Common use of Supplemental Declaration Clause in Contracts

Supplemental Declaration. Upon execution of this Settlement Agreement the GTAT Parties shall file an emergency motion to withdraw and strike from the docket and record of the Chapter 11 Cases each Supplemental Declaration in Support of Chapter 11 Petitions and First Day Motions, filed with the Bankruptcy Court on or before the date of this Settlement Agreement (each, a “Declaration”). It shall be a condition to the occurrence of the Effective Date that (i) each Declaration remain sealed until the Bankruptcy Court enters an order withdrawing and striking such Declaration from the docket (the “Expungement Order”) and (ii) the Bankruptcy Court enter the Expungement Order (which may be the Approval Order), which order shall also contain a provision directing any party that received any such Declaration to destroy it immediately. This Section 11 shall be effective upon the execution of this Settlement Agreement.

Appears in 3 contracts

Sources: Adequate Protection and Settlement Agreement (GT Advanced Technologies Inc.), Settlement Agreement (GT Advanced Technologies Inc.), Adequate Protection and Settlement Agreement (GT Advanced Technologies Inc.)