Agreement has not been terminated in accordance with the terms hereof, unless otherwise consented to in writing by the Requisite Majority Consenting Secured Noteholders and the Requisite Majority Consenting Unsecured Noteholders (only as specifically set forth in Section 27 herein), that the Debtors shall:
Commitment of the Debtors. (a) Subject to Sub-Clause (b) below, each of the Debtors (i) agrees to (A) support and complete the Restructuring Transactions set forth in the Plan and this Agreement, (B) negotiate in good faith all Definitive Documentation that is subject to negotiation as of the RSA Effective Date and take any and all necessary and appropriate actions in furtherance of the Plan and this Agreement, and (C) make commercially reasonable efforts to complete the Restructuring Transactions set forth in the Plan in accordance with each Milestone set forth in Section 4 of this Agreement, and (ii) shall not undertake any action materially inconsistent with the adoption and implementation of the Plan and the speedy confirmation thereof, including, without limitation, filing any motion to reject this Agreement.
Commitment of the Debtors. (a) During the Effective Period, the Debtors shall: (i) support and complete the Restructuring and all transactions set forth in the Plan and this Agreement; (ii) negotiate in good faith all Definitive Documentation that is subject to negotiation as of the Agreement Effective Date; (iii) execute and deliver any other required agreements to effectuate and consummate the Restructuring; (iv) make commercially reasonable efforts to obtain required regulatory and/or third-party approvals for the Restructuring; (v) complete the Restructuring in a timely and expeditious manner; (vi) operate their business in the ordinary course, taking into account the Restructuring; (vii) not undertake any actions materially inconsistent with the adoption and implementation of the Plan and confirmation thereof; and (viii) use commercially reasonable efforts to obtain court approval of the releases set forth in the Plan.
Commitment of the Debtors. Subject to the terms and conditions hereof, and except as the Required Consenting Noteholders and Required Consenting RBL Lenders may expressly release the Debtors in writing from any of the following obligations (which release may be withheld, conditioned or delayed by Required Consenting Noteholders and the Required Consenting RBL Lenders in their sole discretion):
Commitment of the Debtors. (a) During the Effective Period and thereafter as required pursuant to clause (viii) below, the Debtors shall: (i) take all steps necessary or desirable to obtain orders of the Bankruptcy Court in respect of the Restructuring Transactions, including obtaining entry of the Confirmation Order; (ii) support and take all steps reasonably necessary or desirable to consummate the Restructuring Transactions in accordance with this Agreement, including the preparation and filing within the time-frame provided herein of the Plan Restructuring Documents; (iii) execute and deliver any other required agreements to effectuate and consummate the Restructuring Transactions; (iv) obtain any and all required regulatory and/or third-party approvals for the Restructuring Transactions; (v) complete the Restructuring Transactions within the time-frame provided herein; (vi) operate their business in the ordinary course, taking into account the Restructuring Transactions; (vii) not object to, delay, impede, or take any other action that is materially inconsistent with, or is intended or is likely to interfere in a material way with acceptance or implementation of the Restructuring Transactions; (viii) report income items to Consenting Creditors in a manner consistent with past practice; and (ix) file the Trading Motion at a time to be mutually agreed upon by the Debtors and the Required Consenting Creditors.
Commitment of the Debtors. (a) Subject to Sub-Clause (b) of this Section 7, each of the Debtors (i) agrees to (A) support and make commercially reasonable efforts to complete the Restructuring Transactions set forth in the Plan and this Agreement, (B) take any and all necessary and appropriate actions in furtherance of the Plan Mediation Term Sheet, the Plan and this Agreement, and (C) make reasonable best efforts to complete the Restructuring Transactions set forth in the Plan in accordance with each Milestone set forth in Section 4 of this Agreement, and (ii) shall not undertake any action inconsistent with the adoption and implementation of the Plan and the confirmation thereof, including, without limitation, filing any motion to terminate this Agreement.
