Amendments to Senior Finance Documents Sample Clauses

Amendments to Senior Finance Documents. Until the Bridge Discharge Date, no member of the Group that is a party to the Senior Finance Documents or Senior Finance Party shall, except with the prior consent of the Majority Bridge Lenders, amend or give any waiver or consent under any provision of any Senior Finance Document which would result in: (a) the rate of interest or fees payable under any Senior Finance Document being increased (excluding, for the avoidance of doubt, under the Syndication Side Letter) except for any increase in interest or commissions payable on guarantees or letters of credit not exceeding 50 basis points per annum in relation to each of the Facilities; (b) any change to the basis on which interest or other amounts (including fees) accrue, are calculated or are payable under any Senior Finance Document; (c) any increase to the amount to be repaid or change to the currency of the amount to be repaid under any Senior Finance Document other than as a result of a Senior Declared Default; (d) any extension of a scheduled repayment or prepayment date under any Senior Finance Document provided that: (i) prior to the Extension Date (as defined under the Bridge Facility Agreement) or if the Extension Date does not occur, the Termination Date in relation to Facility A or the Termination Date in relation to Facility B can be extended to the Termination Date in relation to Facility C; and (ii) after the Extension Date (as defined under the Bridge Facility Agreement) the Termination Date in relation to each of the Facilities can be extended to the date which is 6 months after the Termination Date in relation to Facility C; (e) any amount under the Senior Finance Documents becoming payable on a date earlier or more frequently than that provided in the relevant Senior Finance Document at the date of this Agreement other than as a result of a Senior Declared Default; (f) any member of the Group being subject to more onerous obligations (including financial covenants) as a whole than those contained in the Senior Finance Documents at the date of this Agreement or obligations which would conflict with any provision of this Agreement; or (g) the transfer of rights and/or obligations under the Senior Finance Documents unless, simultaneously with that transfer, the relevant transferee signs an Accession Deed, other than any amendment, waiver or consent of a technical or administrative nature arising in the ordinary course of administration of the Senior Finance Documents. From and after issua...
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Amendments to Senior Finance Documents. (a) Subject to Clause 14.2 (Amendments to Security Documents), no Senior Finance Party will, except with the prior written consent of all the relevant Majority Banks: (i) agree to any Material Variation to any of the Facility Agreements to which it is party; (ii) agree to a deferral of any scheduled repayment and/or the extension of the maturity dates of any Advance in which it participates; or (iii) assign or otherwise transfer (other than by way of charge or security) rights and/or obligations under the Finance Documents to which it is party other than in accordance with the provisions thereof and provided that, simultaneously with such assignment or transfer, the relevant Senior Finance Party will procure that the new party agrees in favour of the other parties to this Deed to be bound by the provisions of this Deed pursuant to and in accordance with clause 36 (Assignments and Transfers) of the A/C Facilities Agreement or the equivalent provisions in either of the B Facility Agreements. (b) This Clause 14.1 (Amendments to Senior Finance Documents) shall not apply to any Hedging Agreements or to the terms of, or the operation of, any C Ancillary Facilities.
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Amendments to Senior Finance Documents. No Obligor shall agree to any amendments to or variation of the Senior Finance Documents (as defined in the Global Intercreditor Agreement) without the prior written consent of the Lender, which consent shall not be unreasonably withheld.
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Amendments to Senior Finance Documents. The Obligors and the Senior Finance Parties may amend any Senior Finance Document as they see fit.
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Related to Amendments to Senior Finance Documents

  • Amendments to Finance Documents With effect on and from the Effective Date each of the Finance Documents other than the Loan Agreement shall be, and shall be deemed by this Agreement to have been, amended as follows: (a) the definition of, and references throughout each of the Finance Documents to, the Loan Agreement and any of the other Finance Documents shall be construed as if the same referred to the Loan Agreement and those Finance Documents as amended and supplemented by this Agreement; and (b) by construing references throughout each of the Finance Documents to “this Agreement”, “this Deed”, hereunder and other like expressions as if the same referred to such Finance Documents as amended and supplemented by this Agreement.

  • 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 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 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 the Loan Agreement The Loan Agreement is hereby amended as follows:

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

  • 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 Charter Documents The Company covenants and agrees, that prior to its initial Business Combination it will not seek to amend or modify its Charter Documents, except as set forth therein. The Company acknowledges that the purchasers of the Public Securities in the Offering shall be deemed to be third party beneficiaries of this Agreement and specifically this Section 3.22.

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

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