Common use of Petition Date Clause in Contracts

Petition Date. The Petition Date shall have occurred, and each Credit Party shall be a debtor and a debtor-in-possession in the Cases. The Requisite Lenders shall have had the opportunity to review and did not object to all “first day” motions and orders prior to the Petition Date.

Appears in 2 contracts

Sources: Term Credit and Guaranty Agreement (QualTek Services Inc.), Restructuring Support Agreement (QualTek Services Inc.)