Common use of Alteration of Material Agreements Clause in Contracts

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.

Appears in 3 contracts

Samples: Convertible Loan Agreement (Simtek Corp), Convertible Loan Agreement (Newcare Health Corp), Convertible Loan Agreement (Laserscope)

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Alteration of Material Agreements. Borrower shall not, and Guarantor 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 a party, other than in the ordinary course of business.

Appears in 3 contracts

Samples: Loan Agreement (Energy Services of America CORP), Loan Agreement (Energy Services of America CORP), Loan Agreement (Energy Services of America CORP)

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, if such alteration, amendment, modification, release, waiver or termination could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Convertible Loan Agreement (Play by Play Toys & Novelties Inc)

Alteration of Material Agreements. Borrower shall not, and Guarantor shall not permit its Subsidiaries to, consent to or permit any alteration, amendmentamend­ment, modificationmodifi­cation, release, waiver or termination termina­tion of any material materi­al agreement to which it is a party, other than in the ordinary course of business.

Appears in 1 contract

Samples: Loan Agreement (Energy Services of America CORP)

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Alteration of Material Agreements. Borrower shall not, and shall not permit its Subsidiaries Subsidiaries, if any, to, consent to or permit any alteration, amendment, modification, release, waiver or termination of any material agreement to which it is party, a party other than in the ordinary course of business. Section 6.05.

Appears in 1 contract

Samples: Convertible Debenture Loan Agreement (Contour Medical Inc)

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 a party, other than in the ordinary course of business.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Falconite Inc)

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