Common use of Qualifying Clause in Contracts

Qualifying. SECURITY without the prior written consent of the Banks, make or cause to be made any amendment, variation, supplement or release to, or transfer or novation of, the Qualifying Security.

Appears in 2 contracts

Samples: Loan Facility Agreement, Loan Facility Agreement (Teekay Offshore Partners L.P.)

AutoNDA by SimpleDocs

Qualifying. SECURITY if any amendment, variation, supplement, release, transfer or novation is made or effected in relation to the Qualifying Security without the prior written consent of the Banks, make or cause to be made any amendment, variation, supplement or release to, or transfer or novation of, the Qualifying Security.; or

Appears in 2 contracts

Samples: Loan Facility Agreement, Loan Facility Agreement (Teekay Offshore Partners L.P.)

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