Common use of Second Lien Debt Clause in Contracts

Second Lien Debt. No Loan Party shall amend, modify or waive, in any manner which is materially adverse to the Lenders, any provision of any Second Lien Loan Document without the prior written consent of the Administrative Agent. (u) Section 7.01 (Events of Default) of the Credit Agreement is hereby amended by deleting “and” at the end of clause (h) therein and inserting new clauses (j), (k) and (l) as follows:

Appears in 2 contracts

Sources: Credit Agreement (Penn Virginia Corp), Credit Agreement