Effect of Non. occurrence of Conditions to the Effective Date. If the Merger Agreement is terminated in accordance with its terms, then the Confirmation Order shall be vacated by the Bankruptcy Court unless the Debtors, Arch or the Committee files a motion opposing the vacation of the Confirmation Order within ten Business Days after termination of the Merger Agreement. The Confirmation Order may not be vacated after all the conditions to the Effective Date have either occurred or been waived.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Mobilemedia Communications Inc), Merger Agreement (Mobilemedia Corp)