Amendment to Article II of the Credit Agreement Sample Clauses

Amendment to Article II of the Credit Agreement. Article II of the Credit Agreement is hereby amended by inserting the following new Section 2.14 at the end thereof:
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Amendment to Article II of the Credit Agreement. Article II of the Credit Agreement shall be amended as follows:
Amendment to Article II of the Credit Agreement. The proviso to Section 2.09(b)(ii) of the Credit Agreement is hereby amended by inserting “August 10, 2008” in lieu of “May 10, 2008”.
Amendment to Article II of the Credit Agreement. Section 2.1(a) of the Credit Agreement "Revolving Loans" (as amended) is hereby further modified and amended by deleting the last paragraph thereof in its entirety and substituting the following therefor: "Notwithstanding anything to the contrary contained herein, in no event shall the Borrower be permitted to borrow Revolving Loans in a principal amount greater than $45,000,000 (the "Borrowing Cap") until the earlier of (a) the Fourth Amendment Termination Date; provided, however, that after the Fourth Amendment Termination Date, the Borrowing Cap shall not exceed $50,000,000, or (b) the date upon which Borrower has demonstrated to the satisfaction of the Agent that Borrower is in compliance with all of the financial covenants set forth in Section 5.9 hereof, as such Section 5.9 was in effect on September 30, 1998 without giving effect to any subsequent amendments thereto, and upon such compliance date the Borrowing Cap shall terminate."
Amendment to Article II of the Credit Agreement. Section 2.09(b)(ii) of the Credit Agreement is hereby amended by inserting the following after the phrase “for such prior fiscal year”: “; provided that, solely for the fiscal year ending October 31, 2007, such prepayment, if any, shall be made (and shall be due and payable) on or before May 10, 2008”
Amendment to Article II of the Credit Agreement. Section 2.09(b)(v) of the Credit Agreement is hereby amended by inserting the following sentence as a new second sentence: "Notwithstanding anything to the contrary contained in this subsection (v), within five Business Days after receipt by any Group Company of proceeds from any Special Foreign Asset Disposition, the Borrower shall prepay the Loans and/or Cash Collateralize or pay the LC Obligations in an aggregate Dollar Amount equal to 20% of the Net Cash Proceeds thereof."
Amendment to Article II of the Credit Agreement. Section 2.09 of the Credit Agreement is hereby amended (i) by adding the words “Section 2.09(c) and, in the case of Eurocurrency Loans” immediately before the reference to “Section 3.05” therein, (ii) by deleting the phrase “,in the case of Eurocurrency Loans,” immediately following the reference to “Section 3.05” therein and (iii) by adding the following as a new subsection (c):
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Amendment to Article II of the Credit Agreement. (a) Section 2.01(b) of the Credit Agreement is hereby amended by adding “on the Closing Date” to the second sentence thereof after “The Term B Borrowing”.

Related to Amendment to Article II of the Credit Agreement

  • Amendment to the Credit Agreement Effective as of the date first above written and subject to the execution of this Amendment by the parties hereto and the satisfaction of the conditions precedent set forth in Section 2 below, the Credit Agreement shall be and hereby is amended as follows:

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

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

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

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • Amendment and Restatement of Existing Credit Agreement Upon the execution and delivery of this Agreement, the Existing Credit Agreement shall be amended and restated to read in its entirety as set forth herein. With effect from and including the Effective Date, (i) the Commitments of each Lender party hereto shall be as set forth on Appendix A (and (a) to the extent that such Lender constitutes a lender under the Existing Credit Agreement (a “Consenting Lender”), such Consenting Lender’s commitment thereunder shall be terminated and replaced with its respective Commitment hereunder and (b) any lender under the Existing Credit Agreement that is not listed on Appendix A shall cease to be a Lender hereunder and its commitment thereunder shall be terminated; provided that, for the avoidance of doubt, such lender under the Existing Credit Agreement shall continue to be entitled to the benefits of Section 9.03 of the Existing Credit Agreement), (ii) all accrued and unpaid interest and fees and other amounts owing under the Existing Credit Agreement shall have been paid by the Borrower under the Existing Credit Agreement, whether or not such interest, fees or other amounts would otherwise be due and payable at such time pursuant to the Existing Credit Agreement, (iii) the Commitment Ratio of the Consenting Lenders shall be redetermined based on the Commitments set forth in the Appendix A and the participations of the Consenting Lenders in, and the obligations of the Consenting Lenders in respect of, any Letters of Credit or Swingline Loans outstanding on the Effective Date shall be reallocated to reflect such redetermined Commitment Ratio and (iv) each JLA Issuing Bank shall have the Fronting Sublimit set forth in Appendix B. Section 9.18

  • Effect of Amendment and Restatement of the Existing Credit Agreement On the Closing Date, the Existing Credit Agreement shall be amended and restated in its entirety. The parties hereto acknowledge and agree that (a) this Agreement and the other Loan Documents, whether executed and delivered in connection herewith or otherwise, do not constitute a novation or termination of the “Obligations” (as defined in the Existing Credit Agreement) under the Existing Credit Agreement as in effect immediately prior to the Closing Date and which remain outstanding and (b) the “Obligations” (as amended and restated hereby and which are hereinafter subject to the terms herein) are in all respects continuing.

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Specific Amendments to Credit Agreement The parties hereto agree that the Credit Agreement is amended as follows:

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

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