Amendments to Senior Debt Sample Clauses

Amendments to Senior Debt. The Trustee and the Holders may at any time and from time to time without the consent of or notice to any Junior Creditor or Junior Trustee, without incurring liability to any Junior Creditor or Junior Trustee and without impairing or releasing the obligations of any Junior Creditor or Junior Trustee under this Agreement, change the manner or place of payment or extend the time of payment of or renew or alter any Senior Debt, or amend in any manner any Senior Debt Document; provided that no such renewal, alteration or amendment shall (a) increase the principal amount of the Senior Debt in excess of the maximum principal amount permitted by the definition of Senior Debt herein, (b) extend the final maturity of the Senior Debt by more than one year, or (c) prohibit or restrict the payment of principal of, interest on, or any other amounts payable with respect to, the Junior Obligations, in a manner that is more restrictive than the prohibitions and restrictions contained in the Senior Debt Documents as in effect as of the date hereof and as set forth herein.
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Amendments to Senior Debt. If the Senior Lenders' Loan Documents are amended in such a manner that would have a Material Adverse Effect on the Lender without the prior written consent of the Lender, which consent shall not be unreasonably withheld or delayed;
Sample 1
Amendments to Senior Debt. The Administrative Agent and/or the holders of Senior Debt may, at any time and from time to time, without the consent of or notice to the holders of Subordinated Debt, without incurring responsibility to such holders of Subordinated Debt, and without impairing or releasing any of their rights, or any of the obligations of such holders of Subordinated Debt hereunder, do any of the following: (i) change the amount, manner, place, or terms of payment or change or extend the time of payment of or increase, renew or alter the Senior Debt, or any part thereof, or enter into or amend in any manner any agreement (including any related loan agreement, promissory notes and collateral documents) relating to the Senior Debt; (ii) sell, exchange, release, or otherwise deal with all or any part of any property by whomsoever at any time pledged or mortgaged to secure, or howsoever securing, the Senior Debt, or any part thereof; (iii) release anyone liable in any manner for the payment or collection of the Senior Debt, or any part thereof or waive any rights against any Person; (iv) exercise or refrain from exercising any rights against any of the Credit Parties and others; and (v) apply any sums, by whomsoever paid or however realized, to the Senior Debt.
Sample 1
Amendments to Senior Debt. Borrower and Senior Creditors hereby acknowledge and agree that, until this Agreement has been terminated in writing by all the parties hereto, no change or amendment to the terms of any agreement, document or instrument evidencing or executed in connection with the Senior Debt, including without limitation the Senior Notes and the Senior Credit Agreement, shall be effective without the prior written consent of holders of at least 51% of the outstanding Junior Debt if the effect of such change or amendment is to extend the final maturity date of any Senior Debt beyond the final maturity date of any Junior Debt.
Sample 1
Amendments to Senior Debt. At any time and from time to time, without notice to or the consent of the Subordinated Creditor, without incurring responsibility to the Subordinated Creditor and without impairing or releasing, the subordination provided for herein or otherwise impairing the rights of the Senior Creditors hereunder: (i) additional Senior Debt may be incurred, (ii) the time for the Company’s performance of or compliance with any of its agreements contained in the Senior Debt Agreements may be extended or such performance or compliance may be waived by the Senior Creditors; (iii) the agreements of the Senior Creditors and the Company with respect to the Senior Debt Agreements may from time to time be modified by the Company and the Senior Creditors for the purpose of adding any requirements thereto, or changing in any manner the rights and obligations of the Company and the Senior Creditors thereunder; (iv) the manner, place or terms for payment of Senior Debt or any portion thereof may be altered or the terms for payment extended, or the Senior Debt may be renewed in whole or in part; (v) the maturity of the Senior Debt may be accelerated in accordance with the terms of any present or future agreement among the Company and the Senior Creditors; (vi) any Collateral may be sold, exchanged, released or substituted and any Lien in favor of the Senior Creditors may be terminated, subordinated or fail to be perfected or become unperfected; (vii) any Person liable in any manner for Senior Debt may be discharged, released or substituted; and (viii) all other rights against the Company, any other Person or with respect to any collateral may be exercised (or the Senior Creditors may waive or refrain from exercising such rights).
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Related to Amendments to Senior Debt

  • Amendments to Financing Agreement Subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, the Financing Agreement shall be amended as follows: (a) Section 1.01 of the Financing Agreement is hereby amended by adding the following defined terms in appropriate alphabetical order:

