Common use of Modification of Debt Clause in Contracts

Modification of Debt. Cancel or modify any Indebtedness owing to it, except for reasonable consideration in the ordinary course of its business or to the extent that it would not have a Material Adverse Effect on Borrower’s financial condition.

Appears in 5 contracts

Sources: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

Modification of Debt. Cancel or modify any Indebtedness debt owing to it, except for reasonable consideration in the ordinary course of its business or to the extent that it which would not have a Material Adverse Effect on Borrower’s 's financial condition.

Appears in 3 contracts

Sources: Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp)

Modification of Debt. Cancel or modify any Indebtedness debt owing to it, except for reasonable consideration in the ordinary course of its business or to the extent that it which would not have a Material Adverse Effect on Borrower’s financial condition.

Appears in 2 contracts

Sources: Loan and Security Agreement (Aerocentury Corp), Loan and Security Agreement (Aerocentury Corp)