Common use of Subsequent Credit Terms Clause in Contracts

Subsequent Credit Terms. (a) Notify 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 Borrower or Subsidiary agrees to financial covenants which are more restrictive to such Borrower or Subsidiary than those contained in sections Six and Seven hereof. Upon entering into any such amendment or modification, and with respect to the covenants in the Note 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 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 Agent may, in its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 6.17.

Subsequent Credit Terms. (a) Notify Bank 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 Borrower or any Subsidiary agrees to financial covenants or events of default which are more restrictive to such Borrower or Subsidiary than those contained in sections Six and Seven hereofthis Agreement. Upon entering into any such amendment or modification, and with respect to the covenants and events of default in the Note Purchase Agreementsthis 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 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 Administrative Agent may, in its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 6.17Section 8.14.

Subsequent Credit Terms. (a) Notify Bank 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 Borrower Obligor or Subsidiary agrees to financial covenants which are more restrictive to such Borrower Obligor or Subsidiary than those contained in sections Sections Five and Six and Seven hereof. Upon entering into any such amendment or modification, and with respect to the covenants in the Note Purchase AgreementsCredit 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 Borrower 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 Agent you may, in its your sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 6.175.16.

Subsequent Credit Terms. (a) Notify Bank 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 Borrower or any Subsidiary agrees to financial covenants or events of default which are more restrictive to such Borrower or Subsidiary than those contained in sections Six and Seven hereofthis Agreement. Upon entering into any such amendment or modification, and with respect to the covenants and events of default in the Note Purchase Agreementsthis 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 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 Administrative Agent may, in its sole discretion, deem necessary or appropriate to effectuate the provisions of this Paragraph 6.17.Section 8.14. ------------