Common use of Modification of Indebtedness Clause in Contracts

Modification of Indebtedness. Amend, modify or change in any manner any term or condition of any Indebtedness set forth in Schedule 7.03, except for any refinancing, refunding, renewal or extension thereof permitted by Section 7.03(c), if doing so would materially impair the value of the interest or rights of any Loan Party under such Indebtedness or would impair the rights or interests of the Administrative Agent or any Lender.

Appears in 3 contracts

Samples: Credit Agreement (Wiley John & Sons, Inc.), Credit Agreement (Wiley John & Sons, Inc.), Credit Agreement (Wiley John & Sons, Inc.)

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Modification of Indebtedness. Amend, modify or change in any manner any term or condition of any Indebtedness set forth in Schedule 7.037.02, except for any refinancing, refunding, renewal or extension thereof permitted by Section 7.03(c7.02(e), if doing so would materially impair the value of the interest or rights of any Loan Party under such Indebtedness or would impair the rights or interests of the Administrative Agent or any Lender.

Appears in 1 contract

Samples: Credit Agreement (FreightCar America, Inc.)

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