Amendment Interest Sample Clauses

Amendment Interest. Notwithstanding the foregoing clauses (a) and (b) of this Section 1.2, the stated interest rate payable on the Notes from April 1, 2000 to and including September 29, 2000 shall be increased by 1.25% to an aggregate interest rate of 9.57% per annum plus applicable interest payable upon an Event of Default and shall continue to bear interest after September 29, 2000 at such rate for any and all periods during which (i) the Fixed Charges Coverage Ratio determined in accordance with Section 10.5 is less than 2.25 to 1.00 or (ii) any Event of Default shall exist and such additional amount shall be payable, with respect to each Note, as additional interest on the Notes on the next scheduled interest payment date. Such additional interest is in replacement of the interest payable pursuant to clauses (a) and (b) of this Section 1.2."
Sample 1
AutoNDA by SimpleDocs
Amendment Interest. Notwithstanding the foregoing clauses (a) and (b) of this Section 1.2, the stated interest rate payable on the Notes from April 1, 2000 to and including September 29, 2000 shall be increased by 1.25% to an aggregate amount of 8.5% per annum in respect of the Series A Notes, and 8.39% per annum in respect of the Series B Notes, plus applicable interest payable upon an Event of Default and shall continue to bear interest after September 29, 2000 at such rate for any and all periods during which (i) the Fixed Charges Coverage Ratio determined in accordance with Section 10.5 is less than 2.25 to 1.00 or (ii) any Event of Default shall exist and such additional amount shall be payable, with respect to each Note, as additional interest on the Notes on the next scheduled interest payment date. Such additional interest is in replacement of the interest payable pursuant to clauses (a) and (b) of this Section 1.2."
Sample 1

Related to Amendment Interest

  • Amendment Fees The Borrower agrees to pay to the Administrative Agent for the account of each Bank on the First Amendment Effective Date the upfront fees required to be paid on such date, as set forth in the 2023 Fee Letters.

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of April 21, 2011 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Amendment, Etc No amendment, modification or waiver of any provision of this Indenture relating to any Guarantor or consent to any departure by any Guarantor or any other Person from any such provision will in any event be effective unless it is signed by such Guarantor and the Trustee.

  • First Amendment The Administrative Agent shall have received multiple counterparts as requested of the this First Amendment from each Lender.

  • Amendment of Lease This lease may be amended only by an instrument in writing signed by Landlord and Tenant.

  • Amendment/Interpretive Provisions The parties by mutual written agreement may amend this Agreement at any time. In addition, in connection with the operation of this Agreement, Price Associates and the Fund may agree from time to time on such provisions interpretive of or in addition to the provisions of this Agreement as may in their joint opinion be consistent with the general tenor of this Agreement. Any such interpretive or additional provisions are to be signed by all parties and annexed hereto, but no such provision shall contravene any applicable Federal or state law or regulation and no such interpretive or additional provision shall be deemed to be an amendment of this Agreement.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • Amending Agreement The Trustees are directed to amend the Trust Agreement or the Pension Plan to be consistent with the provisions of this Agreement. The Trustees shall have discretion in acting on claims for benefits under the plan subject to review only in accordance with the arbitrary and capricious standard.

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • Contents of Agreement; Amendment and Assignment (a) This Agreement sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment approved by the Board and executed on its behalf by a duly authorized officer of the Company and by Executive. (b) All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of and be enforceable by the respective heirs, executors, administrators, legal representatives, successors and assigns of the parties hereto, except that the duties and responsibilities of Executive under this Agreement are of a personal nature and shall not be assignable or delegatable in whole or in part by Executive. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation, reorganization or otherwise) to all or substantially all of the business or assets of the Company, within 15 days of such succession, expressly to assume and agree to perform this Agreement in the same manner and to the same extent as the Company would be required to perform if no such succession had taken place.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!