Common use of More Restrictive Agreements Clause in Contracts

More Restrictive Agreements. Should any Borrower or any Guarantor enter into or modify any agreements or documents pertaining to any existing or future Indebtedness, Debt Offering or Equity Offering, which agreements or documents include covenants (whether affirmative or negative), warranties, representations, defaults or events of default (or any other provision which may have the same practical effect as any of the foregoing) which are individually or in the aggregate more restrictive against either Borrower, any Guarantor or their respective Subsidiaries than those set forth herein or in any of the other Loan Documents or which provide for a guaranty of the obligations thereunder by a Person that is not liable for the Obligations, the Borrowers shall promptly notify the Agent and, if requested by the Majority Banks, the Borrowers, the Agent, and the Majority Banks shall (and if applicable, the Borrower shall cause the Guarantors to) promptly amend this Agreement and the other Loan Documents to include some or all of such more restrictive provisions or provide for a guaranty of the Obligations by such Person as determined by the Majority Banks in their sole discretion.