Common use of Waivers, Modifications and Amendments Clause in Contracts

Waivers, Modifications and Amendments. Any provision hereof or of any of the other Loan Documents may be amended, modified, waived or released and any Default or Event of Default and its consequences may be rescinded and annulled upon the written consent of the Required Lenders; provided, however, that without the consent of all Lenders no such amendment, modification or waiver shall (i) increase the amount or extend the term of any Lender's Revolving Credit Commitment (or, if relevant, Swing Line Commitment) or (ii) reduce the amount of any principal of or interest rate applicable to, or extend the maturity of, any Obligation owed to it or (iii) reduce the amount of the fees to which it is entitled hereunder or (iv) change this Section or change the definition of "Required Lenders" or (v) change the number of Lenders required to take any action hereunder or under any of the other Loan Documents or (vi) permit the Company to assign any of its rights hereunder or release any Guarantor from its obligations under its Guaranty or (vii) release all or substantially all of the Collateral (except as otherwise provided for in the Loan Documents) or (viii) increase the advance rates against Eligible Inventory and Eligible Receivables as used in computing the "Borrowing Base" or (ix) change the definition of "Availability Reserve" or (x) waive compliance with the provisions of Section 8.22(b) hereof. No amendment, modification or waiver of the Agent's protective provisions shall be effective without the prior written consent of the Agent.

Waivers, Modifications and Amendments. Any provision hereof or of any of the other Loan Documents may be amended, modified, waived or released and any Default or Event of Default and its consequences may be rescinded and annulled upon the written consent of the Company and the Required Lenders; provided, however, that without the written consent of all Lenders each Lender no such amendment, modification or waiver shall (i) increase the amount or extend the term terms of any such Lender's Revolving Credit Commitment (or, if relevant, Swing Line Commitment) Commitments or (ii) reduce the amount of any principal of or interest rate applicable to, or extend the maturity of, any Obligation owed to it or (iii) reduce the amount of the fees or other amounts to which it is entitled hereunder or release any guaranty of any Obligations or release all or any substantial (ivin value) part of the collateral security afforded by the Loan Documents (except in connection with a sale or other disposition permitted to be effected by the provisions hereof or of the Loan Documents) or change this Section 11.4 or change the definition of "Required Lenders" or (v) change the number of Lenders required to take any action hereunder or under any of the other Loan Documents or (vi) permit the Company to assign any of its rights hereunder or release any Guarantor from its obligations under its Guaranty or (vii) release all or substantially all of the Collateral (except as otherwise provided for in the Loan Documents) or (viii) increase the advance rates against Eligible Inventory and Eligible Receivables as used in computing the "Borrowing Base" or (ix) change the definition of "Availability Reserve" or (x) waive compliance with the provisions of Section 8.22(b) hereof. No amendment, modification or waiver of the Agent's Agents' protective provisions shall be effective without the prior written consent of the Agent.

Waivers, Modifications and Amendments. Any provision hereof or of any of the other Loan Documents may be amended, modified, waived or released and any Default or Event of Default and its consequences may be rescinded and annulled upon the written consent of the Required Lenders; provided, however, that without the written consent of all Lenders each Lender no such amendment, modification or waiver shall (i) increase the amount or extend the term terms of any Lender's Revolving Credit Commitment (or, if relevant, Swing Line Commitment) or (ii) reduce the amount of any principal of or interest rate applicable to, to or extend the maturity of, any Obligation owed to it of its Revolving Credit Note or (iii) reduce the amount of the principal, interest, fees or other amounts to which it is entitled hereunder or release any guaranty of any Obligations (ivexcept for the releases and discharges required by the Intercreditor Agreement) or release or waive receipt of all or any substantial (in value) part of the collateral security afforded by the Collateral Documents (except in connection with a sale or other disposition thereof or as otherwise provided in the Collateral Documents) or which is required to be received pursuant to Section 4.1 hereof or change this Section or change the definition of "Required Lenders" or (v) change the number of Lenders required to take any action hereunder or under any of the other Loan Documents or (vi) permit the Company to assign any of its rights hereunder or release any Guarantor from its obligations under its Guaranty or (vii) release all or substantially all of the Collateral (except as otherwise provided for in the Loan Documents) or (viii) increase the advance rates against Eligible Inventory and Eligible Receivables as used in computing the "Borrowing Base" or (ix) change the definition of "Availability Reserve" or (x) waive compliance with the provisions of Section 8.22(b) hereof. No amendment, modification or waiver of the AgentAgents' or Issuer's protective provisions shall be effective without the prior written consent of the AgentAgent and the Issuers.

Waivers, Modifications and Amendments. Any provision hereof or of any of the other Loan Documents Notes or the Guaranties may be amended, modified, waived or released and any Default or Event of Default and its consequences may be rescinded and annulled upon the written consent of the Required Lenders; provided, however, that without the consent of all Lenders no such amendment, modification or waiver shall (i) increase the amount or extend the term terms of any Lender's Revolving Credit Commitment (or, if relevant, Swing Line Commitment) or (ii) increase the L/C Sublimit or reduce the amount of any principal of or interest rate applicable to, to or extend the maturity of, (including any Obligation owed to it scheduled installment) of its Notes or (iii) reduce the amount of the principal or interest or fees to which it such Lender is entitled hereunder or release any substantial (ivin value) part of the collateral security afforded by the Collateral Documents (except in connection with a sale or other disposition required to be effected by the provisions hereof or of the Collateral Documents) or release any Guarantor or change this Section or change the definition of "Required Lenders" or (v) change the number of Lenders required to take any action hereunder or under any of the other Loan Documents or (vi) permit the Company to assign any of its rights hereunder or release any Guarantor from its obligations under its Guaranty or (vii) release all or substantially all of the Collateral (except as otherwise provided for in the Loan Documents) or (viii) increase the advance rates against Eligible Inventory and Eligible Receivables as used in computing the "Borrowing Base" or (ix) change the definition of "Availability Reserve" or (x) waive compliance with the provisions of Section 8.22(b) hereofGuaranties. No amendment, modification or waiver of the Agent's protective provisions shall be effective without the prior written consent of the Agent.

