Common use of Plan and Confirmation Order Clause in Contracts

Plan and Confirmation Order. To the extent that the material terms of the following have a material impact on the Investors' proposed investment in the Company, (a) the Plan confirmed by the Bankruptcy Court in the Confirmation Order (the "Confirmed Plan") and the Confirmation Order shall be in the form and with such terms as are reasonably satisfactory to each of ADAH and Dolce in accordance with Section 9(a)(ii) abov▇ ▇▇d (b) the Disclosure Statement approved by the Bankruptcy Court shall be in form and substance reasonably satisfactory to each of ADAH and Dolce in accordance with Section 9(a)(ii) abov▇. ▇otwithstanding the foregoing, prior to the Due Diligence Expiration Date, the standard for the approval by each of ADAH and Dolce of the Confirmed Plan, the Confirmation ▇▇▇▇r and the Disclosure Statement shall be each in its sole discretion.

Appears in 1 contract

Sources: Equity Purchase and Commitment Agreement (Appaloosa Management Lp)

Plan and Confirmation Order. To the extent that the material terms of the following have a material impact on the Investors' proposed investment in the Company, (a) the Plan confirmed by the Bankruptcy Court in the Confirmation Order (the "Confirmed Plan") and the Confirmation Order shall be in the form and with such terms as are reasonably satisfactory to each of ADAH A▇▇▇ and Dolce in accordance with Section 9(a)(ii) abov▇ ▇▇d above and (b) the Disclosure Statement approved by the Bankruptcy Court shall be in form and substance reasonably satisfactory to each of ADAH A▇▇▇ and Dolce in accordance with Section 9(a)(ii) abov▇above. ▇otwithstanding Notwithstanding the foregoing, prior to the Due Diligence Expiration Date, the standard for the approval by each of ADAH A▇▇▇ and Dolce of the Confirmed Plan, the Confirmation ▇▇▇▇r Order and the Disclosure Statement shall be each in its sole discretion.

Appears in 1 contract

Sources: Equity Purchase and Commitment Agreement (Delphi Corp)

Plan and Confirmation Order. To the extent that the material terms of the following have a material impact on the Investors' proposed investment in the Company, (a) the Plan confirmed by the Bankruptcy Court in the Confirmation Order (the "Confirmed Plan") and the Confirmation Order shall be in the form and with such terms as are reasonably satisfactory to each of ADAH and Dolce in accordance with Section 9(a)(ii) abov▇ ▇▇d ▇ve and (b) the Disclosure Statement approved by the Bankruptcy Court shall be in form and substance reasonably satisfactory to each of ADAH and Dolce in accordance with Section 9(a)(ii) abov▇▇ve. ▇otwithstanding Notwithstanding the foregoing, prior to the Due Diligence Expiration Date, the standard for the approval by each of ADAH and Dolce of the Confirmed Plan, the Confirmation Confirma▇▇▇▇r ▇ Order and the Disclosure Statement shall be each in its sole discretion.

Appears in 1 contract

Sources: Equity Purchase and Commitment Agreement (Harbinger Capital Partners Master Fund I, Ltd.)