Changes Relating to Subordinated Debt; Material Contracts. No Credit Party shall change or amend the terms of any Subordinated Debt (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (a) increase the interest rate on such Subordinated Debt; (b) change the dates upon which payments of principal or interest are due on such Subordinated Debt other than to extend such dates; (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Subordinated Debt; (d) change the redemption or prepayment provisions of such Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (e) grant any security or collateral to secure payment of such Subordinated Debt; or (f) change or amend any other term if such change or amendment would materially increase the obligations of the Credit Party thereunder or confer additional material rights on the holder of such Subordinated Debt in a manner adverse to any Credit Party, Agent or any Lender.
Changes Relating to Subordinated Debt; Material Contracts. (a) No Credit Party shall change or amend the terms of any Subordinated Debt (or any indenture, note, guarantee, agreement or other Subordinated Debt Document in connection therewith) if the effect of such amendment is to: (i) increase the interest rate on such Subordinated Debt (or on any Deferred Interest thereon) or change the manner of payment thereof (including changes from cash interest to payment-in-kind interest); (ii) change the dates upon which payments of principal, interest or other amounts are due on such Subordinated Debt other than to extend such dates; (iii) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Subordinated Debt; (iv) change the redemption or prepayment provisions of such Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (v) grant any security or collateral to secure payment of such Subordinated Debt or provide any additional guaranty with respect to such Subordinated Debt (other than, with respect to a new Subsidiary (or Mid-Missouri Telephone) that becomes a Subsidiary Guarantor, a subordinated guaranty by such new Subsidiary or Mid-Missouri Telephone issued after such new Subsidiary or Mid-Missouri Telephone becomes a Subsidiary Guarantor and in the form of the subordinated guaranty issued in connection with the Initial IDS Subordinated Notes Documents); (vi) change the subordination provisions thereof; (vii) change the interest deferral provisions thereof; or (viii) change or amend any other term if such change or amendment would materially increase the obligations of any Credit Party thereunder or confer additional material rights on the holder of such Subordinated Debt in a manner adverse to any Credit Party, Agent or any Lender.
(b) No Credit Party shall make any payment on any Indebtedness (other than the Obligations) in contravention of the terms of the subordination provisions with respect to any series or issue of Subordinated Debt or other Indebtedness or any of the other terms of Articles 10 and 12 of the Initial IDS Subordinated Notes Indenture or any Subsequent IDS Subordinated Notes Indenture (or the comparable provisions of any Additional Subordinated Debt Documents), including, without limitation, terms which prohibit payments (other than payments of Obligations) (i) during the continuance of a default, or (ii) if specified Indebtedness is...
Changes Relating to Subordinated Debt; Material Contracts. No Credit Party shall or shall allow any of their Subsidiaries to change or amend the terms of any Subordinated Debt (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (a) increase the interest rate on such Subordinated Debt; (b) change the dates upon which payments of principal or interest are due on such Subordinated Debt other than to extend such dates; (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Subordinated Debt; (d) change the redemption or prepayment provisions of such Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (e) grant any security or collateral to secure payment of such Subordinated Debt; or (f) change or amend any other term if such change or amendment would materially increase the obligations of the Credit Party or their Subsidiaries thereunder or confer additional material rights on the holder of such Subordinated Debt in a manner adverse to any Credit Party, Subsidiary, Agent or any Lender.
Changes Relating to Subordinated Debt; Material Contracts. (a) No Credit Party shall, nor shall it permit any of its Subsidiaries to, change or amend the terms of any Subordinated Debt (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (i) increase the interest rate on such Subordinated Debt, (ii) change the dates upon which payments of principal or interest are due on such Subordinated Debt other than to extend such dates, (iii) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Subordinated Debt, (iv) change the redemption or prepayment provisions of such Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith, (v) grant any security or collateral to secure payment of such Subordinated Debt, (vi) change the terms of the subordination of such Subordinated Debt or (vii) change or amend any other term if such change or amendment would materially increase the obligations of such Person thereunder or confer additional material rights on the holder of such Subordinated Debt in a manner adverse to any such Person, Administrative Agent or any Lender.
(b) No Credit Party shall, nor shall it permit any of its Subsidiaries to, change or amend the terms of (i) the ESL Subordination Agreement or (ii) any of the Qualified Trade Credit Documents.
(c) No Credit Party shall, nor shall it permit any of its Subsidiaries to, change or amend the terms of any other material document or agreement to the extent such changes or amendments could reasonably be expected to materially and adversely affect the rights or remedies of Administrative Agent or Lenders under the Credit Loan Documents.
Changes Relating to Subordinated Debt; Material Contracts. (a) No Credit Party shall change or amend the terms of any Subordinated Debt Documents unless otherwise expressly permitted under the Intercreditor Agreement or with the consent of the Agent and the Requisite Lenders.
(b) No Credit Party shall change or amend the terms of any Material Contract.
Changes Relating to Subordinated Debt; Material Contracts. (a) No Credit Party shall change or amend the terms of any Subordinated Debt (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (a) increase the interest rate on such Subordinated Debt; (b) change the dates upon which payments of principal or interest are due on such Subordinated Debt other than to extend such dates; (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Subordinated Debt; (d) change the redemption or prepayment provisions of such Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (e) grant any security or collateral to secure payment of such Subordinated Debt; or (f) change or amend any other term if such change or amendment would materially increase the obligations of the Credit Party thereunder or confer additional material rights on the holder of such Subordinated Debt in a manner adverse to any Credit Party, Agent or any Lender.
(b) No Credit Party shall change or amend the terms of any contract or agreement to which such Credit Party is a party involving aggregate consideration payable to or by such Credit Party of $250,000 or more (other than purchase orders in the ordinary course of the business of such Credit Party and other than contracts that by their terms may be terminated by such Credit Party in the ordinary course of its business upon less than 60 days notice without penalty or premium).
Changes Relating to Subordinated Debt; Material Contracts. (a) No Borrower shall change or amend the terms of any Subordinated Debt (or any indenture or agreement in connection therewith), other than (i) ministerial amendments and other modifications which could not adversely affect the interests of Agent or any Lender and (ii) amendments and other changes to the Tranche B Loan Facility permitted by the Intercreditor Agreement. Without limiting the generality of the prior sentence and except as permitted by the Intercreditor Agreement, no Borrower will consent to any amendment, modification or supplement to or waiver of any provision of the Subordinated Debt Documents, as applicable, if the effect of such amendment, supplement, modification or waiver would be to (w) increase the principal amount of any Subordinated Debt (including to reborrow or reincur any previously paid amount) or release or forgive any unpaid principal amount, (x) increase the interest rate thereon, (y) shorten the maturity thereof or accelerate the date for any payment, or (z) alter any covenant (other than to make such covenant less restrictive or to waive the same).
(b) No Borrower shall change or amend the terms of any Material Contract, other than ministerial amendments and other modifications which could not adversely affect the interests of Agent or any Lender.
Changes Relating to Subordinated Debt; Material Contracts. Borrower shall not change or amend the terms of any Subordinated Note Documents in a manner not permitted by the Subordination Agreement.
Changes Relating to Subordinated Debt; Material Contracts. (a) No Credit Party shall change or amend the terms of any Subordinated Note Documents unless otherwise expressly permitted under the Intercreditor Agreement.
(b) No Credit Party shall change or amend the terms of any Material Contract.
Changes Relating to Subordinated Debt; Material Contracts. No Credit Party shall change or amend the terms of any Senior Note Documents or any Material Contract except as approved by the Bankruptcy Court and Agents, other than ministerial amendments and other modifications which could not adversely affect the interests of any Agent or any Lender.
