Amendment to Second Lien Credit Agreement Sample Clauses
The "Amendment to Second Lien Credit Agreement" clause serves to formally modify the terms and conditions of an existing second lien credit agreement between parties. This clause outlines the specific changes being made, such as adjustments to interest rates, repayment schedules, or covenants, and typically requires the consent of all relevant parties, including lenders and borrowers. Its core practical function is to provide a clear, legally binding mechanism for updating the agreement to reflect new terms, thereby ensuring that all parties are aware of and agree to the revised obligations and rights, and reducing the risk of future disputes over the contract's terms.
Amendment to Second Lien Credit Agreement. The Second Lien Credit Agreement shall have been amended in accordance with its terms to permit Sponsor Purchases and any related Contributions and the Second Lien Sponsor Purchases and any related Second Lien Contributions on substantially the same terms as described herein and the Administrative Agent shall have received a fully executed copy of such amendment.
Amendment to Second Lien Credit Agreement. The Administrative Agent and the Required Lenders hereby consent as of the Fifth Amendment Effective Date to the amendment of the Second Lien Credit Agreement pursuant to the Fifth Amendment thereto in the form attached hereto as Exhibit E (the “Amendment to Second Lien Credit Agreement”).
Amendment to Second Lien Credit Agreement. The Administrative Agent shall have received two (2) copies of the Second Amendment to Second Lien Credit Agreement, dated as of the date hereof, duly executed and delivered by the parties signatory thereto and effective in accordance with the terms thereof.
Amendment to Second Lien Credit Agreement. The Administrative Agent shall have received two (2) copies of the First Amendment to Second Lien Credit Agreement, dated as of the date hereof, duly executed and delivered by the parties signatory thereto and effective in accordance with the terms hereof.
Amendment to Second Lien Credit Agreement. The Administrative Agent shall have received a copy of an amendment to the Second Lien Credit Agreement, dated as of June 28, 2012, among the Borrower, the Parent, ▇▇▇▇▇ Fargo Energy Capital, Inc., as administrative agent, and the lenders party thereto (the “Second Lien Credit Agreement”), and any other amendments, documents or agreements prepared in connection therewith, each in form and substance reasonably satisfactory to the Administrative Agent, evidencing, among other things, an extension of the maturity date under the Second Lien Credit Agreement to at least six months after the Maturity Date under the Credit Agreement, as amended by this Fourth Amendment.
Amendment to Second Lien Credit Agreement. The parties to the Second Lien Credit Agreement (as required by the terms of the Second Lien Credit Agreement) shall have agreed to the terms of the amendment to the Second Lien Credit Agreement (such amendment, the “Second Lien Amendment”) in accordance with its terms and on substantially the same terms as described herein and the Administrative Agent shall have received a fully executed copy of such amendment (it being understood that the Second Lien Amendment shall not have become effective until the satisfaction of the conditions to effectiveness thereof).
Amendment to Second Lien Credit Agreement. The Agents shall have received two (2) copies of the Amendment to Second Lien Credit Agreement, dated as of the date hereof, duly executed and delivered by the parties signatories thereto and effective in accordance with the terms thereof in form and substance satisfactory to the Agents.
Amendment to Second Lien Credit Agreement. Effective as of April 9, 2014, the Second Lien Credit Agreement is hereby amended by amending and restating Section 7.1 of the Second Lien Credit Agreement in its entirety to read as follows: