Common use of Modification of Terms of Junior Indebtedness Clause in Contracts

Modification of Terms of Junior Indebtedness. The Borrower shall not, nor shall the Borrower permit any Restricted Subsidiary to, amend, modify or change in any manner any term or condition of any Junior Indebtedness that is required pursuant to this Agreement to mature on or after the Original Term Loan Maturity Date and that has an aggregate outstanding principal amount in excess of the greater of (i) $6.0 million and (ii) 12.5% of the Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for the most recently ended Test Period (calculated on a pro forma basis) that would cause such Junior Indebtedness to mature earlier than the Original Term Loan Maturity Date or to have a Weighted Average Life to Maturity shorter than the remaining Weighted Average Life to Maturity of the Closing Date Term Loans, without the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed).

Modification of Terms of Junior Indebtedness. The Borrower shall not, nor shall the Borrower permit any Restricted Subsidiary to, amend, modify or change in any manner any term or condition of any Junior Indebtedness that is required pursuant to this Agreement to mature on or after the Original Term Loan Maturity Date and that has an aggregate outstanding principal amount in excess of the greater of (i) $6.0 million and (ii) 12.5% of the Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for the most recently ended Test Period (calculated on a pro forma basis) that would cause such Junior Indebtedness to mature earlier than the Original Term Loan Maturity Date or to have a Weighted Average Life to Maturity shorter than the remaining Weighted Average Life to Maturity of the Closing Date Term Loans or the, 2022 Incremental Term Loans and the C2 Incremental Term Loans, without the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed).

Modification of Terms of Junior Indebtedness. The Borrower shall not, nor shall the Borrower permit any Restricted Subsidiary to, amend, modify or change in any manner any term or condition of any Junior Indebtedness that is required pursuant to this Agreement to mature on or after the Original Term Loan Maturity Date and that has an aggregate outstanding principal amount in excess of the greater of (i) $6.0 million and (ii) 12.5% of the Consolidated EBITDA of the Borrower and the Restricted Subsidiaries for the most recently ended Test Period (calculated on a pro forma basis) that would cause such Junior Indebtedness to mature earlier than the Original Term Loan Maturity Date or to have a Weighted Average Life to Maturity shorter than the remaining Weighted Average Life to Maturity of the Closing Date Term Loans or the 2022 Incremental Term Loans, without the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed).