Common use of Commitment Premium Clause in Contracts

Commitment Premium. The reorganized Debtor shall have paid (or such amounts shall be paid concurrently with the Closing) to each Commitment Party the applicable Commitment Premium as set forth in Section 3.2, Section 2.3(b) and Section 9.5(c).

Appears in 3 contracts

Sources: Backstop Commitment Agreement (Gulfmark Offshore Inc), Restructuring Support Agreement, Backstop Commitment Agreement

Commitment Premium. The reorganized Debtor Debtors shall have paid (or such amounts shall be paid concurrently with the Closing) to each Commitment Party the applicable Commitment Premium as set forth in Section 3.2, Section 2.3(b) and Section 9.5(c).

Appears in 2 contracts

Sources: Plan Support Agreement (Diamond Offshore Drilling, Inc.), Backstop Commitment Agreement (EP Energy LLC)

Commitment Premium. The reorganized Debtor Debtors shall have paid (or such amounts shall be paid concurrently with the Closing) to each Initial Commitment Party the applicable Commitment Premium as set forth in Section 3.2, Section 2.3(b) and Section 9.5(c).

Appears in 1 contract

Sources: Equity Commitment Agreement (Phi Inc)