Amendment to Annex Clause Samples
The Amendment to Annex clause establishes the procedure for modifying or updating the annexes attached to a main agreement. Typically, this clause outlines who has the authority to propose changes, the process for obtaining mutual consent, and the formal steps required to make such amendments effective, such as written agreement or signed addenda. Its core function is to provide a clear and agreed-upon method for updating annexed documents, ensuring that any changes are properly authorized and documented, thereby reducing the risk of disputes over the validity of modifications.
Amendment to Annex. III of the Agreement. Annex III of the Agreement is hereby amended by deleting such annex in its entirety and replacing it with Exhibit A attached hereto.
Amendment to Annex. A (Pricing Grid). Annex A is hereby amended by deleting it in its entirety and inserting in its place Annex A attached hereto.
Amendment to Annex. A of the Credit Agreement. Annex A to the Credit Agreement is hereby amended by replacing such Annex in its entirety with the Annex A attached to this Amendment.
Amendment to Annex. A (Definitions). Annex A (Definitions) of the Agreement is hereby amended by deleting the definition of “Base Case Financial Model” in its entirety and replacing it with the following (deleted text is marked with strikethrough and new text is marked in bold underline):
Amendment to Annex. F of the Credit Agreement. Annex F of the Credit Agreement is hereby amended as of the Amendment Effective Date by deleting the first proviso of paragraph one thereof and replacing it with the following proviso to read as follows: "provided, that the aggregate amount of all Letter of Credit Obligations at any one time outstanding (whether or not then due and payable) shall not exceed the lesser of (a) $50,000,000, (b) the Aggregate Revolving Credit Commitment minus the outstanding Revolving Credit Loan, and (c) the Borrowing Base minus the outstanding Revolving Credit Loan;"
Amendment to Annex. A to the Credit Agreement (Pricing Grid). Annex A to the Credit Agreement is hereby amended by deleting in its entirety the grid set forth in such Annex and inserting in lieu thereof the grid set forth in Annex A attached hereto, it being understood and agreed that (i) such amendment shall be deemed to be effective as of May 29, 2002 and (ii) the grid set forth in Annex A attached hereto shall be used for all determinations of the Applicable Margin on and after May 29, 2002.
Amendment to Annex. A-1. ----------------------
(a) Section 3(a) of Annex A-1 to the Warehouse Agreement is amended by deleting the parenthetical language therein and replacing it with the following: "(as defined in Article 9 of the applicable UCC)"
(b) Section 3(b) of Annex A-1 to the Warehouse Agreement is amended by deleting the following language therein: "as defined in Sections 9-105 and 9-106 of the UCC as in effect in the State of Illinois meeting the requirements of applicable state law" and replacing it with the following language: "as defined in Article 9 of the applicable UCC meeting the requirements of applicable state law"
Amendment to Annex. A (Definitions). Annex A of the Agreement is hereby amended as follows:
(a) Amendment No. 3
Amendment to Annex. A (Definitions). Annex A (Definitions) of the Agreement is hereby amended by deleting the definition of “Project Commencement Clawback Date” in its entirety and replacing it with the following (deleted text is marked with strikethrough and new text is marked in bold underline):
Amendment to Annex. 1. Annex 1 to the Amended Credit Agreement is hereby amended by replacing such Annex to the Amended Credit Agreement with Annex 1 attached hereto as Exhibit B.