Common use of Amendments of Documents Relating to Indebtedness Clause in Contracts

Amendments of Documents Relating to Indebtedness. Except as expressly contemplated by this Agreement, Company shall not, and shall not permit any of its Subsidiaries to, amend or otherwise change the terms of any Subordinated Indebtedness (except in connection with a Permitted Refinancing thereof), or make any payment consistent with an amendment thereof or change thereto, if the effect of such amendment or change is to increase the interest rate thereon, change (to earlier dates) any dates upon which payments of principal or interest are due thereon, change any event of default or condition to an event of default with respect thereto (other than to eliminate any such event of default or increase any grace period related thereto), change the redemption, prepayment or defeasance provisions thereof, change the subordination provisions thereof (or of any guaranty thereof), or change any collateral therefor (other than to release such collateral), or if the effect of such amendment or change, together with all other amendments or changes made, is to increase materially the obligations of the obligor thereunder or to confer any additional rights on the holders thereon (or a trustee or other representative on their behalf) which, in each case, would be adverse in any material respect to Company or Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Hexcel Corp /De/), Credit Agreement (Hexcel Corp /De/), Credit Agreement (Hexcel Corp /De/)

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Amendments of Documents Relating to Indebtedness. Except as expressly contemplated by this Agreementin connection with Permitted Refinancing Indebtedness, no Principal Company shall notwill, and shall not no Principal Company will permit any of its Subsidiaries to, amend or otherwise change the terms of any Subordinated Indebtedness (except in connection with a Permitted Refinancing thereof)Indebtedness, or make any payment consistent with an amendment thereof or change thereto, if the effect of such amendment or change is to increase the interest rate thereonon such Indebtedness, change (to earlier dates) any dates upon which payments of principal or interest are due thereon, change any event of default or condition to an event of default with respect thereto (other than to eliminate any such event of default or increase any grace period related thereto), change the redemption, prepayment or defeasance provisions thereof, change the subordination provisions thereof (or of any guaranty thereof), or change any collateral therefor (other than to release such collateral), or if the effect of such amendment or change, together with all other amendments or changes made, is to increase materially the obligations of the obligor thereunder or to confer any additional rights on the holders thereon of such Indebtedness (or a trustee or other representative on their behalf) which, in each case, which would be materially adverse in to any material respect to Company Loan Party, the Lenders or Lendersthe Agent.

Appears in 2 contracts

Samples: Credit Agreement (Dialogic Inc.), Credit Agreement (Tennenbaum Capital Partners LLC)

Amendments of Documents Relating to Indebtedness. Except as expressly contemplated by this Agreement, Company shall not, and shall not permit any of its Subsidiaries to, amend or otherwise change the terms of any Subordinated Permitted Additional Indebtedness (except in connection with a Permitted Refinancing thereof), or make any payment consistent with an amendment thereof or change thereto, if the effect of such amendment or change is to increase the interest rate thereon, change (to earlier dates) any dates upon which payments of principal or interest are due thereon, change any event of default or condition to an event of default with respect thereto (other than to eliminate any such event of default or increase any grace period related thereto), change the redemption, prepayment or defeasance provisions provisions, if any, thereof, change the payment or lien subordination provisions provisions, if any, thereof (or of any guaranty thereof), or change any collateral therefor (other than to release such collateral), or in each case if the effect of such amendment or change, together with all other amendments or changes made, is to increase materially the obligations of the obligor thereunder or to confer any additional rights on the holders thereon (or a trustee or other representative on their behalf) which, in each case, would be adverse in any material respect to Company or Lenders, as reasonably determined by a responsible officer of Company.

Appears in 2 contracts

Samples: Credit Agreement (Globe Specialty Metals Inc), Credit Agreement (Hexcel Corp /De/)

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Amendments of Documents Relating to Indebtedness. Except as expressly contemplated by this Agreement, The Parent and the Company shall not, and shall not permit any of its their respective Subsidiaries to, amend or otherwise change the terms of the Ohio Debt or any Indebtedness under the Senior Discount Note Related Documents or the Senior Subordinated Indebtedness (except in connection with a Permitted Refinancing thereof)Note Related Documents, or make any payment consistent with an amendment thereof or change thereto, if the effect of such amendment or change is to increase the interest rate thereonon such 118 Indebtedness, change (to earlier dates) any dates upon which payments of principal or interest are due thereon, change any event of default or condition to an event of default with respect thereto (other than to eliminate any such event of default or increase any grace period related thereto), change the redemption, prepayment or defeasance provisions thereof, change the subordination provisions thereof (or of any guaranty thereof), or change any collateral therefor (other than to release such collateral), or if the effect of such amendment or change, together with all other amendments or changes made, is to increase materially the obligations of the obligor thereunder or to confer any additional rights on the holders thereon of such Indebtedness (or a trustee or other representative on their behalf) which, in each case, which would be adverse in any material respect to the Parent, the Company or the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Wellman North America Inc)

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