Common use of First Lien Credit Documents Clause in Contracts

First Lien Credit Documents. The Borrower and each Guarantor shall not, and shall not permit any of the Restricted Subsidiaries to, materially amend, waive or modify any term or provision of any First Lien Credit Document unless such amendment or modification is permitted by Section 5.3(a) of the Intercreditor Agreement without the prior written consent of the Required Lenders or the Administrative Agent and the Trustee under the Indenture (unless such amendment, waiver or modification would not adversely affect the Lenders).

Appears in 2 contracts

Samples: Term Loan Agreement (Venoco, Inc.), Term Loan Agreement (Venoco, Inc.)

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First Lien Credit Documents. The Borrower Company and each Guarantor shall not, and shall not permit any of the Restricted its respective Subsidiaries to, materially amend, waive or modify any term or provision of any First Lien Credit Document unless such amendment or modification is permitted by Section 5.3(a) of the Intercreditor Agreement without the prior written consent of the Required Lenders or the Administrative Agent and the Trustee under the Indenture (unless such amendment, waiver or modification would not adversely affect the Lenders)Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Venoco, Inc.)

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First Lien Credit Documents. The Borrower Company and each Guarantor shall not, and shall not permit any of the Restricted its respective Subsidiaries to, materially amend, waive amend or modify any term or provision of any First Lien Credit Document unless such amendment or modification is permitted by Section 5.3(a) of the Intercreditor Agreement without the prior written consent of the Required Lenders or the Administrative Agent and the Trustee under the Indenture (unless such amendment, waiver or modification would not adversely affect the Lenders)Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Venoco, Inc.)

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