Common use of Changes in Senior Debt Clause in Contracts

Changes in Senior Debt. Any holder of Senior Debt may at any time and from time to time without the consent of or notice to any Holder or the Trustee: (a) extend, renew, modify, waive or amend the terms of the Senior Debt; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any guarantor or any other person (except the Company) liable in any manner for the Senior Debt or amend or waive the terms of any guaranty of Senior Debt; (d) exercise or refrain from exercising any rights against the Company or any other Person; (e) apply any sums by whomever paid or however realized to Senior Debt; and (f) take any other action which otherwise might be deemed to impair the rights of the holders of Senior Debt without incurring any responsibility to any Holder or the Trustee and without impairing or releasing the obligations of any Holder or the Trustee to the holders of Senior Debt.

Changes in Senior Debt. Any holder of Senior Debt may at any time and from time to time without the consent of or notice to any Holder or the Trustee: (a) extend, renew, modify, waive or amend the terms of the Senior Debt; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any guarantor or any other person (except the Company) liable in any manner for the Senior Debt or amend or waive the terms of any guaranty of Senior Debt; (d) exercise or refrain from exercising any rights against the Company or any other Person; (e) apply any sums by whomever paid or however realized to Senior Debt; and (f) take any other action which otherwise might be deemed to impair the rights of the holders of Senior Debt without incurring any responsibility to any Holder or the Trustee and without impairing or releasing the obligations of any Holder or the Trustee to the holders of Senior Debt.. 77

Changes in Senior Debt. Any holder of Senior Debt Lender may at any time and from time to time without the consent of or notice to any Holder or the Trusteeany subsequent holder of this Note: (a) extend, renew, modify, waive or amend the terms of the Senior Debt; (b) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Senior Debt; (c) release any guarantor or any other person Person (except the Company) liable in any manner for the Senior Debt or amend or waive the terms of any guaranty of the Senior Debt; (d) exercise or refrain from exercising any rights against the Company or any other Person; (e) apply any sums by whomever paid or however realized to Senior Debt; and (f) take any other action which otherwise might be deemed to impair the rights of the holders Senior Lenders. Any and all of such actions may be taken by the Senior Debt Lenders without incurring any responsibility to any Holder or the Trustee any subsequent holder of this Note and without impairing or releasing the obligations of any Holder or the Trustee any subsequent holder of this Note to the holders of Senior Debt.Lenders. (f)