Amendment of Financial Covenants. The Financial Covenants of the Borrower set forth in Section IV of Schedule B of the Loan Agreement shall be and hereby are replaced with the following:
Amendment of Financial Covenants. We have also advised you that the Company may experience a decline in EBITDA for the 2004 fiscal year. As a result of this decline, (x) the Company may be in violation of Sections 5.03(a), 5.03(b) and 5.03(c) of the Credit Agreement and (y) the Company may not be able to make the representation and warranty contained in the last sentence of Section 4.01(e) of the Credit Agreement in connection with Borrowings made on or after the date hereof. To avoid any such violation or misrepresentation, the Company requests that the Lenders amend Section 5.03, as set forth in the accompanying Amendment No. 2 to the Credit Agreement (the “Amendment”) by executing and delivering such amendment.
Amendment of Financial Covenants. Sections 5.2(L)(ii) and (iii) of the Agreement are hereby amended to read in their entirety as follows:
Amendment of Financial Covenants. To reflect the agreement of the Agent and the Lenders to amend certain of the financial covenants set forth in the Credit Agreement:
Amendment of Financial Covenants. Section 14(e) of the Loan Agreement shall be deleted in its entirety and replaced with the following (it being understood that for the purpose of calculations made in respect of Section 14(e), Consolidated EBITDA shall exclude Projected Restructuring Charges):
Amendment of Financial Covenants. Borrower hereby agrees to the following amendments to the financial covenants of the Credit Agreement:
Amendment of Financial Covenants. Notwithstanding anything herein to the contrary, the parties hereto agree that any amendment to or waiver to the financial covenants set forth in Section 6.3 (or any comparable section) of the Domestic Credit Agreement or any related term or definition used therein shall, subject to the prior written approval of Ex-Im Bank and Bank, automatically amend or waive the corresponding financial covenants set forth in Section 9.5 of this Agreement and any related term or definition used therein in the same manner. Subject to the prior written approval of Ex-Im Bank, the Bank agrees to execute an amendment or waiver to this Agreement to document such automatic amendment or waiver of the financial covenants and related terms and conditions.
Amendment of Financial Covenants. The following sections of the Revolving Credit Agreement are amended in their entirety to read as follows: 8.8
Amendment of Financial Covenants. The Financial Covenants Addendum to the Credit Agreement is hereby deleted in its entirety and is replaced by the Financial Covenants Addendum in the form of Exhibit B attached to this First Amendment.
Amendment of Financial Covenants. Article 7 of the Credit Agreement is hereby amended by deleting Sections 7.1 through 7.7 thereof in their entirety and substituting therefor the following:
