Common use of Material Amendments Clause in Contracts

Material Amendments. Each Borrower will not, and will not permit any of its Subsidiaries, to enter into any material amendment, waiver or modification of (a) any Material Contract that is adverse to the interests of Agent and Lenders and (b) any of the 2021 Note Purchase Documents (i) that is adverse to the interests of Agent and Lenders and (ii) without delivering a copy of such amendment, modification or supplement to Agent.

Appears in 2 contracts

Samples: Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.)

AutoNDA by SimpleDocs

Material Amendments. Each Borrower will not, and will not permit any of its Subsidiaries, to enter into any material amendment, waiver or modification of (a) any Material Contract that is adverse to the interests of Agent and Lenders and (b) any of the 2021 Note Purchase Ares Term Loan Documents (i) that is adverse except to the interests of Agent and Lenders extent not prohibited under the Intercreditor Agreement and (ii) without delivering a copy of such amendment, modification or supplement to Agent.

Appears in 2 contracts

Samples: Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.)

AutoNDA by SimpleDocs

Material Amendments. Each Borrower will not, and will not permit any of its Subsidiaries, to enter into any material amendment, waiver or modification of (a) any Material Contract that is adverse to the interests of Agent and Lenders and (b) any of the 2021 Ares Term Loan2021 Note Purchase Documents (i) that except to the extent not prohibited under the Intercreditor Agreementthat is adverse to the interests of Agent and Lenders and (ii) without delivering a copy of such amendment, modification or supplement to Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (ARKO Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.