Common use of Changes in Subordinated Debt Documents Clause in Contracts

Changes in Subordinated Debt Documents. The Loan Parties shall not amend or modify any provisions of the documents relating to the Subordinated Debt without providing at least ten (10) calendar days' prior written notice to the Agent and the Banks, and, if the same would adversely affect the interests of the Agent and the Banks, obtaining the prior written consent of the Required Banks. No Loan Party shall directly or indirectly make any payment on the Subordinated Debt which would violate the provisions of any applicable subordination agreement or provision. Neither the Senior Notes nor the Subordinated Debt shall become secured.

Changes in Subordinated Debt Documents. The Loan Parties shall not amend or modify any provisions of the documents relating to the Subordinated Debt without providing at least ten (10) calendar days' ’ prior written notice to the Agent and the BanksAgent, and, if the same would adversely affect the interests of the Agent and the BanksLenders in any material respect, obtaining the prior written consent of the Required BanksLenders. No Loan Party shall directly or indirectly make any payment on the Subordinated Debt which would violate the provisions of any applicable subordination agreement or provision. Neither the Senior Notes nor the Subordinated Debt shall become secured.

Changes in Subordinated Debt Documents. The Loan Parties shall not amend or modify any provisions of the documents relating to the Subordinated Debt without providing at least ten (10) calendar days' prior written notice to the Agent and the BanksLenders, and, if the same would adversely affect the interests of the Agent and the BanksLenders, obtaining the prior written consent of the Required BanksLenders. No Loan Party shall directly or indirectly make any payment on the Subordinated Debt which would violate the provisions of any applicable subordination agreement or provision. Neither the Senior Notes nor the Subordinated Debt shall become secured.