Common use of Modification of Related Documents Clause in Contracts

Modification of Related Documents. The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, alter, rescind, terminate, amend, supplement, waive or otherwise modify any provision of any Related Document (except for modifications that do not materially and adversely affect the rights and privileges of the Borrower or any Subsidiary of the Borrower under such Related Document and that do not materially and adversely affect the interests of the Secured Parties under the Loan Documents or in the Collateral).

Appears in 6 contracts

Samples: Credit Agreement (Knology Inc), Credit Agreement (Knology Inc), Credit Agreement (Knology Inc)

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Modification of Related Documents. The Borrower shall will not, nor shall it and will not permit any Subsidiary of its Subsidiaries to, (a) without the prior written consent of the Borrower toAdministrative Agent, alter, rescind, terminate, amend, supplement, refinance, refund, waive or otherwise modify any provision of any Related Document or (except for modifications that b) if to do not materially and adversely affect the rights and privileges of the Borrower so would have a Material Adverse Effect, permit any breach or default to exist under any Subsidiary of the Borrower under such Related Document and that do not materially and adversely affect the interests of the Secured Parties under the Loan Documents or in the Collateral)take or fail to take any action thereunder.

Appears in 1 contract

Samples: Credit Agreement (National Steel Corp)

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Modification of Related Documents. The Neither Holdings nor the Borrower shall, and neither shall not, nor shall it permit any Subsidiary of the Borrower its Subsidiaries to, (a) alter, rescind, terminate, amend, supplement, waive or otherwise modify any provision of any Related Document (except for modifications that do not materially and adversely affect the rights and privileges of Holdings, the Borrower or any Subsidiary of the Borrower their respective Subsidiaries under such Related Document and that do not materially and adversely affect the interests of the Secured Parties under the Loan Documents or in the Collateral).) or

Appears in 1 contract

Samples: Credit Agreement (Aviall Inc)

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