Modification of Debt Agreements Sample Clauses

Modification of Debt Agreements. Neither Group nor the Borrower shall, nor shall they permit any of their respective Subsidiaries to, change or amend the terms of the Senior Note Documents (or any indenture, agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) increase the interest rate payable in cash on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such Indebtedness unless a corresponding covenant is added hereunder, (d) change the subordination provisions, if any, of such Indebtedness, (e) change the redemption or prepayment provisions of such Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith or (f) change or amend any term (including any covenant) if such change or amendment would increase the obligations of the obligor or confer additional rights to the holder of such Indebtedness or Security in a manner materially adverse to any Warnaco Entity, the Facility Agents or any Lender.
AutoNDA by SimpleDocs
Modification of Debt Agreements. The Borrower shall not, nor shall it permit any of its Subsidiaries to, change or amend the terms of the 2022 Subordinated Note Indenture, the 2025 Subordinated Note Indenture, or any other subordinated notes or other subordinated debt securities (or any indenture or agreement or other material document entered into in connection therewith) if the effect of such amendments, taken as a whole, is to change or amend the terms thereof in a manner materially adverse to the interests of the Secured Parties under the Loan Documents or in the Collateral.
Modification of Debt Agreements. Amend, modify or change in any manner materially adverse to the interest of the Lenders any term or condition of (i) any Material Indebtedness (other than as a result of a Permitted Refinancing thereof and in any event excluding the First Lien Term Facility, the Second Lien Term Facility and any Permitted Refinancing thereof and any Indebtedness hereunder) without the consent of the Administrative Agent (not to be unreasonably withheld or delayed) or (ii) the First Lien Term Facility, the Second Lien Term Facility or any refinancing Indebtedness in respect thereof that would (A) shorten the maturity date of the First Lien Term Facility, the Second Lien Term Facility or such refinancing Indebtedness (as the case may be) to a date which is prior to ninety-one (91) days after the Latest Maturity Date or (B) shorten the date scheduled for any principal payment or increase the amount of any required principal payment, the result of which would be to require principal payments on account thereof in excess of the amounts previously required over the twenty-four (24) months following such amendment, modification or waiver.
Modification of Debt Agreements. Except as permitted under this Agreement, no Loan Party shall change or amend the terms of any agreement, or any indenture or other material document evidencing any Indebtedness, (other than the Term Loan Documents which shall be subject to the terms of the Intercreditor Agreement), if the effect of such amendment is to (a) increase the interest rate on such Indebtedness, (b) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (c) change any default or event of default other than to delete or make less restrictive any default provision therein, or add any covenant with respect to such debt agreement, (d) change the redemption or prepayment provisions of such agreement other than to extend the dates therefor or to reduce the premiums or other amounts payable in connection therewith or (e) change or amend any other term if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness in a manner materially adverse to the Secured Parties.
Modification of Debt Agreements. 93 Section 8.13 Accounting Changes; Fiscal Year............................................ 93 Section 8.14 Margin Regulations......................................................... 93 Section 8.15 Operating Leases; Sale/Leasebacks.......................................... 93
Modification of Debt Agreements. Amend, modify or change in any manner materially adverse to the interest of the Lenders any term or condition of (i) any Material Indebtedness (other than as a result of a Permitted Refinancing thereof and in any event excluding the Term Facility and any Permitted Refinancing thereof and any Indebtedness hereunder) without the consent of the Administrative Agent (not to be unreasonably withheld or delayed) or (ii) the Term Facility or any refinancing Indebtedness in respect thereof that would (A) shorten the maturity date of the Term Facility or such refinancing Indebtedness to a date which is prior to ninety-one (91) days after the Latest Maturity Date or (B) shorten the date scheduled for any principal payment or increase the amount of any required principal payment, the result of which would be to require principal payments on account thereof in excess of the amounts previously required over the twenty-four (24) months following such amendment, modification or waiver.
Modification of Debt Agreements and modifications that do not materially affect the rights and privileges of the Borrower or any of its Subsidiaries under such Related Document and that do not materially affect the interests of the Secured Parties under the Loan Documents or in the Collateral) or (b) permit any breach or default to exist under any Related Document or take or fail to take any action thereunder, if to do so could reasonably be expected to have a Material Adverse Effect.
AutoNDA by SimpleDocs
Modification of Debt Agreements. Neither Group nor the Borrower shall, nor shall they permit any of their respective Subsidiaries to, change or amend the terms of any of the Term Loan Documents (or any indenture, agreement or other material document entered into in connection therewith) if the effect of such change or amendment is to (w) increase (or permit the increase in) the aggregate principal amount of the Term Loans beyond the amount permitted under Section 8.1(b) or (x) change the final maturity date of any of the Term Loans to a date that is less than six months after the Revolving Loan Maturity Date (as defined in the U.S. Facility) or (y) cause the Weighted Average Life to Maturity of the Term Loans (or any class thereof), calculated as of the effective date of such change or amendment, to be less than the sum of (1) the remaining scheduled term of the U.S. Facility as of such date plus (2) six months or (z) contravene any of the terms of the Intercreditor Agreement.
Modification of Debt Agreements. Neither Group nor the Borrowers shall, nor shall they permit any of their respective Subsidiaries to, change or amend the terms of any Specified Indebtedness (or any indenture, agreement or other material document entered into in connection therewith) if the effect of such amendment is to (a) change the subordination provisions, if any, of such Indebtedness or (b) change or amend any Qualifying Debt in a manner that it causes it to no longer be classified as Qualifying Debt.
Modification of Debt Agreements. None of the Borrowers shall, nor shall they permit any of their respective Subsidiaries to, change or amend the terms of the Subordinated Notes Documents or any Permitted Refinancing thereof if the effect of such amendment is to (a) change the dates upon which payments of principal or interest are due on such Indebtedness other than to extend such dates, (b) change any default or event of default other than to delete or make less restrictive any default provision therein, (c) change the subordination provisions of such Indebtedness in any manner materially adverse to the Lenders or (d) change or amend any other material term if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Indebtedness in a manner materially adverse to the interests of the Lenders under the Loan Documents.
Time is Money Join Law Insider Premium to draft better contracts faster.