Common use of Modification of Debt Agreements Clause in Contracts

Modification of Debt Agreements. Neither Group nor the Borrower shall, nor shall they permit any of their respective Subsidiaries to, change or amend the terms of the Senior Note Documents (or any indenture, agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunder, (d) change the subordination provisions, if any, of such Indebtedness, (e) change the redemption or prepayment provisions of such Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any term (including any covenant) if such change or amendment would increase the obligations of the obligor or confer additional rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco Entity, the Facility Agents or any Lender.

Modification of Debt Agreements. Neither Group nor the Borrower shallThe Company shall not, nor shall they it permit any of their respective its Subsidiaries to, change or amend the terms of any of the Senior Subordinated Note Documents Indentures, or any other subordinated notes or other subordinated debt securities (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderIndebtedness, (d) change the subordination provisions, if any, provisions of such Indebtedness, (e) change the redemption or prepayment provisions of such Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would increase the obligations of the obligor or confer additional rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco Entity, the Facility Agents interests of the Secured Parties under the Loan Documents or any Lenderin the Collateral.

Modification of Debt Agreements. Neither Group nor None of the Borrower Borrowers shall, nor shall they permit any of their respective Subsidiaries to, change or amend the terms of the Senior Note Documents any Related Document evidencing Indebtedness or 104 any Subordinated Debt or any Permitted Refinancing thereof (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderIndebtedness, (d) change the subordination provisions, if any, provisions of such IndebtednessIndebtedness if such Indebtedness is Subordinated Debt in an manner adverse to the Lenders, (e) change the redemption or prepayment provisions of such Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco EntityBorrower, any Subsidiary of such Borrower, the Facility Agents Administrative Agent or any Lender.

Modification of Debt Agreements. Neither Group nor Except as to any Excluded Foreign Subsidiary, neither the Borrower shall, nor shall they permit any of their respective its Subsidiaries to, shall change or amend the terms of any agreement or instrument governing or evidencing any Indebtedness (other than the Senior Note Documents Second Lien Secured Obligations), the outstanding principal amount of which exceeds $1,000,000 (or any indenture, indenture or agreement or other material document entered into in connection therewith) ), if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderIndebtedness, (d) change the subordination provisions, if any, provisions of such Indebtedness, (e) change the redemption or prepayment provisions of such Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco Entity, the Facility Agents or any LenderSecured Parties.

Modification of Debt Agreements. Neither Group nor the The Borrower shallshall not, nor and shall they not permit any of their respective its Subsidiaries to, change or amend the terms of the Senior Note Documents any Subordinated Debt (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such IndebtednessSubordinated Debt, (b) change the dates upon which payments of principal or interest are due on such Indebtedness Subordinated Debt other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default CREDIT AGREEMENT CONSTAR INTERNATIONAL INC. provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderSubordinated Debt, (d) change the subordination provisions, if any, provisions of such IndebtednessSubordinated Debt, (e) change the redemption or prepayment provisions of such Indebtedness Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security Subordinated Debt in a manner materially adverse to the Borrower, any Warnaco EntitySubsidiary of the Borrower, the Facility Agents Administrative Agent or any Lender.

Modification of Debt Agreements. Neither Group nor the Borrower No Loan Party shall, nor shall they it permit any of their respective its Subsidiaries to, change or amend the terms of the Senior Note Documents any Subordinated Debt (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such IndebtednessSubordinated Debt, (b) change the dates upon which payments of principal or interest are due on such Indebtedness Subordinated Debt other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderSubordinated Debt, (d) change the subordination provisions, if any, provisions of such IndebtednessSubordinated Debt in a manner materially adverse to the Lenders in their sole discretion, (e) change the redemption or prepayment provisions of such Indebtedness Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security Subordinated Debt in a manner materially adverse to the Borrower, any Warnaco EntitySubsidiary of the Borrower, the Facility Agents Administrative Agent or any Lender.

Modification of Debt Agreements. Neither Group nor the The Borrower shallshall not, nor shall they it permit any of their respective its Subsidiaries to, change or amend the terms of the Senior Note Documents any Subordinated Debt (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase 95 Amended and Restated Credit Agreement U.S. Concrete, Inc. the interest rate payable in cash on such IndebtednessSubordinated Debt, (b) change the dates upon which payments of principal or interest are due on such Indebtedness Subordinated Debt other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderSubordinated Debt, (d) change the subordination provisions, if any, provisions of such IndebtednessSubordinated Debt, (e) change the redemption or prepayment provisions of such Indebtedness Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security Subordinated Debt in a manner materially adverse to the Borrower, any Warnaco EntitySubsidiary of the Borrower, the Facility Agents Administrative Agent or any Lender.

