Material Amendments of Material Contracts Sample Clauses

Material Amendments of Material Contracts. The Borrower shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, without the prior written consent of the Agent, amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of, any of the Material Contracts, unless such amendment, modification, cancellation or termination would not have a Material Adverse Effect.
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Material Amendments of Material Contracts. Without the prior written consent of Lender (which consent shall not be unreasonably withheld or delayed), no Credit Party shall, or shall permit any of its Subsidiaries to, directly or indirectly, (a) amend or modify any material term of any of the Material Contracts, or permit the amendment or modification of any material term of any of the Material Contracts, or (b) cancel or terminate or permit the cancellation or termination of any of the Material Contracts.
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Material Amendments of Material Contracts. Without the prior written consent of the Agent, amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of any of the Material Contracts, except in the event that such amendments, modifications, cancellations or terminations would not reasonably be expected to have a Material Adverse Effect.
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Material Amendments of Material Contracts. Horizon shall not, directly or indirectly, without the prior written consent of Lender, such consent not to be unreasonably withheld, amend, modify, cancel or terminate any of its material contracts, except where such amendment, modification, cancellation or termination would not have a material adverse effect on Horizon or its assets or business.
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Material Amendments of Material Contracts. No Credit Party shall, or shall permit any of its Subsidiaries to, directly or indirectly, without the prior written consent of the Agent, amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of, any of the Material Contracts if any such action would be adverse to the interests of the Credit Parties, the Agents or the Lenders.
Sample 1
Material Amendments of Material Contracts. The Borrower will not, and will not permit any Subsidiary to, directly or indirectly, without the prior written consent of the Required Lenders, amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of, any of the Material Contracts, except in the event that such amendments or modifications would not have a Material Adverse Effect. Without limiting the generality of the foregoing, the Borrower shall not amend, modify or change, or consent or agree to any amendment, modification or change, to any of the terms of the First Mortgage Notes Indenture, the First Mortgage Notes, the Subordinated Notes, the Existing Debenture Indenture and the Existing Subordinated Debentures (a) if the effect of such amendment, modification or change is to (directly or indirectly) (i) increase the amount of any payment of principal thereof, (ii) increase the interest rate or premium payable thereon, (iii) increase the amount of fees or any other amounts payable with respect thereto, (iv) shorten the scheduled amortization or average weighted life thereof, (v) shorten the date for payment of interest or principal thereon, (vi) shorten the final maturity thereof, (vii) change any subordination provision thereof to the detriment of any holder of the Notes or the Obligation of the Borrower hereunder, or (viii) change any covenant or any event of default or condition to an event of default thereunder, or (b) if such amendment, modification or change would, together with all other amendments, modifications or changes made, increase materially the obligations of the Borrower or confer additional material rights on the holder of the First Mortgage Notes, the Subordinated Intercompany Note or the Existing Subordinated Debentures. Notwithstanding the foregoing, the Borrower may amend, modify, cancel or terminate the Existing Debenture Indenture and/or the Existing Subordinated Debentures in connection with any redemption of the Existing Subordinated Debentures.
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Material Amendments of Material Contracts. No Credit Party shall, or shall permit any of its Subsidiaries to, directly or indirectly, amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of, any of the Material Contracts, except, in the case of any Material Contract with a customer of an Credit Party, (i) to the extent that such amendment, modification, cancellation or termination occurs in the ordinary course of such Credit Party’s business or (ii) in the case of any such cancellation or modification, such cancellation or modification occurs at the request of any party thereto other than any Credit Party.
Sample 1
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Material Amendments of Material Contracts. Except for the Supplemental Indenture pursuant to the Offer to Purchase, the Borrower shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, without the prior written consent of the Majority Lenders, amend, modify, cancel or terminate or permit the amendment, modification, cancellation or termination of, the Indenture, the Senior Subordinated Notes, or any other Material Contract, unless, with respect to such other Material Contracts only, such amendment, modification, cancellation or termination would not have a Material Adverse Effect.
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Related to Material Amendments of Material Contracts

  • Material Contracts Section 3.20

  • Other Material Contracts Company has no lease, contract or commitment of any nature affecting the Business and involving consideration or other expenditure in excess of $100,000.00, or involving performance over a period of more than twelve (12) months, or which is otherwise individually material to the operations of the Business, except for purchase orders taken in the ordinary course of business and except as explicitly described in Schedule 5.11(l) or in any other Schedule of the Disclosure Schedule.

  • Company Material Contracts (a) Section 4.11(a) of the Company Disclosure Letter sets forth, as of the date hereof, a true, correct and complete list of each Contract, to which an Acquired Company is a party or is bound as of the date hereof, and which falls within any of the following categories:

  • Performance of Material Contracts Perform and observe all the terms and provisions of each Material Contract to be performed or observed by it, maintain each such Material Contract in full force and effect, enforce each such Material Contract in accordance with its terms, take all such action to such end as may be from time to time requested by the Administrative Agent and, upon request of the Administrative Agent, make to each other party to each such Material Contract such demands and requests for information and reports or for action as any Loan Party or any of its Subsidiaries is entitled to make under such Material Contract, and cause each of its Subsidiaries to do so, except, in any case, where the failure to do so, either individually or in the aggregate, could not be reasonably likely to have a Material Adverse Effect.

  • Amendment of Material Documents No Loan Party will, nor will it permit any Subsidiary to, amend, modify or waive any of its rights under (a) any agreement relating to any Subordinated Indebtedness, or (b) its charter, articles or certificate of organization or incorporation and bylaws or operating, management or partnership agreement, or other organizational or governing documents, to the extent any such amendment, modification or waiver would be adverse to the Lenders.

  • Notice Regarding Material Contracts Promptly, and in any event within ten Business Days (i) after any Material Contract of Holdings or any of its Subsidiaries is terminated or amended in a manner that is materially adverse to Holdings or such Subsidiary, as the case may be, or (ii) any new Material Contract is entered into, a written statement describing such event, with copies of such material amendments or new contracts, delivered to Administrative Agent (to the extent such delivery is permitted by the terms of any such Material Contract, provided, no such prohibition on delivery shall be effective if it were bargained for by Holdings or its applicable Subsidiary with the intent of avoiding compliance with this Section 5.1(l)), and an explanation of any actions being taken with respect thereto;

  • Compliance with Material Contracts Each Credit Party shall, and shall cause each of its Subsidiaries to, perform and observe all the material terms and provisions of each Material Contract to be performed or observed by it, maintain each such Material Contract in full force and effect, enforce each such Material Contract in accordance with its terms, take all such action to such end as may be from time to time reasonably requested by the Administrative Agent and, upon the reasonable request of the Administrative Agent, make to each other party to each such Material Contract such demands and requests for information and reports or for action as any Credit Party is entitled to make under such Material Contract.

  • Amendments to Material Agreements Such Obligor will not, and will not permit any of its Subsidiaries to, enter into any amendment to or modification of any Material Agreement or terminate any Material Agreement (unless replaced with another agreement that, viewed as a whole, is on better terms for Borrower or such Subsidiary) without in each case the prior written consent of the Lender (which consent shall not be unreasonably withheld or delayed).

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