Common use of Modification of Subordinated Debt Clause in Contracts

Modification of Subordinated Debt. Borrowers (or any of them) shall modify the terms or provisions of any agreement, instrument or other document relating to any Subordinated Debt without Lender’s prior written consent, unless such modification is permitted by the applicable Subordination Agreement;

Appears in 4 contracts

Samples: Credit Agreement (Adcare Health Systems, Inc), Credit Agreement (Prospect Medical Holdings Inc), Credit Agreement (Clarient, Inc)

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Modification of Subordinated Debt. Borrowers (or any of them) Borrower shall modify the terms or provisions of any agreement, instrument or other document relating to any Subordinated Debt without Lender’s prior written consent, unless such modification is permitted by the applicable Subordination Agreement;

Appears in 2 contracts

Samples: Credit Agreement (Enzo Biochem Inc), Credit Agreement (Assisted 4 Living, Inc.)

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