Amendment, Etc. of Indebtedness. (a) Amend, modify or change in any manner any term or condition of any document evidencing any Subordinated Debt or give any consent, waiver or approval thereunder; provided that the Subordinated Debt Documents may be amended or modified to extend the amortization or maturity of the indebtedness evidenced thereby, reduce the interest rate thereon, or otherwise amend or modify the terms thereof so long as the terms of any such amendment or modification are no more restrictive on the Loan Parties than the terms of such documents as in effect on the date hereof; (b) take any other action in connection with any Subordinated Debt Document that would impair the value of the interest or rights of any Loan Party thereunder or that would impair the rights or interests of the Administrative Agent or any Lender; or (c) amend, modify or change in any manner any term or condition of any Indebtedness (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (PERDOCEO EDUCATION Corp), Credit Agreement (PERDOCEO EDUCATION Corp)
Amendment, Etc. of Indebtedness. (a) Amend, modify or change in any manner any term or condition of any document evidencing any Subordinated Debt Convertible Note Document or give any consent, waiver or approval thereunder; provided that the Subordinated Debt Convertible Note Documents and the Convertible Note may be amended or modified to extend the amortization or maturity of the indebtedness evidenced thereby, reduce the interest rate thereon, or otherwise amend or modify the terms thereof so long as the terms of any such amendment or modification are no more restrictive on the Loan Parties than the terms of such documents as in effect on the date hereof;
(b) take any other action in connection with any Subordinated Debt Convertible Note Document that would impair the value of the interest or rights of any Loan Party thereunder or that would impair the rights or interests of the Administrative Agent or any Lender; or
(c) amend, modify or change in any manner any term or condition of any Indebtedness (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.
Appears in 2 contracts
Amendment, Etc. of Indebtedness. (a) Amend, modify or change in any manner any term or condition of any document evidencing any Convertible Subordinated Debt Securities Document or give any consent, waiver or approval thereunder; provided that the Convertible Subordinated Debt Securities Documents may be amended or modified to extend the amortization or maturity of the indebtedness evidenced thereby, reduce the interest rate thereon, or otherwise amend or modify the terms thereof so long as the terms of any such amendment or modification are no more restrictive on the Loan Parties than the terms of such documents as in effect on the date hereof;
(b) take any other action in connection with any Convertible Subordinated Debt Securities Document that would impair the value of the interest or rights of any Loan Party thereunder or that would impair the rights or interests of the Administrative Agent or any Lender; or
(c) amend, modify or change in any manner any term or condition of any Subordinated Indebtedness (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner materially adverse to any Loan Party or any SubsidiarySubsidiary (as determined in good faith by the Borrower), or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.
Appears in 2 contracts
Samples: Credit Agreement (Fabrinet), Credit Agreement (Fabrinet)
Amendment, Etc. of Indebtedness. (a) Amend, modify or change in any manner any term or condition of any document evidencing any Subordinated Debt Document or give any consent, waiver or approval thereunder; provided that the Subordinated Debt Documents may be amended or modified to extend the amortization or maturity of the indebtedness evidenced thereby, reduce the interest rate thereon, or otherwise amend or modify the terms thereof so long as the terms of any such amendment or modification are no more restrictive or less favorable on the Loan Parties than the terms of such documents as in effect on the date hereof;
(b) take any other action in connection with any Subordinated Debt Document that would impair the value of the interest or rights of any Loan Party thereunder or that would impair the rights or interests of the Administrative Agent or any Lender; or
(c) amend, modify or change in any manner any term or condition of any Indebtedness (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (NV5 Global, Inc.)
Amendment, Etc. of Indebtedness. (a) [reserved];
(b) [reserved]
(a) Amend, modify or change in any manner any term or condition of any document evidencing any Subordinated Debt Convertible Note Document or give any consent, waiver or approval thereunder; provided that the Subordinated Debt Convertible Note Documents and the Convertible Note may be amended or modified to extend the amortization or maturity of the indebtedness evidenced thereby, reduce the interest rate thereon, or otherwise amend or modify the terms thereof so long as the terms of any such amendment or modification are no more restrictive on the Loan Parties than the terms of such documents as in effect on the date hereof;
(b) take any other action in connection with any Subordinated Debt Convertible Note Document that would impair the value of the interest or rights of any Loan Party thereunder or that would impair the rights or interests of the Administrative Agent or any Lender; or
(c) amend, modify or change in any manner any term or condition of any Indebtedness (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Ixia)
Amendment, Etc. of Indebtedness. (a) Amend, modify or change in any manner any term or condition of any document evidencing any Subordinated Debt Convertible Notes Document or give any consent, waiver or approval thereunder; provided that the Subordinated Debt Convertible Notes Documents and the Convertible Senior Notes may be amended or modified to extend the amortization or maturity of the indebtedness evidenced thereby, reduce the interest rate thereon, or otherwise amend or modify the terms thereof so long as the terms of any such amendment or modification are no more restrictive on the Loan Parties than the terms of such documents as in effect on the date hereof;
(b) take any other action in connection with any Subordinated Debt Convertible Notes Document that would impair the value of the interest or rights of any Loan Party thereunder or that would impair the rights or interests of the Administrative Agent or any Lender; or
(c) amend, modify or change in any manner any term or condition of any Indebtedness (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.
Appears in 1 contract
Samples: Credit Agreement (Inseego Corp.)
Amendment, Etc. of Indebtedness. (a) Amend, modify or change in any manner any term or condition of any document evidencing any Subordinated Debt Convertible Debenture or give any consent, waiver or approval thereunder; provided that the Subordinated Debt Documents Convertible Debentures may be amended or modified to extend the amortization or maturity of the indebtedness evidenced thereby, reduce the interest rate thereon, or otherwise amend or modify the terms thereof so long as the terms of any such amendment or modification are is no more restrictive on the Loan Parties than and would not have an adverse effect on the Secured Parties, than, in each case, the terms of such documents as in effect on the date hereof;
(b) take any other action in connection with any Subordinated Debt Document Convertible Debenture that would impair the value of the interest or rights of any Loan Party thereunder or that would impair the rights or interests of the Administrative Agent or any Lender; or
(c) amend, modify or change in any manner any term or condition of any Indebtedness (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.
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