AMENDMENT TO PLAN. Any time prior to the Plan Effective Date, with respect to any Plan proposed in the Bankruptcy Proceeding, make or consent to any amendment to the Plan that could be reasonably expected to materially and adversely affect (i) the ability of the Borrower to perform its obligations under Section 2.15 or under any of the Credit Documents entered into prior to the Plan Effective Date or (ii) the rights and remedies of the Bank hereunder or under any of the Credit Documents or with respect to the Collateral.
Appears in 2 contracts
Sources: Letter of Credit Reimbursement Agreement, Letter of Credit Reimbursement Agreement (Loral Space & Communications LTD)
AMENDMENT TO PLAN. Any time prior to On or after the Plan Effective Date, with respect to any Plan proposed in the Bankruptcy Proceeding, make or consent to any amendment to the Plan (as the same is in effect on the Plan Effective Date) that could reasonably be reasonably expected to materially and adversely affect (i) the ability of the Borrower to perform its obligations under Section 2.15 hereunder or under any of the Credit Documents entered into prior to on or as of the Plan Effective Date or (ii) the rights and remedies of the Bank hereunder or under any of the Credit Documents or with respect to the Collateral.
Appears in 1 contract
Sources: Letter of Credit Reimbursement Agreement (Loral Space & Communications Inc.)