Common use of Reorganized Debtors Clause in Contracts

Reorganized Debtors. On the Effective Date, the New Board shall be established, and the Reorganized Debtors shall adopt their New Organizational Documents. The Reorganized Debtors shall be authorized to adopt any other agreements, documents, and instruments and to take any other actions contemplated under the Plan as necessary to consummate the Plan.

Appears in 2 contracts

Sources: Plan Support Agreement (Vanguard Natural Resources, Inc.), Plan Support Agreement (Vanguard Natural Resources, Inc.)

Reorganized Debtors. On the Plan Effective Date, the New Board shall be established, and the each Reorganized Debtors Debtor shall adopt their its New Organizational Documents. The Reorganized Debtors shall be authorized to adopt any other agreements, documents, and instruments and to take any other actions contemplated under the Plan as necessary to consummate the Plan.

Appears in 1 contract

Sources: Restructuring Support Agreement (QualTek Services Inc.)