Plans of Reorganization. No Second Lien Secured Party shall support or vote in favor of any plan of reorganization (and each shall be deemed to have voted to reject any plan of reorganization) unless such plan (i) pays off, in cash in full, all First Lien Obligations or (ii) is accepted by the class of holders of First Lien Obligations voting thereon and is supported by the First Lien Agent.
Appears in 6 contracts
Samples: Intercreditor and Collateral Agency Agreement (PostRock Energy Corp), Intercreditor and Collateral Agency Agreement (PostRock Energy Corp), Credit Agreement (Quest Energy Partners, L.P.)
Plans of Reorganization. No Second Lien Secured Party Parties shall not, with respect to any secured claims, support or vote in favor of any plan of reorganization (and each they shall vote and shall be deemed to have voted to reject any plan of reorganization) unless (x) the First Lien Claims are Paid in Full under such plan (i) pays off, in cash in full, all First Lien Obligations or (iiy) such plan is accepted by the class of holders of First Lien Obligations Claims voting thereon and is supported by the First Lien Collateral Agent.
Appears in 1 contract
Samples: Intercreditor Agreement (Griffiths Pile Driving Inc)
