Modifications of Certain Agreements Sample Clauses

Modifications of Certain Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, amend, modify, waive or otherwise change or consent to or agree to any amendment, modification, waiver or other change to any of its organizational documents, including the Partnership Agreement, unless such amendment, modification, waiver or change could not reasonably be expected to have an adverse impact on the Lender.
AutoNDA by SimpleDocs
Modifications of Certain Agreements. No Borrower will, or will permit any Subsidiary to, directly or indirectly, amend or otherwise modify any Material Contract, which amendment or modification in any case: (a) is contrary to the terms of this Agreement or any other Loan Document; (b) could reasonably be expected to be adverse to the rights, interests or privileges of the Lender or their ability to enforce the same; (c) results in the imposition or expansion in any material respect of any obligation of or restriction or burden on any Borrower or any Subsidiary; or (d) reduces in any material respect any rights or benefits of any Borrower or any Subsidiaries (it being understood and agreed that any such determination shall be in the discretion of the Lender). Each Borrower shall, prior to entering into any amendment or other modification of any of the foregoing documents, deliver to Lender reasonably in advance of the execution thereof, any final or execution form copy of amendments or other modifications to such documents, and such Borrower agrees not to take, nor permit any of its Subsidiaries to take, any such action with respect to any such documents without obtaining such approval from Lender.
Modifications of Certain Agreements. The Borrower will not, and will not permit any of the Restricted Subsidiaries to, amend, modify, change or waive, or permit the amendment, modification or changing of, any terms of (a) any Permitted External Refinancing Debt or any Permitted Refinancing thereof, if, after giving effect to such amendment, modification, change or waiver, such Indebtedness would not constitute Permitted External Refinancing Debt or (b) subject to subclause (vii) of this Section 6.10, the Second Lien Senior Subordinated PIK Toggle Notes Documents or any respective Permitted Refinancing thereof if such amendment, modification, change or waiver (i) could reasonably be expected to materially increase the obligations of the obligors thereunder, (ii) confers any additional material rights on the holders thereof or any Permitted Refinancing thereof, (iii) decreases the Weighted Average Life to Maturity or shortens the maturity date applicable thereto, (iv) requires additional prepayments with respect to any event, (v) results in any subordination provisions thereof being less favorable in any respect to the Lenders, including, without limitation, Articles 10 and 12 of the Second Lien Senior Subordinated PIK Toggle Notes Indenture, (vi) results in an increase in the All-in Yield (payable in cash only) on the Second Lien Senior Subordinated PIK Toggle Notes in effect on the date hereof or (vii) results in an increase in excess of 2.00% per annum on the rate of interest paid-in-kind on the Second Lien Senior Subordinated PIK Toggle Notes in effect on the date hereof, in each case, the payment of which is not otherwise permitted hereunder, in each case other than in connection with a Permitted Refinancing thereof.
Modifications of Certain Agreements. MCC and the Borrower will not consent to any modification, supplement or waiver of any of the provisions of the Tax Consolidation Agreements or any lease agreement entered into pursuant to Section 6.01(c)(vii) or, following the issuance thereof, any of the provisions of any instrument evidencing or governing the 2003 Senior Subordinated Notes or any Permitted Indebtedness, without in each case the prior written consent of the Administrative Agent (with the approval of the Required Lenders).
Modifications of Certain Agreements. The U.S. Borrower will not, and will not permit any of its Subsidiaries to amend or modify, or permit the amendment or modification of, any provision of any Senior Notes Document in a manner materially adverse to the interests of the Lenders (in their capacity as Lenders).
Modifications of Certain Agreements. (a) Each reference in clause (i) of Section 7.8(c) to “Borrower’s Consolidated EBITDA” or “Borrower’s total Consolidated EBITDA” is hereby amended to read “Parent’s Consolidated EBITDA” or “Parent’s total Consolidated EBITDA”, respectively. (b) Clause (ii) of Section 7.8(c) of the Existing Credit Agreement is hereby amended to read as follows:
Modifications of Certain Agreements. (a) [Reserved]. (b) The Company shall not, and shall not permit any of its Subsidiaries to, amend, modify, waive or otherwise change, or consent or agree to any amendment, modification, waiver or other change to, (i) the Senior Notes Documents or the documents or instruments governing or evidencing any Indebtedness that is subordinated in right of payment to the Loans in any manner adverse in any material respect to the Credit Parties or (ii) the documents or instruments governing or evidencing any other Indebtedness or Capital Stock if such Indebtedness or Capital Stock as such documents or instruments are so amended, modified, waived or otherwise changed would not have been permitted to be incurred or issued under this Agreement. (c) The Company shall not, and shall not permit any of its Subsidiaries to, amend or modify its respective Organization Documents, other than any amendments or modifications which could not reasonably be expected to have a material adverse effect to the interests of the Lenders.
AutoNDA by SimpleDocs
Modifications of Certain Agreements. Amend, modify, waive or otherwise change, or consent or agree to any amendment, modification, waiver or other change to any of the terms of any Gathering Document if after giving pro forma effect to such amendment, modification, waiver or change, the Borrower would not be in pro forma compliance with all of the covenants set forth in Section 7.1.
Modifications of Certain Agreements. The Borrower will not, and will not permit any of its Subsidiaries to: (i) amend, modify, change or waive any term or provision of any MSR Document, any Non-Recourse Servicer Advance Document or any Short-Term Warehouse Document, unless any such amendment, modification, change or waiver could not reasonably be expected to be adverse to the interests of the Lenders in any material respect or be more restrictive in any material respect on the Borrower or any of its Subsidiaries (without regard to pricing, advance rates, maturity, fees or other economic terms of such document); or (ii) amend, modify, change or waive any term or provision of any Second Lien Credit Document (except in connection with any Permitted Refinancing thereof) unless such amendment, modification, change or waiver is permitted by the Intercreditor Agreement.
Modifications of Certain Agreements. The Borrower shall not, and shall not permit any Subsidiary to, consent to any amendment, supplement, waiver or other modification of, or enter into any forbearance from exercising any rights with respect to the terms or provisions contained in any of the Senior Loan Documents, other than any amendment, supplement, waiver or modification to the extent permitted by the Intercreditor Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!