Common use of Modifications to Documents Clause in Contracts

Modifications to Documents. The Collateral Agent, and each of the Trustees, on behalf of itself and the Holders, hereby agrees that, without affecting the obligations hereunder of the Collateral Agent, the Trustees or the Holders, the Banks may, at any time and from time to time, in their sole discretion without the consent of or notice to the Collateral Agent, the Trustees or any Holder, and without incurring any liability to the Trustees or any Holder or impairing or releasing the Lien priority and Lien subordination provided for herein, amend, restate, supplement, terminate (in whole or in part) or otherwise modify the Bank Credit Facility in any manner whatsoever (but subject to the proviso contained in the definition herein of the term "Bank Credit Facility Obligations"), including to: (a) rescind in whole or in part any demand for payment of any Bank Credit Facility Obligation made by the Banks or to continue any Bank Credit Facility Obligation, (b) change the manner, place or terms of payment or extend the time of payment of or renew or alter all or any of the Bank Credit Facility Obligations or otherwise amend, restate, supplement, compromise or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the Bank Credit Facility Obligations or the Bank Credit Facility, (c) retain or obtain a Lien on any property to secure any of the Bank Credit Facility Obligations and in that connection to enter into any additional agreements with the Company or any of its Subsidiaries, (d) amend, or grant any waiver, compromise or release with respect to, or consent to any departure from, any guaranty or other obligation of any Person obligated in any manner under the Bank Credit Facility or in respect of the Bank Credit Facility Obligations, (e) release their Lien on any property of the Company or any of its Subsidiaries, or sell, exchange, or surrender any such property at any time held as collateral security, (f) exercise or refrain from exercising any rights against the Company or any other Person, including to declare any of the Bank Credit Facility Obligations to be due and payable, (g) retain or obtain the primary or secondary obligation of any other Person with respect to any of the Bank Credit Facility Obligations, and (h) otherwise manage and supervise the Bank Credit Facility Obligations as the Banks shall deem appropriate.

Appears in 5 contracts

Samples: Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc)

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Modifications to Documents. The Collateral Agent, and each of the Trustees, on behalf of itself and the Holders, hereby agrees that, without affecting the obligations hereunder of the Collateral Agent, the Trustees or the Holders, the Banks may, at any time and from time to time, in their sole discretion without the consent of or notice to the Collateral Agent, the Trustees or any Holder, and without incurring any liability to the Trustees or any Holder or impairing or releasing the Lien priority and Lien subordination provided for herein, amend, restate, supplement, terminate (in whole or in part) or otherwise modify the Bank Credit Facility in any manner whatsoever (but subject to the proviso contained in the definition herein of the term "Bank Credit Facility Obligations")whatsoever, including to: (a) rescind in whole or in part any demand for payment of any Bank Credit Facility Obligation made by the Banks or to continue any Bank Credit Facility Obligation, (b) change the manner, place or terms of payment or extend the time of payment of or renew or alter all or any of the Bank Credit Facility Obligations or otherwise amend, restate, supplement, compromise or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the Bank Credit Facility Obligations or the Bank Credit Facility, (c) retain or obtain a Lien on any property to secure any of the Bank Credit Facility Obligations and in that connection to enter into any additional agreements with the Company or any of its Subsidiaries, (d) amend, or grant any waiver, compromise or release with respect to, or consent to any departure from, any guaranty or other obligation of any Person obligated in any manner under the Bank Credit Facility or in respect of the Bank Credit Facility Obligations, (e) release their Lien on any property of the Company or any of its Subsidiaries, or sell, exchange, or surrender any such property at any time held as collateral security, (f) exercise or refrain from exercising any rights against the Company or any other Person, including to declare any of the Bank Credit Facility Obligations to be due and payable, (g) retain or obtain the primary or secondary obligation of any other Person with respect to any of the Bank Credit Facility Obligations, and (h) otherwise manage and supervise the Bank Credit Facility Obligations as the Banks shall deem appropriate.

