Amendment to Section 5.14 of the Credit Agreement Sample Clauses

Amendment to Section 5.14 of the Credit Agreement. The proviso in the first sentence of Section 5.14 of the Credit Agreement shall be amended and restated in its entirety to read as follows: provided, that in no event shall any Foreign Subsidiary of Holdings (other than each Interco and, at its option, each other Foreign Subsidiary which elects to guarantee the US Secured Obligations and provide security therefor by executing and delivering the appropriate Loan Documents, which election shall be irrevocable once made) guarantee any Obligations of an entity organized in the United States or provide security therefor.
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Amendment to Section 5.14 of the Credit Agreement. Clauses (a) and (b) of Section 5.14 of the Credit Agreement shall be amended and restated in their entirety to read in full as follows:
Amendment to Section 5.14 of the Credit Agreement. Section 5.14 of the Credit Agreement (Depositary Banks) shall be deleted in its entirety.
Amendment to Section 5.14 of the Credit Agreement. Section 5.14 of the Credit Agreement shall be amended by adding the following paragraph to the end thereof: “For the avoidance of doubt, no Excluded Subsidiary shall be required to comply with, and no Loan Party shall cause an Excluded Subsidiary to comply with, any of the provisions of this Section 5.14.”
Amendment to Section 5.14 of the Credit Agreement. Section 5.14 of the Credit Agreement is hereby amended as of the Second Amendment Effective Date by adding a new clause (c) at the end thereof to read as follows:

Related to Amendment to Section 5.14 of the Credit Agreement

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