Amendments, Waiver, Etc. Neither this Guaranty nor any provision hereof may be changed, waived, discharged or terminated except with the written consent of INSW and with the written consent of (x) the Administrative Agent (or, to the extent required by Section 11.12 of the Credit Agreement, with the written consent of the Required Lenders) at all times prior to the time on which all Credit Document Obligations have been paid in full or (y) the holders of at least a majority of the outstanding Other Obligations at all times after the time on which all Credit Document Obligations have been paid in full; provided, that any change, waiver, modification or variance affecting the rights and benefits of a single Class (as defined below) of Secured Creditors (and not all Secured Creditors in a like or similar manner) shall also require the written consent of the Requisite Creditors (as defined below) of such Class of Secured Creditors. For the purpose of this Guaranty, the term β
Appears in 2 contracts
Samples: Holdings Guaranty Agreement (International Seaways, Inc.), Holdings Guaranty Agreement (International Seaways, Inc.)
Amendments, Waiver, Etc. Neither this Euronav Guaranty nor any provision hereof may be changed, waived, discharged or terminated except with the written consent of INSW Euronav and with the written consent of (x) the Administrative Facility Agent (or, to the extent required by Section 11.12 11.13 of the Credit Agreement, with the written consent of the Required Lenders) at all times prior to the time on which all Credit Document Obligations have been paid in full or (y) the holders of at least a majority of the outstanding Other Obligations at all times after the time on which all Credit Document Obligations have been paid in full; provided, that any change, waiver, modification or variance affecting the rights and benefits of a single Class (as defined below) of Secured Creditors (and not all Secured Creditors in a like or similar manner) shall also require the written consent of the Requisite Creditors (as defined below) of such Class of Secured Creditors. For the purpose of this Euronav Guaranty, the term β
Appears in 2 contracts
Samples: Consent, Supplemental and Amendment Letter (Gener8 Maritime, Inc.), Consent, Supplemental and Amendment Letter (Gener8 Maritime, Inc.)