Common use of Consents Amendments and Waivers Clause in Contracts

Consents Amendments and Waivers. 12.9.1. No amendment or modification of any provision of this Agreement shall be effective without the prior written agreement of the Required Lenders, Borrowers and PLC, and no waiver of any Default or Event of Default shall be effective without the prior written consent of the Required Lenders; provided, however, that (i) without the prior written consent of Agent, no amendment or waiver shall be effective with respect to any provision in any of the Loan Documents (including this Section 12) to the extent such provision relates to the rights, duties, immunities or discretion of Agent; (ii) without the prior written consent of Fleet, no amendment or waiver with respect to the provisions of Sections 1.3 or 3.1.3 shall be effective; (iii) without the prior written consent of all Lenders, no waiver of any Default or Event of Default shall be effective if the Default or Event of Default relates to either Borrower's failure to observe or perform any covenant that may not be amended without the unanimous written consent of Lenders (and, where so provided hereinafter, the written consent of Agent) as hereinafter set forth in this Section 12.9.1; and (iv) written agreement of all Lenders (except a defaulting Lender as provided in Section 3.2) shall be required to effectuate any amendment, modification or waiver that would (a) alter the provisions of Sections 2.2, 2.4, 2.6, 2.7, 2.8, 2.9, 4.6, 4.7, 4.9, 4.10, 5.1, 12.9, 14.2, 14.3 or 14.16, (b) amend the definitions of "Pro Rata," "

Appears in 1 contract

Samples: Loan and Security Agreement (Danka Business Systems PLC)

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Consents Amendments and Waivers. 12.9.1. No amendment or modification of any provision of this Agreement shall be effective without the prior written agreement of the Required Lenders, Borrowers Lenders and PLCBorrower, and no waiver of any Default or Event of Default shall be effective without the prior written consent of the Required Lenders; provided, however, that (i) without the prior written consent of Agent, no amendment or waiver shall be effective with respect to any provision in any of the Loan Documents (including this Section 12) SECTION 12 to the extent that such provisions apply to Agent or to any other provision relates of any Loan Document as such provisions relate to the rights, duties, duties of immunities or discretion of Agent; (ii) no amendment to the provisions of SECTIONS 1.3 or 3.1.3 shall be effective without the prior written consent of Fleet, no amendment or waiver with respect to the provisions of Sections 1.3 or 3.1.3 shall be effective; (iii) without the prior written consent of all Lenders, no waiver of any Default or Event of Default shall be effective if the Default or Event of Default relates to either Borrower's failure to observe or perform any covenant that may not be amended without the unanimous written consent of Lenders (and, where so provided hereinafter, the written consent of Agent) as hereinafter set forth in this Section SECTION 12.9.1; and (iv) written agreement of all Lenders (except a defaulting Lender as provided in Section 3.2SECTION 3.2 of this Agreement) shall be required to effectuate any amendment, modification or waiver that would (a) alter the provisions of Sections SECTIONS 2.1, 2.2, 2.4, 2.6, 2.7, 2.8, 2.9, 4.6, 4.7, 4.9, 4.10, 5.1, 12.912, 13, 14.2, or 14.3 or 14.1614.14, (b) amend the definitions of "Availability Reserve," "Borrowing Base" and the other defined terms used in such definitions, "Pro Rata," "

Appears in 1 contract

Samples: Loan and Security Agreement (Toms Foods Inc)

Consents Amendments and Waivers. 12.9.1. No amendment or modification of any provision of this Agreement shall be effective without the prior written agreement of the Required Lenders, Borrowers Lenders and PLCBorrower, and no waiver of any Default or Event of Default shall be effective without the prior written consent of the Required Lenders; providedPROVIDED, howeverHOWEVER, that that, (i) without the prior written consent of Agent, no amendment or waiver shall be effective with respect to any provision in any of the Loan Documents DIP financing Agreements (including this Section 12SECTION 12 hereof) to the extent such provision relates to the rights, duties, duties or immunities or discretion of Agent; (ii) without the prior written consent of Fleet, no amendment or waiver with respect to the provisions of Sections 1.3 or 3.1.3 shall be effective; (iii) without the prior written consent of all Lenders, no waiver of any Default or Event of Default shall be effective if the Default or Event of Default relates to either Borrower's failure to observe or perform any covenant that may not be amended without the unanimous written consent of Lenders (and, where so provided hereinafter, the written consent of Agent) as hereinafter set forth in this Section SECTION 12.9.1; and (iviii) the written agreement of all Lenders (except a defaulting Lender as provided in Section 3.2) shall be required to effectuate any amendment, modification or waiver that would (a) alter the provisions of Sections 2.2, 2.4, SECTIONS 2.6, 2.7, 2.8, 2.94.5, 4.6, 4.7, 4.9, 4.10, 5.1, 12.912, 14.214.2 OR 14.3, 14.3 or 14.16, (b) amend the definitions of "Availability Reserve," "Borrowing Base" and the other defined terms used in such definition, "Pro Rata," "

Appears in 1 contract

Samples: Loan and Security Agreement (Drypers Corp)

Consents Amendments and Waivers. 12.9.1. No 12.9.1 Except to the extent an amendment or modification of any provision of this Agreement may be amended by Agent and Borrower without the consent of the Required Lenders as set forth below, no amendment or modification of any provision of this Agreement shall be effective without 127 the prior written agreement of the Required Lenders, Borrowers Lenders and PLCBorrower, and no waiver of any Default or Event of Default shall be effective without the prior written consent of the Required Lenders; provided, however, that (i) that, without the prior written consent of Agent, no amendment or waiver shall be effective with respect to any provision in any of the Loan Documents (including this Section 12) to the extent such provision relates to the rights, duties, immunities or discretion of Agent; (ii) without the prior written consent of Fleet, no amendment or waiver with respect to the provisions of Sections 1.3 or 3.1.3 shall be effective; (iii) without the prior written consent of all Lenders, no waiver of any Default or Event of Default shall be effective if the Default or Event of Default relates to either Borrower's failure to observe or perform any covenant that may not be amended without the unanimous written consent of Lenders (and, where so provided hereinafter, the written consent of Agent) as hereinafter set forth in this Section 12.9.1; and (iv) and, provided, further, Lenders may amend the provisions of this Section 12.9 without the written consent of Borrower. Notwithstanding the immediately preceding sentence, the written agreement of all Lenders (except a defaulting Lender as provided in Section 3.2) shall be required to effectuate any amendment, modification or waiver that would (a) alter the provisions of Sections 2.2, 2.4, 2.6, 2.7, 2.8, 2.9, 4.6, 4.7, 4.9, 4.10, 5.1, 12.9, 14.2, 14.3 or 14.16, (b) amend the definitions of "Pro Rata," "would:

Appears in 1 contract

Samples: Loan and Security Agreement (Dan River Inc /Ga/)

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Consents Amendments and Waivers. 12.9.1. No amendment or modification of any provision of this Agreement shall be effective without the prior written agreement of the Required Lenders, Borrowers Lenders and PLCBorrower, and no waiver of any Default or Event of Default shall be effective without the prior written consent of the Required Lenders; provided, -------- however, that (i) that, without the prior written consent of Agent, no amendment or waiver shall be effective with respect to any provision in any of the Loan Documents (including this Section 12) to the extent such provision relates to the rights, duties, immunities or discretion of Agent; (ii) without the prior written consent of Fleet, no amendment or waiver with respect to the provisions of Sections 1.3 or 3.1.3 shall be effective; (iii) without the prior written consent of all Lenders, no waiver of any ------- Default or Event of Default shall be effective if the Default or Event of Default relates to either Borrower's failure to observe or perform any covenant that may not be amended without the unanimous written consent of Lenders (and, where so provided hereinafter, the written consent of Agent) as hereinafter set forth in this Section 12.9.1; and (iv) . Notwithstanding the immediately preceding sentence, the written agreement of all Lenders (except a defaulting Lender as provided in Section 3.2) shall be required to effectuate any amendment, modification or waiver that would (a) alter the provisions of Sections 2.2, 2.4, 2.6, 2.7, 2.8, 2.9, 4.5, 4.6, 4.7, 4.9, 4.10, 5.1, 12.911.3.6 (the last paragraph), 14.212, 14.3 14.2 or 14.1614.3, (b) amend the definitions of "Availability Reserve," "Borrowing Base" and the other defined terms used in such definition, "Pro Rata," "

Appears in 1 contract

Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)

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