Common use of Restructuring Agreement Clause in Contracts

Restructuring Agreement. (i) The Restructuring Agreement shall have been executed and delivered by the parties thereto and shall be full force and effect. (ii) The shall be not be any suit, litigation or other proceeding challenging the validity and effectiveness of the Restructuring Agreement and the transactions contemplated thereby. (iii) All conditions to the obligations of Desert and FINOVA to consummate the "Contemplated Transactions" (as defined in the Restructuring Agreement) have been satisfied.