Coach 2006 Annual Report Download - page 134

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(a) without the written consent of the Borrower and each Lender directly affected thereby:
(i) reduce or forgive the principal amount of any Loans or Reimbursement Obligations, or reduce the rate of interest on the Notes
or the amount of the Commitment Fee or Letter of Credit Fees, including, for purposes of calculation of the Applicable Margin, as a result
of a change in the definition of Fixed Charge Ratio or any of the components thereof or the method of calculation thereto (it being understood
that any change to the definition of Fixed Charge Ratio or any of the components thereof or the method of calculation thereto for purposes of
calculating the covenant in Section 10 hereof shall only require the written consent of the Borrower and the Required Lenders), but
excluding interest accruing pursuant to Section 5.11.2 following the effective date of any waiver by the Required Lenders of the Default or
Event of Default relating thereto;
(ii) increase the amount of such Lender's Commitment or extend the expiration date of such Lender's Commitment; and
(iii) postpone or extend the Revolving Credit Loan Maturity Date (subject to Section 2.1(c)) or any other regularly scheduled dates
for payments of principal of, or interest on, the Loans or Reimbursement Obligations or any Fees or other amounts payable to such Lender
(it being understood that (A) a waiver of the application of the default rate of interest pursuant to Section 5.11.2, (B) any vote to rescind
any acceleration made pursuant to Section 13.1 of amounts owing with respect to the Loans and other Obligations and (C) any
modifications of the provisions relating to amounts, timing or application of prepayments of Loans and other Obligations shall require only
the approval of the Required Lenders);
(b) without the written consent of all of the Lenders, amend or waive this Section 16.12 or the definition of Required Lenders;
(c) without the written consent of the Administrative Agent, amend or waive Section 14, the amount or time of payment of the
Administrative Agent's Fee payable for the Administrative Agent's account or any other provision applicable to the Administrative Agent; and
(d) without the written consent of the Swing Line Lender, amend or waive Section 2.6.2, the amount or time of payment of the Swing Line
Loans or any other provision applicable to the Swing Line Lender; and
(e) without the written consent of the Issuing Lender, amend or waive any Letter of Credit Fees payable for the Issuing Lender's account or
any other provision applicable to the Issuing Lender.
No waiver shall extend to or affect any obligation not expressly waived or impair any right consequent thereon. No course of dealing or delay or
omission on the part of the Administrative Agent, any Issuing Lender, the Swing Line Lender or any Lender in exercising any right shall operate as a
waiver thereof or otherwise be prejudicial thereto. No notice to or demand upon the Borrower shall entitle the Borrower to other or further notice or
demand in similar or other circumstances.
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