Common use of Modification of Debt Agreements Clause in Contracts

Modification of Debt Agreements. Amend, modify or change in any manner materially adverse to the interest of the Lenders any term or condition of (i) any Material Indebtedness (other than as a result of a Permitted Refinancing thereof and in any event excluding the First Lien Term Facility, the Second Lien Term Facility and any Permitted Refinancing thereof and any Indebtedness hereunder) without the consent of the Administrative Agent (not to be unreasonably withheld or delayed) or (ii) the First Lien Term Facility, the Second Lien Term Facility or any refinancing Indebtedness in respect thereof that would (A) shorten the maturity date of the First Lien Term Facility, the Second Lien Term Facility or such refinancing Indebtedness (as the case may be) to a date which is prior to ninety-one (91) days after the Latest Maturity Date or (B) shorten the date scheduled for any principal payment or increase the amount of any required principal payment, the result of which would be to require principal payments on account thereof in excess of the amounts previously required over the twenty-four (24) months following such amendment, modification or waiver.

Appears in 3 contracts

Samples: Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

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Modification of Debt Agreements. Amend, modify or change in any manner (i) materially adverse to the interest of the Lenders any term or condition of (i) any Material Indebtedness (other than as a result of a Permitted Refinancing thereof and in any event excluding the First Lien Term Facility, the Second Lien Term Facility Senior NotesFacilities and any Permitted Refinancing thereof and any Indebtedness hereunder) without the consent of the Administrative Agent (not to be unreasonably withheld withheld, conditioned or delayed) or (ii) with respect to the First Lien Term Facility, the Second Lien Term Facility Documentation or the Senior Notes or any refinancing Indebtedness in respect amendment to any Permitted Refinancing thereof to the extent that such amendment, modification or change would (A) shorten the maturity date of the First Lien Term Facility, the Second Lien theany Term Facility or the Senior Notes, or such refinancing Indebtedness (as the case may be) to a date which is prior to ninety-one (91) days after the Latest Maturity Date or Date, (B) shorten the date scheduled for any principal payment or increase the amount of any required principal paymentpayment[reserved], or (C) violate the result of which would be to require principal payments on account thereof in excess of the amounts previously required over the twenty-four (24) months following such amendment, modification or waiverIntercreditor Agreement.

Appears in 1 contract

Samples: Credit Agreement (JOANN Inc.)

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Modification of Debt Agreements. Amend, modify or change in any manner (i) materially adverse to the interest of the Lenders any term or condition of (i) any Material Indebtedness (other than as a result of a Permitted Refinancing thereof and in any event excluding the First Lien Term Facility, the Second Lien Term Facility Senior Notes and any Permitted Refinancing thereof and any Indebtedness hereunder) without the consent of the Administrative Agent (not to be unreasonably withheld withheld, conditioned or delayed) or (ii) with respect to the First Lien Term Facility, the Second Lien Term Facility Documentation or the Senior Notes or any refinancing Indebtedness in respect amendment to any Permitted Refinancing thereof to the extent that such amendment, modification or change would (A) shorten the maturity date of the First Lien Term Facility, the Second Lien Term Facility or the Senior Notes, or such refinancing Indebtedness (as the case may be) to a date which is prior to ninety-one (91) days after the Latest Maturity Date or Date, (B) shorten the date scheduled for any principal payment or increase the amount of any required principal payment, or (C) violate the result of which would be to require principal payments on account thereof in excess of the amounts previously required over the twenty-four (24) months following such amendment, modification or waiverIntercreditor Agreement.

Appears in 1 contract

Samples: Intercreditor Agreement (JOANN Inc.)

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