Common use of Debt Restructuring Clause in Contracts

Debt Restructuring. Promptly after the Effective Date, the Company shall use commercially reasonable efforts to enter into, and cause the Group Companies party to the Category Four Loan Agreements to enter into, the Binding Debt Restructuring Documents that shall include the terms set forth in Schedule 5.7 attached hereto, and exercise its commercially reasonable efforts to take, or cause to be taken, appropriate action, and do, or cause to be done, such things as are necessary, proper or advisable under applicable Laws or otherwise to consummate and make effective the Debt Restructuring as soon as reasonably practicable, including, without limitation, obtaining all Permits, consents, approvals, authorizations, qualifications and orders of Governmental Authorities (and consents, approvals and agreements of Persons other than Governmental Authorities, including the Company Shareholders’ Approval) necessary for the consummation of the Debt Restructuring.

Debt Restructuring. Promptly after the Effective Date, the Company shall use commercially reasonable efforts to enter into, and cause the Group Companies party to the Category Four Loan Agreements to enter into, the Binding Debt Restructuring Documents that shall include the terms set forth in Schedule 5.7 5.8 attached hereto, and exercise its commercially reasonable efforts to take, or cause to be taken, appropriate action, and do, or cause to be done, such things as are necessary, proper or advisable under applicable Laws or otherwise to consummate and make effective the Debt Restructuring as soon as reasonably practicable, including, without limitation, obtaining all Permits, consents, approvals, authorizations, qualifications and orders of Governmental Authorities (and consents, approvals and agreements of Persons other than Governmental Authorities, including the Company Shareholders’ Approval) necessary for the consummation of the Debt Restructuring.