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Common use of Amendments to Senior Debt Clause in Contracts

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.

Appears in 5 contracts

Samples: Indenture (FiberTower CORP), Indenture (FiberTower CORP), Indenture (FiberTower CORP)