Amendments of Organization Documents and Certain Other Agreements. Amend, modify or otherwise alter (a) any of its Organization Documents in any manner that would conflict with its obligations under the Loan Documents or (b) the instrument or agreement governing any Indebtedness that is subordinated to the Obligations if such amendment, modification or alteration is in violation of the Customary Intercreditor Agreement entered into with respect thereto.
Amendments of Organization Documents and Certain Other Agreements. Amend, modify or otherwise alter (a) any of its Organization Documents in any manner that would conflict with its obligations under the Loan Documents, (b) the Merger Agreement in any manner that is materially adverse to the Lenders or (c) any term or condition in the Senior Subordinated Note Indenture (or the Senior Subordinated Notes), the instrument or agreement governing any Permitted Refinancing Indebtedness incurred to refinance any such Indebtedness or the instrument or agreement governing any other Indebtedness that is subordinated to the Obligations if such amendment, modification or alteration (i) increases the rate of, or changes the time of payment (to any earlier date or dates) of, interest on such Indebtedness, (ii) increases the principal of, advances the final maturity date of, or shortens the weighted average life to maturity of, such Indebtedness, (iii) alters the redemption, repayment or repurchase provisions or the prices at which the Borrower or other applicable obligor is required to redeem, repay or repurchase such Indebtedness in a manner adverse to the Lenders, (iv) amends any of the provisions relating to subordination in respect of the Obligations in any manner that is adverse to the Borrower or the Lenders or (v) otherwise materially increases the obligations of the Borrower or other applicable obligor thereunder or confers additional material rights on the holder of such Indebtedness in a manner adverse to the Borrower, such other applicable obligor or the Lenders.
Amendments of Organization Documents and Certain Other Agreements. Amend, modify or otherwise alter any of its Organization Documents in any manner that would conflict with its obligations under the Loan Documents (excluding any amendments of PSP’s Organizational Documents to effect the Reorganization; provided that such amendments are reasonably satisfactory to the Administrative Agent) or (b) the instrument or agreement governing any Indebtedness that is subordinated to the Obligations if such amendment, modification or alteration is in violation of the Customary Intercreditor Agreement entered into with respect thereto.
Amendments of Organization Documents and Certain Other Agreements. Amend, modify or otherwise alter (a) any of its Organization Documents in any manner that would conflict with its obligations under the Loan Documents or (b) the instrument or agreement governing any Indebtedness that is subordinated to the Obligations if such amendment, modification or alteration is in violation of the Customary Intercreditor Agreement entered into with respect thereto. (l) Accounting Changes. Make any (a) significant change in a manner adverse to the Lenders in accounting policies or reporting practices, except as permitted or required by generally accepted accounting principles, or (b) change its fiscal year.
Amendments of Organization Documents and Certain Other Agreements. Amend, modify or otherwise alter any of its Organization Documents in any manner that would conflict with its obligations under the Loan Documents (excluding any amendments of PAH’s Organizational Documents to effect the Reorganization; provided that such amendments are reasonably satisfactory to the Administrative Agent) or (b) the instrument or agreement governing any Indebtedness that is subordinated to the Obligations if such amendment, modification or alteration is in violation of the Customary Intercreditor Agreement entered into with respect thereto.
