Common use of Amendment of Loan Documents Clause in Contracts

Amendment of Loan Documents. Each Subordinated Lender and the Debtors agree to forbear from (a) modifying, altering or amending any payment term of any loan document or any other document, instrument or agreement evidencing the Subordinated Debt, (b) modifying, altering or amending any other term of any loan document or any other document, instrument or agreement evidencing the Subordinated Debt in any manner adverse to either the Debtors or the Agent, and (c) from granting (in the case of the Debtors) and receiving (in the case of any Subordinated Lender) any collateral or other security of any nature to secure the Subordinated Debt.

Appears in 2 contracts

Samples: Intercompany Subordination Agreement (Peninsula Gaming, LLC), Intercompany Subordination Agreement (Old Evangeline Downs Capital Corp)

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Amendment of Loan Documents. Each The Subordinated Lender and the Debtors Borrowers agree to forbear from (a) modifying, altering or amending any payment term of any loan document or any other document, instrument or agreement evidencing the Subordinated Debt, (b) modifying, altering or amending any other term of any loan document or any other document, instrument or agreement evidencing the Subordinated Debt in any manner adverse to either the Debtors Borrowers or the Agent, and (c) from granting (in the case of the DebtorsBorrowers) and receiving (in the case of any the Subordinated Lender) any collateral or other security of any nature to secure the Subordinated Debt.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Old Evangeline Downs LLC)

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Amendment of Loan Documents. Each The Subordinated Lender and the Debtors Borrowers agree to forbear from (a) modifying, altering or amending any payment term of any loan document or any other document, instrument or agreement evidencing the Subordinated Debt, (b) modifying, altering or amending any other term of any loan document or any other document, instrument or agreement evidencing the Subordinated Debt in any manner adverse to either the Debtors Borrowers or the AgentSenior Lender, and (c) from granting (in the case of the DebtorsBorrowers) and receiving (in the case of any the Subordinated Lender) any collateral or other security of any nature to secure the Subordinated Debt.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Old Evangeline Downs Capital Corp)

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