Common use of Modifications to Material Contracts Clause in Contracts

Modifications to Material Contracts. The Credit Parties shall not enter into, without the prior written consent of the Required Lenders, any amendment or modification to any Material Contract or default in the performance of any of its respective obligations under any Material Contract or cancel or terminate any Material Contract prior to its stated maturity. For the avoidance of doubt, the granting of consents to leases or subleases of immaterial portions of any Borrowing Base Asset which do not interfere in any material respect with such Borrowing Base Asset or the business of such Credit Party shall not be deemed an "amendment or modification" for purposes of this Section 8.8.

Modifications to Material Contracts. The Credit Parties No Loan Party shall not enter into, without the prior written consent of the Required Lenders, any amendment or modification to any Material Contract or default in the performance of any of its respective obligations under any Material Contract or cancel or terminate any Material Contract prior to its stated maturitymaturity to the extent such amendment or modification is detrimental to the Lenders. For the avoidance of doubt, the granting of consents to leases or subleases of immaterial portions of any Borrowing Base Asset which do not interfere in any material respect with such Borrowing Base Asset or the business of such Credit Loan Party shall not be deemed an "“amendment or modification" ” for purposes of this Section 8.87.08.