Print Page  Close Window

SEC Filings

S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
Entire Document
 
<PAGE>
 
remedies that they would otherwise have. No waiver of any provision of this
Agreement or consent to any departure by the Borrower therefrom shall in any
event be effective unless the same shall be permitted by paragraph (b) of this
Section, and then such waiver or consent shall be effective only in the specific
instance and for the purpose for which given. Without limiting the generality of
the foregoing, the making of a Loan or issuance of a Letter of Credit shall not
be construed as a waiver of any Default, regardless of whether any Agent, any
Lender or the Issuing Bank may have had notice or knowledge of such Default at
the time.

         (b) Neither this Agreement nor any other Loan Document nor any
provision hereof of thereof may be waived, amended or modified except pursuant
to an agreement or agreements in writing entered into by the Borrower and the
Required Lenders or by the Borrower and the Administrative Agent with the
consent of the Required Lenders; provided that no such agreement shall

             (i)   unless signed by all the Lenders with a Commitment of a
         Class, increase or decrease the Commitments of such Class (except for a
         ratable decrease in all the Commitments of such Class), or postpone the
         date fixed for the scheduled termination of any Commitment of such
         Class;

             (ii)  unless signed by all Lenders holding Loans of any Class,
         reduce the principal of or (except as expressly provided in the
         definitions of "Applicable Leverage Ratio" and "Applicable Rate") rate
         of interest on any Loans of, or fees with respect to, such Class,
         postpone the date fixed for any scheduled payment of such fees or the
         principal of or interest on any such Loans, increases the maximum
         duration of Interest Periods for any Loans, or decrease the aggregate
         amount by which such Loans are required to be repaid on any date
         scheduled pursuant to Section 2.09(a) or postpone any date for such
         repayment;

             (iii) unless signed by all Lenders with Revolving Commitments,
         reduce the amount of any LC Disbursement or of any interest thereon or
         any fees payable by reference to the Letters of Credit hereunder,
         postpone the date fixed for any payment of any LC Disbursement or any
         interest thereon or any fees payable by reference to the Letters of
         Credit hereunder or (except as expressly provided in Section 2.04) the
         expiry date of any Letter of Credit;

             (iv)  unless signed by all the Lenders, change any of the
         provisions of this Section or Section 9.04 or the definition of
         "Required Lenders" or any other provision hereof specifying the number
         or

                                       97