Amendment to Section 10.01(a) Clause Samples
The "Amendment to Section 10.01(a)" clause serves to modify or update the original language or provisions found in Section 10.01(a) of an agreement. This amendment may involve changing specific terms, adding new requirements, or clarifying existing obligations within that section; for example, it could adjust deadlines, alter responsibilities, or update referenced standards. By formally documenting these changes, the clause ensures that all parties are aware of and agree to the revised terms, thereby maintaining the contract's relevance and preventing disputes over outdated or unclear provisions.
Amendment to Section 10.01(a). Section 10.01(a) of the Subordinated Indenture is hereby am ended by adding the following final paragraph:
Amendment to Section 10.01(a). Section 10.01(a) is hereby amended by deleting clauses (ii) and (iii) therefrom and replacing such clauses with the following clauses (ii) and (iii):
Amendment to Section 10.01(a). Each of Section 10.01(a)(ii) and Section 10.01(a)(iii) is hereby amended and restated in its entirety to read as follows:
Amendment to Section 10.01(a). Sections 10.01(a)(ii) and (iii) of the Credit Agreement are amended and restated in their entirety to read in full as follows:
(ii) if to the Administrative Agent, the Issuing Bank or the Swingline Lender, for Borrowings in Dollars, to ▇▇▇▇▇ Fargo Bank, National Association at: ▇▇▇▇▇ Fargo Bank N.A. ▇▇▇▇ ▇ ▇▇ ▇▇▇▇▇▇ Blvd Charlotte, NC 28262 Attention: Agency Services - ▇▇▇▇▇ ▇▇▇▇ Facsimile No: (▇▇▇) ▇▇▇-▇▇▇▇ with a copy to ▇▇▇▇▇ Fargo Bank, National Association ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
(iii) for Borrowings in an Available Foreign Currency, to ▇▇▇▇▇ Fargo Bank, National Association at: ▇▇▇▇▇ Fargo Bank N.A. ▇▇▇▇ ▇ ▇▇ ▇▇▇▇▇▇ Blvd Charlotte, NC 28262 Attention: Agency Services - ▇▇▇▇▇ ▇▇▇▇ Facsimile No: (▇▇▇) ▇▇▇-▇▇▇▇”
Amendment to Section 10.01(a). (v) to the Credit Agreement. Section 10.01(a)(v) of the Credit Agreement shall be amended and restated in its entirety to read as follows:
Amendment to Section 10.01(a). Section 10.01(a) of the Existing Loan and Security Agreement is hereby amended and restated in its entirety to read as follows:
(a) The Borrower shall fail to pay (i) any principal of any Loan when due, whether at stated maturity, by acceleration, by notice of optional prepayment, by mandatory prepayment (including, without limitation, pursuant to Section 2.07(c)(i)) or otherwise; (ii) any interest on any Loan, or any fee or other amount payable hereunder or under any other Loan Document when due and such failure remains unremedied for a period of [***];