Amendment to Article VI of the Credit Agreement Sample Clauses

Amendment to Article VI of the Credit Agreement. Article VI of the Credit Agreement is hereby amended by adding new Sections 6.21 and 6.22 each to read as follows:
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Amendment to Article VI of the Credit Agreement. Article VI of the Credit Agreement is hereby amended as follows: (a) Section 6.01(c) of the Credit Agreement is hereby amended by deleting Section 6.01(c) in its entirety and restating it as follows:
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Amendment to Article VI of the Credit Agreement. As of the Effective Date, Section 6.30 shall be added to the end of Article VI of the Credit Agreement to read as follows:
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Amendment to Article VI of the Credit Agreement. (c) of the Credit Agreement is hereby amended by inserting the following text immediately after the semi-colon at the end thereof: “provided, that any proposed purchase or other acquisition that complies with all of the requirements of this clause (c) except for the requirement contained in clause (3) above shall be permitted hereunder if (i)(A) the aggregate consideration in respect of such proposed purchase or other acquisition (whether effected as a single transaction or a series of related transactions) consists entirely of Equity Interests (other than Disqualified Equity Interests) of Holdings or (B)(x) the aggregate consideration in respect of such proposed purchase or other acquisition (whether effected as a single transaction or a series of related transactions) does not exceed $50,000,000 and (y) the aggregate consideration in respect of such proposed purchase or other acquisition as determined pursuant to (i)(B)(x) above, when added to the aggregate consideration in respect of all other purchases and other acquisitions made in reliance on this clause (i)(B) of this proviso (on a cumulative basis) does not exceed $100,000,000, and (ii) Holdings would be in compliance with each of the covenants contained in Section 6.01 as of the end of the most recent Fiscal Quarter for which financial statements are available after giving pro forma effect to such proposed purchase or other acquisition and all other purchases and acquisitions effected pursuant to this clause (c) subsequent to the end of such most recent Fiscal Quarter (provided that the requirement in this clause (ii) shall not apply in respect of any proposed purchase or other acquisition being made in reliance on clause (i)(A) above so long as no Debt, including Debt of any Person being acquired pursuant to such proposed purchase or other acquisition, is being assumed or otherwise incurred by Holdings or any Subsidiary in connection therewith);”
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Amendment to Article VI of the Credit Agreement. The provisions of Section 6.16(c) of the Credit Agreement are hereby amended by deleting the reference therein to “Customs Broker/Carrier Agreement” and substituting in its stead “Customs Broker Agreement”.
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Amendment to Article VI of the Credit Agreement. (a) Section 6.14 of the Credit Agreement is hereby amended by replacing the table in such Section 6.14 with the following table:====================================================== | Quarter Ending | Maximum Allowed | |----------------------------------|-----------------| | December 31, 2001 through | 3.25x | | September 30, 2003 | | |----------------------------------|-----------------| | December 31, 2003 and thereafter | 3.00x | ====================================================== (b) Section 6.15 of the Credit Agreement is hereby amended by deleting such Section 6.15 in its entirety and replacing it with the following language:
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Amendment to Article VI of the Credit Agreement. The provisions of Article VI of the Credit Agreement are hereby amended as follows: i. The proviso at the end of Section 6.05 is hereby deleted in its entirety and the following substituted in its stead: provided that all sales, transfers, leases and other dispositions permitted hereby (other than sales, transfers and other disposition permitted under clause (ii)) shall be made at arm's length and for fair value and, with respect to Inventory and Accounts, solely for cash consideration (which term shall include credit card sales), except that sales in connection with the Borrowers' "Builder Install Initiative" may be made for cash or on credit (which sales on credit which have not been paid shall in no event exceed $150,000,000 at any time outstanding), as the Borrowers determine in their reasonable business judgment.
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Amendment to Article VI of the Credit Agreement 
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Related to Amendment to Article VI of the Credit Agreement

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • Amendment to the Credit Agreement Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below (the “Amendment No. 1 Effective Date”), the parties hereto agree that the Credit Agreement is hereby amended as follows:

  • Amendment to Credit Agreement (a) As of the Effective Date (as defined herein), Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in their appropriate alphabetical order:

  • 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.

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

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • Amendment of the Agreement The Company and the Participant may amend this Agreement only by a written instrument signed by both parties.

  • of the Credit Agreement Section 8.2.4 of the Credit Agreement is hereby amended as follows:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

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