Amendment of Section 2.4. Section 2.4 of the Credit Agreement is hereby amended by amending clause (d) as follows:
Amendment of Section 2.4. Section 24 of the Rights Agreement is hereby amended to add the following subsection at the end thereof:
Amendment of Section 2.4. Subsection (b) of Section 2.4 of the Loan Agreement is hereby amended to read as follows:
Amendment of Section 2.4. Section 24 of the Agreement “Redemption, Termination and Waiver” shall be supplemented by adding the following subsection:
Amendment of Section 2.4. The first sentence of Section 2.4 of the Agreement is hereby amended and restated in its entirety as follows:
Amendment of Section 2.4. 2.4. Section 24.2.4 is hereby amended to substitute “[Reserved]” for the text thereof.
Amendment of Section 2.4. 4. Section 24.4 is hereby amended to substitute “57.90%” for “54.44%” in the third line thereof, and to delete “Edison 3.46%” in the fourth line thereof.
Amendment of Section 2.4. The phrase ", upon approval by a majority of ----------------------- the Continuing Directors," which appears four times in Section 24, shall be deleted.
Amendment of Section 2.4. The Parties agree that Section 2.4(d) of the Purchase Agreement regarding the issuance of a stock certificate to Xxxxxxx and Xxxx Xxxxxxxx shall be removed and deleted in its entirety from the Purchase Agreement. The shares to be issued by the Issuer at Closing as part of the Purchase Price under Section 2.4 shall be a total of 50,000 shares of restricted common stock to the Seller, as provided in Section 2.4(a).
Amendment of Section 2.4. Section 24 of the P&S Agreement is hereby amended by deleting the existing notice address for Bank’s counsel and restating the notice address for Bank’s counsel as follows: With a copy to: Xx. Xxxxxxx X. Xxxxxx Xxxxxx Xxxxxx Xxxxx Xxxxxxxx 000 X. Xxxxx Street, Suite 2600 Charlotte, NC 28202-1935 Telecopy: (000) 000-0000
