Restricted Junior Debt. Waive, amend or otherwise modify any document governing Restricted Junior Debt having an aggregate outstanding principal amount in excess of the Threshold Amount, except that (1) as would not reasonably be expected to be material and adverse to the interests of the Lenders, it being understood that a waiver, amendment or other modification of the documents governing Restricted Junior Debt shall not be deemed adverse to the interests of the Lenders, if, after giving effect to such waiver, amendment or other modification, the term of such Restricted Junior Debt comply with the requirements of clauses (ii), (iii) and (v) of the proviso to Section 7.02(a) or (2) as are otherwise consented to by the Administrative Agent; provided that nothing in this Section 7.12(b) shall prohibit the refinancing, replacement or extension of any Restricted Junior Debt to the extent permitted by Section 7.02.
