Common use of Amendment of Certain Documents Clause in Contracts

Amendment of Certain Documents. The Agent, for itself and on behalf of the Lenders, hereby agrees for the benefit of the Trust and the Investors that it will not amend, alter or otherwise modify, or consent to any amendment, alteration or modification of, the Lease (including the definitions of any terms used in such document) without the prior written consent of the Trust and both Investors, as the case may be, if such amendment, alteration or modification would adversely affect the interests of the Trust or the Investors. Provisions requiring consent, include any amendment, alteration or modification that would release the Lessee from any of its obligations in respect of the payment of Basic Rent, Supplemental Rent, Termination Value, Maximum Residual Guarantee Amount or the Purchase Option Price or any other payments in respect of the Equipment as set forth in the Lease, or amend the provisions of Section 8 of the Credit Agreement, or reduce the amount of, or change the time or manner of payment of, obligations of the Lessee as set forth in the Lease, or create or impose any obligation on the part of the Trust or the Investors under the Lease, or extend or shorten the duration of the Term, or modify the provisions of this Section 9.3.

Appears in 2 contracts

Samples: Participation Agreement (Hanover Compressor Co), Participation Agreement (Hanover Compression Inc)

AutoNDA by SimpleDocs

Amendment of Certain Documents. The Agent, for itself and on ------------------------------ behalf of the Lenders, hereby agrees for the benefit of the Trust and the Investors that it will not amend, alter or otherwise modify, or consent to any amendment, alteration or modification of, the Lease (including the definitions of any terms used in such document) without the prior written consent of the Trust and both the Investors, as the case may be, if such amendment, alteration or modification would materially and adversely affect the interests of the Trust or the Investors. Provisions requiring consent, consent include any amendment, alteration or modification that would release the Lessee from any of its obligations in respect of the payment of Basic Rent, Supplemental Rent, Termination Value, Maximum Residual Guarantee Amount or the Purchase Option Price or any other payments in respect of the Equipment Property as set forth in the Lease, or amend the provisions of Section 8 of the Credit Agreement, or reduce the amount of, or change the time or manner of payment of, obligations of the Lessee as set forth in the Lease, or create or impose any obligation on the part of the Trust or the Investors under the Lease, or extend or shorten the duration of the Term, or modify the provisions of this Section 9.3.

Appears in 1 contract

Samples: Participation Agreement (Sailors Inc)

Amendment of Certain Documents. The Agent, for itself and on behalf of the Lenders, hereby agrees for the benefit of the Trust Trustee and the Investors Investor that it will not amend, alter or otherwise modify, or consent to any amendment, alteration or modification of, the Lease (including the definitions of any terms used in such document) without the prior written consent of the Trust Trustee and both Investorsthe Investor, as the case may be, if such amendment, alteration or modification would materially and adversely affect the interests of the Trust Trustee or the InvestorsInvestor. Provisions requiring consent, include any amendment, alteration or modification that would release the Lessee from any of its obligations in respect of the payment of Basic Rent, Supplemental Rent, Termination Value, Maximum Residual Guarantee Amount or the Purchase Option Price or any other payments in respect of the Equipment Property as set forth in the Lease, or amend the provisions of Section 8 of the Credit Agreement, or reduce the amount of, or change the time or manner of payment of, obligations of the Lessee as set forth in the Lease, or create or impose any obligation on the part of the Trust Trustee or the Investors Investor under the Lease, or extend or shorten the duration of the Term, or modify the provisions of this Section 9.39.2.

Appears in 1 contract

Samples: Participation Agreement (Safeskin Corp)

Amendment of Certain Documents. The Agent, for itself and on behalf of the Lenders, hereby agrees for the benefit of the Trust and the Investors Investor that it will not amend, alter or otherwise modify, or consent to any amendment, alteration or modification of, the Lease (including the definitions of any terms used in such document) without the prior written consent of the Trust and both Investorsthe Investor, as the case may be, if such amendment, alteration or modification would adversely affect the interests of the Trust or the InvestorsInvestor. Provisions requiring consent, include any amendment, alteration or modification that would release the Lessee from any of its obligations in respect of the payment of Basic Rent, Supplemental Rent, Termination Value, Maximum Residual Guarantee Amount or the Purchase Option Price or any other payments in respect of the Equipment as set forth in the Lease, or amend the provisions of Section 8 of the Credit Agreement, or reduce the amount of, or change the time or manner of payment of, obligations of the Lessee as set forth in the Lease, or create or impose any obligation on the part of the Trust or the Investors Investor under the Lease, or extend or shorten the duration of the Term, or modify the provisions of this Section 9.3.

Appears in 1 contract

Samples: Participation Agreement (Hanover Compressor Co)

AutoNDA by SimpleDocs

Amendment of Certain Documents. The Agent, for itself and on ------------------------------ behalf of the Lenders, hereby agrees for the benefit of the Trust and the Investors that it will not amend, alter or otherwise modify, or consent to any amendment, alteration or modification of, the Lease (including the definitions of any terms used in such document) without the prior written consent of the Trust and both Investors, as the case may be, if such amendment, alteration or modification would adversely affect the interests of the Trust or the Investors. Provisions requiring consent, include any amendment, alteration or modification that would release the Lessee from any of its obligations in respect of the payment of Basic Rent, Supplemental Rent, Termination Value, Maximum Residual Guarantee Amount or the Purchase Option Price or any other payments in respect of the Equipment as set forth in the Lease, or amend the provisions of Section 8 of the Credit Agreement, or reduce the amount of, or change the time or manner of payment of, obligations of the Lessee as set forth in the Lease, or create or impose any obligation on the part of the Trust or the Investors under the Lease, or extend or shorten the duration of the Term, or modify the provisions of this Section 9.3.

Appears in 1 contract

Samples: Participation Agreement (Hanover Compressor Co /)

Time is Money Join Law Insider Premium to draft better contracts faster.