Common use of Holder Actions Clause in Contracts

Holder Actions. (a) Each Holder hereby approves and consents to the Offer. Each Holder shall tender or cause to be tendered all Old Notes beneficially owned by it or its affiliates pursuant to the Offer and shall vote or cause to be voted all such Old Notes in favor of the approval and adoption of the Plan of Reorganization, and will not vote in favor of any other plan of reorganization or any action that is intended or could reasonably be expected to adversely affect the Plan of Reorganization.

Appears in 4 contracts

Samples: Restructuring Agreement (Icahn Carl C Et Al), Restructuring Agreement (Viskase Companies Inc), Restructuring Agreement (Viskase Companies Inc)

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