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Common use of Affected Lenders’ Consent Clause in Contracts

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender that would be affected thereby, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Loan or Note; (ii) waive, reduce or postpone any scheduled repayment (but not prepayment); (iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.9) or any fee payable hereunder; (iv) extend the time for payment of any such interest or fees; (v) reduce or forgive the principal amount of any Loan; (vi) amend, modify, terminate or waive any provision of this Section 10.5(b), Section 10.5(c) or Section 2.16 hereof, or Section 7.2 of the Pledge and Security Agreement; (vii) amend the definition of “Requisite Lenders” or “Pro Rata Share”; (viii) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Documents; (ix) consent to the assignment or transfer by any Credit Party of any of its rights and obligations under any Credit Document; or (x) modify the term “Interest Period” so as to permit intervals in excess of six (6) months.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Douglas Dynamics, Inc), Credit and Guaranty Agreement (Douglas Dynamics, Inc)

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender (other than a Defaulting Lender) that would be affected thereby, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Loan or Note; (ii) waive, reduce or postpone any scheduled repayment (but not prepayment); (iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.92.6) or any fee payable hereunder; (iv) extend the time for payment of any such interest or fees; (v) reduce or forgive the principal amount of any Loan; (vi) amend, modify, terminate or waive any provision of this Section 10.5(b), Section 10.5(c) or Section 2.16 hereof, or Section 7.2 of the Pledge and Security Agreement10.5(b)(i); (vii) amend the definition of “Requisite "Required Lenders" or "Pro Rata Share"; (viii) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Loan Documents; (ix) subordinate any of the Obligations or any Lien created by this Agreement or any other Loan Document; or (x) consent to the assignment or transfer by any Credit Loan Party of any of its rights and obligations under any Credit Loan Document; or (x) modify the term “Interest Period” so as to permit intervals in excess of six (6) months.

Appears in 1 contract

Samples: Financing Agreement (TherapeuticsMD, Inc.)

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender that would be affected thereby, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Loan or Note; (ii) waive, reduce or postpone any scheduled repayment (but not or mandatory prepayment); (iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.92.10) or any fee payable hereunderhereunder or waive, amend or reduce any prepayment premium; (iv) extend the time for payment of any such interest interest, fees or feesprepayment premium; (v) reduce or forgive the principal amount of any Loan; (vi) amend, modify, terminate or waive any provision of Section 2.17, this Section 10.5(b), Section 10.5(c) or Section 2.16 hereof, or Section 7.2 of the Pledge and Security Agreement10.5(c); (vii) amend the definition of “Requisite Lenders” "REQUISITE LENDERS" or “Pro Rata Share”"PRO RATA SHARE"; (viii) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Documents;; or (ix) consent to the assignment or transfer by any Credit Party of any of its rights and obligations under any Credit Document; or (x) modify the term “Interest Period” so as to permit intervals in excess of six (6) months.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender (other than a Defaulting Lender) that would be affected thereby, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Loan or Note; (ii) waive, reduce or postpone any Installment or other scheduled repayment (but not prepayment); (iii) extend the stated expiration date of any Letter of Credit beyond the Revolving Commitment Termination Date; A&R FIRST LIEN CREDIT AND GUARANTY AGREEMENT (iv) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.92.10) or any fee payable hereunder; (ivv) extend the time for payment of any such interest or fees; (vvi) reduce or forgive the principal amount of any LoanLoan or any reimbursement obligation in respect of any Letter of Credit; (vivii) amend, modify, terminate or waive any provision of Section 2.17, this Section 10.5(b), Section 10.5(c) or Section 2.16 hereof, or Section 7.2 of the Pledge and Security Agreement10.5(c); (viiviii) amend the definition of “Requisite Lenders” or “Pro Rata Share”; (viiiix) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Documents;; or (ixx) consent to the assignment or transfer by any Credit Party of any of its rights and obligations under any Credit Document; or (x) modify the term “Interest Period” so as to permit intervals in excess of six (6) months.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender (other than a Defaulting Lender) that would be affected thereby, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Loan or Note; (ii) waive, reduce or postpone any scheduled repayment (but not prepayment)repayment; (iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.92.6) or any fee payable hereunder; (iv) extend the time for payment of any such interest or fees; (v) reduce or forgive the principal amount of any Loan; (vi) amend, modify, terminate or waive any provision of this Section 10.5(b), Section 10.5(c) or Section 2.16 hereof, or Section 7.2 of the Pledge and Security Agreement;10.5(c); | (vii) amend the definition of “Requisite Required Lenders” or “Pro Rata Share”; (viii) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Loan Documents; (ix) subordinate any of the Obligations or any Lien created by this Agreement or any other Loan Document; or (x) consent to the assignment or transfer by any Credit Loan Party of any of its rights and obligations under any Credit Loan Document; or (x) modify the term “Interest Period” so as to permit intervals in excess of six (6) months.

