Common use of Amendments, Consents and Waivers by Affected Lenders Clause in Contracts

Amendments, Consents and Waivers by Affected Lenders. Any ---------------------------------------------------- amendment, modification, termination, waiver or consent with respect to any of the following provisions hereof shall be effective only by a written agreement, signed by each Term Loan Lender (or, in the case of clause (v) below, Term Loan ---------- Lenders holding in the aggregate more than 51% of the then aggregate principal amount of the Term Loans), in respect of any of the foregoing in respect of the Term Loans, and by each Revolving Credit Lender (or, in the case of clause (v) ---------- below, Revolving Credit Lenders holding in the aggregate more than 51% of the then aggregate amount of the Revolving Credit Commitments in effect at such time), in respect of any of the foregoing in respect of Revolving Loans or Reimbursement Obligations: (i) waiver of any of the conditions with respect to the Term Loans or Revolving Loans, as the case may be, specified in Section 5.01 or 5.02 ------------ ---- (except with respect to a condition based upon another provision hereof, the waiver of which requires only the concurrence of the Requisite Lenders), (ii) increases in the amount of the Loans or any of the Commitments of such Lender, (iii) reduction of the principal of, rate or amount of interest on the Term Loans, Revolving Loans or Reimbursement Obligations or any fees or other amounts payable to such Lender, as the case may be (other than by the payment or prepayment thereof), (iv) postponement of any date fixed for any payment of principal of, or interest on, the Term Loans, Revolving Loans or Reimbursement Obligations or any fees or other amounts payable to such Lender (except with respect to Sections 3.01(b) or (c)), and ---------------- --- (v) postponement of any date fixed for, or change in order of application of, any mandatory prepayment or repayment made pursuant to Sections 3.01(b) or (c). ---------------- ---

Appears in 1 contract

Samples: Credit Agreement (International Technology Corp)

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Amendments, Consents and Waivers by Affected Lenders. Any ---------------------------------------------------- amendment, modification, termination, waiver or consent with respect to any of the following provisions hereof of this Agreement shall be effective only by a written agreement, signed by each Term Loan Lender (or, in the case of clause (v) or Issuing Bank affected thereby as described below, Term Loan ---------- Lenders holding in the aggregate more than 51% of the then aggregate principal amount of the Term Loans), in respect of any of the foregoing in respect of the Term Loans, and by each Revolving Credit Lender (or, in the case of clause (v) ---------- below, Revolving Credit Lenders holding in the aggregate more than 51% of the then aggregate amount of the Revolving Credit Commitments in effect at such time), in respect of any of the foregoing in respect of Revolving Loans or Reimbursement Obligations: (i) waiver of any of the conditions with respect to the Term Loans or Revolving Loans, as the case may be, specified in Section 5.01 or 5.02 ------------ ---- SECTIONS 6.01 and 6.02 (except with respect to a condition based upon another provision hereofof this Agreement, the waiver of which requires only the concurrence of the Requisite Lenders), (ii) increases increase in the amount of the Loans or any of the Commitments Revolving Credit Commitment of such Lender, (iii) reduction of the principal of, rate or amount of interest on the Term Loans, Revolving Loans or the Reimbursement Obligations Obligations, or any fees or other amounts payable to such Lender, as the case may be Lender (other than by the payment or prepayment thereof), (iv) postponement of the Revolving Credit Termination Date, the Term Loan Termination Date, the Acquisition Subfacility Termination Date, or any date fixed for any payment of principal of, or interest on, the Term Loans, Revolving Loans or the Reimbursement Obligations or any fees or other amounts payable to such Lender (except with respect to Sections 3.01(b) or (c)), and ---------------- ---Lender, (v) postponement the orders of any date fixed forpriority set forth in SECTION 4.01, in SECTION 4.02(b)(i), or in CLAUSES (d) through (i) of SECTION 4.02(b)(ii), and (vi) change in order the definitions of application ofRevolving Credit Commitments, Requisite Revolving Lenders, Acquisition Subfacility, or any mandatory prepayment or repayment made pursuant to Sections 3.01(b) or (c). ---------------- ---of Performance Levels 1 through 6.

Appears in 1 contract

Samples: Credit Agreement (Aviation Sales Co)

Amendments, Consents and Waivers by Affected Lenders. Any ---------------------------------------------------- amendment, modification, termination, waiver or consent with respect to any of the following provisions hereof of this Agreement shall be effective only by a written agreement, signed by each Term Loan Lender (or, in the case of clause (v) or Issuing Bank affected thereby as described below, Term Loan ---------- Lenders holding in the aggregate more than 51% of the then aggregate principal amount of the Term Loans), in respect of any of the foregoing in respect of the Term Loans, and by each Revolving Credit Lender (or, in the case of clause (v) ---------- below, Revolving Credit Lenders holding in the aggregate more than 51% of the then aggregate amount of the Revolving Credit Commitments in effect at such time), in respect of any of the foregoing in respect of Revolving Loans or Reimbursement Obligations: (i) waiver of any of the conditions with respect to the Term Loans or Revolving Loans, as the case may be, specified in Section 5.01 or 5.02 ------------ ---- SECTIONS 6.01 and 6.02 (except with respect to a condition based upon another provision hereofof this Agreement, the waiver of which requires only the concurrence of the Requisite Lenders), (ii) increases increase in the amount of the Loans or any of the Commitments Revolving Credit Commitment of such Lender, (iii) reduction of the principal of, rate or amount of interest on the Term Loans, Revolving Loans or the Reimbursement Obligations Obligations, or any fees or other amounts payable to such Lender, as the case may be Lender (other than by the payment or prepayment thereof), (iv) postponement of the Revolving Credit Termination Date, the Term Loan Termination Date, or any date fixed for any payment of principal of, or interest on, the Term Loans, Revolving Loans or the Reimbursement Obligations or any fees or other amounts payable to such Lender (except with respect to Sections 3.01(b) or (c)), and ---------------- ---Lender, (v) postponement the orders of any date fixed forpriority set forth in SECTION 4.01, in SECTION 4.02(B)(I), or in CLAUSES (D) through (I) of SECTION 4.02(B)(II), and 148 (vi) change in order the definitions of application ofRevolving Credit Commitments, Requisite Revolving Lenders, Acquisition Subfacility, or any mandatory prepayment or repayment made pursuant to Sections 3.01(b) or (c). ---------------- ---of Performance Levels 1 through 6.

