Amendment to Section 7.16 of the Credit Agreement Sample Clauses

Amendment to Section 7.16 of the Credit Agreement. Section 7.16 of the Credit Agreement shall be amended and restated in its entirety to read in full as follows:
Sample 1Sample 2
AutoNDA by SimpleDocs
Amendment to Section 7.16 of the Credit Agreement. Section 7.16 of the Credit Agreement is hereby amended by adding the following sentence at the end thereof: The foregoing clause (b) will not prevent restrictions in the documentation pertaining to Indebtedness of Neenah Germany which prohibit or restrict the payment by Neenah Germany of interest accruing on any Inter-Company Loans owed by Neenah Germany provided that (i) such restrictions are only in effect only for calendar year 2014, and (ii) following the Second Amendment Effective Date (as defined in the Second Amendment) and on or prior to Xxxxxxxx 00, 0000 (X) Xxxxxx Xxxxxxx makes a distribution to NP International in an amount not less than $20,000,000, and (B) the full amount of such distribution is loaned by NP International to Parent pursuant to an Inter-Company Loan contemplated by clause (e) of the definition of Inter-Company Loan.
Sample 1
Amendment to Section 7.16 of the Credit Agreement. Section 7.16 of the Credit Agreement is hereby amended to replace the reference to “Unpledged Inter-Company Loans” set forth therein with a reference to “Inter-Company Loans”.
Sample 1
Amendment to Section 7.16 of the Credit Agreement. Section 7.16 of the Credit Agreement is hereby amended by deleting the first two sentences thereof and substituting in lieu thereof the following sentence: The proceeds of the Tranche B-1 Term Loans made on the Seventh Amendment Effective Date shall be used to prepay the Existing Tranche B Term Loans.
Sample 1
Amendment to Section 7.16 of the Credit Agreement. Section 7.16 of the Credit Agreement is hereby amended and restated in its entirety as follows: “For each applicable date of determination indicated below, permit the Consolidated Leverage Ratio to be greater than the ratio indicated beside such date of determination:
Sample 1
Amendment to Section 7.16 of the Credit Agreement. Upon the Fox Merger Effective Date (provided that this Amendment has become effective in accordance with Section 19 hereof), Section 7.16 of the Credit Agreement is hereby deleted in its entirety and the following new Section 7.16 is substituted in lieu thereof:
Sample 1

Related to Amendment to Section 7.16 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:

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

  • 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:

  • 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.

  • 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:

  • Reference to and Effect Upon the Credit Agreement (a) The Credit Agreement and the other Loan Documents shall remain in full force and effect, as amended hereby, and are hereby ratified and confirmed. (b) The execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of Agent or any Lender under the Credit Agreement or any Loan Document, nor constitute a waiver or amendment of any provision of the Credit Agreement or any Loan Document, except as specifically set forth herein. Upon the effectiveness of this Amendment, each reference in the Credit Agreement to “this Credit Agreement,” “hereunder,” “hereof,” “herein” or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby.

  • 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:

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

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!