Security Document Amendments and Waivers Sample Clauses

Security Document Amendments and Waivers. Notwithstanding anything to the contrary contained in any Security Document, except (i) as expressly provided in this Agreement, (ii) as expressly provided in the applicable Security Document as in effect on the date of its effectiveness or as amended in accordance with the terms hereof or (iii) except for amendments or modifications to Security Documents solely to provide that the obligations evidenced by the Additional Senior Note Documents or the Additional Loan Documents are ratably secured by the Collateral, no Security Document may be amended, modified, canceled or terminated, and no consent, waiver, determination or approval by the Collateral Agent shall be effective for purposes of such Security Document, without the written consent of the Required Secured Creditors; provided however, that no such consent, waiver, approval, amendment, modification, cancellation, or termination shall, without the written consent of all affected Senior Note Creditors and Bank Creditors, have the effect of releasing all or substantially all of the Collateral; provided, further, that nothing in this Section 8.1 shall limit the provisions of Section 1.2(a)(2) of the 2013 Note Agreement and the obligations of the holders of the 2013 Senior Notes in connection therewith. Each Secured Creditor hereby authorizes the Collateral Agent to execute and deliver any amendments and modifications of the type described in clause (iii) of the preceding sentence. Any such consent, waiver, approval, amendment, modification, cancellation, or termination shall apply equally to each of the Secured Creditors and shall be binding upon the parties to the Security Documents, the Collateral Agent and all future holders of the Obligations. The Collateral Agent shall, as soon as practicable, furnish a copy of each such amendment, modification, cancellation, termination, consent, waiver, or approval to each Secured Creditor. The Collateral Agent shall be permitted to release any lien on any Collateral pursuant to the express terms of the Security Documents or that is transferred or to be transferred as part of or in connection with any transaction permitted under each of the 2012 Credit Agreement, the 2013 Note Agreement, each Additional Credit Agreement and each Additional Note Agreement or otherwise approved hereunder.
Sample 1
AutoNDA by SimpleDocs

Related to Security Document Amendments and Waivers

  • Modifications, Amendments and Waivers This Agreement may not be modified or amended, or any provision thereof waived, except in a writing signed by all the parties to this Agreement.

  • Amendments, Supplements and Waivers Section 9.01.

  • Amendments and Waivers (a) If the ICANN Board of Directors determines that an amendment to this Agreement (including to the Specifications referred to herein) and all other registry agreements between ICANN and the Applicable Registry Operators (the “Applicable Registry Agreements”) is desirable (each, a “Special Amendment”), ICANN may adopt a Special Amendment pursuant to the requirements of and process set forth in this Section 7.6; provided that a Special Amendment may not be a Restricted Amendment.

  • Consents Amendments and Waivers Any term of this Agreement may be amended, and the observance of any term hereof may be waived (either generally or in a particular instance), only with the written consent of the 63% in Interest Purchasers and the written consent of the Company. Any amendment or waiver effected in accordance with this Section 8.8 shall be binding upon each of the parties hereto.

  • Amendments and Waiver No modification of or amendment to this Agreement shall be valid or binding unless set forth in writing and duly executed by both of the parties hereto and no waiver of any breach of any term or provision of this Agreement shall be effective or binding unless made in writing and signed by the party purporting to give the same and, unless otherwise provided, shall be limited to the specific breach waived.

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

  • Amendment and Waivers Any term or provision of this Agreement may be amended, and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a writing signed by the party to be bound thereby. The waiver by a party of any breach hereof for default in payment of any amount due hereunder or default in the performance hereof shall not be deemed to constitute a waiver of any other default or any succeeding breach or default.

  • Modifications, Waivers, Amendments and Consents (a) Subject to this Section 3.21, the Servicer may agree to any modification, waiver, forbearance, or amendment of any term of any Mortgage Loan without the consent of the Trustee or any Certificateholder. All modifications, waivers, forbearances or amendments of any Mortgage Loan shall be in writing and shall be consistent with Customary Servicing Procedures.

  • Modifications; Amendments; Waivers The terms and provisions of this Agreement may not be modified or amended, nor may any provision be waived, except pursuant to a writing signed by the Corporation and the holders of at least a majority of the Registrable Shares then outstanding.

  • Collateral Documents and Guaranty (a) The Secured Parties irrevocably authorize the Collateral Agent, at its option and in its discretion,

Time is Money Join Law Insider Premium to draft better contracts faster.