Examples of Restructuring Support Agreement in a sentence
Debtors’ Covenants Affirmative covenants of the Debtors as set forth in the Restructuring Support Agreement, provided, that the Debtors shall also covenant to: ▪ comply with securities laws and any blue sky law or similar compliance; and ▪ make any filings in connection with the Backstop Commitment Agreement required by HSR and any other applicable antitrust laws or other applicable laws (and assist any Backstop Party in making any such filings).
Any and all documentation necessary to effectuate the Restructuring shall be in form and substance consistent with this Restructuring Term Sheet and the Restructuring Support Agreement and otherwise reasonably satisfactory to those parties who are party to such documentation or otherwise have consent rights specified in this Restructuring Term Sheet or the Restructuring Support Agreement.
Capitalized terms used and not otherwise defined in this Backstop Term Sheet have the meanings assigned thereto in the Restructuring Support Agreement and the Restructuring Term Sheet.
Outside Date The Backstop Commitment Agreement shall automatically terminate on the date that is 180 days after the Support Date (as defined in the Restructuring Support Agreement) (the “Outside Date”).
This summary term sheet (this “Backstop Term Sheet”) sets forth the principal terms of the Rights Offering and related backstop arrangement referred to in the Restructuring Term Sheet, dated as of July 31, 2020 (the “Restructuring Term Sheet”), which is attached as Exhibit B to that certain Restructuring Support Agreement (the “Restructuring Support Agreement”) by and among Noble Corporation plc, certain of its affiliates and subsidiaries, and the creditor parties thereto.