Modification of Debt Sample Clauses

Modification of Debt. Cancel or modify any debt owing to it, except for reasonable consideration in the ordinary course of its business or which would not have a Material Adverse Effect on Borrower's financial condition.
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Modification of Debt. 98 7.3 [Reserved]. .............................................................................................................98 7.4 Payment of Subordinated Obligations ...................................................................99 7.5 Mergers ..................................................................................................................99 7.6
Sample 1
Modification of Debt. Cancel or modify any Indebtedness owing to it, except for reasonable consideration in the ordinary course of its business or to the extent that it would not have a Material Adverse Effect on Borrower’s financial condition. 7.3 [Reserved]. -99- Xxxxxx Lease Finance Corporation Fourth Amended and Restated Credit Agreement 7.4 Payment of Subordinated Obligations. Pay any (a) principal (including sinking fund payments) or any other amount (other than scheduled interest payments) with respect to any Subordinated Obligation, or purchase or redeem (or offer to purchase or redeem) any Subordinated Obligation, or deposit any monies, securities or other Property with any trustee or other Person to provide assurance that the principal or any portion thereof of any Subordinated Obligation will be paid when due or otherwise to provide for the defeasance of any Subordinated Obligation or (b) scheduled interest on any Subordinated Obligation unless the payment thereof is then permitted pursuant to the terms of the indenture or other agreement governing such Subordinated Obligation; provided that Borrower and its Subsidiaries shall be permitted to pay regularly scheduled payments of principal and interest on Subordinated Obligations so long as no Event of Default is then continuing. 7.5
Sample 1
Modification of Debt. The Borrowers and the Parent will not, nor will they permit their Subsidiaries to, (a) amend or otherwise modify the terms of any of the documents pertaining to the Subordinated Debt or (b) prepay, redeem or repurchase (i) the Senior Notes or (ii) the Subordinated Debt, other than prepayments of the Senior Notes so long as no Event of Default has occurred and is continuing or would result from such prepayment.
Sample 1
Modification of Debt. Section 1.1.10 of the Agreement is deleted in its entirety and the following is substituted in lieu thereof:
Sample 1

Related to Modification of Debt

  • MODIFICATION OF CONTRACT This Contract may be supplemented, amended or modified only by a writing signed by both Parties. No oral conversation, promise or representation by or between any officer or employee of the Parties shall modify any of the terms or conditions of this Contract. COMMISSION shall not be deemed to have approved or consented to any alteration of the terms of this Contract, including its Exhibits, by virtue of COMMISSION’s review and approval of, or failure to object to, contracts or other business transactions entered into by CONTRACTOR.

  • Modification of Agreement This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto.

  • Modification of Schedules 1. A Party may modify or withdraw any commitment in its Schedule, at any time after three years from the date on which that commitment has entered into force provided that:

  • Modification of the Agreement Notwithstanding any of the provisions of this Agreement, the parties may agree to amend this Agreement. No alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by the parties hereto. No oral understanding or agreement not incorporated herein shall be binding on any of the parties hereto.

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