  • Amendments to Security Documents Except to the extent otherwise expressly set forth in the Guarantee and Security Agreement or the other Loan Documents, no Security Document nor any provision thereof may be waived, amended or modified, nor may the Liens granted under the Guarantee and Security Agreement be spread to secure any additional obligations (excluding (x) any increase in the Loans and Letters of Credit hereunder pursuant to a Commitment Increase under Section 2.08(e), (y) any increase in any Other Secured Indebtedness or Shorter Term Secured Indebtedness permitted hereunder and (z) the spreading of such Liens to any Designated Indebtedness or Hedging Agreement Obligations (as defined in the Guarantee and Security Agreement) as provided for in the Guarantee and Security Agreement), except pursuant to an agreement or agreements in writing entered into by the Borrower, and by the Collateral Agent with the consent of the Required Lenders; provided that, (i) except as otherwise expressly permitted by the Loan Documents, without the written consent of each Lender and each Issuing Bank, no such agreement shall release all or substantially all of the Obligors from their respective obligations under the Security Documents and (ii) except as otherwise expressly permitted by the Loan Documents, without the written consent of each Lender and each Issuing Bank, no such agreement shall release all or substantially all of the collateral security or otherwise terminate all or substantially all of the Liens under the Security Documents, alter the relative priorities of the obligations entitled to the Liens created under the Security Documents (except in connection with securing additional obligations equally and ratably with the Loans and other obligations hereunder) with respect to all or substantially all of the collateral security provided thereby, except that no such consent shall be required, and the Administrative Agent is hereby authorized (and so agrees with the Borrower) to direct the Collateral Agent under the Guarantee and Security Agreement to, and in addition to the rights of such parties under the Guarantee and Security Agreement, the Administrative Agent and the Collateral Agent under the Guarantee and Security Agreement may, (1) release any Lien covering property (and to release any such guarantor) that is the subject of either a disposition of property not prohibited hereunder (including, without limitation, any property subject to a participation or repurchase transaction) or a disposition to which the Required Lenders or the required number or percentage of Lenders have consented (and such Lien shall be released automatically (A) to the extent provided in Section 10.03 of the Guarantee and Security Agreement and (B) to the extent permitted hereunder in connection with any property becoming subject to a participation or repurchase transaction), and (2) release from the Guarantee and Security Agreement any “Subsidiary Guarantor” (and any property of such Subsidiary Guarantor) that is designated as a “Designated Subsidiary” or becomes an Excluded Asset or an Immaterial Subsidiary in accordance with this Agreement or is otherwise no longer required to be a “Subsidiary Guarantor” (including, without limitation, because it ceases to be consolidated on the Borrower’s financial statements), so long as immediately after giving effect to any such release under this clause (2) and any Concurrent Transactions, (A) the Covered Debt Amount does not exceed the Borrowing Base and the Borrower delivers a certificate of a Financial Officer to such effect to the Administrative Agent, (B) either (I) the amount of any excess availability under the Borrowing Base immediately prior to such release is not diminished as a result of such release or (II) the Adjusted Gross Borrowing Base immediately after giving effect to such release is at least 110% of the Covered Debt Amount and (C) no Event of Default has occurred and is continuing.

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to Obligations The Trust shall regularly consult with each of FIIOC and FSC regarding their respective performance of their obligations. In connection therewith, the Trust shall submit to each of FIIOC or FSC, as applicable, at a reasonable time in advance of filing with the SEC copies of any amended or supplemented registration statements (including exhibits) under the Securities Act of 1933, as amended, and the 1940 Act, a reasonable time in advance of their proposed use, copies of any amended or supplemented forms relating to any plan, program or service offered by the Trust. Any change in such material which would require any change in the obligations of FIIOC or FSC, as applicable, hereunder shall be subject to approval by FIIOC or FSC, as applicable, which shall not be unreasonably withheld.

  • Amendments to Credit Agreement (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendments to Loan Documents Upon any such assignment, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment.

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendments to Security Agreement (a) Section 1 of the Security Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order to such Section:

  • Amendments to Servicing Agreement The Issuer covenants with the Indenture Trustee that it will not enter into any amendment or supplement to the Servicing Agreement without the prior written consent of the Indenture Trustee.

  • Amendments to Documents The Trust shall furnish BISYS written copies of any amendments to, or changes in, any of the items referred to in Section 18 hereof forthwith upon such amendments or changes becoming effective. In addition, the Trust agrees that no amendments will be made to the Prospectuses or Statement of Additional Information of the Trust which might have the effect of changing the procedures employed by BISYS in providing the services agreed to hereunder or which amendment might affect the duties of BISYS hereunder unless the Trust first obtains BISYS' approval of such amendments or changes.

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