Amendments to Term Loan Documents Sample Clauses

Amendments to Term Loan Documents. The Term Loan Documents may be amended, supplemented or otherwise modified in accordance with their terms and the Term Loan Agreement may be refinanced, in each case, without notice to, or the consent of the ABL Agent or the other ABL Secured Parties, all without affecting the lien subordination or other provisions set forth in the Intercreditor Agreement (even if any right of subrogation or other right or remedy of ABL Agent or any other ABL Secured Party is affected, impaired or extinguished thereby); provided, that,
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Amendments to Term Loan Documents. Amend, supplement or otherwise modify any Term Loan Document or any other document, instrument or agreement relating to the Term Loan Documents in violation of the provisions of the Intercreditor Agreement.
Amendments to Term Loan Documents. Promptly following the occurrence of such event, any amendment, waiver, supplement, or other modification of any Term Loan Document (accompanied by a true, correct and complete copy thereof).
Amendments to Term Loan Documents. The Term Loan Secured Parties shall not amend, waive or otherwise modify the provisions of the Term Loan Documents without the prior written consent of the Revolving Credit Agent which would (i) increase the aggregate principal amount (exclusive of interest, fees, costs and expenses) outstanding on the Term Loan Debt to an amount in excess of (A) $325,000,000 less (B) any principal repayments made on account of the Term Loan Debt, (ii) shorten the final maturity of any of the Term Loan Debt (other than due to acceleration in accordance with the terms of the Term Loan Documents), (iii) advance any other scheduled date for the payment of principal, interest or fees payable in respect of the Term Loan Debt, (iv) increase any interest rate margin on the Term Loan Debt by more than 350 basis points (3.50%), other than (A) by operation of a pricing matrix or grid based upon a measure or financial performance or the imposition of a default rate of interest, as such matrix, grid or default rate of interest exists in the Term Loan Documents as in effect on the date hereof, or (B) increases attributable to changes in the Eurodollar Rate or Alternate Base Rate; (v) increase any fees under the Term Loan Documents, other than by the imposition of a default rate with respect thereto, as such fees and default rate exists in the Term Loan Documents as in effect on the date hereof, (vi) increase any scheduled or mandatory payment, or require any additional payments, of the principal amount of any Term Loan Debt in addition to that which exists in the Term Loan Documents as in effect on the date hereof, or (vii) add any limitations or restrictions on payments of the Revolving Loan Debt to those existing in the Term Loan Documents as in effect on the date hereof, provided that nothing contained in this Section 3.2 or elsewhere in this Agreement shall be construed to require the consent of the Revolving Agent to any waiver by the Term Loan Secured Parties of any default or event of default under the Term Loan Documents or other term, provision or condition contained in any of the Term Loan Documents or of any of the rights and remedies of the Term Loan Secured Parties thereunder. The Term Loan Secured Parties shall be entitled to receive (x) fees for amendments, providing consents, waiving defaults or granting forbearances and (y) for the reimbursement of any reasonable out-of-pocket expenses (including fees of attorneys, appraisers, consultants and advisors) relating thereto...
Amendments to Term Loan Documents. The Borrowers and the Guarantors will not amend, waive, modify or supplement or consent to any amendment, waiver, modification or supplement of any Term Loan Documents, if such amendment, waiver or other modification would contravene any provision of the Intercreditor Agreement.
Amendments to Term Loan Documents. The Term Loan Documents may be amended, restated, amended and restated, supplemented or otherwise modified in accordance with their terms and the Term Loan Obligations may be Refinanced with replacement Term Loan Obligations, in each case, without notice to, or the consent of, the ABL Secured Party, all without affecting the Lien subordination or other provisions of this Agreement; provided, that the holders of any Refinancing debt bind themselves in a joinder agreement reasonably acceptable to the Secured Parties and addressed to the Secured Parties (other than the Secured Party representing such holders), to the terms of this Agreement; and provided, further, that any such amendment, restatement, amendment and restatement, supplement, modification or Refinancing (except for a Term Loan DIP Financing deemed consented to by ABL Secured Party pursuant to Section 6.1(b) hereof and that is consistent with the priorities provided for in this Agreement) of the Term Loan Documents shall not, without the consent of the ABL Secured Party:
Amendments to Term Loan Documents. Neither Borrower will suffer or permit or will permit any Subsidiary to suffer or permit any amendment, change or modification of, or any waiver of any provision of, or grant any consent in respect of, any of the Term Loan Documents except with the prior written consent of the Banks, which consent shall not be unreasonably withheld except no such consent shall be required to obtain the release or reduction in amount of any collateral held with respect to the Term Loan Documents.
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Amendments to Term Loan Documents. Holdings and the Company shall not, and shall not permit any Group Member to, terminate or agree to any amendment, supplement, or other modification of (pursuant to a waiver or otherwise) any Term Loan Document if the effect of such amendment, modification or other change is to: (1) increase the outstanding principal amount of the Term Loans in an amount in excess of what is permitted hereunder; (2) cause an absolute value increase in the applicable margin (including any applicable rate floor) and fees, including any original issue discount, of greater than three percent (3.00%); (3) accelerate the dates for payments of principal and interest on account of the Term Loans; (4) change any provisions related to mandatory repayments required under the Term Loan Documents; (5) change the definition ofExcess Cash Flow” (or any component definitions thereof) in a manner that would require greater payments on account of the Term Loans, and (6) to the extent applicable, expand the voting rights or permitted hold position of any Affiliate of any Loan Party that is a Term Lender.
Amendments to Term Loan Documents. The Borrowers will not, and will not permit any of their Subsidiaries to, amend, supplement or otherwise modify any of the Term Loan Documents in any manner that shortens the maturity or average life to maturity of the Term Loan Facility or adds or modifies to make more burdensome on the Borrowers and their Subsidiaries the terms of any required prepayments, redemptions or repurchases (other than waivers or deferrals thereof) in respect of the Term Loan Facility or in any manner that is prohibited by the Intercreditor Agreement, in each case, without the written consent of the Required Lenders. The Borrowers will not, and will not permit any of their Subsidiaries to, make any payment which would not have been made in the absence of an amendment or change of terms of the Term Loan Facility unless such amendment or change has been approved by the Required Lenders as provided in the preceding sentence.”
Amendments to Term Loan Documents. Amend the terms of the Term Loan Documents or of documents governing Refinancing Indebtedness, if such amendment would (i) increase the amount of such Indebtedness except by an amount equal to reasonable fees and expenses incurred in connection with such amendment (provided that the Borrower shall be permitted to (x) exercise its option under Section 2.13 of the Term Loan Credit Agreement to increase the term loans thereunder by an amount that, when added to increases in Commitments pursuant to Section 2.16, does not exceed $300,000,000, and (y) exercise its option under Section 2.14 of the Term Loan Credit Agreement to borrow additional amounts to fund Acquisitions and related transaction costs), (ii) change the maturity date to a date that is earlier than twelve (12) months after the Maturity Date of this Agreement then in effect, (iii) shorten the average life to maturity of such Indebtedness, (iv) result in the material terms of such Indebtedness or of any agreement entered into or of any instrument issued in connection therewith to be less favorable in any material respect to the Loan Parties or the Lenders, or (v) contravene the provisions of the Intercreditor Agreement.
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