Common use of Congoleum Clause in Contracts

Congoleum. Each of the Company and its Subsidiaries will not make any amendments or changes to the Congoleum Plan, the Congoleum Plan Note and the Congoleum Plan Trust without the prior written consent of the Agent if the effect of such amendment or change would be to increase the obligations of the Borrowers or any of their Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (American Biltrite Inc), Credit Agreement (American Biltrite Inc)

AutoNDA by SimpleDocs

Congoleum. Each of the Company and its Subsidiaries will not make any amendments xxx xxxxxxxxxs or changes to the Congoleum Plan, the Congoleum Plan Note and or the Congoleum Plan Trust without the prior written consent of the Agent Required Holders if the effect of such amendment or change would be to increase the obligations of the Borrowers Company or any of their its Restricted Subsidiaries.

Appears in 1 contract

Samples: Note Purchase Agreement (American Biltrite Inc)

Congoleum. Each of the Company and its Subsidiaries will not make any amendments or changes to the Congoleum Plan, the Congoleum Plan Note and the Congoleum Plan Trust without the prior written consent of the Agent if the effect of such amendment or change would be to materially increase the obligations of the Borrowers or any of their Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (American Biltrite Inc)

AutoNDA by SimpleDocs

Congoleum. Each of the Company and its Subsidiaries will not make any xxx xxxx xny amendments or changes to the Congoleum Plan, the Congoleum Plan Note and or the Congoleum Plan Trust without the prior written consent of the Agent Required Holders if the effect of such amendment or change would be to increase the obligations of the Borrowers Company or any of their its Subsidiaries.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (American Biltrite Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!