Amendment Request. 2.1 Accordingly, in accordance with clause 35 (Amendments and waivers) of the Facility Agreement, we hereby request the consent of the Majority Lenders (as defined in the Facility Agreement) to the amendments of the provisions of the Facility Agreement as set out within the Schedule to this Request Letter.
Amendment Request. Borrower, Guarantors and Lxxxxx desire to amend certain of the terms and conditions of the Loan Agreement and certain of the Loan Documents described above and all of the parties are willing to execute this Amendment.
Amendment Request. (a) The Company requests that the Participating Noteholders agree to amend the Lock-Up Agreement as contemplated in this letter (the Amendment Request).
Amendment Request. 13. Pursuant to clause 37 (Amendments and waivers) of the Facility Agreement, by and with effect from the date of the Agent's countersignature of this letter, it is hereby confirmed that the requisite Lenders under the Facility Agreement consent to the following amendments to the Facility Agreement: (A) Replace the entirety of clause 9.2 (Change of Control) of the Facility Agreement with the following: " 9.2 Change of Control (a) If either: (1) Vitol Holding B.V. and its Affiliates, collectively or individually, do not control the Company and EITHER (X) hold (directly or indirectly) less than 25 per cent. of the issued share capital of the Company carrying a right to vote at a general meeting of the Company OR (Y) the investment committee of Vitol Investment Partnership Limited ceases to be comprised of a majority of persons appointed by Vitol Holding B.V. and its Affiliates, collectively or individually, or (2) Vitol Holding B.V. (and its Affiliates) and Vitol Investment Partnership Limited (and its Affiliates), collectively or individually, cease to control the Company, then: (i) the Company shall promptly notify the Agent upon becoming aware of that event; (ii) a Lender shall not be obliged to fund a Utilisation (except for a Rollover Loan); and (iii) if the Majority Lenders so require, the Agent shall, by not less than 30 days' notice to the Company, cancel the Total Commitments and declare all outstanding Utilisations and all Ancillary Outstandings, together with accrued interest and all other amounts accrued under the Finance Documents, immediately due and payable, at which time the Total Commitments will be cancelled and all such outstanding amounts will become immediately due and payable. (b) For the purpose of paragraph (a) above "control" means: (i) the power (whether by way of ownership of shares, proxy, contract, agency or otherwise) directly or indirectly to: (A) cast, or control the casting of, not less than one-half of the maximum number of votes that might be cast at a general meeting of the Company; or (B) appoint or remove not less than one-half of the directors or other equivalent officers of the Company; or
Amendment Request. 2.1 The Borrower hereby requests the consent of the Lenders to: (a) delete the definition of “Availability Period” in its entirety and replace it with the following: “Availability Period means (a) for all commitments other than the Reserved Commitments, the period from (but excluding) the Closing Date until (and including) 8 July 2022 and (b) for the Reserved Commitments, the Termination Date.”; (b) include the following definition in alphabetical order in Clause 1.1: “Reserved Commitments means commitments of the Lenders in an aggregate amount equal to $10,000,000.”; and (c) include the following new paragraph (g) in Clause 3:
Amendment Request. 3.1 Accordingly, in accordance with Clause 35 (Amendments and Waivers) of the Facility Agreement, we request that you seek the consent of the Majority Lenders to the amendment of Clause 22.5(a)(i) (Subsidiary Indebtedness) of the Facility Agreement so that the reference to “$400,000,000” is replaced with “$570,000,000” (the Amendment Request).
Amendment Request. 3.1 The Company requests the Lenders' consent for the following changes:
Amendment Request. Accordingly, in accordance with Clause 40 (Amendments and waivers) of the Facilities Agreement, we request that you seek the consent of the Lenders to the replacement of Part B (The Lenders – Loan Commitments) of Schedule 1 (The Parties) of the Facilities Agreement with the wording set out in schedule 1 to this letter, as soon as possible and in any event by no later than 5.00 p.m. on the date falling three Business Days from the date of this letter.
Amendment Request. An amendment to the qualification decision may be requested in the following cases:
Amendment Request. Approval of increasing enrollment cap for 2019- 2020 to apply for Expansion and Replication NM Charter School Program Sub grant
