Common use of Modifications of Certain Documents Clause in Contracts

Modifications of Certain Documents. The Company will not, and will not permit any of its Restricted Subsidiaries to, consent to any amendment or waiver of any of the documents or agreements evidencing or governing any Senior Subordinated Notes, any Senior Notes or, after the issuance thereof in accordance with the requirements of Section 7.01(b) or (c), as applicable, any Refunding Indebtedness in a manner that is adverse in any material respect to the Lenders. Without limiting the generality of the foregoing, except for Guarantees by Restricted Subsidiaries of the Company required by the Senior Subordinated Notes Indentures, any New Senior Subordinated Notes Indenture, any New Senior Notes Indenture or the Senior Notes Indentures, as the case may be, the Company will not permit any Restricted Subsidiary to Guarantee any other Subordinated Indebtedness without the prior consent of the Required Lenders.

Appears in 13 contracts

Sources: Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De)

Modifications of Certain Documents. The Company Borrower will not, and will not permit any of its Restricted Subsidiaries to, consent to any amendment modification, supplement or waiver of any of the provisions of any documents or agreements evidencing or governing any the Senior Secured Notes or Senior Subordinated NotesNotes (or any Refunding Indebtedness) without the prior consent of the Required Lenders, any Senior Notes orprovided that, after subject to the issuance thereof in accordance with the requirements last paragraph of Section 7.01(b) or (c6.11(a), the Borrower may supplement the Senior Subordinated Notes Indenture in order to add or delete Subsidiaries as applicable, any Refunding Indebtedness in a manner that is adverse in any material respect to guarantors thereunder as required or permitted by the terms thereof without the prior consent of the Required Lenders. Without limiting the generality of the foregoing, except for Guarantees by Restricted Subsidiaries of the Company Borrower required by the Senior Subordinated Notes Indentures, any New Senior Subordinated Notes Indenture, any New Senior Notes Indenture or the Senior Notes Indentures, as the case may be, the Company Borrower will not permit any Restricted Subsidiary to Guarantee any other Subordinated Indebtedness without the prior consent of the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Lamar Advertising Co)