Common use of Structural Adjustments Clause in Contracts

Structural Adjustments. (a) In this Clause, a Structural Adjustment means: (i) the introduction of any additional tranche or facility into the Finance Documents (other than a Telenet Additional Facility Commitment); (ii) any increase in or addition of any Commitment (other than a Telenet Additional Facility Commitment), any extension of a Commitment’s availability (other than as contemplated in paragraphs (b) and (c) of the definition of Availability Period) or the redenomination of a Commitment into another currency; and (iii) any material changes to the Finance Documents which the Facility Agent agrees acting reasonably are consequential on any of the foregoing, but, for the avoidance of doubt, does not include a Retranching Adjustment. (b) Structural Adjustments may be approved with the consent of each of the following, subject to the provisions of the Intercreditor Agreement: (i) the Majority Lenders; and (ii) each Lender that is assuming a new Commitment (other than a Telenet Additional Facility Commitment) or an increased Commitment or whose Commitment’s availability is being extended or redenominated, or to whom any amount (including interest), which is being redenominated is due.

Structural Adjustments. (a) In this Clause, a Structural Adjustment means: (i) the introduction of any additional tranche or facility into the Finance Documents (other than a Telenet Additional Facility Commitment); (ii) any increase in or addition of any Commitment (other than a Telenet Additional Facility Commitment), any extension of a Commitment’s 's availability (other than as contemplated in paragraphs (b) and (c) of the definition of Availability Period) or the redenomination of a Commitment into another currency; and (iii) any material changes to the Finance Documents which the Facility Agent agrees acting reasonably are consequential on any of the foregoing, but, for the avoidance of doubt, does not include a Retranching Adjustment. (b) Structural Adjustments may be approved with the consent of each of the following, subject to the provisions of the Intercreditor Agreement: (i) the Majority Lenders; and (ii) each Lender that is assuming a new Commitment (other than a Telenet Additional Facility Commitment) or an increased Commitment or whose Commitment’s 's availability is being extended or redenominated, or to whom any amount (including interest), which is being redenominated is due.