Common use of Amendments to Transaction Documents Clause in Contracts

Amendments to Transaction Documents. The Borrower will not, and will not permit any other Secured Loan Party to, amend, supplement or otherwise modify (pursuant to a waiver or otherwise) the terms and conditions of the Transaction Documents such that after giving effect thereto such indemnities or licenses, taken as a whole, shall be materially less favorable, taken as a whole, to the interests of the Secured Loan Parties or the Lender with respect thereto.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (Chrysler Group LLC), Loan Agreement (Chrysler Group LLC)

Amendments to Transaction Documents. The Borrower will not, and will not permit any other Secured Loan Party Group Member to, amend, supplement or otherwise modify (pursuant to a waiver or otherwise) the terms and conditions of the Transaction Documents such that after giving effect thereto such indemnities or licenses, taken as a whole, shall be materially less favorable, taken as a whole, to the interests of the Secured Loan Parties or the Lender with respect thereto.

Appears in 3 contracts

Sources: First Lien Credit Agreement (Chrysler Group LLC), First Lien Credit Agreement (Chrysler Group LLC), First Lien Credit Agreement