Common use of Amendments or Waivers of Organizational Documents Clause in Contracts

Amendments or Waivers of Organizational Documents. Except as set forth in Section 6.14 or pursuant to the actions permitted by Section 6.8, no Credit 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 Organizational Documents after the Closing Date that is materially adverse to the interest of the Lender without obtaining the written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC), First Lien Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC), Second Lien Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC)

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Amendments or Waivers of Organizational Documents. Except as set forth in Section 6.14 or pursuant to the actions permitted by Section 6.8, no No Credit 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 Organizational Documents after the Closing Date that is materially Date, if the effect of such amendment, restatement, supplement, modification or waiver of any of its Organizational Documents would be adverse to any Credit Party or the interest of the Lender Lenders without obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Aeroflex Holding Corp.), Credit and Guaranty Agreement (Aeroflex Holding Corp.)

Amendments or Waivers of Organizational Documents. Except as set forth in Section 6.14 or pursuant to the actions permitted by Section 6.8, no Credit Party shall 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 Organizational Documents after the Closing Effective Date that is in a manner materially adverse to the interest of the Lender Lenders without in each case obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Atlantic Power Corp), Loan Agreement (Atlantic Power Corp)

Amendments or Waivers of Organizational Documents. Except as set forth in Section 6.14 or pursuant to the actions permitted by Section 6.86.16, no Credit 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 Organizational Documents after the Closing Date that is materially adverse to the interest of the Lender without obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver; provided, however, such consent shall only be required if the amendment, restatement, supplement or other modification is adverse to the Lenders.

Appears in 2 contracts

Samples: First Lien Credit and Guaranty Agreement (Solera Holdings, Inc), First Lien Credit and Guaranty Agreement (Solera Holdings LLC)

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Amendments or Waivers of Organizational Documents. Except as set forth in Section 6.14 or pursuant to the actions permitted by under Section 6.8, no Credit Party shall nor shall it permit any of its Restricted Guarantor Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, any of its Organizational Documents after the Closing Date that is materially adverse to the interest of the Lender without in each case obtaining the prior written consent of Requisite Lenders to such amendment, restatement, supplement or other modification or waiver.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Global Crossing LTD)

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