Common use of General Amendments Clause in Contracts

General Amendments. Without the consent of the Exchange Noteholders, the parties may amend this Agreement or any Exchange Note Supplement: (i) to correct or expand the description of property subject to the Lien of this Agreement, or better to assure, convey and confirm to the Collateral Agent property subject or required to be subjected to the Lien of this Agreement, or to subject additional property to the Lien of this Agreement; (ii) to evidence the succession of any other Person to a Borrower, and the assumption by the successor of the obligations of the Borrower in this Agreement, the Exchange Note Supplements and in the Exchange Notes; (iii) to add to the covenants of the Borrowers, for the benefit of the Lender and the Exchange Noteholders, or to surrender a right or power given to the Borrowers in this Agreement and the Exchange Note Supplements; (iv) to transfer, assign, mortgage or pledge property to or with the Collateral Agent; (v) to clarify an ambiguity, correct an error or correct or supplement any term in this Agreement or an Exchange Note Supplement inconsistent with another term in this Agreement or the Exchange Note Supplement or to add provisions which are not inconsistent with the provisions of this Agreement or an Exchange Note Supplement if the action does not have a material adverse effect on the interests of the Exchange Noteholders; or (vi) to evidence the acceptance of the appointment under this Agreement of a successor Collateral Agent or Administrative Agent.

Appears in 5 contracts

Samples: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)

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General Amendments. Without the consent of the Exchange Noteholders, the parties may amend this Agreement or any Exchange Note Supplement: (i) to correct or expand the description of property subject to the Lien of this Agreement, or better to assure, convey and confirm to the Collateral Agent property subject or required to be subjected to the Lien of this Agreement, or to subject additional property to the Lien of this Agreement; (ii) to evidence the succession of any other Person to a Borrower, and the assumption by the successor of the obligations of the Borrower in this Agreement, the Exchange Note Supplements and in the Exchange Notes; (iii) to add to the covenants of the Borrowers, for the benefit of the Lender and the Exchange Noteholders, or to surrender a right or power given to the Borrowers in this Agreement and the Exchange Note Supplements; (iv) to transfer, assign, mortgage or pledge property to or with the Collateral Agent; (v) to clarify an ambiguity, correct an error or correct or supplement any term in this Agreement or an Exchange Note Supplement inconsistent with another term in this Agreement or the Exchange Note Supplement or to add provisions which are not inconsistent with the provisions of this Agreement or an Exchange Note Supplement if the action does not have a material adverse effect on the interests of the Exchange Noteholders; or (vi) to evidence the acceptance of the appointment under this Agreement of a successor Collateral Cxxxxxxxxx Agent or Administrative Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (CAB East LLC)

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