Modifications Requiring Unanimous Lender Agreement Sample Clauses

Modifications Requiring Unanimous Lender Agreement. The following matters will require the unanimous agreement of all of the Lenders: (a) the definition of “Majority Lenders” in Clause 1.1 (Definitions); (b) any extension of the date for payment or any change in the currency of payment of any amount payable to a Lender under the Senior Finance Documents;
Sample 1
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Modifications Requiring Unanimous Lender Agreement. The following matters will require the unanimous agreement of all of the Lenders: (a) the definition of “Majority Lenders” in Clause 1.1 (Definitions); (b) any extension of the date for payment or any change in the currency of payment of any amount payable to a Lender under the Senior Finance Documents; (c) any reduction in the Margin (other than by reason of the operation of Clause 9.7 (Margin Adjustment)) or any reduction in the amount of any payment of principle, interest, fees or commission payable to a Lender under the Senior Finance Documents; (d) any increase in, or extension of, any Commitment or the Total Commitments; (e) any release of an Obligor in circumstances where the security/guarantee coverage test in Clause 19.6 (Security/Guarantee Coverage) would be breached; (f) any provision of any Senior Finance Document which expressly requires the consent of all Lenders; (g) this Clause 33.3 (Modifications Requiring Unanimous Lender Agreement), Clause 3.3 (Rights and Obligations of Finance Parties) and Clause 35 (Governing Law and Submission to Jurisdiction); (h) the right of a Lender to assign or transfer its rights or obligations under the Senior Finance Documents under Clause 32 (Changes to Parties); (i) any reduction in the principal amount outstanding under any Facility or in the amount of any Letter of Credit or Lender Guarantee (except as a result of a repayment or prepayment of cash), for example, by a forgiveness of any amount outstanding under any of the Facilities or the conversion of such amount into equity; or (j) any release of any material part of the Security Interests constituted by the Security Documents other than pursuant to the enforcement of such Security Interests or as required in accordance with the Senior Finance Documents where the security/guarantee coverage test in Clause 19.6 (Security/Guarantee Coverage) would be breached.
Sample 1

Related to Modifications Requiring Unanimous Lender Agreement

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to this Sub-Advisory Agreement This Sub-Advisory Agreement may be amended only by a written instrument approved in writing by all parties hereto.

  • Acceptable Modifications This Guaranty shall be binding upon the Guarantor and upon its successors and assigns and shall inure to the benefit of and be enforceable by the Guaranteed Party and their successors and assigns; provided, however, that the Guarantor may not assign or transfer any of its rights or obligations hereunder without the prior written consent of the Guaranteed Party. The assignment rights of the Guaranteed Party will be in accordance with any applicable terms of the Agreement. Any assignment in violation of this Section 8 shall be void and of no effect.

  • Amendment, Modification and Supplement Upon amendment, modification and supplement of this Contract shall be subject to the written agreement executed by each party.

  • Modifications; Amendments; Waivers The terms and provisions of this Agreement may not be modified or amended, nor may any provision be waived, except pursuant to a writing signed by the Corporation and the holders of at least a majority of the Registrable Shares then outstanding.

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.

  • Amendments, Modifications, etc This Agreement may not be amended or modified except by an agreement in writing executed by Exchangeco, Patch and the Trustee and approved by the Shareholders in accordance with section 11.2 of the Exchangeable Share Provisions.

  • Modification; Amendment This Agreement may not be modified or amended except pursuant to an instrument in writing signed by the Company and each of the Purchasers.

  • Modifications; Amendment This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Noteholder. Additionally, for as long as any Note is contained in a Securitization Trust, the Noteholders shall not amend or modify this Agreement without first receiving a Rating Agency Confirmation; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Servicing Agreement, (ii) entered into pursuant to Section 32 of this Agreement or (iii) to correct or supplement any provision herein that may be defective or inconsistent with any other provisions of this Agreement.

  • Amendment; Modification No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing and signed by both Parties.

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