Amendment to Section 1 of the Credit Agreement. Section 1.1 of the Credit Agreement is hereby amended as follows:
Amendment to Section 1 of the Credit Agreement. (i) Section 1.1 of the Credit Agreement is hereby amended by adding the following terms in proper alphabetical order:
Amendment to Section 1 of the Credit Agreement. Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of "Project Costs" in its entirety and restating it as follows:
Amendment to Section 1 of the Credit Agreement. Section 1.2(d) of the Credit Agreement is hereby amended by deleting the text of ss.1.2(d) in its entirety and substituting in place thereof the words "A reference to any Person includes its permitted successors and assigns, with the provisions of this Credit Agreement be binding upon and inuring to the benefit of such Person and its permitted successors and assigns."
Amendment to Section 1 of the Credit Agreement. Section 1 of the --------- -- --------- -- -------------------- Credit Agreement is hereby amended by deleting the date "May 14, 1998" which appears in the definition of "Revolving Credit Loan Maturity Date" and substituting in place thereof the date "August 14, 1998".
Amendment to Section 1 of the Credit Agreement. Section 1 of the Credit Agreement is hereby amended by deleting the following definition of "Revolving Credit Loan Maturity Date" in its entirety and replacing it with the following new definition, inserted in proper alphabetical order: "Revolving Credit Loan Maturity Date. March 31, 2002."
Amendment to Section 1 of the Credit Agreement. The second paragraph of subsection 1(i) of the Credit Agreement is hereby amended, in its entirety, to read as follows: "The Revolving Note shall (a) be dated the date of the Eighth Amendment to this Credit Agreement, (b) be payable to the order of Lender, (c) be in the stated principal amount equal to the Revolving Loan Commitment, (d) be payable on the Revolving Loan Commitment Termination Date, (e) bear interest with respect to the principal amount from time to time outstanding at the rate per annum specified in subsection 1(iii) hereof, and (f) be substantially in the form of Exhibit "A" hereto with blanks completed in conformity herewith."
Amendment to Section 1 of the Credit Agreement. The definition of "Consolidated Operating Cash Flow" is hereby amended by deleting such definition in its entirety and restating it as follows: CONSOLIDATED OPERATING CASH FLOW. For any period, an amount equal to (a) EBITDA for such period, less (b) the sum of (i) cash payments for all taxes paid during such period, PROVIDED that for purposes of calculating this clause (i), income taxes incurred for the fiscal quarter ended September 30, 1998 but not paid until the fiscal quarter ended December 31, 1998 shall, for purposes of this definition, be treated as paid in the September 30, 1998 fiscal quarter and excluded from calculations for the December 31, 1998 fiscal quarter, PLUS (ii) to the extent not already deducted in the determination of EBITDA, Capital Expenditures made during such period.
Amendment to Section 1 of the Credit Agreement. The definition of “Combined Working Capital” contained in Section 1.01 of the Credit Agreement is hereby amended by deleting such definition in its entirety and restating it as follows:
Amendment to Section 1 of the Credit Agreement. Section 1.1 of the Credit Agreement is hereby amended by inserting the following definition in the appropriate alphabetical order: Irvine Property Disposition. The sale by the Borrower pursuant to and in compliance with Section 10.5.2 hereof of that portion of its real estate located in Irvine, California to The Irvine Company or any of its affiliates pursuant to an Agreement for the Conveyance of Property dated as of August 3, 1999 between the Borrower and The Irvine Company, which Agreement for the Conveyance of Property shall be in form and substance reasonably satisfactory to the Agent, for a cash purchase price of approximately $26,500,000.
