Amendment of Material Agreements. The Borrower shall not amend, modify, or supplement any of the Material Contracts without the prior written consent of the Majority Lenders; provided that such amendments, modifications, or supplements may be made without the consent of the Majority Lenders if such amendments, modifications or supplements are, as of the date they are entered into and considered individually or in the aggregate, not reasonably expected to cause a Material Adverse Effect.
Amendment of Material Agreements. The Borrower will not, nor will it permit any Subsidiary to, (a) permit any waiver, supplement, modification, amendment, termination or release of (i) any Settlement Agreement or (ii) its certificate of incorporation, by-laws or other organizational documents, in each of clauses (i) and (ii), in a manner which could, individually or in the aggregate, reasonably be expected to (A) materially impair the Loan Parties’ ability to perform their obligations hereunder or under the Loan Documents or (B) be adverse to the Lenders in any material respect, or (b) other than to permit a Permitted Debt Activity, waive, supplement, modify, amend, terminate or release any intercompany note pledged under the Collateral and Guarantee Agreement in a manner adverse to the Lender’s interests therein in any material respect. The Borrower will not, nor will it permit any Subsidiary to, permit any waiver, supplement, modification, amendment, termination or release of (i) the Interim Credit Agreement, (ii) the Interim Loan Documents or (iii) the Senior Notes Indenture in each case that would (A) shorten the maturity or decrease the weighted average life to maturity of any Indebtedness incurred thereunder, (B) secure any of the Indebtedness incurred thereunder, (C) add additional covenants thereto that are not contained in this Agreement or make any covenants therein more restrictive than the corresponding covenants in this Agreement or (D) add additional prepayment events thereto. The Borrower will not, nor will it permit any Subsidiary to, permit any waiver, supplement or other modification of the Pari Passu Indebtedness Documents or the Permitted Unsecured Indebtedness Documents if, after giving effect thereto, any series of Pari Passu Indebtedness or Permitted Unsecured Indebtedness, as the case may be, shall cease to meet the requirements set forth in the definition of such respective term.
Amendment of Material Agreements. 57 8.15. Name Changes.................................................................................. 58 8.16.
Amendment of Material Agreements. 80 8.15. Name Changes, Changes Affecting Pledged Stock. ......................80 8.16. Unrestricted Subsidiaries and Mutual Signal. ........................80 8.17. Limitation on IRU Agreements..........................................81 8.18. Limitation on Unrestricted Subsidiaries. ............................81
Amendment of Material Agreements. The Borrower shall not, and shall not permit any Restricted Subsidiary to, amend, waive or consent to any deviation from any provision of any documentation or agreements of the (i) articles of incorporation of the Borrower and the Restricted Subsidiaries and (ii) by laws and other organizational documents in any manner with respect to both (i) and (ii) foregoing that is both material and adverse to the interests of the Lenders. The Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, amend or change (or take any action or fail to take any action the result of which is an effective amendment or change) or accept any waiver or consent with respect to, any of the Existing Financing Documentation, or any other document or instrument that would result in (a) an increase in the outstanding principal amount of any of the Existing Financing, (b) any increase in any principal, interest, fees, or other amounts payable under any of the Existing Financing, (c) a change in any date fixed for any payment of principal, interest, fees, or other amounts payable under any of the Existing Financing Documentation (including, without limitation, as a result of any redemption, and including without limitation a waiver or action that results in the waiver of any payment default under any of the Existing Financing), (d) a decrease in any percentage of holders of any of the Existing Financing required under the terms of the Existing Financing Documentation, respectively, to take (or refrain from taking) any action, (e) a more restrictive change in any financial covenant in the Existing Financing Documentation, (f) a change in any remedy or right of the holders of the any of the Existing Financing, (g) a change in the definition of "Change of Control" in any of the Existing Financing Documentation, (h) a change in any covenant, term or provision in the Existing Financing Documentation which would result in such term or provision being more restrictive than the terms of this Agreement and the Loan Papers, or (i) a change in any term or provision of the Existing Financing Documentation or other document or instrument in connection therewith that would have, in any material respect, an adverse effect on the interests of the Lenders.
