Condition to Each Party’s Obligations. Each Party's obligations under this Agreement are subject to the prior execution of this Agreement by the following persons: a. each member of the Foamex Group; b. each Significant Equityholder; c. each Supporting Secured Noteholder; d. the Ad Hoc Committee (by its counsel), and e. the Senior Secured Notes Indenture Trustee. In no event shall this Agreement be effective with respect to any Party until the conditions set forth in this Section 7 are satisfied.
Appears in 2 contracts
Sources: Plan Support Agreement (Goldman Sachs Group Inc/), Plan Support Agreement (Foamex International Inc)
Condition to Each Party’s Obligations. Each Party's ’s obligations under this Agreement are subject to the prior execution of this Agreement by the following persons:
a. each member of the Foamex Group;
b. each Significant Equityholder;
c. each Supporting Secured Noteholder;
d. the Ad Hoc Committee (by its counsel), and
e. the Senior Secured Notes Indenture Trustee. In no event shall this Agreement be effective with respect to any Party until the conditions set forth in this Section 7 are satisfied.
Appears in 1 contract
Sources: Plan Support Agreement (D. E. Shaw Laminar Portfolios, L.L.C.)