Prohibited Modification

Prohibited Modification. Means any Refinancing or modification to any of the Subordinate Loan Documents that would do any of the following: (1) increase the principal amount of the Subordinate Debt in excess of the amount permitted under the Senior Credit Agreement; (2) increase the Margin or similar component of the interest rate or yield provisions applicable to the Subordinate Debt (excluding increases resulting from the accrual of interest at the default rate) unless the Margin or similar component of the... interest rate with respect to the Senior Credit Agreement is increased by an equivalent amount; (3) change or add any default or Event of Default thereunder in a manner adverse to Borrower (other than to eliminate any such Event of Default or increase any grace period related thereto or otherwise make such Event of Default or condition less restrictive or burdensome on Borrower); (4) change (to earlier dates) any dates upon which payments of principal or interest are due thereon; (5) change the prepayment provisions thereof; (6) increase materially the obligations of Borrower to pay money to the Subordinate Creditors or to confer any additional material rights involving the payment of money by Borrower to the Subordinate Creditors (or a representative on their behalf) which would be adverse to Borrower or Bank; or (7) contravene the provisions of this Agreement. View More