Changes to Related Documents Sample Clauses
The "Changes to Related Documents" clause establishes the process and authority for modifying documents that are referenced or incorporated into the main agreement. Typically, this clause outlines who can propose or approve changes, how such changes must be communicated, and whether mutual consent is required. For example, it may apply to technical specifications, schedules, or policies that are attached to the contract. Its core function is to ensure that any updates to related documents are managed transparently and with proper authorization, thereby preventing misunderstandings or disputes over which version of a document is in effect.
Changes to Related Documents. If any amendment, consent, waiver or other modification with respect to a Related Document (other than a Defaulted Collateral Loan or an Ineligible Collateral Loan) would effect a Material Modification, then the Borrower shall not cause or vote in favor of any such Material Modification without the written consent of the Administrative Agent and the Required Lenders.
Changes to Related Documents. Notwithstanding anything to the contrary herein, in the performance of its obligations hereunder, the Borrower may enter into any amendment or waiver of or supplement to any Collateral Obligation; provided that the prior written consent of the Controlling Lenders to any such amendment, waiver or supplement shall be required if an Event of Default has occurred and is continuing or would result from such amendment, waiver or supplement.
Changes to Related Documents. If any amendment, consent, waiver or other modification with respect to a Related Document (other than an Ineligible Loan) would constitute a Material Modification and would cause the Maximum Advance Rate Test to not be satisfied, then the Collateral Manager shall not cause or vote in favor of any such Material Modification to occur without the written consent of the Administrative Agent and the Required Lenders (such consent not to be unreasonably withheld or delayed).
Changes to Related Documents. Notwithstanding anything to the contrary herein, in the performance of its obligations hereunder, the Borrower may enter into any amendment or waiver of or supplement to any Collateral Obligation; provided that the prior written consent of the Controlling Lenders to any such amendment, waiver or supplement shall be required if (i) an Event of Default has occurred and is continuing or would result from such amendment, waiver or supplement, (ii) such amendment, waiver or supplement, individually or together with all other such amendments, waivers and/or supplements, would result in a Material Adverse Effect, but only if such amendment, waiver or supplement causes any of the Overcollateralization Test or Collateral Quality Tests to cease to be in compliance (or, if any of the Overcollateralization Test or Collateral Quality Tests are not satisfied prior to such amendment, waiver and/or supplement, causes any such Overcollateralization Test or Collateral Quality Test to be worsened), or (iii) such amendment, waiver or supplement constitutes a Specified Change but only if such amendment, waiver or supplement causes any of the Overcollateralization Test or Collateral Quality Tests to cease to be in compliance (or, if any of the Overcollateralization Test or Collateral Quality Tests are not satisfied prior to such Specified Change, causes any such Overcollateralization Test or Collateral Quality Test to be worsened); provided further, that (x) in the case of clause (ii) and clause (iii), the required consent of the Controlling Lenders shall not be unreasonably withheld or delayed and (y) in the case of, and notwithstanding, clause (ii) and clause (iii), the Borrower may enter into any such amendment or waiver of or supplement to any Collateral Obligation without the consent of the Controlling Lender if the Portfolio Manager elects to classify such Collateral Obligation as a Defaulted Obligation for all purposes hereunder until such time as such Collateral Obligation receives an S&P Rating or Credit Estimate of “CCC” or better, a DBRS Rating of “CCC” or better, or a ▇▇▇▇▇’▇ Rating or Credit Estimate of “Caa2” or better. Any Collateral Obligation that, as a result of any amendment or supplement thereto, ceases to qualify as a Collateral Obligation will theretofore be treated as a Defaulted Obligation for so long as it remains unqualified to be a Collateral Obligation.
Changes to Related Documents. The Borrower shall not enter into any amendment, consent, waiver or other modification with respect to a Related Document without the prior written consent of the Facility Agent if such amendment, consent, waiver or other modification would effect a Specified Change, other than any Specified Change resulting from an amendment that the Borrower voted against or withheld its consent (a "Related Document Modification"); provided that during the Reinvestment Period the consent of the Facility Agent shall not be required if, after giving effect to such Related Document Modification, (w) the relevant Collateral Obligation would be eligible to be acquired by the Borrower hereunder, (x) a DBRS Rating is obtained, or updated, for such Collateral Obligation, (y) all Coverage Tests and Collateral Quality Tests would be satisfied (or if any such Collateral Quality Test is not satisfied, such Collateral Quality Test shall be maintained or improved) and (z) no Default or Event of Default shall have occurred and be continuing; provided further that if the Borrower requests the consent of the Facility Agent in connection with a Related Document Modification and the Borrower does not receive a response (either consenting or declining to consent) from the Facility Agent within 10 Business Days of its receipt of such request, then the Facility Agent shall be deemed to have consented to the relevant action.
Changes to Related Documents. The Borrower shall not enter into any amendment, consent, waiver or other modification with respect to a Related Document without the prior written consent of the Facility Agent if such amendment, consent, waiver or other modification would effect a Specified Change (a “Related Document Modification”); provided that the consent of the Facility Agent shall not be required if, after giving effect to such Related Document Modification, (x) the relevant Collateral Obligation would be eligible to be acquired by the Borrower hereunder, (y) a DBRS Rating is obtained, or updated, for such Collateral Obligation and (z) all Coverage Tests and Collateral Quality Tests would be satisfied (or if any such Collateral Quality Test is not satisfied, such Collateral Quality Test shall be maintained or improved).
Changes to Related Documents. The Borrower shall not consent to or execute any amendment, consent, waiver or other modification with respect to a Related Document (each, a “Related Document Modification”) that would effect a Specified Change without the prior written consent of the Administrative Agent; provided, however, with prior written notice to the Administrative Agent, the Borrower may enter into a Related Document Modification that effects a Specified Change to a Related Document without the prior written consent of the Administration Agent provided that such Collateral Loan thereafter shall be deemed to be a Defaulted Loan (unless the written consent of the Administrative Agent is obtained) as provided in clause (v) of the definition thereof or a Charged-Off Loan (unless the written consent of the Administrative Agent (at the direction of the Required Lenders) to such Specified Change is obtained) as provided in clause (ii) of the definition thereof, as applicable.
Changes to Related Documents. Not amend, supplement or otherwise modify, or consent to the amendment, supplement or modification of, the ILFC Purchase Contract, the Aircraft Lease, or the Consent, or waive performance or observance by any Person of its obligations under the ILFC Purchase Contract, Aircraft Lease, or Consent, without the prior written consent of the Lender. If an Unmatured Event of Default or an Event of Default has occurred and is continuing, promptly following a request from the Lender to do so, at the Borrower's expense, the Borrower shall take all such lawful action as the Lender may request to enforce or secure the performance by any Person of its obligations under or in respect of the ILFC Purchase Contract, Aircraft Lease or Consent in accordance with the respective terms thereof, and exercise any right, power, remedy or privilege available to the Borrower thereunder or in connection therewith to the extent and in the manner directed by the Lender, including, without limitation, the institution of legal proceedings to compel or enforce performance by such Person of its obligations thereunder or otherwise, or to recover any payment due to the Borrower thereunder or otherwise.