Amendment to Subordinated Debt Sample Clauses

Amendment to Subordinated Debt. Amend or permit the amendment of the documents and instruments evidencing Subordinated Debt or make any prepayment on account of such Subordinated Debt which is not otherwise allowed to be made under the subordination provisions applicable to such Subordinated Debt.
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Amendment to Subordinated Debt. No Credit Party will, nor will any Credit Party permit any Restricted Subsidiary to, amend, modify, waive or extend or permit the amendment, modification, waiver or extension of any term of any document governing or relating to any Subordinated Debt in a manner that is materially adverse to the interests of the Lenders.
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Amendment to Subordinated Debt. An amendment to the Subordinated Debt including, without limitation, a consent to the First Amendment; and
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Amendment to Subordinated Debt. It is so amended that Subordination which currently written:
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Amendment to Subordinated Debt. Junior Agent and the Junior Lenders agree that it will not amend the terms of the Subordinated Documents without the prior written consent of the Senior Agent and the Required Senior Lenders if the effect of which is (i) to increase the maximum principal amount of the Subordinated Debt (unless such increase does not increase the amount of cash interest expense or other debt service associated with the Subordinated Debt payable prior to repayment in full of the Senior Debt), (ii) to increase the rate of interest on any of the Subordinated Debt (unless such increase is added to the principal amount of the Subordinated Debt and is not due and payable prior to the actual repayment in full of the Senior Debt), (iii) to change any date upon which regularly scheduled payments of principal or interest on the Subordinated Debt are due to an earlier date or the terms relating to any mandatory prepayments on the Subordinated Debt, (iv) to add or make more restrictive any event of default or any covenant with respect to the Subordinated Debt, provided that if the Senior Loan Agreement or the Loan Documents are amended to provide for additional covenants or events of default or to make more restrictive any existing covenants or events of default applicable to the Borrower or the other Loan Parties, then the Subordinated Documents may be amended to provide for additional covenants or events of default or to make more restrictive any existing covenants or events of default so long as such covenants or events of default set forth in the Subordinated Documents are not more restrictive than those set forth in the Senior Loan Agreement or Loan Documents, as so amended, (v) to change the final maturity date of any Subordinated Debt to a date that is earlier than the date which is one hundred twenty (120) days after the maturity date of the Senior Debt, or (vi) to take any liens or security interests in assets of any Loan Party or any other assets securing the Senior Debt, other than liens and security interests in the Collateral that exist as of the date hereof, and other liens and security interests in such assets or properties provided that the Senior Agent for the benefit of the Senior Lenders are also granted liens and security interests thereon to secure the Senior Debt; provided, however, that nothing contained in Paragraph 5 or elsewhere in this Agreement shall be construed to limit the rights set forth in the Subordinated Documents as in effect on the date hereof to c...
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Amendment to Subordinated Debt. The Noteholder agrees that it will not amend the Note without the prior written consent of the Required Lenders (or the Administrative Agent on their behalf).
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Amendment to Subordinated Debt. (a) Amend or permit the amendment of any of the documents and instruments evidencing Subordinated Debt or (b) make any prepayment on account of such Subordinated Debt which is not otherwise allowed to be made under the subordination provisions applicable to such Subordinated Debt. Notwithstanding anything in this Agreement to the contrary, Debtors are permitted to amend their Proxy Statements and related documents in connection with its Senior Demand Notes, Variable Rate Subordinated Debentures and Commercial Paper, so long as (i) all such debt remains unsecured and (ii) the Obligations constitute “senior debt” for all purposes under the Variable Rate Subordinated Debentures with a right to payment superior to that of the Variable Rate Subordinated Debentures.
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Related to Amendment to Subordinated Debt

  • Reference in Notes to Supplemental Indentures Notes authenticated and delivered after the execution of any supplemental indenture pursuant to this Article IX may, and if required by the Indenture Trustee shall, bear a notation in form approved by the Indenture Trustee as to any matter provided for in such supplemental indenture. If the Issuer or the Indenture Trustee shall so determine, new Notes so modified as to conform, in the opinion of the Indenture Trustee and the Issuer, to any such supplemental indenture may be prepared and executed by the Issuer and authenticated and delivered by the Indenture Trustee in exchange for Outstanding Notes.

  • Supplemental Indentures Without the Consent of Securityholders In addition to any supplemental indenture otherwise authorized by this Indenture, the Company and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect), without the consent of the Securityholders, for one or more of the following purposes: (a) to cure any ambiguity, defect, or inconsistency herein or in the Securities of any series; (b) to comply with Article Ten; (c) to provide for uncertificated Securities in addition to or in place of certificated Securities; (d) to add to the covenants, restrictions, conditions or provisions relating to the Company for the benefit of the holders of all or any series of Securities (and if such covenants, restrictions, conditions or provisions are to be for the benefit of less than all series of Securities, stating that such covenants, restrictions, conditions or provisions are expressly being included solely for the benefit of such series), to make the occurrence, or the occurrence and the continuance, of a default in any such additional covenants, restrictions, conditions or provisions an Event of Default, or to surrender any right or power herein conferred upon the Company; (e) to add to, delete from, or revise the conditions, limitations, and restrictions on the authorized amount, terms, or purposes of issue, authentication, and delivery of Securities, as herein set forth; (f) to make any change that does not adversely affect the rights of any Securityholder in any material respect; (g) to provide for the issuance of and establish the form and terms and conditions of the Securities of any series as provided in Section 2.01, to establish the form of any certifications required to be furnished pursuant to the terms of this Indenture or any series of Securities, or to add to the rights of the holders of any series of Securities; (h) to evidence and provide for the acceptance of appointment hereunder by a successor trustee; or (i) to comply with any requirements of the Commission or any successor in connection with the qualification of this Indenture under the Trust Indenture Act. The Trustee is hereby authorized to join with the Company in the execution of any such supplemental indenture, and to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee shall not be obligated to enter into any such supplemental indenture that affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise. Any supplemental indenture authorized by the provisions of this Section may be executed by the Company and the Trustee without the consent of the holders of any of the Securities at the time Outstanding, notwithstanding any of the provisions of Section 9.02.

  • Supplemental Indentures With Consent of Securityholders With the consent (evidenced as provided in Section 8.01) of the holders of not less than a majority in aggregate principal amount of the Securities of each series affected by such supplemental indenture or indentures at the time Outstanding, the Company, when authorized by a Board Resolution, and the Trustee may from time to time and at any time enter into an indenture or indentures supplemental hereto (which shall conform to the provisions of the Trust Indenture Act as then in effect) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner not covered by Section 9.01 the rights of the holders of the Securities of such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the holders of each Security then Outstanding and affected thereby, (a) extend the fixed maturity of any Securities of any series, or reduce the principal amount thereof, or reduce the rate or extend the time of payment of interest thereon, or reduce any premium payable upon the redemption thereof or (b) reduce the aforesaid percentage of Securities, the holders of which are required to consent to any such supplemental indenture. It shall not be necessary for the consent of the Securityholders of any series affected thereby under this Section to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such consent shall approve the substance thereof.

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