Common use of Subsequent Credit Terms Clause in Contracts

Subsequent Credit Terms. (a) Notify each holder of a Note in writing not less than five (5) Business Days prior to its entering into any amendment or modification of any credit arrangement, whether now in effect or hereafter incurred, pursuant to which any Obligor or Subsidiary agrees to financial covenants which are more restrictive to such Obligor or Subsidiary than those contained in Sections Five and Six hereof. Upon entering into any such amendment or modification, and with respect to the covenants in the Credit Agreement, the corresponding covenants, terms and conditions of this Agreement are and shall be deemed to be automatically and immediately amended to conform with and to include the applicable covenants, terms and/or conditions of such other agreement; provided, however, that the foregoing shall not be applicable to or be deemed to affect any provision of this Agreement to the extent that any amendment or modification is less restrictive than the corresponding provisions of this Agreement. (b) Each Obligor and each Subsidiary hereby agrees promptly to execute and deliver any and all such documents and instruments and to take all such further actions as you may, in your sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 5.16.

Subsequent Credit Terms. (a) Notify each holder of a Note the Administrative Agent in writing not less than five ten (510) Business Days prior to its entering into any amendment or modification of any credit arrangement, whether now in effect or hereafter incurred, pursuant to which any Obligor Borrower or any Subsidiary agrees to financial covenants or events of default which are more restrictive to such Obligor Borrower or Subsidiary than those contained in Sections Five and Six hereofthis Agreement. Upon entering into any such amendment or modification, and with respect to the covenants and events of default in the Credit this Agreement, the corresponding covenants, terms and conditions of this Agreement are and shall be deemed to be automatically and immediately amended to conform with and to include the applicable covenants, terms and/or conditions of such other agreement; provided, however, that the foregoing shall not be applicable to or be deemed to affect any provision of this Agreement to the extent that any amendment or modification is less restrictive than the corresponding provisions of this Agreement. (b) Each Obligor Borrower and each Subsidiary hereby agrees promptly to execute and deliver any and all such documents and instruments and to take all such further actions as you Administrative Agent may, in your its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 5.16Section 8.14.

Subsequent Credit Terms. (a) Notify each holder of a Note Bank in writing not less than five (5) Business Days prior to its entering into any amendment or modification of any credit arrangement, whether now in effect or hereafter incurred, pursuant to which any Obligor Borrower or Subsidiary agrees to financial covenants which are more restrictive to such Obligor Borrower or Subsidiary than those contained in Sections Five sections Six and Six Seven hereof. Upon entering into any such amendment or modification, and with respect to the covenants in the Credit AgreementNote Purchase Agreements, the corresponding covenants, terms and conditions of this Agreement are and shall be deemed to be automatically and immediately amended to conform with and to include the applicable covenants, terms and/or conditions of such other agreement; provided, however, that the foregoing shall not be applicable to or be deemed to affect any provision of this Agreement to the extent that any amendment or modification is less restrictive than the corresponding provisions of this Agreement. (b) Each Obligor Borrower and each Subsidiary hereby agrees promptly to execute and deliver any and all such documents and instruments and to take all such further actions as you Agent may, in your its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 5.166.17.

Subsequent Credit Terms. (a) Notify each holder of a Note The Company shall notify the Administrative Agent in writing not less than five ten (510) Business Days prior to its any Borrower entering into any credit agreement or any amendment or modification of to any existing credit arrangement, whether now agreement in effect or hereafter incurredeither case as otherwise permitted hereunder, pursuant to which any Obligor or Subsidiary Borrower agrees to financial representations, warranties or covenants which are more restrictive to such Obligor restrictive, as determined in the sole discretion of the Administrative Agent, than the representations, warranties or Subsidiary than those contained in Sections Five and Six hereofcovenants hereof (the "More Restrictive Provisions"). Upon entering into any the execution of such new credit agreement, amendment or modification, and with respect to the covenants in the Credit Agreement, the corresponding covenants, terms and conditions of this Agreement are shall be and shall be deemed to be automatically and immediately amended to conform with and to include the applicable covenants, terms and/or conditions More Restrictive Provisions of such other new credit agreement, amendment or modification; provided, however, that the foregoing shall not be applicable to or be deemed to affect any provision of this Agreement to the extent that if any new credit agreement, amendment or modification is less restrictive than restrictive. Each of the corresponding provisions of this Agreement. (b) Each Obligor and each Subsidiary Borrowers hereby agrees promptly to execute and deliver any and all such documents and instruments and to take all such further actions as you the Administrative Agent may, in your its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 5.16Section 7.01(k).

Subsequent Credit Terms. (a) Notify each holder of a Note The Company shall notify the Administrative Agent in writing not less than five ten (510) Business Days prior to its any Borrower entering into any credit agreement or any amendment or modification of to any existing credit arrangement, whether now agreement in effect or hereafter incurredeither case as otherwise permitted hereunder, pursuant to which any Obligor or Subsidiary Borrower agrees to financial representations, warranties or covenants which are more restrictive to such Obligor restrictive, as determined in the sole discretion of the Administrative Agent, than the representations, warranties or Subsidiary than those contained in Sections Five and Six hereofcovenants hereof (the "More Restrictive Provisions"). Upon entering into any the execution of such new credit agreement, amendment or modification, and with respect to the covenants in the Credit Agreement, the corresponding covenants, terms and conditions of this Agreement are shall be and shall be deemed to be automatically and immediately amended to conform with and to include the applicable covenants, terms and/or conditions More Restrictive Provisions of such other new credit agreement, amendment or modification; provided, however, that the foregoing shall not be applicable to or be deemed to affect any provision of this Agreement to the extent that if any new credit agreement, amendment or modification is less restrictive than restrictive. Each of the corresponding provisions of this Agreement. (b) Each Obligor and each Subsidiary Borrowers hereby agrees promptly to execute and deliver any and all such documents and instruments and to take all such further actions as you the Administrative Agent may, in your its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 5.16Section 8.01(k).

Subsequent Credit Terms. (a) Notify each holder of a Note the Administrative Agent in writing not less than five ten (510) Business Days prior to its entering into any amendment or modification of any credit arrangement, whether now in effect or hereafter incurred, pursuant to which any Obligor Borrower or any Subsidiary agrees to financial covenants or events of default which are more restrictive to such Obligor Borrower or Subsidiary than those contained in Sections Five and Six hereofthis Agreement. Upon entering into any such amendment or modification, and with respect to the covenants and events of default in the Credit this Agreement, the corresponding covenants, terms and conditions of this Agreement are and shall be deemed to be automatically and immediately amended to conform with and to include the applicable covenants, terms and/or conditions of such other agreement; provided, however, that the foregoing shall not be applicable to or be deemed to -------- ------- affect any provision of this Agreement to the extent that any amendment or modification is less restrictive than the corresponding provisions of this Agreement. (b) Each Obligor Borrower and each Subsidiary hereby agrees promptly to execute and deliver any and all such documents and instruments and to take all such further actions as you Administrative Agent may, in your its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 5.16.Section 8.14. ------------