Common use of Amendment to Guarantee Agreement Clause in Contracts

Amendment to Guarantee Agreement. (a) Section 10(c) of the Guarantee Agreement is hereby deleted in its entirety and replaced with the following: (c) permit the ratio of Guarantor’s EBITDA for the most recently ended period of twelve (12) consecutive months ended on or prior to such date of determination to Guarantor’s Interest Expense for such period to be less than 1.40 to 1.00; or”

Amendment to Guarantee Agreement. (a) Section 10(c) of the Guarantee Agreement is hereby deleted in its entirety and replaced with the following: (c) permit the ratio of Guarantor’s EBITDA for the most recently ended period of twelve (12) consecutive months ended on or prior to such date of determination to Guarantor’s Interest Expense for such period to be less than 1.40 to 1.00; provided, however, with respect to the fiscal quarter ending on December 31, 2023, the foregoing ratio shall be 1.30 to 1.00; or”

Amendment to Guarantee Agreement. (a) Section 10(c) of the Guarantee Agreement is hereby deleted in its entirety and replaced with the following: (c) permit the ratio of Guarantor’s EBITDA for the most recently ended period of twelve (12) consecutive months ended on or prior to such date of determination to Guarantor’s Interest Expense for such period to be less than 1.40 to 1.00; provided, however, with respect to the fiscal quarters ending on December 31, 2023 and March 31, 2024, respectively, the foregoing ratio shall be 1.30 to 1.00; or”

Amendment to Guarantee Agreement. (a) Section 10(c) of the Guarantee Agreement is hereby deleted in its entirety and replaced with the following: (c) permit the ratio of Guarantor’s EBITDA for the most recently ended period of twelve (12) consecutive months ended on or prior to such date of determination to Guarantor’s Interest Expense for such period to be less than 1.40 1.30 to 1.00; provided, however, with respect to the fiscal quarter ending June 30, 2024 and each fiscal quarter thereafter through and including the fiscal quarter ending September 30, 2025, the foregoing ratio shall be 1.10 to 1.00; or”