Common use of Confirmation Pursuant to Sections 1129(a Clause in Contracts

Confirmation Pursuant to Sections 1129(a. (10) and 1129(b) of the Bankruptcy Code. Section 1129(a)(10) of the Bankruptcy Code shall be satisfied for purposes of Confirmation by acceptance of the Plan by one or more of the Classes entitled to vote pursuant to Article III.B of the Plan. The Debtors reserve the right to modify the Plan in accordance with Article X hereof to the extent, if any, that Confirmation pursuant to section 1129(b) of the Bankruptcy Code requires modification, including by modifying the treatment applicable to a Class of Claims or Interests to render such Class of Claims or Interests Unimpaired to the extent permitted by the Bankruptcy Code and the Bankruptcy Rules.

Appears in 3 contracts

Samples: Subscription Agreement (5E Advanced Materials, Inc.), Restructuring Support Agreement (Denbury Resources Inc), Restructuring Support Agreement (Jones Energy, Inc.)

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Confirmation Pursuant to Sections 1129(a. (10) and 1129(b) of the Bankruptcy Code. Section 1129(a)(10Code The Debtors shall seek Confirmation of the Plan pursuant to section 1129(b) of the Bankruptcy Code shall be satisfied for purposes with respect to any rejecting Class of Confirmation by acceptance Claims or Interests. The Debtors, with the consent of the Plan by one or more of the Classes entitled to vote pursuant to Article III.B of the Plan. The Debtors Majority Consenting Lenders, reserve the right to modify the Plan in accordance with Article ARTICLE X hereof to the extent, if any, that Confirmation pursuant to section 1129(b) of the Bankruptcy Code requires modification, including by modifying the treatment applicable to a Class of Claims or Interests to render such Class of Claims or Interests Unimpaired to the extent permitted by the Bankruptcy Code and the Bankruptcy Rules.

Appears in 1 contract

Samples: EveryWare Global, Inc.

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