Amendment of Security Documents Sample Clauses

Amendment of Security Documents. The Issuer shall not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Security Documents except as described in Article 9 or as permitted in Article 8.
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Amendment of Security Documents. Notwithstanding any other provision of this Indenture, if the Trustee is requested to vote or otherwise take action with respect to the Security Documents, the Trustee will vote or otherwise act as directed by the Holders of a majority in aggregate principal amount of all Notes then outstanding, except that:
Amendment of Security Documents. The Collateral Trust Agreement will provide that no amendment or supplement to the provisions of any Security Document will be effective without the approval of the Collateral Trustee acting as directed by an Act of Required Secured Parties, except that:
Amendment of Security Documents. (a) No amendment or supplement to the provisions of any Security Document constituting a Notes Document will be effective without the approval of the Collateral Agent acting as directed by the Required Noteholders, except that:
Amendment of Security Documents. The Company will not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Security Documents in any way that would be adverse to the Holders of the Notes in any material respect, except as permitted by this Indenture or the Security Documents.
Amendment of Security Documents. The Issuer shall not amend, modify or supplement, or permit or consent to any amendment, modification or supplement of, the Security Documents in any way that would be adverse to the Holders in any material respect, except as contemplated by the Intercreditor Agreements or as permitted under Article IX hereof.
Amendment of Security Documents. 75 SECTION 4.22 After-Acquired Property ..................................................................... 76 ARTICLE 5 SUCCESSORS ............................................................................................ 76 SECTION 5.01 Merger, Consolidation, or Sale of Assets .................................................... 76
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Amendment of Security Documents. Pursuant to the Intercreditor Agreement, the Collateral Trustee may enter into any amendment (and, upon request by the Collateral Trustee, each First Lien Agent shall sign a consent to such amendment) to any Note Security Document (including, without limitation, to release Liens securing any series of First Lien Obligations) so long as such amendment, subject to clause (y) below, is not prohibited by the terms of each then extant agreement governing such First Lien Obligations. Additionally, each holder of First Lien Obligations agrees that the Collateral Trustee may enter into any amendment (and, upon request by the Collateral Trustee, each First Lien Agent shall sign a consent to such amendment) to any Note Security Document solely as such Security Document relates to a particular series of First Lien Obligations (including, without limitation, to release Liens securing such series of First Lien Obligations) so long as (x) such amendment is in accordance with the agreements governing such First Lien Obligations and (y) such amendment does not adversely affect the holders of First Lien Obligations of any other series. Pursuant to the Collateral Trust Agreement, with the written consent of each First Lien Agent, the Collateral Trustee and the Company and the Guarantors may, from time to time, enter into written agreements supplemental to the Collateral Trust Agreement or to any Note Security Document for the purpose of amending, adding to, or waiving any provisions of, the Collateral Trust Agreement or any Note Security Document.
Amendment of Security Documents. In addition to and notwithstanding Section 9.02 hereof, without the consent of any Holder of Notes, the Trustee and the Collateral Trustee will be authorized to amend the Security Documents (i) to add additional secured parties holding, and to secure any, Parity Lien Obligations or Priority Lien Obligations permitted to be incurred pursuant to the terms of the Indenture and the Security Documents, in each case with the same Lien priorities and rights as provided in the Collateral Trust Agreement and (ii) to enter into collateral trust or intercreditor arrangements with the holders of any such Parity Lien Obligations or Priority Lien Obligations described in clause (i) so long as the terms of such collateral trust or intercreditor arrangements are not less favorable to the Holders of Notes than the collateral trust or intercreditor provisions contained in the Security Documents and the Collateral Trust Agreement as of the Issue Date.
Amendment of Security Documents. The Company agrees that upon the closing of the transactions contemplated by the OF Letter Agreement, it will (a) ensure that OF Acquisition, L.P. (the "Partnership") execute such documents to become a Debtor under the Subordinated Security Agreement and to execute such financing statements as necessary in order to reflect a security interest in favor of SJMB in all of the assets of the Partnership and (b) execute an amendment to the Subordinated Pledge Agreement pledging the partnership interests held by the Company in the Partnership to SJMB.
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