MODIFICATIONS TO CERTAIN MATERIAL DOCUMENTS Sample Clauses
The "Modifications to Certain Material Documents" clause defines the rules and procedures for making changes to key agreements or documents that are critical to a transaction or ongoing relationship. Typically, this clause specifies which documents are considered material, outlines who must consent to any amendments, and may require prior written approval from certain parties before modifications can take effect. For example, it might prevent a borrower from altering important loan documents without the lender’s consent. The core function of this clause is to maintain control and oversight over significant contractual changes, thereby protecting the interests of parties who rely on the original terms of these essential documents.
MODIFICATIONS TO CERTAIN MATERIAL DOCUMENTS. Without the prior written consent of the Required Lenders, the Companies shall not permit any amendment, restatement, waiver or other modification, in a manner adverse to any Company, Agent or any Lender, of any of the (a) BRJ Acquisition Documents, (b) the Seller Subordinated Debt Documents unless permitted under the terms of the Seller Subordination Agreement, (c) Senior Subordinated Debt Documents unless permitted under the terms of the Senior Subordination Agreement or otherwise permitted under this Agreement, or (d) the Management Agreement.
MODIFICATIONS TO CERTAIN MATERIAL DOCUMENTS. Without the prior written consent of the Required Lenders, the Companies shall not permit any amendment, restatement, waiver or other modification of any of the Southwest Acquisition Documents or any of the Excell Acquisition Documents.
16. Section 7.22 of the Credit Agreement is hereby amended to delete the last sentence therefrom in its entirety and to insert in place thereof the following: The representations and warranties made by the Credit Parties in the Southwest Acquisition Documents, the Excell Acquisition Documents and in any other agreements, instruments or certificates delivered pursuant thereto, are true and correct in all material respects (except where any such representation and warranty is stated as being true only as of a specific date, in which case such representation and warranty was true and correct in all material respects on such date).
17. The Credit Agreement is hereby amended to delete Section 8.5 therefrom in its entirety and to insert in place thereof the following:
MODIFICATIONS TO CERTAIN MATERIAL DOCUMENTS. Without the prior written consent of the Required Lenders, the Companies shall not permit any amendment, restatement, waiver or other modification of any of the Southwest Acquisition Documents.
14. Section 7.22 of the Credit Agreement is hereby amended to insert a new sentence thereto at the end thereof: The representations and warranties made by the Credit Parties in the Southwest Acquisition Documents, and in any other agreements, instruments or certificates delivered pursuant thereto, are true and correct in all material respects (except where any such representation and warranty is stated as being true only as of a specific date, in which case such representation and warranty was true and correct in all material respects on such date).
15. The Credit Agreement is hereby amended to delete Section 8.5 therefrom in its entirety and to insert in place thereof the following:
MODIFICATIONS TO CERTAIN MATERIAL DOCUMENTS. Without the prior written consent of the Required Lenders, the Companies shall not permit any amendment, restatement, waiver or other modification of any of the Southwest Acquisition Documents or any of the Excell Acquisition Documents.