1Amendment to Credit Agreement Sample Clauses

1Amendment to Credit Agreement. The Existing Credit Agreement is amended to incorporate the revisions attached hereto as Exhibit A to this Amendment (the “Amendment Provisions”; the Existing Credit Agreement, after giving effect to the Amendment Provisions, shall be referred to as the “Amended Credit Agreement”). For the avoidance of doubt, this Amendment shall become effective on the Amendment Effective Date (as defined below). Notwithstanding anything herein to the contrary, if on the Amendment Effective Date there is any outstanding advance under the Existing Credit Agreement that is bearing interest at a rate determined in relation to LIBOR for any Interest Period (as those terms are defined in the Existing Credit Agreement) then such outstanding LIBOR advance shall continue to bear interest at such LIBOR based rate in accordance with the terms of the Existing Credit Agreement until the end of its Interest Period (such LIBOR advance shall continue to be subject to the Benchmark Replacement provisions in effect prior to the effectiveness of this Eighth Amendment). After the end of its Interest Period, such outstanding advance that had been bearing interest at a fixed rate determined in relation to LIBOR shall bear interest in accordance with the interest rate provisions of the Amended Credit Agreement (including the provision herein that requires Borrower to provide the Administrative Agent with prior notice in the event the Borrower wishes to select a SOFR rate option thereunder).
Sample 1
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Related to 1Amendment to Credit Agreement

  • Amendment to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Amendments to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Amendment to Existing Credit Agreement Subject to the occurrence of the Second Amendment Effective Date (as hereinafter defined), the Existing Credit Agreement is amended in accordance with this Article II.

  • Amendment to the Credit Agreement Effective as of the date first above written and subject to the execution of this Amendment by the parties hereto and the satisfaction of the conditions precedent set forth in Section 2 below, the Credit Agreement shall be and hereby is amended as follows:

  • Specific Amendments to Credit Agreement The parties hereto agree that the Credit Agreement is amended as follows:

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • Amendment and Restatement of Existing Credit Agreement Upon the execution and delivery of this Agreement, the Existing Credit Agreement shall be amended and restated to read in its entirety as set forth herein. With effect from and including the Effective Date, (i) the Commitments of each Lender party hereto shall be as set forth on Appendix A (and (a) to the extent that such Lender constitutes a lender under the Existing Credit Agreement (a “Consenting Lender”), such Consenting Lender’s commitment thereunder shall be terminated and replaced with its respective Commitment hereunder and (b) any lender under the Existing Credit Agreement that is not listed on Appendix A shall cease to be a Lender hereunder and its commitment thereunder shall be terminated; provided that, for the avoidance of doubt, such lender under the Existing Credit Agreement shall continue to be entitled to the benefits of Section 9.03 of the Existing Credit Agreement), (ii) all accrued and unpaid interest and fees and other amounts owing under the Existing Credit Agreement shall have been paid by the Borrower under the Existing Credit Agreement, whether or not such interest, fees or other amounts would otherwise be due and payable at such time pursuant to the Existing Credit Agreement, (iii) the Commitment Ratio of the Consenting Lenders shall be redetermined based on the Commitments set forth in the Appendix A and the participations of the Consenting Lenders in, and the obligations of the Consenting Lenders in respect of, any Letters of Credit or Swingline Loans outstanding on the Effective Date shall be reallocated to reflect such redetermined Commitment Ratio and (iv) each JLA Issuing Bank shall have the Fronting Sublimit set forth in Appendix B. Section 9.18

  • to Credit Agreement COLLATERAL REPORTS Borrower shall deliver or cause to be delivered the following:

  • Effect of Amendment and Restatement of the Existing Credit Agreement On the Closing Date, the Existing Credit Agreement shall be amended and restated in its entirety. The parties hereto acknowledge and agree that (a) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation or termination of the “Obligations” (as defined in the Existing Credit Agreement) under the Existing Credit Agreement as in effect immediately prior to the Closing Date and which remain outstanding and (b) the “Obligations” (as amended and restated hereby and which are hereinafter subject to the terms herein) are in all respects continuing.

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

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