Further Modifications. The Administrative Agent may, from time to time, further modify the terms of, and practices contemplated by, this Agreement with respect to the Euro to the extent the Administrative Agent determines, in its reasonable discretion, that such modifications are necessary or convenient to reflect new laws, regulations, customs, or practices developed in connection with the Euro. The Administrative Agent may effect such modifications, and this Agreement shall be deemed so amended, without the consent of the Company or the Lenders to the extent such modifications are not materially disadvantageous to the Company and the Lenders, upon notice thereto.
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Sources: Credit Agreement (Veeco Instruments Inc), Credit Agreement (Veeco Instruments Inc)
Further Modifications. The Administrative Agent may, from time to time, further modify the terms of, and practices contemplated by, this Agreement with respect to the Euro euro to the extent the Administrative Agent determines, in its reasonable discretion, that such modifications are necessary or convenient to reflect new laws, regulations, customs, or practices developed in connection with the Euroeuro. The Administrative Agent may effect such modifications, and this Agreement shall be deemed so amended, without the consent of the Company or the Lenders to the extent such modifications are not materially disadvantageous to the Company and the Lenders, upon notice thereto.
Appears in 1 contract