Common use of Extension of Exclusivity Clause in Contracts

Extension of Exclusivity. Without the prior consent of the ------------------------ Majority Lenders, the entry of an order by the Bankruptcy Court extending any exclusive right that any of the Debtors may have to (i) propose any plan of reorganization in the Chapter 11 Cases to a date more than 120 days after the Commencement Date or (ii) solicit votes for or seek the confirmation of any plan of reorganization in the Chapter 11 Cases to a date more than 180 days after the Commencement Date.

Appears in 1 contract

Sources: Post Petition Multicurrency Superpriority Credit Agreement (Apw LTD)

Extension of Exclusivity. Without the prior consent of the ------------------------ Majority Lenders, the The entry of an order by the Bankruptcy Court extending any exclusive right that any of the Debtors may have to (i) propose any plan of reorganization in the Chapter 11 Cases to a date more than 120 days after the Commencement Filing Date or (ii) solicit votes for or seek the confirmation of any plan of reorganization in the Chapter 11 Cases to a date more than 180 days after the Commencement Filing Date.

Appears in 1 contract

Sources: Post Petition Credit Agreement (U S Aggregates Inc)