Common use of Plan Consummation Clause in Contracts

Plan Consummation. (i) Substantial consummation of the Chapter 11 Plan shall have occurred or (ii) Seller shall have provided other adequate assurances reasonably acceptable to Purchaser of Seller’s and the Other Sellers’ ability to perform their respective obligations under this Agreement and the Ancillary Agreements from and after the Closing.

Appears in 2 contracts

Sources: Stock and Asset Purchase Agreement (Eastman Kodak Co), Stock and Asset Purchase Agreement (Eastman Kodak Co)