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.
Appears in 5 contracts
Samples: Third Amended and Restated Credit Agreement (HF Sinclair Corp), Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)
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 LendersBanks; provided that such amendments, modifications, or supplements may be made without the consent of the Majority Lenders Banks if such amendments, modifications or supplements are, as of the date they are entered into and considered (a) individually or in the aggregate, are not reasonably expected materially adverse to cause a Material Adverse Effectthe rights of the Administrative Agent or the Banks and (b) individually or in the aggregate, do not materially decrease the economic benefit that the Borrower would have otherwise received pursuant to such agreements.
Appears in 2 contracts
Samples: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)
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 LendersBanks; provided that such amendments, modifications, or supplements may be made without the consent of the Majority Lenders Banks 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(a) be materially adverse to the rights of the Administrative Agent or the Banks and (b) materially decrease the economic benefit that the Borrower would have otherwise received pursuant to such agreements.
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