Common use of No Modification of Subordinate Loan Documents Clause in Contracts

No Modification of Subordinate Loan Documents. The Borrower and the Subordinate Lender each agree until the principal of, interest on and all other amounts payable under the Senior Loan Documents have been paid in full, they will not, without the prior written consent of the Senior Lender in each instance, increase the amount of the Subordinate Loan, increase the required payments due under the Subordinate Loan, decrease the term of the Subordinate Loan, or increase the interest rate on the Subordinate Loan.

No Modification of Subordinate Loan Documents. The Borrower and the Subordinate Lender each agree that, until the principal of, interest on and all other amounts payable under the Senior Loan Documents have been paid in full, they will not, without the prior written consent of the Senior Lender in each instanceinstance (i) take any action which would result in an increase in the total indebtedness other than the receipt of payment in kind interest, increase the amount of or (ii) make any other modification to the Subordinate Loan, increase Loan Documents which would materially and adversely affect the required payments due under the Subordinate Loan, decrease the term of the Subordinate Loan, or increase the interest rate on the Subordinate LoanSenior Lender.

No Modification of Subordinate Loan Documents. The Borrower and the Subordinate Lender Lenders each agree that, until the principal of, interest on and all other amounts payable under the Senior Loan Documents have been paid in full, they it will not, without the prior written consent of the Senior Lender in each instance, increase the amount of the Subordinate LoanLoans, increase the required payments due under the Subordinate LoanLoans, decrease the term of the Subordinate LoanLoans, or increase the interest rate on the Subordinate Loan.the