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CMCSA » Topics » (i) to the extent relating to the 363 Motion, the 363 Order, the 363 Sale or the JV Plan, in form and substance reasonably satisfactory to Buyer in all respects and (ii) in all other cases,This excerpt taken from the CMCSA 8-K filed Jun 27, 2006. (i) to the
extent relating to the 363 Motion, the 363 Order, the 363 Sale or the JV Plan,
in form and substance reasonably satisfactory to Buyer in all respects and (ii) in
all other cases, in form and
substance reasonably satisfactory to Buyer in all material respects. On or
prior to the Closing, Seller shall, and shall cause its Affiliates to, cure any
and all defaults and breaches under and satisfy (or with respect to any Assumed
Liability or obligation that cannot be rendered non-contingent and liquidated
prior to the Closing Date, make effective provision satisfactory to Buyer and
the Bankruptcy Court for satisfaction from funds of Seller) any Liability
(other than as to Assumed Cure Costs) arising from or relating to pre-Closing
periods under the Assigned Contracts so that such Contracts may be assumed by
Seller or
112 its Affiliates and assigned to Buyer in accordance with the provisions of section 365 of the Bankruptcy Code and this Agreement. On or prior to the Closing, Seller shall, and shall cause its Affiliates to, pay or make adequate reserve for all Cure Costs other than the Assumed Cure Costs.(f) Seller shall, and shall cause its Affiliates to, and Buyer shall, each use commercially reasonable efforts, and cooperate, assist and consult with each other, as promptly as practicable, to secure approval of the Disclosure Statement, confirmation of the Plan [and consummation of the transactions contemplated by the Plan and this Agreement. Neither the Plan nor] |
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