Waiver and Consent

Waiver and Consent. Subject to Section 4 hereof, notwithstanding anything to the contrary in the Credit Agreement, the Agent and the Lenders hereby (a) consent to (i) the execution by the Borrower of the Agreement and Plan of Merger dated July 23, 2015 among the Borrower, MYL Investments (Delaware) Inc. and Parent, (ii) the acquisition of the Borrower by Parent and the resulting Change in Control and (iii) the Merger and (b) waive any Potential Event of Default or Event of Default under the Credit Agreement... resulting therefrom; provided, in each case, that (x) the Acquisition Date occurs on or before June 30, 2016 and (y) on the Acquisition Date, after giving effect to the Merger, Parent directly or indirectly owns 100% of the voting stock of the Borrower. If the Acquisition Date shall not have occurred on or before June 30, 2016, this waiver and consent shall be null and void and the amendments to the Credit Agreement set forth in Section 2 hereof shall not become effective. View More