Amendment of Subordinated Loan Documents. The Subordinated Loan Documents may be amended, extended, renewed, or replaced without the prior written consent of the Senior Lender so long as the total principal amount does not exceed $500,000.00.
Amendment of Subordinated Loan Documents. Except as otherwise specifically provided in the Subordination Agreement, Borrowers shall not cause or permit, directly or indirectly, any amendment, waiver, consent or modification of the Subordinated Loan Documents without the prior written consent of Lender; provided, however, that the foregoing shall not preclude any holder of the Subordinated Debenture from waiving any default by the Company under the Subordinated Debenture Purchase Agreement or the Subordinated Debenture or from waiving compliance by the Company with any provisions of the Subordinated Debenture Purchase Agreement or the Subordinated Debenture.
Amendment of Subordinated Loan Documents. Each of the Junior Lenders agrees that it will not, without the consent of the Most Senior Lender, amend its Subordinated Loan Documents so as to modify the financial terms thereof (including, without limitation, the amount of principal, rate of interest, dividends, fees and premiums, if any), shorten the maturity thereof, add or change any covenants in a manner more restrictive to Borrowers or any of the other Loan Parties, or implement any other modification to the Subordinated Loan Documents if such modification would be materially adverse to any More Senior Lender. For purposes of clarity, each of the Lenders agrees, to the extent such Lender constitutes a More Senior Lender as to certain other Lenders party to this Agreement, that all Junior Lenders as to whom such Lender constitutes a More Senior Lender may modify their applicable Subordinated Loan Documents as long as such modifications cause the terms of the relevant Subordinated Indebtedness to become less burdensome or less restrictive, or otherwise could not have a material adverse effect on the rights of any More Senior Lender.
Amendment of Subordinated Loan Documents. No holder of Subordinated Claims will enter into or accept any agreement to amend, supplement, terminate or otherwise change any of the Subordinated Loan Documents, except upon the prior written consent of the Required Senior Lenders.
