Conditions Precedent to Confirmation. The following are conditions precedent to confirmation of the Plan:
Conditions Precedent to Confirmation. It shall be a condition to Confirmation of the Plan that the following conditions shall have been satisfied or waived pursuant to the provisions of Article X.C hereof:
Conditions Precedent to Confirmation. 18 Section 8.2. Conditions Precedent to the Effective Date. 18 Section 8.3. Waiver of Conditions. 19 Section 8.4. Modification of Plan. 19 Section 8.5. Effect of Withdrawal or Revocation. 19 Section 8.6. Reservation of Rights. 19 Section 8.7. Substantial Consummation of Plan. 19 ARTICLE IX EFFECT OF PLAN CONFIRMATION 19 Section 9.1. Binding Effect. 19 Section 9.2. Discharge of Claims. 20 Section 9.3. Releases. 20
Conditions Precedent to Confirmation. The Confirmation Order shall not be entered unless and until such Confirmation Order is in form and substance satisfactory to the Debtor.
Conditions Precedent to Confirmation. It shall be a condition to Confirmation of the Plan that the Disclosure Statement Order shall have been entered by the Bankruptcy Court on the docket of the Chapter 11 Cases, in form and substance acceptable to the Debtors, the DIP Lenders, the Restructuring Support Parties, and such order shall not be subject to a stay.
Conditions Precedent to Confirmation. It shall be a condition to Confirmation of the Plan that the following conditions shall have been satisfied or waived pursuant to the provisions of Article IX.C hereof: the Bankruptcy Court shall have entered the Confirmation Order in form and substance reasonably satisfactory to the Ad Hoc 8.625% Noteholders and the JPMorgan Noteholders; provided, however, that to the extent any such provision will affect the nature, value, or form of the recovery to the Ad Hoc 8.625% Noteholders and the JPMorgan Noteholders, it shall be satisfactory to such Holders; the Confirmation Order shall:
Conditions Precedent to Confirmation. Confirmation of the Plan is subject to: (i) GLBR shall have received votes in favor of the Plan from the Holders of the Existing Notes sufficient to satisfy the requirements of section 1126(c) of the Bankruptcy Code; (ii) within one (1) business day following the execution of the Support Agreement, and prior to or concurrently with the commencement of the Chapter 11 Case, GLBR shall have disclosed all “Material, Non-Public Information” as provided in Section 8 of each of the Non-Disclosure Agreements; (iii) the Definitive Documents are in form and substance satisfactory to the Debtor, Holdings, FXCM, Leucadia, and the Required Consenting Noteholders; (iv) the Support Agreement shall not have been terminated and shall be in full force and effect and, to the extent not assumed by the Debtor prior to Confirmation, the Support Agreement shall not be (a) identified on the Schedule of Rejected Executory Contracts or Unexpired Leases or (b) the subject of a motion to reject, such that the Support Agreement will, pursuant to the terms of the Plan, be assumed upon the Effective Date; (v) Holdings shall have submitted to the jurisdiction of the Bankruptcy Court regarding all matters arising under the Plan and the transactions contemplated therein, and (vi) the Bankruptcy Court shall have approved the Disclosure Statement as containing adequate information with respect to the Plan within the meaning of section 1125 of the Bankruptcy Code.
Conditions Precedent to Confirmation. It will be a condition to confirmation of the Plan that the following conditions will have been satisfied or waived in accordance with the terms of the Plan: (a) Court approval of the Disclosure Statement in a form and substance reasonably acceptable to the Debtors, Ally, the Creditors’ Committee and the Consenting Claimants, as containing adequate information with respect to the Plan within the meaning of section 1125 of the Bankruptcy Code. (b) The Plan shall be reasonably acceptable to Ally, the Debtors, the Creditors’ Committee and the Consenting Claimants. (c) Court approval of the RMBS Settlement, as modified as set forth in the Supplemental Term Sheet, pursuant to Bankruptcy Rule 9019. (d) The Third Party Releases, Debtor Releases and Exculpation provisions as set forth herein will not be modified in, or severed from, the Plan or Confirmation Order.
Conditions Precedent to Confirmation. Usual and customary conditions precedent to the confirmation of the Plan, each of which may be waived in writing by the Consenting Lenders, shall include, but not be limited to, the following: (a) the Company shall have obtained a commitment (for at least $25 million) for the Revolving Credit Facility, on terms and conditions that (i) are reasonably acceptable to the Consenting Lenders and the Debtors; and (ii) support the Debtors’ demonstration that (x) the Plan is feasible; and (y) the Reorganized Company will have the ability to satisfy its obligations to pay current interest and principal under the Term Facilities; and (b) the Disclosure Statement shall be consistent with the provisions of this Term Sheet and otherwise in form and substance reasonably satisfactory to the Consenting Lenders and the Debtors.
Conditions Precedent to Confirmation
