Negative Commitments. Except as set forth in Section 8, during the Agreement Effective Period, each of the Company Parties shall not directly or indirectly: (a) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the Restructuring; (b) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation and consummation of the Restructuring described in, this Agreement or the Definitive Documents; (c) modify the Plan, in whole or in part, in a manner that is not consistent with this Agreement in all material respects; or (d) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement or the Plan.
Appears in 1 contract
Sources: Restructuring Support Agreement (J C Penney Co Inc)
Negative Commitments. Except as set forth in Section 88.01 hereof, during the Agreement Effective Period, each of the Company Parties shall not directly or indirectly:
(a) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the Restructuring;
(b) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation implementation, and consummation of the Restructuring described in, in this Agreement or the Definitive DocumentsAgreement;
(c) modify the Plan, in whole or in part, in a manner that is not consistent with this Agreement in all material respects; or
(d) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement or and the PlanDefinitive Documents.
Appears in 1 contract
Sources: Restructuring Support Agreement (Jones Energy, Inc.)
Negative Commitments. Except as set forth in Section 8, during the Agreement Effective Period, each of the Company Parties shall not directly or indirectly:
(a) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the RestructuringRestructuring Transactions;
(b) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation and consummation of the Restructuring Transactions described in, this Agreement or the Definitive DocumentsPlan;
(c) modify the Plan, in whole or in part, in a manner that is not consistent with this Agreement in all material respects; or
(d) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement (including the consent rights of the Consenting Creditors set forth herein as to the form and substance of such motion, pleading or Definitive Document) or the Plan.
Appears in 1 contract
Sources: Restructuring Support Agreement (Whiting Petroleum Corp)
Negative Commitments. Except as set forth in Section 8, during the Agreement Effective Period, each of the Company Parties shall not directly or indirectly:
(a) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the Restructuring;
(b) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation implementation, and consummation of the Restructuring described in, in this Agreement or the Definitive DocumentsPlan;
(c) modify the Plan, in whole or in part, in a manner that is not consistent with this Agreement in all material respects; or
(d) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement or Agreement, the Plan, and the Definitive Documents.
Appears in 1 contract
Sources: Restructuring Support Agreement (Denbury Resources Inc)
Negative Commitments. Except as set forth in Section 8, during the Agreement Effective Period, each of the Company Parties Debtors and Non-Debtors shall not directly or indirectly:
(a) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the RestructuringRestructuring Transactions;
(b) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation and consummation of the Restructuring Transactions described in, this Agreement or the Definitive DocumentsPlan;
(c) modify the Plan, in whole or in part, in a manner that is not consistent with this Agreement in all material respects; or
(d) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement or the Plan.
Appears in 1 contract
Sources: Restructuring Support Agreement (WESTMORELAND COAL Co)
Negative Commitments. Except as set forth in Section 86.03, during the Agreement Effective Period, each of the Company Parties shall not directly or indirectly:
(ai) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the RestructuringTransactions;
(bii) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation and consummation of the Restructuring Transactions described in, this Agreement or the Definitive DocumentsPlan;
(ciii) modify the Plan, in whole or in part, in a manner that is not consistent with this Agreement in all material respects; or
(div) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement or the Plan.
Appears in 1 contract
Negative Commitments. Except as set forth in Section 87, during the Agreement Effective Period, each of the Company Parties shall not directly or indirectly:
(a) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the RestructuringRestructuring Transactions;
(b) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation and consummation of the Restructuring Transactions described in, this Agreement or the Definitive DocumentsPlan;
(c) modify the Plan, in whole or in part, in a manner that is not consistent with this Agreement in all material respects; or
(d) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement or the Plan.
Appears in 1 contract
Sources: Restructuring Support Agreement (Extraction Oil & Gas, Inc.)
Negative Commitments. Except as set forth in Section 86.03, during the Agreement Effective Period, each of the Company Parties shall not directly or indirectly:
(a) object to, delay, impede, or take any other action to interfere with acceptance, implementation, or consummation of the RestructuringRestructuring Transactions;
(b) take any action that is inconsistent in any material respect with, or is intended to frustrate or impede approval, implementation and consummation of the Restructuring Transactions described in, this Agreement or the Definitive DocumentsPlan;
(c) modify the Plan, in whole or in part, in a manner that is not consistent inconsistent with this Agreement in all material respectswithout the consent of the Required Consenting Stakeholders; or
(d) file any motion, pleading, or Definitive Documents with the Bankruptcy Court or any other court (including any modifications or amendments thereof) that, in whole or in part, is not materially consistent with this Agreement or the Plan.
Appears in 1 contract
Sources: Restructuring Support Agreement (Oasis Petroleum Inc.)