Common use of Initial Commitment Percentage Clause in Contracts

Initial Commitment Percentage. A new defined term “Initial Commitment Percentage” shall be added immediately following to the defined term “Indemnifying Party” set forth in Section 1.1 of the Backstop Agreement, and shall read as follows:

Appears in 2 contracts

Sources: Backstop Commitment Agreement (Weatherford Irish Holdings Ltd.), Backstop Commitment Agreement (Weatherford International PLC)