Amendment of Revolving Credit Agreement Sample Clauses

Amendment of Revolving Credit Agreement. Receipt by the Administrative Agent of satisfactory evidence that the Revolving Credit Agreement has been amended to the extent necessary to permit the terms of the Agreement in form and substance reasonably acceptable to the Arrangers.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Amendment of Revolving Credit Agreement. Effective as of the Amendment Effective Date, the Revolving Credit Agreement (excluding the schedules and exhibits thereto, each of which shall remain as in effect immediately prior to the Amendment Effective Date) is hereby amended by inserting the language indicated in single or double underlined text (indicated textually in the same manner as the following examples: single-underlined text or double-underlined text) in Exhibit A hereto and by deleting the language indicated by strikethrough text (indicated textually in the same manner as the following example: stricken text) in Exhibit A hereto.
Sample 1
Amendment of Revolving Credit Agreement. If (a) the Revolving Credit Agreement is amended, supplemented or otherwise modified prior to its maturity or (b) the Revolving Credit Agreement is replaced or renewed before, at or after its maturity, the Lender may, at its election, amend this Agreement to incorporate terms, covenants, representations, warranties and conditions that, as determined by the Lender in its sole discretion, correspond to the Revolving Credit Agreement as so amended, supplemented, modified, renewed or replaced; provided, however, that the Lender must make such election within sixty (60) days after the Domestic Borrower has notified the Lender of such amendment, supplement, modification, renewal or replacement.
Sample 1
Amendment of Revolving Credit Agreement. Effective as of the Prepayments and the satisfaction of the other conditions precedent, the Revolving Credit Agreement shall automatically be amended as set forth in the attached Amended and Restated Credit Agreement - Revolving Credit Facility.
Sample 1
Amendment of Revolving Credit Agreement. Contemporaneously with the Closing, (i) the Revolving Credit Agreement shall be amended and restated to reduce the maximum aggregate commitment thereunder to $75,000,000 and on other terms and conditions satisfactory to the Purchasers and (ii) the Purchasers shall have received evidence satisfactory to them that, effective upon application of the proceeds of the Notes and the New Farm Credit Term Loan, the aggregate amount outstanding under the Revolving Credit Agreement will not exceed $75,000,000.
Sample 1

Related to Amendment of Revolving Credit Agreement

  • Revolving Credit Agreement The Agent shall have received this Agreement duly executed and delivered by each of the Banks and the Company and each of the Banks shall have received a fully executed Committed Note and a fully executed Bid Note, if such Notes are requested by any Bank pursuant to Section 12.9.

  • Amendment to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Amendment of Credit Agreement The Credit Agreement is hereby amended as follows:

  • Existing Credit Agreement The Administrative Agent shall have received satisfactory evidence that the Existing Credit Agreement shall have been terminated and all amounts thereunder (other than contingent indemnification obligations for which no claim has been made) shall have been paid in full and (ii) satisfactory arrangements shall have been made for the termination of all Liens granted in connection therewith.

  • Amendment to Existing Credit Agreement Subject to the occurrence of the Second Amendment Effective Date (as hereinafter defined), the Existing Credit Agreement is amended in accordance with this Article II.

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

  • Credit Agreement Amendment The Credit Agreement is hereby amended as follows:

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

  • Disbursement of Revolving Credit and Swingline Loans Not later than 2:00 p.m. on the proposed borrowing date, (i) each Revolving Credit Lender will make available to the Administrative Agent, for the account of the Borrower, at the office of the Administrative Agent in funds immediately available to the Administrative Agent, such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the Revolving Credit Loans to be made on such borrowing date and (ii) the Swingline Lender will make available to the Administrative Agent, for the account of the Borrower, at the office of the Administrative Agent in funds immediately available to the Administrative Agent, the Swingline Loans to be made on such borrowing date. The Borrower hereby irrevocably authorizes the Administrative Agent to disburse the proceeds of each borrowing requested pursuant to this Section in immediately available funds by crediting or wiring such proceeds to the deposit account of the Borrower identified in the most recent notice substantially in the form attached as Exhibit C (a “Notice of Account Designation”) delivered by the Borrower to the Administrative Agent or as may be otherwise agreed upon by the Borrower and the Administrative Agent from time to time. Subject to Section 5.7 hereof, the Administrative Agent shall not be obligated to disburse the portion of the proceeds of any Revolving Credit Loan requested pursuant to this Section to the extent that any Revolving Credit Lender has not made available to the Administrative Agent its Revolving Credit Commitment Percentage of such Loan. Revolving Credit Loans to be made for the purpose of refunding Swingline Loans shall be made by the Revolving Credit Lenders as provided in Section 2.2(b).

  • Amendment of the Existing Credit Agreement In consideration of the mutual covenants in this Amendment, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree that, subject to the satisfaction of the conditions precedent set forth in clause 3.1, the Existing Credit Agreement shall, with effect on and from the Amendment Effective Date, be (and it is hereby) amended in accordance with the amendments set out in Schedule 3 and (as so amended) will continue to be binding upon each of the Borrower and the Finance Parties in accordance with its terms as so amended.

Time is Money Join Law Insider Premium to draft better contracts faster.