Amendment of Material Agreements. The Borrower and the Parent shall not, and shall not permit any Restricted Subsidiary to, amend, waive or consent to any deviation from any provision of any documentation or agreements of the (i) Existing Financing Documentation, (ii) articles of incorporation of the Parent, the Borrower and the Restricted Subsidiaries, and (iii) by laws and other organizational documents (other than the Articles of Incorporation) in any manner that is both material and adverse to the interests of the Lenders. Notwithstanding the foregoing, the Parent is permitted to amend its Articles of Incorporation to increase the outstanding shares of common or preferred Capital Stock or to effect a common Capital Stock split.
Amendment of Material Agreements. The Borrower will not, nor will it permit any Restricted Subsidiary to, permit any waiver, supplement, modification, amendment, termination or release of its certificate of incorporation, by-laws or other organizational documents in a manner which could, individually or in the aggregate, reasonably be expected to (A) materially impair the Loan Parties’ ability to perform their obligations hereunder or under the other Loan Documents or (B) be adverse to the Lenders in any material respect. The Borrower will not, nor will it permit any Restricted Subsidiary to, permit any waiver, supplement or other modification of the Pari Passu Indebtedness Documents or the Permitted Unsecured Indebtedness Documents if, after giving effect thereto, any series of Pari Passu Indebtedness or Permitted Unsecured Indebtedness, as the case may be, shall cease to meet the requirements set forth in the definition of such respective term.
Amendment of Material Agreements. 65 Section 6.10. Leverage Ratio............................................... 65
Amendment of Material Agreements. The Borrowers shall not, and shall not permit any of their Subsidiaries to, amend, waive or consent to any deviation from any provision of any documentation or agreements (other than in the ordinary course of business) that would be adverse to the Lenders of (i) (other than with respect to trade creditors) any material agreement relating to either Borrower or any such Subsidiary, (ii) in any material respect, articles of incorporation, by-laws and other organizational documents of either Borrower or any of their Subsidiaries, (iii) the Japan-US Agreement, (iv) the TAT-14 Agreement, (v) the Domestic Affiliate IRU Agreement, and (vi) the Foreign Affiliate IRU Agreement.
Amendment of Material Agreements. The Parent and its Subsidiaries will not (a) amend, modify or waive any of its rights, covenants or other obligations under, or any provision of, its respective limited liability company agreement, certificate of formation or other Organizational Documents, in a manner that would materially and adversely affect the interests of the Administrative Agent, the Collateral Agent or the Lenders or the rights or benefits of the Administrative Agent, the Collateral Agent or the Lenders under the Credit Documents, (b) (i) amend, modify or waive any of its rights, covenants or other obligations under, or any provision of, or (ii) exercise any right it may have to terminate or shorten the term of, any Material Contract, if any such amendment, modification, waiver or exercise of rights under this clause (b), individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect or materially and adversely affect the interests of the Administrative Agent, the Collateral Agent or the Lenders or the rights or benefits of the Administrative Agent, the Collateral Agent or the Lenders under the Credit Documents, (c) enter into any waiver, supplement, modification, amendment, termination or release of any indenture or agreement governing any Subordinated 125 Debt of any of the Parent and its Subsidiaries, or pursuant to which it may have been issued, which might reasonably be expected to adversely affect any interests of the Administrative Agent, the Collateral Agent or the Lenders or any rights and benefits of the Administrative Agent, the Collateral Agent or the Lenders under the Credit Documents, or (d) enter into any waiver, supplement, modification, amendment, termination or release of any contract pursuant to which any Indebtedness of any of the Parent and its Subsidiaries is outstanding (other than the Credit Documents) if such waiver, supplement, modification, amendment, termination or release under this clause (d), individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect.
