Amendments or Waivers of Organizational Documents and Certain Related Agreements Sample Clauses

Amendments or Waivers of Organizational Documents and Certain Related Agreements. Except for Permitted Joint Venture Dispositions and as set forth in Section 6.15, no Credit Party shall, nor shall it permit any of its Subsidiaries to, agree to any amendment, restatement, supplement or other modification to, or waiver of, any of its Organizational Documents or any of its material rights under any Related Agreement after the Closing Date if such amendment, restatement, supplement or other modification or waiver would be adverse to the Lenders.
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Amendments or Waivers of Organizational Documents and Certain Related Agreements. Except as contemplated by Section 3.1(d)(i), no Credit Party shall nor shall it permit any of its Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, any of its Organizational Documents or any of its material rights under any Related Agreement after the Closing Date if such amendment, restatement, supplement, modification, or waiver would have a Material Adverse Effect on the rights or remedies of the Lenders under the Credit Documents or with respect to the Credit Parties, without in each case obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver.
Amendments or Waivers of Organizational Documents and Certain Related Agreements. After the Closing Date, no Credit Party shall nor shall it permit any of its Subsidiaries to, agree to any amendment, restatement, supplement or other modification to, or waiver of, (a) any of its Organizational Documents or (b) any of its rights under any Material Contract (except as could not reasonably be expected to have a Material Adverse Effect), in each case, other than such amendments, restatements, supplements or other modifications or waivers (i) that are not materially adverse to Administrative Agent or Lenders or their respective interests in and under the Loans, the Collateral, or the Loan Documents in the case of Organizational Documents or (ii) as required in connection with the Plan (including the spin-off of Spinco, Inc. as contemplated by the Plan).
Amendments or Waivers of Organizational Documents and Certain Related Agreements. Except as set forth in Section 6.15, no Credit Party shall nor shall it permit any of its Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, any of its Organizational Documents after the Second Restatement Effective Date or any of its material rights under any Related Agreement after the Original Closing Date if the effect thereof would be materially adverse to the Lenders in the good faith judgment of the board of directors or management of Parent Borrower without in each case obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver; provided, that each Person that becomes a Subsidiary of a Credit Party after the Second Restatement Effective Date may amend, restate, supplement, or otherwise modify, any of its Organizational Documents in a manner consistent with the Organizational Documents of the Credit Parties. For purposes of this Section 6.14, any amendment, restatement, supplement or other modification to, or any waiver of, any fees or other economic terms in the Management Agreement shall be deemed material and subject in all respect to this Section 6.14. Notwithstanding the foregoing, for the avoidance of doubt, no consent of Lenders shall be required under this Section 6.14 with respect to any amendments or modifications to the Senior Notes Indenture to become effective on the Second Restatement Effective Date as described in the Consent Solicitation and Exchange Offer.
Amendments or Waivers of Organizational Documents and Certain Related Agreements. The Borrower shall not, and shall not permit any other Loan Party or any Intermediate Subsidiary to, amend, restate, supplement or otherwise modify, or waive, any provision of, (a) its certificate or articles of incorporation or formation, by-laws, operating agreement, declaration of trust, partnership agreement or other applicable organizational document or (b) any Material Contract (except as could not reasonably be expected to have a Material Adverse Effect), in each case, other than such amendments, restatements, supplements or other modifications or waivers that are not materially adverse to the Administrative Agent or any of the other Secured Parties or their respective interests in and under the Loans, the Collateral or the Loan Documents.
Amendments or Waivers of Organizational Documents and Certain Related Agreements. The Borrower shall not amend, restate, supplement or otherwise modify, or waive, any provision of, its certificate or articles of incorporation, by-laws, or other applicable organizational document, in each case, other than such amendments, restatements, supplements or other modifications or waivers that are not materially adverse to the Administrative Agent or any Lender or their respective interests in and under the Loans or the Loan Documents.
Amendments or Waivers of Organizational Documents and Certain Related Agreements. Except as set forth in Section 7.14, no Loan Party shall, nor shall it permit any of its Restricted Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, any of its Organization Documents or any of its material rights under any related agreement after the Closing Date without in each case obtaining the prior written consent of the Required Lenders, to such amendment, restatement, supplement or other modification or waiver, except, in each case, to the extent such amendment, restatement, supplement or other modification could not reasonably be expected to be adverse in any material respect to any Lenders.
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Amendments or Waivers of Organizational Documents and Certain Related Agreements. After the Amendment and Restatement Date, no Credit Party shall nor shall it permit any of its Subsidiaries to, agree to any amendment, restatement, supplement or other modification to, or waiver of, (a) any of its Organizational Documents other than such amendments, restatements, supplements or other modifications or waivers that are not materially adverse to Administrative Agent or Lenders or their respective interests in and under the Loans, the Collateral, or the Credit Documents or (b) any of its rights under any Material Contract except as could not reasonably be expected to have a Material Adverse Effect. In addition to the foregoing, after the Amendment and Restatement Date, no Pledged Entity shall, nor shall the Parent Guarantor or any of its Subsidiaries permit or otherwise cause any Pledged Entity to, amend, restate, supplement or otherwise modify or waive any of its Organizational Documents without the prior written consent of Administrative Agent.
Amendments or Waivers of Organizational Documents and Certain Related Agreements. No Credit Party shall, nor shall it permit any of its Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, (i) any of its Organizational Documents, (ii) the Shareholders’ Agreement, (iii) the Warrant Agreements, (iv) the Preferred Shares Certificate of Designation, (v) the Remaining Unsecured Notes Documents or (vi) any of its material rights under any Related Agreement (other than the Revolving Loan Documents, the First Lien Loan Documents and the Third Lien Note Documents) after the Closing Date without, in each case, obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver. No Credit Party shall, nor shall it permit any of its Subsidiaries to, permit any waiver, supplement, modification or amendment of any ESOP Plan Document, except to the extent such amendment, modification or waiver could not reasonably be anticipated to have a Material Adverse Effect.
Amendments or Waivers of Organizational Documents and Certain Related Agreements. No Credit Party shall nor shall it permit any of its Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, any of its Organizational Documents or of its material rights under any Related Agreement after the Closing Date, if the effect of such amendment, restatement, supplement, modification or waiver (i) of any of its Organizational Documents would be adverse to any Credit Party or the Lenders, or (ii) with respect to any Related Agreement, would (a) decrease the average life to maturity thereof, (b) except as provided in Section 6.1 and Section 6.4, with regard to the Subordinated Unsecured Credit Documents, alter the repayment or prepayment provisions or the price or terms at which the Borrower is required to repay or prepay any Subordinated Unsecured Indebtedness or (c) amend the provisions of Article 11 of the Subordinated Unsecured Credit Facility (which relate to subordination), in each case, without obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver.
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