Plan Effective Date. The Plan Effective Date shall have occurred, or shall be deemed to have occurred concurrently with the Closing, as applicable, in accordance with the terms and conditions in the Plan and in the Confirmation Order.
Plan Effective Date. Each of the conditions precedent set forth in the Plan to the Plan Effective Date shall have occurred.
Plan Effective Date. The effective date of the Approved Plan of Reorganization shall not have occurred by the date that is 180 days after the Petition Date, or such later date to which the Required Lenders have consented in writing; or
Plan Effective Date. All conditions precedent to the confirmation of the Confirmed Plan and to the Effective Date (as defined in the Confirmed Plan) (the "PLAN EFFECTIVE DATE") shall have been met (or the waiver thereof in accordance with Sections 10.02 and 10.03 of the Confirmed Plan by the parties named therein shall have been consented to in writing by the Administrative Agent) and the Plan Effective Date and substantial consummation of the Confirmed Reorganization shall have occurred (including, without limitation, the Combination Transaction (as defined in the 106 Confirmed Plan), other than with respect to Yonkers) or shall be scheduled to occur but for the making of the initial Loan hereunder.
Plan Effective Date. All conditions precedent to the confirmation of the Plan of Reorganization and the “effective date” (or similar term) set forth in the Plan of Reorganization (the “Plan Effective Date”) shall have been met or waived (provided that any such waiver shall have been consented to by Requisite Lenders if such waiver could reasonably be expected to be materially adverse to the Lenders), each of the Plan Effective Date and substantial consummation of the Plan of Reorganization shall have occurred or shall be scheduled to occur but for the funding of the Facilities, and the Plan of Reorganization and the Confirmation Order shall be in full force and effect.
Plan Effective Date. All conditions precedent to confirmation and to effectiveness of the Plan of Reorganization shall have been satisfied or waived to the satisfaction of the Administrative Agent, the Plan Effective Date shall have occurred or shall occur substantially contemporaneously with the Closing Date, and the substantial consummation (as defined in section 1101 of the Bankruptcy Code) of the Plan of Reorganization in accordance with its terms shall occur substantially contemporaneously with the Plan Effective Date.
Plan Effective Date. The Plan Effective Date (as defined in the Plan Support Agreement) shall not have occurred by September 17, 2020. then, subject to the terms, conditions and provisions of the DIP Order, and in any such event, and at any time thereafter, if any Event of Default shall then be continuing, the Administrative Agent, acting at the direction of the Required Lenders, without any action or approval of the Bankruptcy Court, shall after five days’ written notice to the Borrower, take any or all of the following actions, without prejudice to the rights of the Lenders or the holder of any Note to enforce their claims against any Loan Party: (i) declare the Commitments terminated, whereupon all Commitments of the Lenders shall forthwith terminate immediately without any other notice of any kind; (ii) declare the principal of and any accrued interest in respect of all Loans and the Notes and all Obligations owing hereunder and thereunder to be, whereupon the same shall become, forthwith due and payable without presentment, demand, protest or other notice of any kind (except to the extent notice is expressly required pursuant to any order of the Bankruptcy Court or any Credit Document), all of which are hereby waived by each Loan Party; and (iii) enforce all of the Liens and security interests created pursuant to the Security Documents. In addition, upon expiration of the five day notice period referred to above, the automatic stay provided in Section 362 of the Bankruptcy Code shall be deemed automatically vacated without further action or order of the Bankruptcy Court, and the Administrative Agent, acting at the direction of the Required Lenders, shall be entitled to exercise all of its respective rights and remedies under the Credit Documents. Nothing in this Agreement or any other Credit Documents shall create an Event of Default arising out of or relating to any pledge, mortgage, sale, assignment or other encumbrance or disposition or any agreement with respect to any Margin Stock.
Plan Effective Date. The Final Order shall have provided for the obligations of the Debtors party to this Agreement to be binding on the Debtors as reorganized under the Plan once the Plan Effective Date occurs.