Common use of Variations, waivers etc Clause in Contracts

Variations, waivers etc. requiring agreement of all Lenders. As regards the following, Clause 28.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”: (a) a reduction in the Margin; (b) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees or other sum payable under this Agreement or the Note; (c) an increase in any Lender’s Commitment; (d) a change to the definition of “Majority Lenders”; (e) a change to Clause 3 or this Clause 28; (f) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (g) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.

Variations, waivers etc. requiring agreement of all Lenders. As Lenders However, as regards the following, Clause 28.1 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”: (a) a reduction in the Marginrate of interest referred to in Clause 5.1; (b) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees or other sum payable under this Agreement or the NoteAgreement; (c) an increase in any Lender’s Commitment; (d) a change to the definition of “Majority Lenders”; (e) a change to Clause 3 or this Clause 2827; (fe) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (gf) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.

Variations, waivers etc. requiring agreement of all Lenders. As Lenders However, as regards the following, Clause 28.1 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every LenderLender and the Swap Bank”: (a) a reduction in the Margin; (b) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees or other sum payable under this Agreement or the NoteAgreement; (c) an increase in any Lender’s Commitment; (d) a change to the definition of “Majority Lenders”; (e) a change to Clause 3 or this Clause 2827; (f) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (g) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.

Variations, waivers etc. requiring agreement of all Lenders. As However, as regards the following, Clause 28.1 applies 27.1applies as if the words “"by the Agent on behalf of the Majority Lenders” " were replaced by the words “"by or on behalf of every Lender”Lender and the Swap BankBanks ": (a) a reduction in the Margin; (b) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees or other sum payable under this Agreement or the NoteAgreement; (c) an increase in any Lender’s 's Commitment; (d) a change to the definition of “"Majority Lenders”"; (e) a change to Clause 3 or this Clause 2827; (f) any release of, or material variation to, a Security Interestinterest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (g) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s 's consent is required.

Variations, waivers etc. requiring agreement of all Lenders. As However, as regards the following, Clause 28.1 27.1 applies as if the words “"by the Agent on behalf of the Majority Lenders” " were replaced by the words “"by or on behalf of every Lender”Lender and the Swap Bank": (a) a reduction in the Margin; (b) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees or other sum payable under this Agreement or the NoteAgreement; (c) an increase in any Lender’s 's Commitment; (d) a change to the definition of “"Majority Lenders”"; (e) a change to Clause 3 or this Clause 2827; (f) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (g) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s 's consent is required.

Variations, waivers etc. requiring agreement of all Lenders. As Lenders However, as regards the following, Clause 28.1 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every LenderLender and every Swap Bank”: (a) a reduction in the Margin; (b) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees or other sum payable under this Agreement or the NoteAgreement; (c) an increase in any Lender’s Commitment; (d) a change to the definition of “Majority Lenders”; (e) a change to Clause 3 or this Clause 2827; (f) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (g) any other change or matter as regards in respect of which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.

Variations, waivers etc. requiring agreement of all Lenders. As However, as regards the following, Clause 28.1 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”: (a) a reduction in the MarginMargin or a change to the definition of “Mandatory” Cost or to Schedule 6; (b) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees or other sum payable under this Agreement or the NoteAgreement; (c) an increase in any Lender’s 's Commitment; (d) a change to the definition of “Majority Lenders”; (e) a change to Clause 3 or this Clause 2827; (f) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (g) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s 's consent is required.