Common use of Amendment of XxxX Letter Clause in Contracts

Amendment of XxxX Letter. The Borrower shall not amend the XxxX Letter without the prior written consent of the Majority Lenders unless such amendment (a) does not have a material adverse effect on the Lenders, (b) does not increase the amount of cash the Borrower would pay to the XxxX Letter Counterparty (or its assignee) to redeem its Series C capital stock, and (c) does not change the timing of the redemption payment to the XxxX Letter Counterparty (or its assignee) other than to waive such payment or postpone such payment to a time when the Obligations hereunder (other than Obligations that specifically survive termination) have been paid off in full.

Appears in 4 contracts

Samples: Term Loan Agreement, Term Loan Agreement (ViewRay, Inc.), Term Loan Agreement (ViewRay, Inc.)

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