Amendment of Security Documents. The Issuer shall not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Security Documents except as described in Article 9 or as permitted in Article 8.
Amendment of Security Documents. Notwithstanding any other provision of this Indenture, if the Trustee is requested to vote or otherwise take action with respect to the Security Documents, the Trustee will vote or otherwise act as directed by the Holders of a majority in aggregate principal amount of all Notes then outstanding, except that:
(1) any amendment or supplement that has the effect solely of adding or maintaining Collateral or preserving, perfecting or establishing the priority of the Liens thereon or the rights of the Collateral Agent therein will not require a direction from the Holders of a majority in aggregate principal amount of all Notes then outstanding and will become effective when executed and delivered by the Company or any Guarantor party thereto and the Collateral Agent;
(2) any amendment or supplement that has the effect solely of curing any ambiguity, defect or inconsistency or making any change that would provide any additional rights or benefits to Holders or the Collateral Agent or that does not adversely affect the legal rights under this Indenture or any other Security Document of any Holder or the Collateral Agent, will not require a direction from the Holders of a majority in aggregate principal amount of all Notes then outstanding and will, in each case, become effective when executed and delivered by the Company and any Guarantor party thereto and the Collateral Agent;
(3) with respect to any amendment to, or waiver of, the provisions of this Indenture or any Security Document that has the effect of releasing all or substantially all of the Collateral from the Liens securing the Notes will require the consent of Holders of at least 75% in aggregate principal amount of Notes then outstanding;
(4) no amendment or supplement that reduces, impairs or adversely affects the right of any Holder:
(A) to vote its outstanding Notes as to any matter described as subject to direction by the Holders of a majority in aggregate principal amount of all Notes then outstanding,
(B) to share in the order of application under Section 3.4 of the Collateral Agency and Intercreditor Agreement in the proceeds of enforcement of or realization on any Collateral, or
(C) to require that Liens securing the Notes be released only as set forth in Section 10.03, will become effective without the consent of the requisite percentage or number of Holders so affected under this Indenture and the Security Documents and such additional consents as required pursuant to the Collateral Agency a...
Amendment of Security Documents. The Collateral Trust Agreement provides that no amendment or supplement to the provisions of any Security Document will be effective without the approval of the Collateral Trustee acting as directed by an Act of Required Secured Parties, except that:
Amendment of Security Documents. The Company will not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Security Documents in any way that would be adverse to the Holders of the Notes in any material respect, except as permitted by this Indenture or the Security Documents.
Amendment of Security Documents. The Issuer will not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Security Documents in any way that would be adverse to the holders of the Notes in any material respect, except as set forth in Article XI and the Security Documents or as permitted under Article IX.
Amendment of Security Documents. 75 SECTION 4.22 After-Acquired Property ..................................................................... 76 ARTICLE 5 SUCCESSORS ............................................................................................ 76 SECTION 5.01 Merger, Consolidation, or Sale of Assets .................................................... 76
Amendment of Security Documents. In addition to and notwithstanding Section 9.02 hereof, without the consent of any Holder of Notes, the Trustee and the Collateral Trustee will be authorized to amend the Security Documents (i) to add additional secured parties holding, and to secure any, Parity Lien Obligations or Priority Lien Obligations permitted to be incurred pursuant to the terms of the Indenture and the Security Documents, in each case with the same Lien priorities and rights as provided in the Collateral Trust Agreement and (ii) to enter into collateral trust or intercreditor arrangements with the holders of any such Parity Lien Obligations or Priority Lien Obligations described in clause (i) so long as the terms of such collateral trust or intercreditor arrangements are not less favorable to the Holders of Notes than the collateral trust or intercreditor provisions contained in the Security Documents and the Collateral Trust Agreement as of the Issue Date.
Amendment of Security Documents. No amendment or supplement to the provisions of the Collateral Trust Agreement or any Collateral Trust Security Document will be effective except in accordance with Section 7.1 of the Collateral Trust Agreement. Any amendment or supplement to the provisions of the Collateral Trust Security Documents that releases Collateral will be effective only in accordance with Section 4.1 of the Collateral Trust Agreement. Any amendment or supplement that results in the Collateral Trustee's Liens upon the Collateral no longer securing the Notes and the other Obligations under this Indenture may only be effected in accordance with Section 4.4 of the Collateral Trust Agreement.
Amendment of Security Documents. The Company agrees that upon the closing of the transactions contemplated by the OF Letter Agreement, it will (a) ensure that OF Acquisition, L.P. (the "Partnership") execute such documents to become a Debtor under the Subordinated Security Agreement and to execute such financing statements as necessary in order to reflect a security interest in favor of SJMB in all of the assets of the Partnership and (b) execute an amendment to the Subordinated Pledge Agreement pledging the partnership interests held by the Company in the Partnership to SJMB.
Amendment of Security Documents. Pursuant to the Intercreditor Agreement, the Collateral Trustee may enter into any amendment (and, upon request by the Collateral Trustee, each First Lien Agent shall sign a consent to such amendment) to any Note Security Document (including, without limitation, to release Liens securing any series of First Lien Obligations) so long as such amendment, subject to clause (y) below, is not prohibited by the terms of each then extant agreement governing such First Lien Obligations. Additionally, each holder of First Lien Obligations agrees that the Collateral Trustee may enter into any amendment (and, upon request by the Collateral Trustee, each First Lien Agent shall sign a consent to such amendment) to any Note Security Document solely as such Security Document relates to a particular series of First Lien Obligations (including, without limitation, to release Liens securing such series of First Lien Obligations) so long as (x) such amendment is in accordance with the agreements governing such First Lien Obligations and (y) such amendment does not adversely affect the holders of First Lien Obligations of any other series. Pursuant to the Collateral Trust Agreement, with the written consent of each First Lien Agent, the Collateral Trustee and the Company and the Guarantors may, from time to time, enter into written agreements supplemental to the Collateral Trust Agreement or to any Note Security Document for the purpose of amending, adding to, or waiving any provisions of, the Collateral Trust Agreement or any Note Security Document.
