MPT Documents and Transactions. (a) Amend or modify or waive any of the requirements of any of the MPT Documents in a manner that (i) increases the maximum aggregate amount funded, or permitted to be funded, by MPT or any other Person thereunder to an amount greater than $205,000,000 (the “MPT Maximum Funding Amount”), (ii) increases the maximum amount of each MPT Letter of Credit required thereunder or the maximum number of MPT Letters of Credit required thereunder, or (iii) is not permitted by the MPT Intercreditor Agreement or the MPT Subordination Agreement, as applicable;
MPT Documents and Transactions. (a) Amend, restate, supplement, extend or modify any of the MPT Documents or the MPT JV Documents in a manner that (i) is in contravention or violation of any Bankruptcy Court Order, (ii) that has not been approved in writing by the Administrative Agent (and, if materially adverse to any Lender, approved in writing by the Required Lenders), (iii) grants a Lien on any of the assets or property of the Borrower, Holdings or First Choice or (iv) makes the Borrower a party thereto or otherwise obligates the Borrower to perform any duty, liability or obligation thereunder or to Guarantee or otherwise be responsible for any obligations incurred thereunder.
MPT Documents and Transactions. (a) Amend or modify or waive any of the requirements of any of the MPT Documents in a manner that (i) increases the maximum aggregate amount funded, or permitted to be funded, by MPT or any other Person thereunder to an amount greater than $255,000,000; provided that the dollar amount set forth in the foregoing provision of this sentence shall be decreased by $50,000,000 if (i) any of the conditions precedent set forth in Sections 2.3, 2.7 and 2.8 of the Amendment Agreement are each not satisfied, and (ii) definitive documentation reflecting the terms of the Letter of Intent (whether or not such terms are binding under the terms of the Letter of Intent) and otherwise consistent with the Letter of Intent is not executed and delivered, and a certified copies thereof delivered to the Administrative Agent (such dollar amount, the “MPT Maximum Funding Amount”), (ii) increases the maximum amount of each MPT Letter of Credit required thereunder or the maximum number of MPT Letters of Credit required thereunder, or (iii) is not permitted by the MPT Intercreditor Agreement or the MPT Subordination Agreement, as applicable;
MPT Documents and Transactions. (a) Amend or modify any of the MPT Documents in a manner that (i) increases the maximum aggregate amount funded by MPT thereunder unless after giving effect to such increase (assuming for the purpose of this test that such maximum amount is funded on that date of such increase) on a Pro Forma Basis, (A) the Loan Parties would be in compliance with the financial covenants set forth in Section 7.11 recomputed as of the end of the period of the four fiscal quarters most recently ended for which the Borrower has delivered financial statements pursuant to Section 6.01(a) or (b) and (B) there shall be an aggregate of at least $20,000,000 consisting of any combination of availability existing under the Aggregate Revolving Commitments and Qualified Cash, (ii) is not permitted by the MPT Intercreditor Agreement or the MPT Subordination Agreements or (iii) that is materially adverse to the Lenders.
