Common use of Tax Structure Clause in Contracts

Tax Structure. To the extent practicable, the Restructuring contemplated by this Term Sheet will be structured so as to obtain the most beneficial tax structure for the Company and the Senior Noteholders, as determined by the Company and with the consent of the Required Consenting Senior Noteholders (such consent not to be unreasonably withheld).

Appears in 1 contract

Sources: Restructuring Support Agreement (Extraction Oil & Gas, Inc.)

Tax Structure. To the extent practicablepossible, the Restructuring contemplated by this Term Sheet will be structured so as to obtain the most beneficial tax structure for the Company and the Senior Noteholders, their equity holders post-transaction as determined by the Company and with the written consent of the Required Consenting Senior Requisite Third Lien Noteholders (with such consent not to be unreasonably withheld).

Appears in 1 contract

Sources: Restructuring Agreement (Halcon Resources Corp)

Tax Structure. To the extent practicable, the Restructuring contemplated by this Term Sheet will be structured so as to obtain the most beneficial tax structure for the Company Company, the Initial Supporting Noteholders and the Senior NoteholdersCompany’s equity holders post-Restructuring, as determined by the Company and with the consent of the Required Consenting Senior Initial Supporting Noteholders (such consent not to be unreasonably withheld)and in consultation with Access.

Appears in 1 contract

Sources: Plan Support Agreement (EP Energy LLC)

Tax Structure. To the extent practicable, the Restructuring contemplated by this Term Sheet will be structured (in consultation with the Consenting Creditors) so as to obtain the most beneficial tax structure for the Company Company, its equity holders post-transaction, holders of Existing Equity Interests, and the holders of Senior Noteholders, Notes Claims as determined by the Company and with the consent of the Required Consenting Senior Noteholders (such consent not to be unreasonably withheld)Company.

Appears in 1 contract

Sources: Restructuring Support Agreement (Halcon Resources Corp)