Amendment to Section 2.06 Sample Clauses

Amendment to Section 2.06. Section 2.06 of the Credit Agreement is hereby amended to read as follows:
Sample 1Sample 2Sample 3See All (13)
AutoNDA by SimpleDocs
Amendment to Section 2.06. Section 2.06 of the Credit Agreement hereby is amended by deleting it in its entirety, and substituting the following therefor:
Sample 1Sample 2See All (4)
Amendment to Section 2.06. Section 2.06 of the Agreement is hereby deleted in its entirety and replaced with the following:
Sample 1
Amendment to Section 2.06. Section 2.06 of the Existing Credit Agreement is hereby amended by (i) re-lettering the existing clause (b) to be clause (c); and (ii) inserting the following new clause (b) in appropriate sequence:
Sample 1
Amendment to Section 2.06. Section 2.06 of the Credit Agreement shall be amended by replacing the “.” at the end of the first sentence of clause (c) thereof with the following: “and shall be payable in cash; provided, that on any Interest Payment Date, Borrower shall have the option, exercisable by written notice to Administrative Agent not less than three Business Days prior to the date such interest payment is due, to capitalize accrued interest in excess of the Maximum Cash Interest Amount to the then outstanding principal amount of the Term Loans (the “PIK Amount”) and in such event, the PIK Amount with respect to the Term Loans shall be deemed to have been paid with the proceeds of additional Term Loans, in an aggregate principal amount equal to the accrued interest payable to the Lenders. For the avoidance of doubt, the foregoing proviso shall be applicable solely to interest payable under this Section 2.06 and not to any interest payable under Section 2.07. For all purposes under this Agreement, all PIK Amounts capitalized under this paragraph shall be treated as the principal amount of Term Loans once so capitalized and allocated to the Lenders in accordance with their respective Term Loan Commitment.
Sample 1
Amendment to Section 2.06. Section 2.06 of the Credit Agreement is hereby amended to restate paragraph (k) in its entirety as follows:
Sample 1
Amendment to Section 2.06. Section 2.06 of the Credit Agreement is hereby amended by adding the following new Subparagraph (d) at the end of such Section:
Sample 1
AutoNDA by SimpleDocs
Amendment to Section 2.06. Section 2.06(a) of the Credit Agreement is hereby amended by replacing each reference to “October 30, 2015” therein with a reference to “January 4, 2016” in each instance.
Sample 1

Related to Amendment to Section 2.06

  • Amendment to Section 2.1 Section 2.1 of the Credit Agreement is hereby amended in its entirety as follows:

  • Amendment to Section 6.01. Section 6.01 of the Credit Agreement is hereby amended to read in its entirety as follows:

  • Amendment to Section 2 06(a). Section 2.06(a) of the Credit Agreement is amended and restated to read in its entirety as follows:

  • Amendment to Section 5 05. Section 5.05 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 3 4. Section 3.4 of the Note is amended to read in its entirety as follows:

  • Amendment to Section 4 07. Section 4.07 of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 7 16. Section 7.16 of the Credit Agreement is amended and restated to read in its entirety as follows:

  • Amendment to Section 6 11. Section 6.11 is hereby amended in its entirety to read as follows:

  • Amendment to Section 8 6(c). Section 8.6(c) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 1.01 Section 1.01 of the Credit Agreement is hereby amended as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.