Common use of Amendments or Waivers of Certain Agreements Clause in Contracts

Amendments or Waivers of Certain Agreements. The Borrower shall not amend, waive or otherwise modify (a) the Bank Term Loan Agreement in a manner that would result in terms more favorable to the lenders party thereto than the terms hereof or (b) the Master Agreement in a manner materially adverse to the Lenders (other than GECC or any of its Affiliates that are Lenders) without the prior written consent of the Required Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Synchrony Financial), Credit Agreement (Synchrony Financial)

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Amendments or Waivers of Certain Agreements. The Borrower shall not amend, waive or otherwise modify (a) the Bank GECC Term Loan Agreement in a manner that would result in terms more favorable to the lenders party thereto than the terms hereof or that modify the GECC Transfer Restrictions or approve any assignment or participation that would violate such GECC Transfer Restrictions or (b) the Master Agreement in a manner materially adverse to the Lenders (other than GECC or any of its Affiliates that are Lenders) , in each case, without the prior written consent of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Synchrony Financial)

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Amendments or Waivers of Certain Agreements. The Borrower shall not amend, waive or otherwise modify (a) the Bank GECC Term Loan Agreement in a manner that would result in terms more favorable to the lenders party thereto than the terms hereof or that modify the GECC Transfer Restrictions or approve any assignment or participation that would violate such GECC Transfer Restrictions or (b) the Master Agreement in a manner materially adverse to the Lenders (other than GECC or any of its Affiliates that are Lenders) without the prior written consent of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Synchrony Financial)

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