Appears in 3 contracts

Samples: Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc)

Modifications to Documents. The Collateral Agent, and each of the TrusteesTrustee, on behalf of itself and the Holders, hereby agrees that, without affecting the obligations hereunder of the Collateral AgentCompany, the Trustees or Trustee and the HoldersHolders hereunder, the Banks (or an agent or representative on their behalf) may, at any time and from time to time, in their sole discretion without the consent of or notice to the Collateral Agent, the Trustees Trustee or any Holder, and without incurring any liability to the Trustees Trustee or any Holder or impairing or releasing the Lien priority and Lien subordination provided for herein, amend, restate, supplement, terminate (in whole or in part) or otherwise modify the Bank Credit Facility Agreement (including any guaranties and security documents thereunder) in any manner whatsoever (but subject to the proviso contained in the definition herein of the term "Bank Credit Facility Obligations")whatsoever, including to: (a) rescind in whole or in part any demand for payment of any Bank Credit Facility Obligation Agreement Obligations made by the Banks (or an agent or representative on their behalf), or to continue any Bank Credit Facility ObligationAgreement Obligations, (b) change the manner, place or terms of payment or extend the time of payment of or renew or alter alter, all or any of the Bank Credit Facility Agreement Obligations or otherwise amend, restate, supplement, compromise or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the Bank Credit Facility Agreement Obligations or the Bank Credit FacilityAgreement, (c) retain or obtain a Lien on any property to secure any of the Bank Credit Facility Obligations Agreement Obligations, and in that connection to enter into any additional agreements with the Company or any of its Subsidiaries, , (d) to amend, or grant any waiver, compromise or release with respect to, or consent to any departure from, any guaranty or other obligation obligations of any Person obligated in any manner under the Bank Credit Facility or in respect of the Bank Credit Facility Agreement Obligations, (e) release their Lien on any property of the Company or any of its Subsidiaries, or sell, exchange, or surrender any such property at any time held as collateral security, (f) exercise or refrain from exercising any rights against the Company or any other Person, including to declare any of the Bank Credit Facility Obligations to be due and payable, (g) retain or obtain the primary or secondary obligation of any other Person with respect to any of the Bank Credit Facility Obligations, and (h) otherwise manage and supervise the Bank Credit Facility Obligations as the Banks shall deem appropriate.

Appears in 1 contract

Samples: Security Pledge and Intercreditor Agreement (Nutritional Sourcing Corp)

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Modifications to Documents. The Collateral Agent, and each of the TrusteesTrustee, on behalf of itself and the Holders, hereby agrees that, without affecting the obligations hereunder of the Collateral AgentCompany, the Trustees or Trustee and the HoldersHolders hereunder, the Banks (or an agent or representative on their behalf) may, at any time and from time to time, in their sole discretion without the consent of or notice to the Collateral Agent, the Trustees Trustee or any Holder, and without incurring any liability to the Trustees Trustee or any Holder or impairing or releasing the Lien priority and Lien subordination provided for herein, amend, restate, supplement, terminate (in whole or in part) or otherwise modify the Bank Credit Facility Agreement (including any guaranties and security documents thereunder) in any manner whatsoever (but subject to the proviso contained in the definition herein of the term "Bank Credit Facility Obligations")whatsoever, including to:: Security Pledge and Intercreditor Agreement (a) rescind in whole or in part any demand for payment of any Bank Credit Facility Obligation Agreement Obligations made by the Banks (or an agent or representative on their behalf), or to continue any Bank Credit Facility ObligationAgreement Obligations, (b) change the manner, place or terms of payment or extend the time of payment of or renew or alter alter, all or any of the Bank Credit Facility Agreement Obligations or otherwise amend, restate, supplement, compromise or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the Bank Credit Facility Agreement Obligations or the Bank Credit FacilityAgreement, (c) retain or obtain a Lien on any property to secure any of the Bank Credit Facility Obligations Agreement Obligations, and in that connection to enter into any additional agreements with the Company or any of its Subsidiaries, (d) to amend, or grant any waiver, compromise or release with respect to, or consent to any departure from, any guaranty or other obligation obligations of any Person obligated in any manner under the Bank Credit Facility or in respect of the Bank Credit Facility Agreement Obligations, (e) release their its Lien on any property of the Company or any of its Subsidiaries, or sell, exchange, or surrender any such property at any time held as collateral security, (f) exercise or refrain from exercising any rights against the Company or any other Person, including to declare any of the Bank Credit Facility Agreement Obligations to be due and payable, (g) retain or obtain the primary or secondary obligation of any other Person with respect to any of the Bank Credit Facility Agreement Obligations, and (h) otherwise manage and supervise the Bank Credit Facility Agreement Obligations as the Banks (or an agent or representative on their behalf) shall deem appropriate.

Appears in 1 contract

Samples: Indenture (Nutritional Sourcing Corp)

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