Amendment to Pricing Grid Clause Samples
The Amendment to Pricing Grid clause allows for changes to the pricing structure or rates outlined in an agreement. Typically, this clause specifies the process by which the parties can propose and implement modifications to the pricing grid, such as requiring written notice or mutual consent before any adjustments take effect. Its core function is to provide a clear and agreed-upon mechanism for updating pricing terms, ensuring flexibility while maintaining transparency and preventing disputes over unauthorized changes.
Amendment to Pricing Grid. The Pricing Grid attached as Annex A to the Credit Agreement is hereby deleted and Annex A attached to this Sixth Amendment is substituted therefor.
Amendment to Pricing Grid. (Exhibit 1.1(P)(2)); Change in Pricing. The pricing grid attached as Exhibit 1.1(P)(1) to the Credit Agreement is hereby amended and restated to read as set forth on Exhibit 1.1(P)(1) attached hereto. The change in pricing resulting from such amendment shall be effective on the Second Amendment Effective Date.
Amendment to Pricing Grid. The pricing grid set forth in the definition of “Applicable Percentage” in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows: The Credit Parties and the Lenders acknowledge and agree that the foregoing modifications to the pricing grid will become effective on the Second Amendment Effective Date and the amended interest rate levels set forth in such pricing grid shall apply to all Loans outstanding as of such date as well as any Loan made after such date.
Amendment to Pricing Grid. The Pricing Grid is hereby amended to increase each of the interest rate margins set forth therein by 0.25%.
Amendment to Pricing Grid. Schedule 1.1(A) of the Credit Agreement [Pricing Grid Variable Pricing and Fees Based on Leverage Ratio] is hereby amended and restated in its entirety as set forth on the schedule titled as Schedule 1.1(A) attached hereto.
Amendment to Pricing Grid. Annex A to the Credit Agreement is hereby amended by deleting such exhibit in its entirety.
Amendment to Pricing Grid. Annex A to the Credit Agreement is hereby amended by replacing such exhibit in its entirety with Annex A attached hereto.