Credit Facility Documents. Except as otherwise provided in the Intercreditor Agreement, change or permit any Subsidiary to change or amend (or take any action or fail to take any action the result of which is an effective amendment or change) or accept any waiver or consent with respect to, any Credit Facility Document that would result in (a) an increase in the principal (other than as specifically provided by Section 7.9), interest, overdue interest, fees or other amounts payable under any Credit Facility Document, (b) an acceleration of any date fixed for payment or prepayment of principal, interest, overdue interest, fees or other amounts payable under any Credit Facility Document, (c) the terms and provisions of the Credit Facility Documents, including without limitation the negative covenants and the events of default, being more restrictive to the Company and its Subsidiaries than the terms and provisions of this Agreement, or (d) the Company or any Subsidiary being subject to any prohibition or limitation on making any payment or prepayment under the Financing Documents.
Appears in 2 contracts
Sources: Note Purchase Agreement (Spartech Corp), Note Purchase Agreement (Spartech Corp)