Waivers, Modifications and Amendments. Any provision hereof or of any of the other Loan Documents may be amended, modified, waived or released and any Default or Event of Unmatured Default and its consequences may be rescinded and annulled upon the written consent of the Required Lenders; provided, however, that without the consent of all Lenders no such amendment, modification or waiver shall (i) increase the amount or extend the term of any Lender's Revolving Credit Commitment (or, if relevant, Swing Line Commitment) or (ii) reduce the amount of any principal of or interest rate applicable to, or extend the maturity of, any Obligation obligation owed to it or (iii) reduce the amount of the fees to which it is entitled hereunder or release any substantial (ivin value) part of the collateral security afforded by the Security Agreements (except in connection with a sale or other disposition required to be effected by the provisions hereof or of the Security Agreement) or change this Section or change the definition of "Required Lenders" or (v) change the number of Lenders required to take any action hereunder or under any of the other Loan Documents or (vi) permit the Company to assign any of its rights hereunder or release any Guarantor from its obligations under its Guaranty or (vii) release all or substantially all of the Collateral (except as otherwise provided for in the Loan Documents) or (viii) increase the advance rates against Eligible Inventory and Eligible Receivables as used in computing the "Borrowing Base" or (ix) change the definition of "Availability Reserve" or (x) waive compliance with the provisions of Section 8.22(b) hereof. No amendment, modification or waiver of the Agent's protective provisions shall be effective without the prior written consent of the Agent.

Waivers, Modifications and Amendments. Any provision hereof or of any of the other Loan Documents Notes or the Guaranties may be amended, modified, waived or released and any Default or Event of Default and its consequences may be rescinded and annulled upon the written consent of the Required LendersMajority Holders; provided, however, that without the consent of all Lenders holders of the Notes no such amendment, modification or waiver shall (i) increase the amount or extend the term terms of any Lender's Revolving Credit Commitment (or, if relevant, Swing Line Commitment) Note or (ii) reduce the amount of any principal of or interest rate applicable to, to or extend the maturity of, (including any Obligation owed to it scheduled installment) of its Notes or (iii) reduce the amount of the principal or interest or fees to which it such holder is entitled hereunder or release any substantial (ivin value) part of the collateral security afforded by the Collateral Documents (except in connection with a sale or other disposition required to be effected by the provisions hereof or of the Collateral Documents) or release any Guarantor or change this Section or change the definition of "Required LendersMAJORITY HOLDERS" or (v) change the number of Lenders holders of Notes required to take any action hereunder or under any of the other Loan Documents or (vi) permit the Company to assign any of its rights hereunder or release any Guarantor from its obligations under its Guaranty or (vii) release all or substantially all of the Collateral (except as otherwise provided for in the Loan Documents) or (viii) increase the advance rates against Eligible Inventory and Eligible Receivables as used in computing the "Borrowing Base" or (ix) change the definition of "Availability Reserve" or (x) waive compliance with the provisions of Section 8.22(b) hereofGuaranties. No amendment, modification or waiver of the Agent's protective provisions shall be effective without the prior written consent of the Agent.

Waivers, Modifications and Amendments. Any provision hereof or of any of the other Loan Documents Notes or the Guaranties may be amended, modified, waived or released and any Default or Event of Default and its consequences may be rescinded and annulled upon the written consent of the Required Lenders; providedPROVIDED, howeverHOWEVER, that without the consent of all Lenders no such amendment, modification or waiver shall (i) increase the amount or extend the term terms of any Lender's Revolving Credit Commitment (or, if relevant, Swing Line Commitment) or (ii) increase the L/C Sublimit or reduce the amount of any principal of or interest rate applicable to, to or extend the maturity of, (including any Obligation owed to it scheduled installment) of its Notes or (iii) reduce the amount of the principal or interest or fees to which it such Lender is entitled hereunder or release any substantial (ivin value) part of the collateral security afforded by the Collateral Documents (except in connection with a sale or other disposition required to be effected by the provisions hereof or of the Collateral Documents) or release any Guarantor or change this Section or change the definition of "Required LendersREQUIRED LENDERS" or (v) change the number of Lenders required to take any action hereunder or under any of the other Loan Documents or (vi) permit the Company to assign any of its rights hereunder or release any Guarantor from its obligations under its Guaranty or (vii) release all or substantially all of the Collateral (except as otherwise provided for in the Loan Documents) or (viii) increase the advance rates against Eligible Inventory and Eligible Receivables as used in computing the "Borrowing Base" or (ix) change the definition of "Availability Reserve" or (x) waive compliance with the provisions of Section 8.22(b) hereofGuaranties. No amendment, modification or waiver of the Agent's protective provisions shall be effective without the prior written consent of the Agent.