Modification of Debt Agreements. Neither Group nor the The Borrower shallshall not, nor shall they it permit any of their respective its Subsidiaries to, change or amend the terms of the Senior Note Documents any Subordinated Debt (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such IndebtednessSubordinated Debt, (b) change the dates upon which payments of principal or interest are due on such Indebtedness Subordinated Debt other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderSubordinated Debt, (d) change the subordination provisions, if any, provisions of such IndebtednessSubordinated Debt, (e) change the redemption or prepayment provisions of such Indebtedness Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security Subordinated Debt in a manner materially adverse to the Borrower, any Warnaco EntitySubsidiary of the Borrower, the Facility Agents Administrative Agent or any Lender.

Modification of Debt Agreements. Neither Group nor Except as to any Excluded Foreign Subsidiary, neither the Borrower shall, nor shall they permit any of their respective its Subsidiaries to, shall change or amend the terms of any agreement or instrument governing or evidencing any Indebtedness (other than the Senior Note Documents First Lien Secured Obligations), the outstanding principal amount of which exceeds $1,000,000 (or any indenture, indenture or agreement or other material document entered into in connection therewith) ), if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderIndebtedness, (d) change the subordination provisions, if any, provisions of such Indebtedness, (e) change the redemption or prepayment provisions of such Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco Entity, the Facility Agents or any LenderSecured Parties.

Modification of Debt Agreements. Neither Group nor the Borrower shall, nor shall they permit any of their respective Subsidiaries to, change or amend the terms of the Senior Second Lien Note Documents or Take-Out Securities Documents (to the extent the Take-Out Securities constitute Indebtedness), if any, (or any indenture, agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunder, (d) change the subordination provisions, if any, of such Indebtedness, (e) change the redemption or prepayment provisions of such Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any term (including any covenant) if such change or amendment would increase the obligations of the obligor or confer additional rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco Entity, the Facility Agents Administrative Agent or any Lender.

Modification of Debt Agreements. Neither Group nor the The Borrower shallshall not, nor and shall they not permit any of their respective its Subsidiaries to, change or amend the terms of the Senior Note Documents any Subordinated Debt (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such IndebtednessSubordinated Debt, (b) change the dates upon which payments of principal or interest are due on such Indebtedness Subordinated Debt other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderSubordinated Debt, (d) change the subordination provisions, if any, provisions of such IndebtednessSubordinated Debt, (e) change the redemption or prepayment provisions of such Indebtedness Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security Subordinated Debt in a manner materially adverse to the Borrower, any Warnaco EntitySubsidiary of the Borrower, the Facility Agents Administrative Agent or any Lender.

Modification of Debt Agreements. Neither Group nor the The Borrower shallshall not, nor and shall they not permit any of their respective its Subsidiaries to, change or amend the terms of the Senior Note Documents any Subordinated Debt (or any indenture, indenture or agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such IndebtednessSubordinated Debt, (b) change the dates upon which payments of principal or interest are due on such Indebtedness Subordinated Debt other than to extend such dates, (c) change any default or event of default default, other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderSubordinated Debt, (d) change the subordination provisions, if any, provisions of such IndebtednessSubordinated Debt, (e) change the redemption or prepayment provisions of such Indebtedness Subordinated Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security Subordinated Debt in a manner materially adverse to any Warnaco Entity, the Facility Agents or any LenderSecured Parties.

Modification of Debt Agreements. Neither Group nor Except as to any Excluded Foreign Subsidiary, neither the Borrower shall, nor shall they permit any of their respective its Subsidiaries to, shall change or amend the terms of any agreement or instrument governing or evidencing any Indebtedness (other than the Senior Note Documents First Lien Secured Obligations), the outstanding principal amount of which exceeds $1,000,000 (or any indenture, indenture or agreement or other material document entered into in connection therewith) ), if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunderIndebtedness, (d) change the subordination provisions, if any, provisions of such Indebtedness, (e) change the redemption or prepayment provisions of such Indebtedness other SECOND LIEN CREDIT AGREEMENT TECUMSEH PRODUCTS COMPANY than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any other term (including any covenant) if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco Entity, the Facility Agents or any LenderSecured Parties.