AMENDMENT OF CIBC DEBENTURE Sample Clauses

AMENDMENT OF CIBC DEBENTURE. Effective upon the issuance of the Series Two Share and the Warrant, the CIBC Debenture shall be amended as follows automatically and without further formality: (a) the text of section 2.3 of the CIBC Debenture is amended by inserting a new second paragraph as follows: "Notwithstanding any other provision hereof, in the event of a Change of Control as a result of the exercise of that certain warrant (the "Specified Warrant") to be issued to USA Interactive ("USAI") or an Affiliate thereof pursuant to the terms of a subscription agreement (the "Subscription Agreement") dated March 21, 2003 entered into between USAI and the Borrower, the Borrower shall be entitled to prepay the Principal Amount of this Debenture together with all other amounts payable under this Debenture provided, for greater certainty, in this circumstance the Lender waives repayment of all accrued and unpaid interest (such that accrued interest is and shall be deemed to be nil). No Event of Default shall occur under this Debenture as a result of such Change of Control (including, for greater certainty, pursuant to Section 7.1.18 as a result of the exercise of the Specified Warrant) provided that the Borrower shall have prepaid this Debenture, in accordance with the preceding sentence, within 30 days of such Change of Control."; (b) the text of section 3.1 of the CIBC Debenture is amended by inserting a new second paragraph as follows:
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Related to AMENDMENT OF CIBC DEBENTURE

  • Execution of Debentures The Debentures shall be signed in the name and on behalf of the Company by the manual or facsimile signature of its Chairman of the Board of Directors, Chief Executive Officer, Vice Chairman, President, one of its Managing Directors or one of its Executive Vice Presidents, Senior Vice Presidents or Vice Presidents. Only such Debentures as shall bear thereon a certificate of authentication substantially in the form herein before recited, executed by the Trustee or the Authenticating Agent by the manual signature of an authorized signer, shall be entitled to the benefits of this Indenture or be valid or obligatory for any purpose. Such certificate by the Trustee or the Authenticating Agent upon any Debenture executed by the Company shall be conclusive evidence that the Debenture so authenticated has been duly authenticated and delivered hereunder and that the holder is entitled to the benefits of this Indenture. In case any officer of the Company who shall have signed any of the Debentures shall cease to be such officer before the Debentures so signed shall have been authenticated and delivered by the Trustee or the Authenticating Agent, or disposed of by the Company, such Debentures nevertheless may be authenticated and delivered or disposed of as though the Person who signed such Debentures had not ceased to be such officer of the Company; and any Debenture may be signed on behalf of the Company by such Persons as, at the actual date of the execution of such Debenture, shall be the proper officers of the Company, although at the date of the execution of this Indenture any such person was not such an officer. Every Debenture shall be dated the date of its authentication.

  • 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:

  • Amendment of Credit Agreement (a) Effective as of the First Incremental Term Facility Amendment Effective Date, the Credit Agreement is hereby amended as follows: (i) The following definitions are hereby added in the appropriate alphabetical order to Section 1.01:

  • Amendment of the Rights Agreement Section 1(b) of the Rights Agreement is hereby amended and restated in its entirety as follows:

  • Amendment of Rights Agreement The Rights Agreement is hereby amended as follows: (a) Section 1 of the Rights Agreement is hereby amended by inserting the following subsections at the end of such Section 1:

  • Amendment of Loan Agreement The Loan Agreement is hereby modified and amended as follows:

  • Investment Agreement AUGUST.2017 12

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • Subordination of Debentures 49 13.1 Agreement to Subordinate......................................49 13.2 Default on Senior Debt, Subordinated Debt or Additional Senior Obligations..............................49 13.3

  • Amendment of Existing Warrant Agreement The Company and the Warrant Agent hereby amend the Existing Warrant Agreement as provided in this Section 2, effective as of the Merger Effective Time, and acknowledge and agree that the amendments to the Existing Warrant Agreement set forth in this Section 2 are necessary or desirable and that such amendments do not adversely affect the interests of the registered holders:

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