Amendment to Section 2.12 of the Credit Agreement Sample Clauses

Amendment to Section 2.12 of the Credit Agreement. Section 2.12 of the Credit Agreement is amended by replacing the text of clause (f) thereof in its entirety with the following:
Sample 1
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Amendment to Section 2.12 of the Credit Agreement. Section 2.12 of the Credit Agreement is hereby amended as follows: (a) Subsection (b)(ii) of Section 2.12 of the Credit Agreement is hereby amended by (i) inserting the words “or the L/C Issuer” after the word “Lenders” in each of lines 3 and 5 of such subsection (b)(ii), (ii) inserting the words “or the L/C Issuer, as the case may be,” after the word “Lenders” in line 6 of such subsection (b)(ii), and (iii) inserting the words “or the L/C Issuer” after the word “Lender” in line 7 of such subsection (b)(ii). (b) Subsection (d) of Section 2.12 of the Credit Agreement is hereby amended by inserting the words “, to fund participations in Letters of Credit” after the word “Loans” in line 2 of such subsection (d).
Sample 1
Amendment to Section 2.12 of the Credit Agreement. Section 2.12 of the Credit Agreement is amended to add the following two sentences to the end of clause (a) thereof: Notwithstanding the foregoing, the Administrative Agent may (but is not required to), in its discretion, retain any payments or other funds received by the Administrative Agent that are to be provided to a Defaulting Lender hereunder, and may apply such funds to such Lender’s defaulted obligations, hold such funds as collateral for such Lender's defaulted obligations, or readvance the funds to the Borrower in accordance with this Agreement. A Defaulting Lender shall not be entitled to any interest on any amounts held by the Administrative Agent pursuant to the preceding sentence.
Sample 1

Related to Amendment to Section 2.12 of the Credit Agreement

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • Amendment to the Credit Agreement Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below (the “Amendment No. 1 Effective Date”), the parties hereto agree that the Credit Agreement is hereby amended as follows:

  • Amendment to Credit Agreement (a) As of the Effective Date (as defined herein), Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in their appropriate alphabetical order:

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

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendment to Section 1.01 Section 1.01 of the Credit Agreement shall be amended as follows: (a) The following definitions shall be added to Section 1.01 of the Credit Agreement in the appropriate alphabetical order:

  • Continuing Effect of the Credit Agreement This Amendment shall not constitute a waiver of any provision not expressly referred to herein and shall not be construed as a consent to any action on the part of the Borrowers or Guarantors that would require a waiver or consent of the Lenders or an amendment or modification to any term of the Loan Documents except as expressly stated herein. Except as expressly modified hereby, the provisions of the Credit Agreement and the Loan Documents are and shall remain in full force and effect.

  • of the Credit Agreement Section 8.2.4 of the Credit Agreement is hereby amended as follows:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

  • REFERENCE TO THE CREDIT AGREEMENT (a) Upon the effectiveness of this First Amendment, each reference in the Credit Agreement to "this Agreement", "hereunder", or words of like import shall mean and be a reference to the Credit Agreement, as affected and amended hereby. (b) The Credit Agreement, as amended by the amendments referred to above, shall remain in full force and effect and is hereby ratified and confirmed.

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