Common use of Restructuring Support Agreement Clause in Contracts

Restructuring Support Agreement. On or prior to the Scheduled Forbearance Period End Date (or such later date as the Forbearing Lenders may agree in their sole discretion), the Borrower shall execute and deliver a restructuring support agreement (including term sheet) with the Term Lenders holding at least two-thirds (2/3) of outstanding principal amount of the Term Loans under the Credit Agreement to effectuate a comprehensive restructuring satisfactory to the ad hoc group of Lenders represented by the Creditor Advisors (as defined below) and the Company (the “RSA”).