AMENDMENT OF. ARTICLE 13. American Ski and the Borrowers hereby agree that the foregoing provisions of this Article 13 constitute an agreement among the Agent and the Lenders (and the Agent and the Lenders acknowledge that except for the provisions of Section 13.6, American Ski and the Borrowers are not parties to or bound by such foregoing provisions) and that any and all of the provisions of this Article 13 (excepting Section 13.6) may be amended at any time by the Lenders and the Agent without the consent or approval of, or notice to, American Ski and the Borrowers (other than the requirement of notice to American Ski and the Borrowers of the resignation of the Agent and the appointment of a successor Agent).
Appears in 2 contracts
Sources: Credit Agreement (American Skiing Co /Me), Credit Agreement (American Skiing Co /Me)