Common use of Actions Under Certain Documents Clause in Contracts

Actions Under Certain Documents. Without the prior written consent of the Lender (which consent shall not be unreasonably withheld), modify, amend, cancel or rescind the Intercompany Loans or Intercompany Credit Documents (except that a loan between Consolidated Companies as permitted by Section 8.1 may be modified or amended so long as it otherwise satisfies the requirements of Section 8.1), or make demand of payment or accept payment on any Intercompany Loans permitted by Section 8.1, except that current interest accrued thereon as of the date of this Agreement and all interest subsequently accruing thereon (whether or not paid currently) may be paid unless a Default or Event of Default has occurred and is continuing.

Appears in 7 contracts

Samples: Term Loan Agreement, Revolving and Term Loan Agreement, Revolving and Term Loan Agreement (Brown & Brown Inc)

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Actions Under Certain Documents. Without the prior written consent of the Lender Purchaser (which consent shall not be unreasonably withheld), modify, amend, cancel or rescind the Intercompany Loans or Intercompany Credit Documents (except that a loan between Consolidated Companies as permitted by Section 8.1 7.1 may be modified or amended so long as it otherwise satisfies the requirements of Section 8.17.1), or make demand of payment or accept payment on any Intercompany Loans permitted by Section 8.16.12, except that current interest accrued thereon as of the date of this Agreement and all interest subsequently accruing thereon (whether or not paid currently) may be paid unless a Default or Event of Default has occurred and is continuing.

Appears in 1 contract

Samples: Convertible Subordinated Note Purchase Agreement (Consolidated Stainless Inc)

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Actions Under Certain Documents. Without the prior written consent of the Lender (which consent shall not be unreasonably withheld), modify, amend, cancel or rescind any agreements or documents evidencing or governing Subordinated Debt or the Intercompany Loans or Intercompany Credit Documents (except that a loan between Consolidated Companies as senior Indebtedness permitted by pursuant to Section 8.1 may be modified or amended so long as it otherwise satisfies the requirements of Section 8.1)7.01 hereof, or make demand of payment or accept payment on any Intercompany Loans permitted by Section 8.17.01, except that current interest accrued thereon as of the date of this Agreement and all interest subsequently accruing thereon (whether or not paid currently) may be paid unless a Default or Event of Default has occurred and is continuing.

Appears in 1 contract

Samples: Real Estate Term Credit Agreement (Hughes Supply Inc)

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