Common use of Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment Clause in Contracts

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

Appears in 3 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)

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Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a LoanLoan or any mandatory Commitment reduction in connection with such a mandatory prepayment hereunder except for mandatory reductions of the Commitments on the Expiration Date), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any LenderLender hereunder, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected therebyhereunder;

Appears in 3 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Expiration Date, Term Loan Maturity Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

Appears in 3 contracts

Samples: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether Without the written consent of all Lenders, whether or not any Loans are outstanding, extend the Maturity Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a LoanLoan or any mandatory Commitment reduction in connection with such a mandatory prepayment hereunder except for mandatory reductions of the Commitments on the Expiration Date), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected therebyor any other fee payable to any Lender;

Appears in 2 contracts

Samples: Credit Agreement (Covance Inc), Revolving Credit Facility (Covance Inc)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any LenderLender or any other amount payable to any Lender under this Agreement or the other Loan Documents, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any LenderLender or any other amount payable to any Lender under this Agreement or the other Loan Documents, without the consent of each Lender directly affected thereby;

Appears in 2 contracts

Samples: Credit Agreement (Steel Partners Holdings L.P.), Credit Agreement (Handy & Harman Ltd.)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Date, the Term Loan Maturity Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

Appears in 2 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Revolving Credit Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-post default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

Appears in 2 contracts

Samples: Credit Agreement (Healthcare Services Group Inc), Credit Agreement (Healthcare Services Group Inc)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, waive any failure to pay principal or interest of any Loans, the Commitment Fee or any other fee payable to any Lender on the date due, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;; or

Appears in 2 contracts

Samples: Revolving Credit Facility (Nacco Industries Inc), Revolving Credit Facility Agreement (Nacco Industries Inc)

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Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Revolving Credit Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in the interest ratesrate) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;; 127

Appears in 1 contract

Samples: Credit Agreement (Gp Strategies Corp)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Revolving Credit Commitment Fee, the Delayed Draw Ticking Term Loan Commitment Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Revolving Credit Commitment Fee, the Delayed Draw Ticking Term Loan Commitment Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

Appears in 1 contract

Samples: Credit Agreement (Neogenomics Inc)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Maturity Expiration Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a LoanLoan pursuant to Section 5.7 [Mandatory Prepayments]), the Commitment Fee, the Delayed Draw Ticking Facility Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-default increase in interest rates) or reduce the Commitment FeeFacility Fee or any other fee payable to any Lender, the Delayed Draw Ticking Facility Fee or any other fee payable to any Lender, without the consent of each Lender (including Defaulting Lenders) directly affected thereby;

Appears in 1 contract

Samples: Credit Agreement (Gsi Commerce Inc)

Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment. Whether or not any Loans are outstanding, extend the Expiration Date, the Maturity Date or the time for payment of principal or interest of any Loan (excluding the due date of any mandatory prepayment of a Loan), the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, or reduce the principal amount of or the rate of interest borne by any Loan (other than as a result of waiving the applicability of any post-post default increase in interest rates) or reduce the Commitment Fee, the Delayed Draw Ticking Fee or any other fee payable to any Lender, without the consent of each Lender directly affected thereby;

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

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