Common use of Payments and Modifications of Subordinated Indebtedness Clause in Contracts

Payments and Modifications of Subordinated Indebtedness. (a) Amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or provisions of any Subordinated Indebtedness in any respect which would materially and adversely affect the rights or interests of the Lender hereunder or would violate the subordination terms thereof.

Appears in 3 contracts

Samples: Credit Agreement (Atrion Corp), Credit Agreement (Atrion Corp), Credit Agreement (Atrion Corp)

AutoNDA by SimpleDocs

Payments and Modifications of Subordinated Indebtedness. (a) Prepay, redeem, repurchase or otherwise acquire for value any Subordinated Indebtedness, or make any principal, interest, or other payments on any Subordinated Indebtedness, in each case, other than as expressly permitted by the Subordination Agreement applicable thereto. (b) Amend, modify, waive or supplement (change in any manner any term or permit the modification, amendment, waiver or supplement of) any of the terms or provisions condition of any Subordinated Indebtedness in any respect which would materially and adversely affect Documents other than as permitted by the rights or interests of the Lender hereunder or would violate the subordination terms thereofSubordination Agreement applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Nobilis Health Corp.), Credit Agreement (Nobilis Health Corp.)

Payments and Modifications of Subordinated Indebtedness. (a) Amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or provisions of any Subordinated Indebtedness in any respect which would materially and adversely affect the rights or interests of the Lender hereunder or would violate the subordination terms thereofAdministrative Agent and Lenders hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Kforce Inc), Credit Agreement (Ubiquiti Networks, Inc.)

Payments and Modifications of Subordinated Indebtedness. (a) Amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or provisions of any Subordinated Indebtedness in any respect which would materially and adversely affect the rights or interests of the Lender Administrative Agent and Lenders hereunder or would violate the subordination terms thereof.

Appears in 1 contract

Samples: Credit Agreement (Patrick Industries Inc)

Payments and Modifications of Subordinated Indebtedness. (a) Amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or provisions of any Subordinated Indebtedness in other than as expressly permitted by the Subordination Provisions applicable thereto. (b) Prepay, redeem, repurchase or otherwise acquire for value any respect which would materially and adversely affect Subordinated Indebtedness, or make any principal, interest or other payments on any Subordinated Indebtedness other than as expressly permitted by the rights or interests of the Lender hereunder or would violate the subordination terms thereofSubordination Provisions applicable thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Kalera Public LTD Co)

AutoNDA by SimpleDocs

Payments and Modifications of Subordinated Indebtedness. (a) Amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or provisions of any Subordinated Indebtedness in any respect which would materially and adversely affect the rights or interests of the Lender hereunder or would violate the subordination terms thereofAdministrative Agent and Lenders hereunder.

Appears in 1 contract

Samples: Credit Agreement (Ubiquiti Networks, Inc.)

Payments and Modifications of Subordinated Indebtedness. (a) a. Amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or provisions of any Subordinated Indebtedness in any respect which would materially and adversely affect the rights or interests of the Lender hereunder or would violate the subordination terms thereofAdministrative Agent and Lenders hereunder.

Appears in 1 contract

Samples: Credit Agreement (Fidelity National Financial, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!