Common use of Modification of Plan Clause in Contracts

Modification of Plan. No modification or change to the Plan shall release the Consenting Holder from obligations under this Agreement if the Plan remains substantially similar in all economic and other respects to the Plan Summary, and if such modification or change does not negatively impact or lessen the economic recovery or other rights that such Consenting Holder will receive under the Plan.

Appears in 3 contracts

Samples: Voting and Consent Agreement (Gray Communications Systems Inc /Ga/), Voting and Consent Agreement (Gray Communications Systems Inc /Ga/), Voting and Consent Agreement (Gray Communications Systems Inc /Ga/)

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Modification of Plan. No modification or change to the Plan shall release the Consenting Holder from obligations under this Agreement if the Plan remains substantially similar in all economic and other respects to the Plan Summary, and if such modification or change does not negatively impact or lessen the economic recovery or other rights in any respect that such Consenting Holder will receive under the Plan.

Appears in 1 contract

Samples: Voting and Consent Agreement (Gray Communications Systems Inc /Ga/)

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