Common use of Amendments of Material Contracts Clause in Contracts

Amendments of Material Contracts. No Loan Party will amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of any material contract if such amendment, modification, cancellation or termination would reasonably be expected to result in a Material Adverse Effect.

Appears in 6 contracts

Samples: Senior Secured Note Purchase Agreement (TILT Holdings Inc.), Junior Secured Note Purchase Agreement (TILT Holdings Inc.), Junior Secured Note Purchase Agreement (TILT Holdings Inc.)

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Amendments of Material Contracts. No Loan Party will amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of any material contract if such amendment, modification, cancellation or termination would reasonably be expected to result in a Material Adverse Effect.; provided that if a third party amends, modifies, cancels or terminates a material contract that would reasonably be expected to result in a Material Adverse Effect, the Loan Party will promptly notify the Noteholder Representative. 7.17

Appears in 1 contract

Samples: Secured Note Purchase Agreement (TILT Holdings Inc.)

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