Common use of Amendment of Original Loan Agreement, Original Guarantee and Security Documents Clause in Contracts

Amendment of Original Loan Agreement, Original Guarantee and Security Documents. 2.1 Subject to Clause 3, the parties hereto agree that from the date of this Deed the Original Loan Agreement shall be read and construed as if: 2.1.1 the clauses referred to in the first column of Schedule 1 had been amended to read as set out in the second column of Schedule 1; and 2.1.2 the definitions of Account Charge and Operating Account in clause 1.1 had been deleted. 2.2 Subject to Clause 3, the parties hereto agree that from the date of this Deed the Original Guarantee shall be read and construed as if: 2.2.1 the clauses referred to in the first column of Schedule 2 had been amended to read as set out in the second column of Schedule 2; 2.2.2 the definitions of Intangible Assets, Tangible Assets, Tangible Net Worth and Total Funded Debt in clause 11.4 had been deleted; 2.2.3 the following definition had been inserted in clause 11.4:

Amendment of Original Loan Agreement, Original Guarantee and Security Documents. 2.1 Subject to Clause 3, the parties hereto agree that from the date of this Deed the Original Loan Agreement shall be read and construed as if: 2.1.1 the clauses referred to in the first column of Schedule 1 had been amended to read as set out in the second column of Schedule 1; and 2.1.2 the definitions of Account Charge Charges and Operating Account Accounts in clause 1.1 had been deleted. 2.2 Subject to Clause 3, the parties hereto agree that from the date of this Deed the Original Guarantee shall be read and construed as if: 2.2.1 the clauses referred to in the first column of Schedule 2 had been amended to read as set out in the second column of Schedule 2; 2.2.2 the definitions of Intangible Assets, Tangible Assets, Tangible Net Worth and Total Funded Debt in clause 11.4 had been deleted; 2.2.3 the following definition had been inserted in clause 11.4: