Amendment to Section 6.16. Section 6.16 of the Credit Agreement is amended and restated in its entirety to read as follows:
Amendment to Section 6.16. Section 6.16 of the Credit Agreement is hereby deleted in its entirety and all references to Section 6.16 and requirements to be in compliance therewith contained in the Credit Agreement or any Loan Document are hereby deleted in their entirety.
Amendment to Section 6.16. Effective as of the Effective Date, Section 6.16 of the Credit Agreement is hereby amended and restated in its entirety as follows:
Amendment to Section 6.16. Section 6.16 of the Credit Agreement is hereby amended to delete the reference to “or as arranged by GE Capital” in the fourth line thereof.
Amendment to Section 6.16. Section 6.16 of the Agreement is hereby amended and restated in its entirety as follows:
Amendment to Section 6.16. Section 6.16 of the Existing Credit Agreement is hereby amended by adding the term “or” at the end of clause (c) thereof and deleting the following text in its entirety: “, or (e) the issuance of Parent’s common stock in settlement of the Permitted Warrant Transaction”.
Amendment to Section 6.16. Section 6.16 of the Credit Agreement is amended to substitute “determined as provided in Section 6.15” for “for the preceding four quarterly periods (including that ended on the date of determination)” appearing immediately after “EBITDA” in clause (a) of such Section 6.16.
Amendment to Section 6.16. Section 6.16 of the Loan Agreement shall be amended to read in its entirety as follows:
Amendment to Section 6.16. Section 6.16 to the Credit Agreement is hereby amended by (A) deleting the date "July 13, 2004" appearing therein and inserting in lieu thereof the date "June 14, 2005" and (B) inserting immediately before the period appearing at the end thereof the following proviso: "provided, that the Borrower and the Guarantors may make payments that are not materially consistent with such business plan solely to the extent that such payments are in connection with Permitted 1110 Acquisitions and Permitted Aircraft Acquisitions that are permitted under Section 6.04(e)".
Amendment to Section 6.16. Section 6.16 of the Credit Agreement hereby is amended by adding the following at the end thereof: , and provided, further, that, notwithstanding anything to the contrary in this Section 6.16, no loans or advances may be made to IHC or to any Person which is Affiliate thereof, other than a Person which was an Affiliate of the Borrower prior to the IHC Tender Date, if otherwise permitted pursuant to this Section 6.16.