Appears in 1 contract

Samples: Financing Agreement (BridgeBio Pharma, Inc.)

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender that would be affected therebythereby and the Borrower, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Loan or Note; (ii) waive, reduce or postpone any scheduled repayment (but not prepayment);. (iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.92.7) or any fee or any premium payable hereunder; (iv) extend the time for payment of any such interest or fees; (v) reduce or forgive the principal amount of any Loan; (vi) amend, modify, terminate or waive any provision of this Section 10.5(b), Section 10.5(c) or Section 2.16 hereof, or Section 7.2 any other provision of this Agreement that expressly provides that the Pledge and Security Agreementconsent of all Lenders is required; (vii) amend the definition of “Requisite Lenders” or “Pro Rata Share”; (viii) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Documents; (ix) consent to the assignment or transfer by any Credit Party of any of its rights and obligations under any Credit Document; or (x) modify amend, modify, terminate or waive any provision of Section 8.1 of the term “Interest Period” so Pledge and Security Agreement, as the same applies to permit intervals the Collateral Agent, or any other provision thereof as the same applies to the rights or obligations of the Collateral Agent, in excess each case without the consent of six (6) monthsthe Collateral Agent.

Appears in 1 contract

Samples: Second Lien Credit and Guaranty Agreement (Movie Gallery Inc)

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender that would be affected thereby, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Term Loan or Note;Maturity Date; SECOND LIEN CREDIT AGREEMENT EXECUTION 87 (ii) waive, reduce or postpone any scheduled repayment (but not prepayment); (iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.9) or any fee payable hereunderhereunder or waive, amend or reduce any prepayment premium; (iv) extend the time for payment of any such interest interest, fees or feesprepayment premium; (v) reduce or forgive the principal amount of any Loan; (vi) amend, modify, terminate or waive any provision of this Section 10.5(b), Section 10.5(c) or Section 2.16 hereof, or Section 7.2 of the Pledge and Security Agreement10.5(c); (vii) amend the definition of “Requisite Lenders” "REQUISITE LENDERS" or “Pro Rata Share”"PRO RATA SHARE"; (viii) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Documents;; or (ix) consent to the assignment or transfer by any Credit Party of any of its rights and obligations under any Credit Document; or (x) modify the term “Interest Period” so as to permit intervals in excess of six (6) months.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Carmike Cinemas Inc)

Affected Lenders’ Consent. Without the written consent of the Requisite Lenders and each Lender that would be affected thereby, no amendment, modification, termination, or consent shall be effective if the effect thereof would: (i) extend the scheduled final maturity of any Loan or Note; (ii) waive, reduce or postpone any scheduled repayment (but not prepayment); (iii) reduce the rate of interest on any Loan (other than any waiver of any increase in the interest rate applicable to any Loan pursuant to Section 2.9) or any fee payable hereunder; (iv) extend the time for payment of any such interest or fees; (v) reduce or forgive the principal amount of any Loan; (vi) amend, modify, terminate or waive any provision of this Section 10.5(b), Section 10.5(a), Section 10.5(c) or Section 2.16 hereof, 2.15(c) hereof or Section 7.2 of the Pledge and Security Agreement2.15(g); (vii) amend the definition of “Requisite Lenders” or “Pro Rata Share”; (viii) release all or substantially all of the Collateral or all or substantially all of the Guarantors from the Guaranty except as expressly provided in the Credit Documents; (ix) consent to the assignment or transfer by any Credit Party of any of its rights and obligations under any Credit Document; or (x) modify the term “Interest Period” so as to permit intervals in excess of six (6) months.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hydrofarm Holdings Group, Inc.)