Common use of Actions Under Certain Documents Clause in Contracts

Actions Under Certain Documents. Without the prior written consent of the Administrative Agent and the Required Lenders, modify, amend or supplement the Senior Note Agreement or any agreement governing Subordinated Debt to (i) increase the principal amount of the indebtedness thereunder, (ii) increase the interest rate thereunder, (iii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the indebtedness outstanding thereunder or make the requirement of prepayment more onerous, (iv) make any more onerous any other provision thereof, or (v) with respect to Subordinated Debt, amend or modify the subordination provisions thereof.

Appears in 2 contracts

Samples: Credit Agreement (Intermet Corp), Credit Agreement (Ironton Iron Inc)

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Actions Under Certain Documents. Without the prior written consent of the Administrative Agent and the Required Lenders, modify, amend or supplement the Senior Note Agreement or any agreement governing Subordinated Debt to (i) increase the principal amount of the indebtedness thereunder, (ii) increase the interest rate thereunder, (iii) modify any requirement of prepayment or repayment thereunder which would shorten the final maturity or average life of the indebtedness outstanding thereunder or make the requirement of prepayment more onerous, (iv) make any more onerous any other provision thereof, or (v) with respect to Subordinated Debt, amend or modify the subordination provisions thereof.

Appears in 2 contracts

Samples: Term Loan Agreement (Intermet Corp), Intermet Corp

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