RSA Effective Date. 2.1 This Agreement shall be effective and the rights and obligations herein shall be binding on and from the date that the Initial Consenting Creditors have duly executed and delivered signature pages to this Agreement (the “Effective Date”), which occurred on 2 March 2021.
RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that each of the following conditions shall have been satisfied:
RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement has been executed and delivered by all of the following: each Chaparral Party; and Consenting Noteholders holding, in the aggregate, at least [60]% in principal amount outstanding of all Notes Claims.
RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that this Agreement has been executed by all of the following: (i) each Debtor; (ii) holders of at least two thirds of the aggregate outstanding principal amount of RBL Secured Claims against the Debtors (as of the relevant date, the “Required Consenting RBL Lenders”); and (iii) holders of at least two thirds of the aggregate outstanding principal amount of Subordinated Notes Claims against the Debtors (as of the relevant date, the “Required Consenting Noteholders,” and collectively with the Required Consenting RBL Lenders, the “Required Restructuring Support Parties”).
RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “RSA Effective Date”) that (i) this Agreement has been executed by (a) each Debtor; (b) Consenting Noteholders holding, in aggregate, at least 66 2/3% in principal amount outstanding of all Notes Claims;4 (c) Consenting RBL Lenders holding, in aggregate, at least 66 2/3% in principal amount outstanding of all RBL Claims5; and (d) each of the EnerVest Parties and (ii) all of the outstanding fees and expenses incurred and invoiced as of the date of this Agreement that are required to be paid under Section 7(c) shall have been paid.
RSA Effective Date. The Original Support Agreement became effective on March 1, 2019 (such date, the “RSA Effective Date”).
RSA Effective Date. This Agreement shall become effective (the “RSA Effective Date”), and the obligations contained herein shall become binding upon the Parties, upon the execution and delivery of counterpart signature pages to this Agreement by and among (a) VNR, (b) Consenting Second Lien Note Holders holding, in aggregate, at least two thirds in principal amount outstanding of all Second Lien Note Claims, and (c) Consenting Senior Note Holders holding, in aggregate, at least a majority in principal amount outstanding of all 2020 Note Claims; provided, that, this Agreement shall also be effective, and the obligations contained herein binding upon each of them, upon execution and delivery of counterpart signature pages to this Agreement by Consenting RBL Lenders holding, in aggregate, at least two-thirds in principal amount outstanding and more than one-half in number of all RBL Facility Claims.
RSA Effective Date. This RSA shall become effective and binding upon each of the Parties on the day (the “RSA Effective Date”) on which:
RSA Effective Date. This RSA shall become effective and binding upon each of the Parties according to its terms on the date (the ”RSA Effective Date”) when: (a) each of the entities comprising the Company shall have executed and delivered counterpart signature pages of this RSA, the DIP Commitment Letter, attached hereto as Exhibit B, and the DIP Credit Agreement, attached hereto as Exhibit C, to counsel for the Supporting Lenders; (b) the Supporting Lenders shall have executed and delivered counterpart signature pages of this RSA, the DIP Commitment Letter, and the DIP Credit Agreement to counsel for the Company; (c) the Company shall have delivered the Approved Budget (as defined below), which shall provide for the payment of all reasonable and documented outstanding costs and expenses of Norton Xxxx Xxxxxxxxx US LLP and Ankura Consulting Group, LLC as advisors to the Supporting Lenders that have been invoiced and presented to the Company; and (d) counsel for the Company shall have given notice to counsel for the Supporting Lenders in the manner set forth in Section 9.11 (by email or otherwise) hereof that the other conditions to the RSA Effective Date set forth in this Section 1 have occurred. Notwithstanding the foregoing, the Parties agree that the counterpart signature pages of the Company and the Supporting Lenders to the DIP Credit Agreement shall be held in escrow by their respective opposing counsel and shall be deemed released from escrow upon the entry by the Bankruptcy Court of the Interim DIP Order (as defined in the DIP Credit Agreement) and upon satisfaction or waiver of the other conditions precedent set forth in the DIP Credit Agreement.
RSA Effective Date. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date that all of the following have occurred (such date, the “RSA Effective Date”): (a) the MACH Gen Entities and the Consenting First Lien Holders have executed the Prepetition Amendment and the Prepetition Amendment is effective according to its terms (subject only to the effectiveness of this Agreement), (b) that certain Amendment No. 2 to Collateral Agency and Intercreditor Agreement, attached hereto as Exhibit C (the “Intercreditor Amendment”), which amends that certain Collateral Agency and Intercreditor Agreement, dated as of December 5, 2006 (as amended, supplemented, restated, or modified from time to time (including, unless otherwise required by context, as amended by the Intercreditor Amendment), the “Intercreditor Agreement”), shall have been executed and become effective according to its terms (subject only to the effectiveness of this Agreement), (c) this Agreement has been executed by all of the following: (i) each MACH Gen Entity; (ii) Consenting Equity Holders (A) holding, in aggregate, at least 75% of the voting rights of all issued and outstanding equity interests in the Company (the “Equity Interests”) and (B) comprising, in aggregate, at least one-half in number of all holders of the Equity Interests; (iii) Consenting First Lien Holders (A) holding, in aggregate, at least 66-2/3% in principal amount outstanding of all First Lien Revolver Claims and at least 66-2/3% in principal amount outstanding of all First Lien Term Loan Claims and
