Support of Restructuring Sample Clauses

Support of Restructuring. Each of the Consenting Lenders hereby agrees severally (and not jointly) that, for the duration of the Restructuring Support Period, unless otherwise required or prohibited by Law, such Consenting Lender shall:
AutoNDA by SimpleDocs
Support of Restructuring. Each Additional Investor hereby agrees that concurrently with the execution of this Agreement such Additional Investor shall be bound, and shall cause its Affiliates to be bound, by the EPCA; provided, that the Initial Investors are not hereby assigning and the Additional Investors are not hereby assuming the primary obligations of the Initial Investors pursuant to the EPCA. Such agreement by each Additional Investor shall be a condition precedent to the obligations of the Initial Investors hereunder regarding such Additional Investor, and the Initial Investors may, in their sole discretion, terminate this Agreement with respect to such Additional Investor if such Additional Investor fails to comply with the requirements set forth in this Section. Notwithstanding the foregoing, no agreement is made on behalf of any Fiduciary Affiliate to the extent such agreement would be prohibited by the fiduciary duties of such Fiduciary Affiliates. The term Fiduciary Affiliates shall mean, with respect to any Additional Investor, the specific entities identified as such on Schedule I hereto.
Support of Restructuring. From the RSA Effective Time and as long as this Agreement has not been terminated pursuant to the terms hereof (such period, the “Effective Period”), and subject to the terms of this Agreement (including the terms and conditions set forth in the Restructuring Term Sheet), each Supporting Noteholder agrees that it shall:
Support of Restructuring. As long as a Consenting Claimant Termination Event (as defined herein) has not occurred, or has occurred but has been duly waived in accordance with the terms hereof, the Consenting Claimants each agree to, and, promptly after the execution of this Agreement, shall Direct the Trustees, in accordance with the terms and conditions of the Governing Agreements, to:
Support of Restructuring. VoteCo hereby agrees to, and shall cause its Members to:
Support of Restructuring. From the date of this Agreement and as long as this Agreement has not been terminated pursuant to its terms (such period, the “Effective Period”), subject to the terms of this Agreement, each Supporting Lender severally agrees that it shall:
Support of Restructuring. Each Consenting Lender agrees that for so long as this Agreement remains in effect, it (i) shall in no way directly or indirectly, support any restructuring or reorganization of the Company Group (or any plan or proposal in respect of the same) that is not consistent with, or does not implement or achieve, the Restructuring Terms, or (ii) shall not (A) directly or indirectly seek, solicit, pursue, support or encourage any other plan or the termination of the exclusive period for the filing of any plan, proposal or offer of dissolution, winding up, liquidation, reorganization, merger or restructuring of the Company Group that could be expected to prevent, delay or impede the successful restructuring of the Company Group as contemplated by the Restructuring Terms, any Conforming Plan and the Conforming Restructuring Loan Documents, (B) object to the Conforming Disclosure Statement or the solicitation of votes for the Conforming Plan or support any such objection by a third party; provided however, that the Consenting Lender may object to the Conforming Disclosure Statement solely on the basis that it does not contain adequate information as required by Section 1125 of the Bankruptcy Code, or (C) take any other action that is inconsistent with, or that would delay confirmation of, the Conforming Plan. Nothing contained herein shall limit the ability of a Consenting Lender to consult with any member of the Company Group, or to appear and be heard, concerning any matter arising in the Chapter 11 Cases so long as such consultation or appearance is consistent with the Consenting Lender's obligations hereunder and the terms of the Conforming Plan, the Conforming Loan Restructuring Documents, the Restructuring Terms and this Agreement.
AutoNDA by SimpleDocs
Support of Restructuring. Acquisition Inc. shall not seek to revoke or modify the Stockholder Consent. Prior to the Closing, at any meeting of the stockholders of POI called with respect to the Restructuring, and at every postponement or adjournment thereof, and with respect to any action or approval by written consent of POI’s stockholders with respect to the Restructuring, Acquisition Inc. agrees to vote its shares of Common Stock in favor of, or consent to, and to cause its Affiliates to vote in favor of, or consent to, the Restructuring. Prior to the Closing, Acquisition Inc. will not, and will cause its Affiliates not to, enter into any agreement or understanding with any person or entity to vote or give instructions in any manner inconsistent with this Agreement. For avoidance of doubt, the provisions of this Section 6.4 shall not survive termination of this Agreement.
Support of Restructuring. (a) During the term of this Agreement, Sponsors shall, in their capacity as Sponsors (including in their capacity as shareholders arising from any and all future purchases of common stock and as the holders of any unsecured or other claims against the Company) (and shall cause each of their representatives, agents and employees to) (i) use their commercially reasonable efforts to facilitate the solicitation, approval, confirmation and consummation of the Sponsored Restructuring on a timely basis; and (ii) not object to, challenge, vote to reject, or otherwise take any action or commence or participate, directly or indirectly, in any proceeding opposing any of the terms of the Sponsored Restructuring; provided, however, prior to voting on a plan of reorganization (whether in accordance with the provisions of this Section 2(b) or any other provision of this Agreement), Sponsors shall have received a disclosure statement in compliance with 11 U.S.C. § 1125.
Support of Restructuring 
Time is Money Join Law Insider Premium to draft better contracts faster.