Modification of Certain Agreements. No Loan Party will, and will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of their Organizational Documents or any material agreement to which it is a party, other than any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.
Appears in 2 contracts
Samples: Credit Agreement (Wayfair Inc.), Credit Agreement (Wayfair Inc.)
Modification of Certain Agreements. No Loan Party will, and or Subsidiary of any Loan Party will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of the terms or provisions contained in, or applicable to, any of their Organizational Documents or any material agreement to Material Agreement, which it is a party, other than in any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.case:
Appears in 2 contracts
Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)
Modification of Certain Agreements. No Loan Party will, and will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of, or enter into any forbearance from exercising any rights with respect to the terms or provisions contained in any (i) Organic Documents of any of their Organizational Documents Loan Party, or any material agreement to which it is a party, other than any amendments, supplements, waivers or other modifications that do not materially and adversely affect (aii) the Administrative Agent’s or the Lenders’ interests Material Contracts (as defined in the Collateral Merger Agreement), in each case, if the result would have an adverse effect on the rights or (b) the likelihood of payment remedies of the Loans under the Loan DocumentsLender.
Appears in 2 contracts
Samples: Credit Agreement and Guaranty (Alliqua BioMedical, Inc.), Credit Agreement and Guaranty (Alliqua BioMedical, Inc.)
Modification of Certain Agreements. No The Loan Party willParties will not, and will not permit any of its their Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of the terms or provisions contained in, or applicable to, any of their Organizational Documents or any material agreement to which it is a party, other than party which in any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.case:
Appears in 2 contracts
Samples: Credit Agreement (GrubHub Inc.), Credit Agreement (GrubHub Inc.)
Modification of Certain Agreements. No None of the Loan Party will, and Parties will not permit any of its Subsidiaries to, consent to or implement any termination, amendment, supplementmodification, supplement or waiver or other modification of any of their Organizational Documents or any material agreement to which it is a party, other than any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s certificate of incorporation, articles of incorporation, certificate of formation, certificate of organization, partnership agreement, regulations, bylaws or the Lenders’ interests in the Collateral or (b) the likelihood other constitutional documents of payment of the Loans under the any Loan Documents.Party,
Appears in 2 contracts
Samples: Credit Agreement (Alamosa PCS Holdings Inc), Credit Agreement (Alamosa PCS Holdings Inc)
Modification of Certain Agreements. No Loan Party will, and will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of, or enter into any forbearance from exercising any rights with respect to the terms or provisions contained in any Organic Documents of any of their Organizational Documents Loan Party, if the result would have a material adverse effect on the rights or any material agreement to which it is a party, other than any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment remedies of the Loans under the Loan DocumentsLender.
Appears in 2 contracts
Samples: Credit Agreement and Guaranty (VBI Vaccines Inc/Bc), Credit Agreement and Guaranty (Paulson Capital (Delaware) Corp.)
Modification of Certain Agreements. No Loan Party will, and or Subsidiary of any Loan Party will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of the terms or provisions contained in, or applicable to, any of their Organizational Documents Documents, the LTIP Plan or any material agreement to Material Agreement, which it is a party, other than in any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.case:
Appears in 1 contract
Modification of Certain Agreements. No The Loan Party willParties will not, and will not permit any of its their Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of the terms or provisions contained in, or applicable to, any of their Organizational Documents or any material agreement to which it is a party, other than party which in any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.case:
Appears in 1 contract
Samples: Credit Agreement (GrubHub Inc.)
Modification of Certain Agreements. No (a) Subject to clause (b) and other applicable terms, no Loan Party will, and or Subsidiary of any Loan Party will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of the terms or provisions contained in, or applicable to, any of their Organizational Documents Documents, any Transaction Document or any material agreement to Material Agreement which it is a party, other than in any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.case:
Appears in 1 contract
Modification of Certain Agreements. No (a) Subject to clause (b) of this Section 7.2.10 and other applicable terms, no Loan Party will, and or Subsidiary of any Loan Party will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of the terms or provisions contained in, or applicable to, any of their Organizational Documents Documents, any Transaction Document or any material agreement to Material Agreement which it is a party, other than in any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.case:
Appears in 1 contract
Modification of Certain Agreements. No Loan Party will, and or Subsidiary of any Loan Party will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of any of the terms or provisions contained in, or applicable to, any of their Organizational Documents Documents, the Borrower’s LTI Plan or any material agreement to Material Agreement, which it is a party, other than in any amendments, supplements, waivers or other modifications that do not materially and adversely affect (a) the Administrative Agent’s or the Lenders’ interests in the Collateral or (b) the likelihood of payment of the Loans under the Loan Documents.case:
Appears in 1 contract