Common use of Permitted Amendments Clause in Contracts

Permitted Amendments. “Permitted Amendments” means any or all of the following: (i) an extension of the Maturity Date applicable solely to the Loans and/or Commitments of the Accepting Lenders, (ii) an increase in the interest rate solely with respect to the Loans and/or Commitments of the Accepting Lenders, (iii) the inclusion of additional fees to be payable solely to the Accepting Lenders in connection with the Permitted Amendment (including any upfront fees), (iv) such conforming amendments to this Agreement and the other Loan Documents as shall be appropriate, in the reasonable judgment of the Agent, to provide the rights and benefits of this Agreement and other Loan Documents on a pari passu basis to each new Tranche resulting therefrom, and (v) such other conforming amendments to this Agreement and the other Loan Documents as shall be appropriate, in the reasonable judgment of the Agent, to give effect to the foregoing Permitted Amendments; provided that the Agent shall be permitted to seek the approval of the Majority Lenders of any proposed amendment pursuant to the foregoing clauses (iv) or (v) as the Agent, in its sole discretion, deems appropriate.