Common use of Debt Restructuring Clause in Contracts

Debt Restructuring. The Parties have agreed to the Debt Restructuring, the terms of which are described in the attached Exhibit A (the “Term Sheet”). The parties hereto agree that the Debt Restructuring shall become effective in accordance with the terms of this Agreement immediately following the Acceptance Date, it being understood that if this Agreement is terminated prior to the Acceptance Date, then the Holders shall have no remaining obligations under Section 4 of this Agreement.

Appears in 2 contracts

Sources: Restructuring Support Agreement (Highland Capital Management Lp), Restructuring Support Agreement (American Homepatient Inc)