Common use of Amendments to Second Lien Collateral Documents Clause in Contracts

Amendments to Second Lien Collateral Documents. (a) So long as the Discharge of First Lien Obligations has not occurred, without the prior written consent of the First Lien Agent, no Second Lien Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent that any provisions therein as so amended, supplemented or modified, or the terms of any new Second Lien Collateral Document, would be prohibited by, or would require any Pledgor to act or refrain from acting in a manner that would violate, any of the terms of this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Talos Energy Inc.), Intercreditor Agreement (Talos Energy Inc.), Credit Agreement (Talos Energy Inc.)

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Amendments to Second Lien Collateral Documents. (a) So long as the Discharge of First Lien Obligations has not occurred, without Without the prior written consent of the First Lien each other Collateral Agent, each Collateral Agent agrees that no Second Lien Collateral Document may be amended, supplemented restated, amended and restated, supplemented, replaced or Refinanced or otherwise modified from time to time or entered into to the extent that any provisions therein as so amendedsuch amendment, supplemented supplement, Refinancing or modifiedmodification, or the terms of any new Second Lien Collateral Document, would be prohibited by, or would require any Pledgor Grantor to act or refrain from acting in a manner that would violate, any of the terms of this Agreement.

Appears in 1 contract

Samples: Passu Intercreditor Agreement (Franchise Group, Inc.)

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