Common use of Amendments of Documents Clause in Contracts

Amendments of Documents. So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, none of the Borrower or any Subsidiary Guarantor shall amend any of its Organization Documents, the Intercompany Secured Loans, the Intercompany Security Documents or the Subordination Agreement, except (i) to increase the amount of Intercompany Secured Loans as required pursuant to Section 2.03(b), (ii) to make any amendment to the Intercompany Security Documents to reflect a corresponding amendment to any Loan Document so as to comply with the requirements of this Agreement and the other Loan Documents, (iii) in the case of any Organization Documents of the Borrower or any Subsidiary Guarantor, as would not be materially adverse to the interests of the Lenders (it being agreed that conforming changes to be made relating to directors’ and officers’ indemnity provisions are not materially adverse to the Lenders) or (iv) amendments to the Intercompany Secured Loan Agreements, the Intercompany Security Documents or the Subordination Agreement that, in each case, are not adverse to the Borrower in any material respect.

Appears in 4 contracts

Samples: Security Agreement (Springleaf Finance Corp), Security Agreement (Springleaf Finance Inc), Credit Agreement (American General Finance Inc)

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