Appears in 1 contract

Samples: Credit Agreement (Aviation Sales Co)

Amendments, Consents and Waivers by Affected Lenders. Any ---------------------------------------------------- amendment, modification, termination, waiver or consent with respect to any of the following provisions hereof of this Agreement shall be effective only by a written agreement, signed by each Term Loan Lender (or, in the case of clause (v) or Issuing Bank affected thereby as described below, Term Loan ---------- Lenders holding in the aggregate more than 51% of the then aggregate principal amount of the Term Loans), in respect of any of the foregoing in respect of the Term Loans, and by each Revolving Credit Lender (or, in the case of clause (v) ---------- below, Revolving Credit Lenders holding in the aggregate more than 51% of the then aggregate amount of the Revolving Credit Commitments in effect at such time), in respect of any of the foregoing in respect of Revolving Loans or Reimbursement Obligations: (i) waiver of any of the conditions with respect to the Term Loans or Revolving Loans, as the case may be, specified in Section 5.01 or 5.02 ------------ ---- Sections 6.1, ------------- 6.2, 6.3 and 6.4 (except with respect to a condition based upon --- --- --- another provision hereofof this Agreement, the waiver of which requires only the concurrence of the Requisite Lenders), (ii) increases increase in the amount of the Loans or any of the Commitments of such Lender, (iii) reduction of the principal of, rate or amount of interest on the Term Loans, Revolving Loans or the Reimbursement Obligations or any fees or other amounts payable to such Lender, as the case may be Lender (other than by the payment or prepayment thereof), (iv) postponement of the Revolving Credit Termination Date, the Term Loan Termination Date, the Acquisition Facility Termination Date or any date fixed for any payment of principal of, or interest on, the Term Loans, Revolving Loans or the Reimbursement Obligations or any fees or other amounts payable to such Lender (except with respect to Sections 3.01(b) or (c)), and ---------------- ---Lender, (v) postponement of any date fixed forSection 4.2(b)(i), or in clauses (D) through (G) of ----------------- ----------- --- Section 4.2(b)(ii), and ------------------ (vi) change in order the definitions of application ofRevolving Credit Commitments, any mandatory prepayment Acquisition Facility Commitments or repayment made pursuant to Sections 3.01(b) or (c). ---------------- ---Term Loan Commitments.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Eco Corp)

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Amendments, Consents and Waivers by Affected Lenders. Any ---------------------------------------------------- amendment, modification, termination, waiver or consent with respect to any of the following provisions hereof shall be effective only by a written agreement, signed by each Tender Offer Loan Lender, in respect of any of the foregoing in respect of the Tender Offer Loans, by each Term Loan Lender (or, in the case of clause (v) below, Term Loan ---------- Lenders holding in the aggregate more than 51% of the then aggregate principal amount of the Term Loans)Lender, in respect of any of the foregoing in respect of the Term Loans, and by each Revolving Credit Lender (or, in the case of clause (v) ---------- below, Revolving Credit Lenders holding in the aggregate more than 51% of the then aggregate amount of the Revolving Credit Commitments in effect at such time)Lender, in respect of any of the foregoing in respect of Revolving Loans or Reimbursement Obligations: (i) waiver of any of the conditions with respect to the Tender Offer Loans, the Term Loans or Revolving Loans, as the case may be, specified in Section 5.01 5.01, 5.02 or 5.02 ------------ ---- 5.03 (except with respect to a condition based upon ------------ ---- ---- another provision hereof, the waiver of which requires only the concurrence of the Requisite Lenders), (ii) increases in the amount of the Loans or any of the Commitments of such Lender, (iii) reduction of the principal of, rate or amount of interest on the Tender Offer Loans, the Term Loans, Revolving Loans or Reimbursement Obligations or any fees or other amounts payable to such Lender, as the case may be (other than by the payment or prepayment thereof),, and (iv) postponement of any date fixed for any payment of principal of, or interest on, the Tender Offer Loans, the Term Loans, Revolving Loans or Reimbursement Obligations or any fees or other amounts payable to such Lender (except with respect to Sections 3.01(b) or (c)), and ---------------- --- (v) postponement of any date fixed for, or change in order of application of, any mandatory prepayment or repayment made pursuant to Sections 3.01(b) or (c). ---------------- -----

Appears in 1 contract

Samples: Credit Agreement (International Technology Corp)

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