Alteration of Material Agreements. Borrower shall not, and shall not permit its Subsidiaries to, consent to or permit any alteration, amendment, modification, release, waiver or termination of any Senior Documentation or material agreement to which it is a party, other than in the ordinary course of business.
Alteration of Material Agreements. Borrower shall not, and shall not permit its Subsidiaries to, consent to or permit any alteration, amendment, modification, release, waiver or termination of any material agreement to which it is party, other than in the ordinary course of business.
Alteration of Material Agreements. No Restricted Company will consent to or permit any material alterations, amendments, modifications, releases, waivers or terminations of any material agreement to which it is a party.
Alteration of Material Agreements. Borrower and Guarantor shall not consent to or permit any alteration, amendment, modification, release, waiver or termination of any material agreement to which it is a party.
Alteration of Material Agreements. The Credit Parties will not, and will not permit any Subsidiary to, consent to or permit any alterations, amendments, modifications, releases, waivers or terminations of any Spin Transaction Document to which it is a party, the Additional Secured Senior Debt or the Additional Unsecured Senior Debt, if such alterations, amendments, modifications, releases, waivers or terminations would have a Material Adverse Effect, be materially adverse to the Lenders or not be commercially reasonable to the Borrower.
Alteration of Material Agreements. The Borrower will not, and will not permit any Subsidiary to, consent to or permit any alterations, amendments, modifications, releases, waivers or terminations of any material agreement to which it is a party, including but not limited to the Note Agreements, the New Private Placement Debt and the Additional Private Placement Debt, if such alterations, amendments, modification, releases, waivers or terminations would have a Material Adverse Effect.
Alteration of Material Agreements. Company will not, and will not permit any of the Subsidiaries to, consent to or permit any alterations, amendments, modifications, releases, waivers or terminations of any material agreement to which it is a party which would result in a Material Adverse Effect on Company or any Subsidiary, except that Company may consent to or permit amendments or modifications to the April 1997 Indenture, the October 0000 Xxxxxxxxx and the indenture agreement or agreements evidencing the Additional Sub-Debt provided that such amendments or modifications do not (i) increase the principal amount of the Subordinated Indebtedness issued under the April 1997 Indenture above $125,000,000 or increase the rate of interest paid thereon above nine and one-fourth percent (9 1/4%) per annum, (ii) increase the principal amount of the Subordinated Indebtedness issued under the October 1997 Indenture above $175,000,000, or increase the rate of interest payable thereon above eight and three-fourths percent (8 3/4%) per annum, (iii) increase the principal amount of the Subordinated Indebtedness incurred in connection with the Additional Sub-Debt above $350,000,000, or increase the rate of interest payable thereon above eleven and one-half percent (11.5%) per annum, (iv) provide for the final maturity date of the Subordinated Indebtedness issued under the April 1997 Indenture to occur prior to April 1, 2007, (v) provide for the final maturity date of the Subordinated Indebtedness issued under the October 0000 Xxxxxxxxx to occur prior to November 1, 2009, (vi) provide for a final maturity date of the Subordinated Indebtedness incurred in connection with the Additional Sub-Debt to occur prior to the Maturity Date, (vii) affect the definition of the term "Credit Agreement," "Credit Agreement Obligations," "Designated Senior Indebtedness," "Designated Guarantor Senior Indebtedness," "Guarantor Senior Indebtedness," "Indebtedness", "Senior Indebtedness" or "Subsidiary Guarantee" as such terms are defined in the April 0000 Xxxxxxxxx or the October 0000 Xxxxxxxxx or comparable terms similarly defined in the indenture agreement or agreements evidencing the Additional Sub-Debt (if any portion of the Additional Sub-Debt is evidenced by a separate indenture agreement), (viii) affect any of the subordination, Payment Blockage Notice or Payment Blockage Period provisions set forth in the April 1997 Indenture, the October 0000 Xxxxxxxxx or comparable provisions set forth in the indenture agreement or a...
Alteration of Material Agreements. (a) Borrower shall not, and shall not permit its Subsidiaries (if any) to, consent to or permit any alteration, amendment, modification, release, waiver or termination of any material agreement to which it is a party other than in the ordinary course of business. An agreement shall not be considered material unless it relates to a value greater than five percent (5%) of the net worth of the Borrower.
Alteration of Material Agreements. Borrower shall not, and shall not permit its Subsidiaries to, consent to or permit any alteration, amendment, modification, release, waiver or termination of any material agreement to which it is party, other than in the ordinary course of business. -------------------------------------------------------------------------------- 27 32 Agreement (Continued) --------------------------------------------------------------------------------
Alteration of Material Agreements. Borrower will not, and will ensure each REO Affiliate does not, consent to or permit any alterations, amendments, modifications, releases, waivers or terminations of any material agreement to which it is a party which could result in a Material Adverse Effect.
