Common use of Amendments and Related Matters Clause in Contracts

Amendments and Related Matters. No amendment or waiver of any provision of any Credit Document, nor consent to any departure by Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Majority Banks and Borrower and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however, that no amendment, waiver or consent with respect to any Credit Document shall, unless in writing and signed by all Banks, do any of the following: (a) waive, or have the effect of waiving, any of the conditions specified in Section 3.1, (b) increase the Commitment of any Bank or subject the Banks to any additional obligations, (c) reduce the principal of, or interest on, the Loans, any Fee or any other amount payable to any Bank hereunder or under any other Credit Document, (d) postpone any date fixed for any payment of principal of, or interest on, the Loans, any Fee or any other amount payable to any Bank hereunder or under any other Credit Document (including, without limitation, to extend the scheduled Termination Date), (e) change the relative percentage of the Commitments, or of the aggregate unpaid principal amount of the Loans, required for the Banks or any of them to take any action hereunder, (f) change the several nature of the obligations of the Banks hereunder or under the other Credit Documents, or (g) amend Section 2.7, 8.2, this Section 8.3 or Section 8.4(b); and provided, further, that no amendment, waiver or consent with respect to any Credit Document shall, unless in writing and signed by Agent in addition to the Banks required above to take such action, affect the rights or duties of Agent under this Agreement or any other Credit Document.

Amendments and Related Matters. No amendment or waiver of any provision of any Credit Document, nor consent to any departure by Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Majority Banks and Borrower and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however, that no amendment, waiver or consent with respect to any Credit Document shall, unless in writing and signed by all Banks, do any of the following: (a) waive, or have the effect of waiving, any of the conditions specified in Section 3.1, (b) increase the Commitment of any Bank or subject the Banks to any additional obligations, (c) reduce the principal of, or interest on, the Loans, any Fee or any other amount payable to any Bank hereunder or under any other Credit Document, (d) postpone any date fixed for any payment of principal of, or interest on, the Loans, any Fee or any other amount payable to any Bank hereunder or under any other Credit Document (including, without limitation, to extend the scheduled Termination Date), (e) change the relative percentage of the Commitments, or of the aggregate unpaid principal amount of the Loans, required for the Banks or any of them to take any action hereunder, (f) change the several nature of the obligations of the Banks hereunder or under the other Credit Documents, or (g) amend Section 2.7, 8.2, this Section 8.3 or Section 8.4(b); and provided, further, that no amendment, waiver or consent with respect to any Credit Document shall, unless in writing and signed by Agent in addition to the Banks required above to take such action, affect the rights or duties of Agent under this Agreement or any other Credit Document; and provided, further, that no amendment, waiver or consent with respect to any Credit Document shall, unless in writing and signed by the L/C Issuer in addition to the Banks required above to take such action, affect the rights or duties of the L/C Issuer under this Agreement or any other Credit Document.