Common use of Restructuring Plan Clause in Contracts

Restructuring Plan. WCI shall be afforded an opportunity to review and to have access to the Company's third party consultants involved in the Company's restructuring plans. As promptly as practicable, WCI shall (i) suggest any modifications to the Company's restructuring plans they feel are advisable and (ii) in good faith notify the Company if the Purchasers do not reasonably believe that the savings reflected in such restructuring plan are reasonably achievable. The Company agrees to consider in good faith any suggestions presented by WCI with respect to the restructuring plan.

Appears in 3 contracts

Sources: Purchase Agreement (Wasserstein & Co Inc), Purchase Agreement (Bianco Joseph J), Purchase Agreement (Alliance Entertainment Corp)

Restructuring Plan. WCI shall be afforded an opportunity to review and ------------------ to have access to the Company's third party consultants involved in the Company's restructuring plans. As promptly as practicable, WCI shall (i) suggest any modifications to the Company's restructuring plans they feel are advisable and (ii) in good faith notify the Company if the Purchasers do not reasonably believe that the savings reflected in such restructuring plan are reasonably achievable. The Company agrees to consider in good faith any suggestions presented by WCI with respect to the restructuring plan.

Appears in 1 contract

Sources: Purchase Agreement (Bankers Trust New York Corp)