Amendment of Article I. The following new definition is hereby inserted in its proper alphabetical position in Article I of the Credit Agreement:
Amendment of Article I. The definition of "Stated Termination Date" is hereby amended by deleting the existing definition and substituting in lieu thereof the following:
Amendment of Article I. The definition of the following term contained in Article I of the Agreement is hereby deleted in its entirety and replaced by the definition below:
Amendment of Article I. Article I of the Agreement is hereby deleted in its entirety and a new Article I substituted therefor which shall read as follows:
Amendment of Article I. Article I of the Partnership Agreement is ---------------------- amended by:
(a) amending the definition of "Partnership" to read in is entirety as follows:
Amendment of Article I. The defined term “Escrow Agent” is hereby deleted in its entirety and replaced with the following: ““Escrow Agent” – Citibank, National Association.”
Amendment of Article I. Article I of the Original Indenture is amended to add the following definitions in appropriate alphabetical position:
Amendment of Article I. The definition of "Revolving Credit ---------------------- Commitment" is deleted and replaced with the following language: "Revolving Credit Commitment" means the obligation of Lender to make Revolving Loans to Borrower in an aggregate amount not to exceed $2,050,000, less the principal amount of any Loan that has been converted into shares of Series A Preferred pursuant to Article IX of this Agreement."
Amendment of Article I. 1. For the purposes of this Agreement, “co-production” means audio-visual creations of any length and in any medium, including feature, animation and documentary films, in accordance with the existing provisions in either country, intended for commercial release through theatres, television, videocassette, videodisc or by any other new forms of audio-visual production and distribution.
2. The cinematographic co-productions made under the provisions of this Agreement will be fully entitled to the benefits of the legislation governing the industry presently in effect or enacted in the future in either country. These benefits accrue solely to the producer of the country that grants them. Nonetheless, the competent authorities may limit the assistance specified under existing or future provisions in the country that grants it, in the case of co-productions where the financial contribution is not proportional with the technical and artistic participation. This limitation must be communicated to the co-producer concerned when the co- production project is approved.
3. Non-cinematographic audio-visual co-productions may benefit from this Agreement solely for the purpose of national accreditation, independently of the benefits ensuing from present or future provisions in either country.
4. Co-productions between the two countries must be approved by both countries, after consultation between the competent authorities: In Canada: the Department of Canadian Heritage In Spain: the Instituto de la Cinematografía y de las Artes Audiovisuales and the respective Administrations of the Comunidades Autónomas with respect to the co-producers based there.
Amendment of Article I. Article I of the Agreement is hereby amended by adding the following Sections to the Article:
