Amendments of Collateral Documents Sample Clauses

Amendments of Collateral Documents. The Lenders acknowledge that certain of the Collateral Documents delivered under the Existing Credit Agreement are being amended, or amended and restated, in order to secure all Delayed-Draw Term Advances and the other Secured Obligations and to reflect the amendment and restatement of the Existing Credit Agreement by this Agreement.
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Amendments of Collateral Documents. 109 Section 4.21 After-Acquired Property ......................................................................... 109 Section 4.22 Post-Closing Covenant............................................................................ 109 ARTICLE 5 SUCCESSORS ...................................................................................................... 110 Section 5.01 Merger, Amalgamation, Arrangement, Consolidation or Sale of All or Substantially All Assets .......................................................................... 110 Section 5.02 Surviving Entity Substituted ................................................................... 111 ARTICLE 6
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Amendments of Collateral Documents. (a) The Company shall not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Collateral Documents in any way that would be adverse to the Holders of the Notes in any material respect, except in accordance with Articles 9 and 12. Section 4.21
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Amendments of Collateral Documents. Except as provided in the next following paragraph, the Requisite First Lien Secured Parties shall have the sole and exclusive right to authorize and instruct the Collateral Agent to enter into and consent to any amendment, waiver or consent in respect of any of the Collateral Documents (including to release any Collateral from the Lien provided therein); provided that (other than with respect to amendments, modifications or waivers that secure additional extensions of credit and add additional secured creditors and do not violate the express provisions of the Second Lien Agreements), (A) no such amendment, waiver or consent shall have the effect of removing assets subject to the Lien of any Collateral Document having a aggregate value as to all such releases during the First Lien Obligation Period in excess of $10,000,000 (as set forth in an Officers’ Certificate delivered to the Collateral Agent and each Secured Party Representative), except to the extent that a release of such Lien is permitted by Section 5.02, (B) no such amendment, waiver or consent shall materially and adversely affect the rights of the Second Lien Secured Parties without affecting the First Lien Secured Parties in a like or similar manner and no such amendment, waiver or consent shall release all or substantially all of the Collateral without the consent of the Requisite Second Lien Secured Parties and (C) notice of such amendment, waiver or consent shall be given to the Second Lien Secured Parties (which, in the case of the 2012 Noteholders may be given to the 2012 Notes Trustee and, in the case of any other Second Lien Secured Party may be given to the Second Lien Representative, if any, for such Second Lien Secured Party) no later than 30 days after its effectiveness, provided that the failure to give such notice shall not affect the effectiveness and validity thereof.
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Amendments of Collateral Documents. 72 6.21 Restricted Payments....................................................................................................................................................................................................................................... 73 6.22 CILCO Preferred Stock................................................................................................................................................................................................................................... 74 ARTICLE VII DEFAULTS................................................................................................................................................................................................................................................. 74 ARTICLE VIII ACCELERATION, WAIVERS, AMENDMENTS AND REMEDIES.................................................................................................................................................. 78 8.1. Acceleration.................................................................................................................................................................................................................................................... 78 8.2. Amendments................................................................................................................................................................................................................................................... 78 8.3. Preservation of Rights................................................................................................................................................................................................................................... 79 8.4. Release of Liens.............................................................................................................................................................................................................................................. 79 ARTICLE IX GENERAL PROVISIONS........................................................................................................................................................................................................................... 80 9.1. Survival of Representations..................................................................................................................................................................................
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Amendments of Collateral Documents 
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Related to Amendments of Collateral Documents

  • Collateral Documents The provisions of the Collateral Documents are effective to create in favor of the Administrative Agent for the benefit of the Secured Parties a legal, valid and enforceable first priority Lien (subject to Liens permitted by Section 7.01) on all right, title and interest of the respective Loan Parties in the Collateral described therein. Except for filings completed prior to the Closing Date and as contemplated hereby and by the Collateral Documents, no filing or other action will be necessary to perfect or protect such Liens.

  • Security Documents The due and punctual payment of the principal of, interest, Additional Amounts and premium, if any, on the Notes and any Note Guarantee when and as the same shall be due and payable, whether on an interest payment date, at maturity, by acceleration, repurchase, redemption or otherwise, and interest on the overdue principal of and interest and Additional Amounts (to the extent permitted by law), if any, on the Notes and any Note Guarantee and performance of all other obligations of the Issuer and any Guarantor to the Holders of Notes, the Trustee and the Security Agent under this Indenture, the Notes and any Note Guarantee, according to the terms hereunder or thereunder, are secured as provided in the Collateral Documents and the Intercreditor Agreement. Each Holder of Notes, by its acceptance thereof, consents and agrees to the terms of the Collateral Documents and the Intercreditor Agreement and any additional intercreditor agreement (including, without limitation, the provisions providing for foreclosure and release of Collateral and authorizing the Security Agent to enter into any Collateral Document on its behalf) as the same may be in effect or may be amended from time to time in accordance with its terms and authorizes and directs the Security Agent to enter into the Collateral Documents and the Intercreditor Agreement and any additional intercreditor agreement and to perform its obligations and exercise its rights thereunder in accordance therewith. The Issuer will deliver to the Trustee copies of all documents delivered to the Security Agent pursuant to the Collateral Documents, and the Issuer and the Parent will, and the Parent will cause each of its Restricted Subsidiaries to, do or cause to be done all such acts and things as may be required, or which the Security Agent from time to time may reasonably request, to assure and confirm to the Trustee that the Security Agent holds, for the benefit of the Trustee and the Holders, duly created, enforceable and perfected Liens as contemplated hereby and by the Collateral Documents and the Intercreditor Agreement, so as to render the same available for the security and benefit of this Indenture and of the Notes and any Note Guarantee secured hereby, according to the intent and purposes herein expressed. The Issuer and any Guarantor will each take, and will cause their respective Restricted Subsidiaries to take (including as may be requested by the Trustee) any and all actions reasonably required to cause the Collateral Documents and the Intercreditor Agreement to create and maintain, as security for the Obligations of the Issuer and any Guarantor hereunder, in respect of the Collateral, valid and enforceable perfected Liens in and on such Collateral ranking in right and priority of payment as set forth in the Intercreditor Agreement and subject to no other Liens other than as permitted by the terms of this Indenture and the Intercreditor Agreement.

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