Common use of Actions Under Certain Documents Clause in Contracts

Actions Under Certain Documents. Without the prior written consent of the Administrative Agent (which consent shall not be unreasonably withheld), modify, amend, cancel or rescind the Intercompany Loans or Intercompany Loan Documents, or any agreements or documents evidencing or governing Subordinated Debt or the senior Indebtedness permitted pursuant to Section 8.01 hereof (except that a loan between Consolidated Companies as permitted by Section 8.01 may be modified or amended so long as it otherwise satisfies the requirements of Section 8.01), or make demand of payment or accept payment on any Intercompany Loans permitted by Section 8.01, 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: Credit Agreement (Hughes Supply Inc)

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Actions Under Certain Documents. Without the prior written consent of the Administrative Domestic Agent (which consent shall not be unreasonably withheld), modify, amend, cancel or rescind the Intercompany Loans or Intercompany Loan Documents, or Subordinated Debt or any agreements or documents evidencing or governing Subordinated Debt or the senior Indebtedness permitted pursuant to Section 8.01 hereof (except that a loan between Consolidated Companies as an Intercompany Loan permitted by Section 8.01 or Section 8.05 may be modified or amended so long as it otherwise satisfies the requirements of Section 8.018.01 or Section 8.05, respectively), or make demand of payment or accept payment on any Intercompany Loans except as otherwise expressly permitted by in this Section 8.018, and 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 an Event of Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Interface Inc)

Actions Under Certain Documents. Without the prior written consent of the Administrative Agent (which consent shall not be unreasonably withheld), modify, amend, cancel or rescind the Intercompany Loans or Intercompany Loan Documents, or any agreements or documents evidencing or governing Subordinated Debt or the senior Indebtedness permitted pursuant to Section 8.01 hereof Credit Documents (except that a loan between Consolidated Companies as permitted by Section 8.01 8.1(e) hereof may be modified or amended so long as it otherwise satisfies the requirements of Section 8.018.1), or make demand of payment or accept payment on any Intercompany Loans permitted by Section 8.018.1(e) hereof, 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: Term Loan Agreement (Serengeti Eyewear Inc)

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Actions Under Certain Documents. Without the prior written consent of the Administrative Agent (which consent shall not be unreasonably withheld), modify, amend, cancel or rescind the Intercompany Loans or Intercompany Loan Documents, or any agreements or documents evidencing or governing Subordinated Debt or the senior Indebtedness permitted pursuant to Section 8.01 hereof (except that a loan between Consolidated Companies as permitted by Section 8.01 may be modified or amended so long as it otherwise satisfies the requirements of Section 8.01), or make demand of payment or accept payment on any Intercompany Loans permitted by Section 8.01, 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: Credit Agreement (Hughes Supply Inc)

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