Amendment of Section 7.6 Sample Clauses

Amendment of Section 7.6. Section 7.6 of the Agreement is hereby amended and restated in its entirety as follows:
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Amendment of Section 7.6. Section 7.6 of the Credit Agreement is hereby amended and restated in its entirety to the following:
Amendment of Section 7.6. Section 7.6 of the Distribution Agreement is hereby amended and restated in its entirety as follows:
Amendment of Section 7.6. Section 7.6 of the Credit Agreement is hereby amended by deleting the last paragraph of such Section 7.6 and replacing it in its entirety with the following: “provided that, other than with respect to Distributions permitted under Section 7.6(b), no such Distribution, redemption, purchase, acquisition, retirement, prepayment, repayment or defeasance described in this Section 7.6 shall be permitted (x) at any time from and including the First Amendment Effective Date until the later of (A) June 30, 2016 and (B) the next date upon which the Leverage Ratio is tested and (y) at any time after such later date as provided in clause (x) of this proviso, if (i) an Event of Default has occurred and is continuing, (ii) an Event of Default would occur as a result of such Distribution, redemption, purchase, acquisition, retirement, prepayment, repayment or defeasance or (iii) a Borrowing Base Deficiency has occurred and is continuing or would result therefrom; provided, further that, so long as (i) no Event of Default has occurred and is continuing, (ii) no Event of Default would occur as a result and (iii) no Borrowing Base Deficiency has occurred and is continuing or would result, (A) the Borrower may pay interest on the Bonds or any Permitted Additional Debt, as applicable, on the stated, scheduled dates for payment of interest set forth in the applicable Indenture or Permitted Additional Debt Document, as applicable, (B) the Borrower may redeem, repurchase, prepay or defease the Bonds or Permitted Additional Debt, as applicable, (x) on the scheduled maturity date for the Bonds or Permitted Additional Debt, as applicable, (y) in the principal amount that is required to be repaid or prepaid under the applicable Indenture or Permitted Additional Debt, as applicable, on each stated, scheduled date for repayment or prepayment of principal thereunder or (z) with the written consent of the Required Lenders and (C) the Borrower may redeem, repurchase, prepay, repay or defease all or any of the Existing Senior Notes in an aggregate principal amount equal to the aggregate principal amount of any new issuance of notes; provided, however, that with respect to clause (C) of the foregoing proviso, (i) the terms of any such new issuance of notes shall not contain covenants and events of default that are, taken as a whole, materially more restrictive on the Borrower than the Existing Senior Notes and (ii) the scheduled maturity date of such new notes shall not be prior to the dat...

Related to Amendment of Section 7.6

  • Amendment of Section 7 2.10(f). Clause (iii) of Section 7.2.10(f) of the Credit Agreement is hereby amended and restated in its entirety to the following:

  • Amendment of Section 6 14. Section 6.14 of the Credit Agreement is amended to read as follows:

  • Amendment of Section 10 1. Section 10.1 of the Note Agreement is amended to read in its entirety as follows:

  • Amendment of Section 4 4. Pursuant to Section 9.2 of the Indenture, Section 4.4(b) of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendment of Section 9.2. Section 9.2 of the Credit Agreement is hereby amended to read in its entirety as follows:

  • Amendment of Section 8 15(b). Section 8.15(b) of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Amendment of Section 1 Section 1 of the Rights Agreement is supplemented to add the following definitions in the appropriate locations:

  • Amendment of Section 3 Section 3 of the Employment Agreement is hereby deleted in its entirety and replaced with the following: Term. Unless otherwise terminated in accordance with Sections 8, 9, 10 or 11, the Employment Term shall be for a term ending April 30, 2015. This Agreement shall be automatically renewed for successive additional Employment Terms of one (1) year each unless notice of termination is given in writing by either party to the other party at least thirty (30) days prior to the expiration of the initial Employment Term or any renewal Employment Term.

  • Amendment of Section 5 1. Section 5.1. of the Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment of Section 9 10. In respect of the 2018 Notes only, the provisions of Section 9.10 of the Indenture are amended by deleting the text of such Section in its entirety and inserting in lieu thereof the phrase “[intentionally omitted]”. Such provisions shall be deemed not to have been deleted in respect of the 2021 Notes.

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