Common use of Modification of Certain Documents Clause in Contracts

Modification of Certain Documents. (a) The Borrower will not, and will not permit any of its Subsidiaries to, waive or otherwise modify any term of any Constituent Document of, or otherwise change the capital structure of, the Borrower or any of its Subsidiaries (including the terms of any of their outstanding Equity Interests or Equity Equivalents) in a manner that could reasonably be expected to be adverse to any U.S. Secured Party; (b) waive or otherwise modify any term of any International Loan Documents except in accordance with the Intercreditor Agreement; or (c) waive or otherwise modify any term of any Contractual Obligation in any manner that could reasonably be expected to be materially adverse to any U.S. Secured Party.

Appears in 3 contracts

Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)

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Modification of Certain Documents. (a) The Borrower Parent will not, and will not permit any of its Subsidiaries to, waive or otherwise modify any term of any Constituent Document of, or otherwise change the capital structure of, the Borrower Parent or any of its Subsidiaries (including the terms of any of their outstanding Equity Interests or Equity Equivalents) in a manner that could reasonably be expected to be adverse to any U.S. International Secured Party; (b) waive or otherwise modify any term of any International U.S. Loan Documents except in accordance with the Intercreditor Agreement; or (c) waive or otherwise modify any term of any Contractual Obligation in any manner that could reasonably be expected to be materially adverse to any U.S. International Secured Party.

Appears in 2 contracts

Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)

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