Common use of Restructuring Plan Clause in Contracts

Restructuring Plan. The Agent and the Lenders hereby acknowledge that the Borrowers have delivered to the Agent and the Lenders a preliminary Restructuring Plan. The Borrowers hereby agree to (A) make such revisions to the preliminary Restructuring Plan as the Agent and the Lenders may reasonably require, (B) provide to the Agent and the Lenders a final Restructuring Plan that has been approved by the holders of the Parent Notes and the Iron Age Notes, which final Restructuring Plan shall be in form and substance satisfactory to the Agent and the Lenders in their reasonable discretion and (C) consummate the final Restructuring Plan prior to the expiration of the Waiver Period, and reaffirm their obligations under paragraph 4(d) of the June Letter Agreement to (A) participate in conference calls with the Agent and the Lenders at least weekly to report on the status of the Restructuring Plan and (B) fully cooperate with the Agent and the Lenders in connection with the Restructuring Plan.