Related Undertakings. 6.1 The time limit for the development of the plot of land for the Base Project: The development of the whole Base Project shall be completed within three years and a half years of execution hereof. If the development of the plot of land for the Base Project fails to be completed within the time limit as specified above through any fault on the part of Party B or the Project Company, Party A shall have the right to recover any part of the land that has not yet been developed, provided, however, that Party A shall refund to the Project Company the part of the price which the Project Company has paid for that part of the land which has not yet been developed;
Related Undertakings. Until such time as this Agreement has been terminated in accordance with its terms, no Participating Holder shall vote for or support any other chapter 11 plan in respect of AET and/or AET Canada; provided, that no Participating Holder shall be barred from taking any action with respect to such matter, if such action is not inconsistent with the Financial Restructuring and the terms and conditions of this Agreement; and, provided, further, that nothing in this Agreement shall be deemed to prevent any Participating Holder from taking, or failing to take, any action that it is obligated to take (or not to take) in the performance of any fiduciary duty that such Participating Holder owes to any other person or entity it being understood that any actions taken by a Participating Holder in accordance with the above shall not result in any liability whatsoever to such Participating Holder.
Related Undertakings. (a) SGI hereby agrees to use its reasonable best efforts (a) to obtain, within one (1) business day of the execution hereof, approval by its board of directors of this Agreement, and (b) promptly to take all other steps reasonably necessary to consummate the Financial Restructuring including the filing of the Joint Reorganization Plan and the Disclosure Statement with the Bankruptcy Court no later than thirty (30) days after the date on which the petitions are filed (the “Petition Date”); provided that, in the event that the DIP Lenders (as defined in the DIP Financing Commitment Letter) do not deliver, prior to the fifth (5th) business day following the Petition Date, the consent of a majority in interest of the holders of the 6.50% Secured Notes to the liens and superpriority claims granted to the DIP Lenders as proposed in the DIP Financing Commitment Letter, the deadline for the filing of the Joint Reorganization Plan and the Disclosure Statement shall be extended to within thirty-five (35) days of the Closing Date (as defined below). Without limiting the generality of the foregoing, SGI agrees to recommend to the holders of all impaired claims or interests that they vote in favor of confirmation of the Joint Reorganization Plan in the Chapter 11 Case.
Related Undertakings. Until payment in full of all the Senior Obligations (unless Stryker has purchased the Senior Obligations pursuant to Section 4.03 below), Stryker agrees to hold as agent for Knight and forthwith remit to Knight any sum received from the Debtor or Mariel to be applied in accordance with the Knight Loan Agreement.
