Common use of Changes Relating to Subordinated Debt Clause in Contracts

Changes Relating to Subordinated Debt. Neither Borrower ------------------------------------- nor any other Credit Party shall change or amend the terms of the Bridge Notes, the Senior Subordinated Notes, the Bridge Note Purchase Agreement, the Senior Subordinated Note Agreement or any other Subordinated Indebtedness (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (a) increase the interest rate on such Subordinated Indebtedness; (b) change the dates upon which payments of principal or interest are due on such Subordinated Indebtedness other than to extend such dates; (c) change any default or event of default other than to delete or make less restrictive any default provision therein; (d) change or add any covenant with respect to such Subordinated Indebtedness other than to make less restrictive any such covenant; (d) change the redemption or prepayment provisions of such Subordinated Indebtedness other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (e) grant any security or collateral to secure payment of such Subordinated Indebtedness; or (f) change or amend any other term if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Subordinated Indebtedness in a manner adverse to any Credit Party, the Administrative Agent or any Lender.

Changes Relating to Subordinated Debt. Neither the Borrower ------------------------------------- nor any other Credit Party of its Restricted Subsidiaries shall change or amend the terms of the Bridge Notes, the Senior any Subordinated Notes, the Bridge Note Purchase Agreement, the Senior Subordinated Note Agreement or any other Subordinated Indebtedness Debt (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (a) increase the interest rate on such Subordinated IndebtednessDebt; (b) change the dates upon which payments of principal or interest are due on such Subordinated Indebtedness Debt other than to extend such dates; (c) change any default or event of default or covenant other than to delete or make less restrictive any default or covenant provision therein; (d) change , or add any covenant with respect to such Subordinated Indebtedness other than to make less restrictive any such covenantDebt; (d) change the redemption or prepayment provisions of such Subordinated Indebtedness Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (e) grant any security security, collateral or collateral guaranty to secure payment of such Subordinated IndebtednessDebt; or (f) change or amend any other term if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Subordinated Indebtedness Debt in a manner adverse to the Borrower, any Credit PartyRestricted Subsidiary, the Administrative Agent or any Lender.

Changes Relating to Subordinated Debt. Neither Borrower ------------------------------------- nor any other No Credit Party shall (a) change or amend the terms of the Bridge Notes, the Senior any Subordinated Notes, the Bridge Note Purchase Agreement, the Senior Subordinated Note Agreement or any other Subordinated Indebtedness Debt (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (ai) increase the interest rate on such Subordinated IndebtednessDebt; (bii) change the dates upon which payments of principal or interest are due on such Subordinated Indebtedness Debt other than to extend such dates; (ciii) change any default or event of default other than to delete or make less restrictive any default provision therein; (d) change , or add any covenant with respect to such Subordinated Indebtedness other than to make less restrictive any such covenantDebt; (div) change the redemption or prepayment provisions of such Subordinated Indebtedness Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (ev) grant any security or collateral to secure payment of such Subordinated IndebtednessDebt in which Agent does not have a first priority perfected security interest for the benefit of Lenders; or (fvi) change or amend any other term if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Subordinated Indebtedness Debt in a manner adverse to any Credit Party, the Administrative Agent or any Lender; or (b) prepay, defease or purchase any Subordinated Debt except as permitted in Section 6.14.

Changes Relating to Subordinated Debt. Neither Borrower ------------------------------------- nor any other No Credit Party shall change or amend the terms of the Bridge Notes, the Senior Subordinated Notes, the Bridge Note Purchase Agreement, the Senior Subordinated Note Agreement or any other Subordinated Indebtedness Debt (or any indenture or agreement in connection therewith) if the effect of such amendment is to: (a) increase the interest rate on such Subordinated IndebtednessDebt; (b) change the dates upon which payments of principal or interest are due on such Subordinated Indebtedness Debt other than to extend such dates; (c) change any default or event of default other than to delete or make less restrictive any default provision therein; (d) change , or add any covenant with respect to such Subordinated Indebtedness other than to make less restrictive any such covenantDebt; (d) change the redemption or prepayment provisions of such Subordinated Indebtedness Debt other than to extend the dates therefor or to reduce the premiums payable in connection therewith; (e) grant any security or collateral to secure payment of such Subordinated IndebtednessDebt; (f) change the subordination provisions thereof; (g) amend the financial covenants of such Subordinated Debt to make them more restrictive; or (fh) change or amend any other term if such change or amendment would materially increase the obligations of the obligor or confer additional material rights to the holder of such Subordinated Indebtedness Debt in a manner adverse to any Credit Party, the Administrative Agent, Documentation Agent or any Lender.