Approvals; Amendments Sample Clauses

Approvals; Amendments. If this Agreement calls for the approval or consent of Bank, such approval or consent may be given or withheld in the discretion of Bank unless otherwise specified herein. This Agreement and the other Loan Documents may not be modified, altered or amended, except by an agreement in writing signed by Borrower and Bank and may not be modified in any manner adverse to a provider under any secured or guarantied Swap Agreement without that provider’s prior written consent.
Approvals; Amendments. This Agreement and the Collateral Documents may be amended or waived only upon the prior express written consent of Borrower or Guarantors, as the case may be, party thereto and the Majority Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of Majority Lenders, action shall be taken by Agent for and on behalf or for the benefit of all Lenders upon the direction of Majority Lenders, and any such action shall be binding on all Lenders; provided, however, that unless all Lenders agree in writing, no amendment, modification, consent or waiver shall be effective which: (a) increases the amount of the Credit or the amount of the Term Loan Commitment or Revolving Credit Commitment or L/C Commitment of any Lender, (b) reduces interest, principal, commissions or fees owing hereunder, (c) extends the scheduled date on which any sum is due hereunder, (d) releases any Guarantor from its obligations under the Guarantee and Collateral Agreement or, subject to the proviso in Section 8.13(a), releases any material portion of the Collateral (except (i) in connection with dispositions thereof permitted under this Agreement, (ii) as permitted by subsection 10.13(b), (iii) any Guarantor may be released from its obligations under the Credit Documents if all of the Capital Stock of, or substantially all of the assets of, such Guarantor are disposed of in a 106 transaction permitted by this Agreement or (iv) as otherwise expressly permitted by this Agreement), (e) changes the definition of "Majority Lenders", (f) amends or waives the provisions of Sections 2.19(a)(ii)(C) or this Section 10.6, or (g) changes the definition of "Interest Period".
Approvals; Amendments. If this Agreement calls for the approval or consent of Lenders, such approval or consent may be given or withheld in the discretion of Lenders unless otherwise specified herein. This Agreement and the other Loan Documents may not be modified, altered or amended, except by an agreement in writing signed by Borrower and the Lending Parties.
Approvals; Amendments. If this Agreement or any other Loan Document calls for Lender’s approval or consent, such approval or consent may be given or withheld in the discretion of Lender unless otherwise specified herein. This Agreement and the other Loan Documents may not be modified, altered, or amended, except by an agreement in writing signed by each Obligor (or Borrower Agent on behalf of each Obligor or Obligors, collectively) and Lender and may not be modified in any manner adverse to a counterparty to any secured or guaranteed Hedge Agreement between any Obligor and Lender or any Lender Affiliate without that provider’s prior written consent.
Approvals; Amendments. This Agreement and the Collateral Documents may be amended only upon the prior express written consent of Borrower or Guarantors, as the case may be, party thereto and the Majority Banks. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of Majority Banks, action shall be taken by Agent for and on behalf or for the benefit of all Banks upon the direction of Majority Banks, and any such action shall be 82 76 binding on all Banks; PROVIDED, HOWEVER, that unless all Banks agree in writing, no amendment, modification, consent or waiver shall be effective which: (a) increases the amount of the Credit or the amount of the Revolving Credit Commitment or L/C Commitment of any Bank, (b) reduces interest, principal, commissions or fees owing hereunder, (c) extends the scheduled date on which any sum is due hereunder, (d) releases any Guarantor from its obligations under the Guarantee and Collateral Agreement or, subject to the proviso in Section 8.13(a), releases any material portion of the Collateral (except (i) in connection with dispositions thereof permitted under this Agreement, (ii) as permitted by subsection 10.13(b), (iii) any Guarantor may be released from its obligations under the Credit Documents if all of the Capital Stock of, or substantially all of the assets of, such Guarantor are disposed of in a transaction permitted by this Agreement or (iv) as otherwise expressly permitted by this Agreement), (e) changes the definition of "Majority Banks", or (f) amends or waives the provisions of Sections 2.15(a)(ii)(C), 2.15(b)(iii), 7.04(d), 8.08, 8.15 or this Section 10.6.
Approvals; Amendments. If this Agreement or any other Loan Document calls for Lender’s approval or consent, such approval or consent may be given or withheld in the discretion of Lender unless otherwise specified herein. This Agreement and the other Loan Documents may not be modified, altered, waived or amended, except by an agreement in writing signed by each Borrower (or by Borrower Representative on behalf of each Borrower or Borrowers, collectively) and Lender, and may not be modified in any manner adverse to a counterparty to any secured or guaranteed Swap Agreement between any Borrower and Lender or any of its Affiliates without that provider’s prior written consent. In respect of this Agreement and each other Loan Document, each Borrower certifies that it has the right, power and authority to act as agent for its Subsidiaries and bind each of them accordingly hereto and thereto.

Related to Approvals; Amendments

  • Approvals, Etc The Insurer has received true and correct copies of all approvals, licenses and consents, if any, required in connection with the Transaction;

  • Approvals and Consents Subject to any express provision in this Agreement to the contrary, a Party may conditionally or unconditionally give or withhold any consent to be given under this Agreement.

  • Approvals, Consents and Waivers Each Group Company shall have obtained any and all approvals, consents and waivers necessary for consummation of the transactions contemplated by this Agreement, including, but not limited to, (i) all permits, authorizations, approvals, consents or permits of any governmental authority or regulatory body, and (ii) the waiver by the existing shareholders of the Company of any anti-dilution rights, rights of first refusal, preemptive rights and all similar rights in connection with the issuance of the Purchased Shares at the Closing.

  • Approvals and Consent Except as otherwise set out in this Agreement, and subject to any statutory obligations, a Party may give or withhold an approval or consent to be given under this Agreement in that Party’s absolute discretion and subject to any conditions determined by the Party. A Party is not obliged to give its reasons for giving or withholding consent or for giving consent subject to conditions.

  • Approvals; Consents Where agreement, approval, acceptance or consent by either Party is required by any provision of this Agreement such action shall not be unreasonably delayed or withheld.