Variation of Documents. A variation of any Issuer Document is valid only if it is in writing and signed by or on behalf of each Transaction Party which is a party to such Issuer Document.
Variation of Documents. (i) Except with the prior written consent of the Agent (acting on the instructions of the Majority Lenders) or as permitted by the Intercreditor Deed, the Parent will not, and will procure that no other Group Company will, agree to any amendment or variation to or termination of the terms of the Deep Discount Bonds or the Nabisco Further Documents (other than, in the case of the Deep Discount Bonds or the Nabisco Further Documents if it is pursuant to, or in connection with a Permitted Reorganisation of the type referred to in paragraph (b) of the definition of “Permitted Reorganisation”), the Consortium Agreement and the Constitutional Documents of the Parent or the Transaction Documents (other than in the case of Transaction Documents excluding the Specified Agreements where such amendment, variation or termination might reasonably be expected to (A) prejudice the interests of the Finance Parties in any material respect or (B) result in any increase in the maximum total amount capable of being borrowed thereunder or the amount which is outstanding from or payable by any Group Company, in each case as such document is in effect as at 28 April, 2000);
(ii) Except with the prior written consent of the Agent (acting on the instruction of the Majority Lenders) the Parent will not, and will procure that no Group Company will, agree to any amendment or variation to or termination of the terms of the Specified Agreements which might reasonably be expected to prejudice the interests of the Finance Parties under the Senior Finance Documents in any material respect.
(iii) Except with the prior written consent of the Agent (acting on the instructions of the Majority Lenders), the Parent will not, and will procure that no Group Company will amend, supplement, vary, waive or terminate any of the terms of the Pxxxxxx Acquisition Documents, or exercise or fail to exercise any discretion thereunder or give any consent or waiver thereunder save where such changes do not relate to the conditionality provisions or termination rights or the purchase consideration payable under the Pxxxxxx Acquisition Documents, have been notified to the Agent and would not reasonably be expected to prejudice the interests of the Finance Parties under the Senior Finance Documents in any material respect.
Variation of Documents. Bidco will not, and will procure that no member of the Group will, agree to any waiver, amendment or variation to the terms of the Equity Documents or the Acquisition Documents to the extent that doing so would reasonably be expected to have a Material Adverse Effect or in any respect which is materially adverse to the interests of the Senior Finance Parties (otherwise than with the consent of the Majority Lenders and, prior to the Syndication Date, each Mandated Lead Arranger, provided that, after the Syndication Date, only the consent of the Majority Lenders shall be required).
Variation of Documents. Subject to Clause 10.2 (Modifications) of the Arran Funding Note Trust Deed and Condition 14 (Meetings of Noteholders; Modification and Waiver) variation of any Document is valid only if it is in writing and signed by or on behalf of each Transaction Party which is a party to such Document and notification is made to the Rating Agencies of such variation.
Variation of Documents. A variation of any Document is valid only if it is in writing and signed by or on behalf of each Transaction Party which is a party to such Document and notification is made to the Rating Agencies of such variation.
Variation of Documents. Except to the extent required by law or under existing contractual obligations, it will not:
(i) amend or vary, or consent to any amendment or variation of; or
(ii) avoid, release, surrender, terminate, rescind, discharge (other than by performance) or accept the repudiation of; or
(iii) expressly or impliedly waive, or extend or grant time or indulgence in respect of, any provision of or obligation under; or
(iv) knowingly do or permit anything which would enable or give grounds to another party to do anything referred to in sub-paragraphs (i), (ii) or (iii) in relation to, any of the Project Documents (except with the prior written consent of the Agent, such consent not to be unreasonably withheld or delayed);
Variation of Documents. No Obligor will, and each Obligor will procure that none of its Subsidiaries will, without the prior written consent of the Majority Banks, agree to any amendment or variation to the terms of:
(a) any of the Constitutional Documents which could reasonably be expected to:
(i) affect the partnership structure of Octel Associates; or
(ii) be materially adverse to the interests of the Finance Parties under the Finance Documents; or
(b) any of the Senior Note Documents or the Intercompany Loan Agreements (as defined in the April 1998 Agreement), provided that Octel Developments may agree with the trustee for the Senior Noteholders minor or technical amendments to the Senior Note Documents (not being adverse to the interests of the Majority Banks) without the consent of the Majority Banks.
Variation of Documents. (i) Except with the prior written consent of the Agent (acting on the instructions of the Majority Lenders) or as permitted by the Intercreditor Deed, the Parent will not, and will procure that no other Group Company will, agree to any amendment or variation to or termination of the terms of the Deep Discount Bonds, the Consortium Agreement and the Constitutional Documents of the Parent or the Transaction Documents (other than the Specified Agreements) where such amendment, variation or termination might reasonably be expected to (A) prejudice the interests of the Finance Parties in any material respect or (B) result in any increase in the maximum total amount capable of being borrowed thereunder or the amount which is outstanding from or payable by any Group Company, in each case as such document is in effect as at 28 April, 2000;
(ii) Except with the prior written consent of the Agent (acting on the instruction of the Majority Lenders) the Parent will not, and will procure that no Group Company will, agree to any amendment or variation to or termination of the terms of the Specified Agreements which might reasonably be expected to prejudice the interests of the Finance Parties in any material respect.
Variation of Documents. (i) No Obligor will terminate any Transaction Document without the prior written consent of the Majority Lenders.
(ii) The Obligors may amend or waive the terms of the Transaction Documents (other than the Senior Finance Documents) provided that:
(A) amendments or waivers that have the effect of:
(A) reducing the Total Equity Commitment Amount of any Original Investor; or
(B) increasing any amount payable by a Group Member in respect of the Management Fee or altering the circumstances in which the Management Fee is due and/or payable;
(B) amendments or waivers that relate to the property selection guidelines and criteria set out in the Joint Venture Agreement and the Management Agreements;
(C) amendments or waivers that have the effect of increasing the combined rate of interest, commitment commission or other periodic fee payable (whether in cash or in kind) by the borrower under the Shurgard Europe Short Term Working Capital Facility Agreement above applicable EURIBOR + 2.25%, or of altering the identity of that borrower;
(D) amendments or waivers that relate to the exit procedure under the Joint Venture Agreement; and
(E) any other amendments or waivers which might reasonably be expected to have a Material Adverse Effect, may not be made or given without the prior written consent of the Majority Lenders.
Variation of Documents
