Amendment to Subordination Agreement. The term "
Amendment to Subordination Agreement. (a) Section 1 (Definitions) of the Subordination Agreement is hereby amended to add the following defined term in its alphabetical order as follows:
Amendment to Subordination Agreement. The Purchaser shall have received a fully executed copy of an amendment to the subordination agreement with respect to the Senior Loan Agreement, which amendment shall be in form and substance satisfactory to the Purchaser.
Amendment to Subordination Agreement. The Subordination Agreement is hereby amended by deleting the second recital paragraph and inserting the following in lieu thereof: Eltrax has entered into that certain Bridge Loan and Security Agreement dated as of June 14, 2000 with Junior Creditor, as amended by Amendment No. 1 thereto dated as of June 23, 2000 (as at any time further amended, the "Subordinated Loan Agreement"). Pursuant to the Subordinated Loan Agreement, Eltrax may borrow up to $5,000,000 from Junior Creditor, as evidenced by that certain Amended and Restated Non-Negotiable Subordinated Convertible Promissory Note in the original principal amount of $5,000,000 dated June 23, 2000 executed by Eltrax in favor of Junior Creditor (as at any time amended, the "Subordinated Note"). Pursuant to the Subordinated Loan Agreement, Eltrax has granted to Junior Creditor a security interest and lien upon all or substantially all of Eltrax's assets as security for the payment of the Subordinated Note.
Amendment to Subordination Agreement. Subject to the following terms and conditions, including without limitation the conditions precedent set forth in Section 5, upon execution by the parties hereto in the space provided for that purpose below, the Subordination Agreement shall be, and it hereby is, amended by amending in its entirety the first paragraph of the Subordination Agreement to be and to read as follows: "Amended and Restated Subordination Agreement (this "Subordination Agreement"), dated as of December 23, 1998, by and among BorgWarner Inc. ("BWC"), BorgWarner Diversified Transmission Products Inc. ("DTP"), BorgWarner Air/Fluid Systems Inc. ("AFS"), BorgWarner Xxxxx TEC Inc. ("TEC"), BorgWarner Transmission Systems Inc. ("TS"), BorgWarner TorqTransfer Systems Inc. ("TTS"), BorgWarner Turbo Systems Inc. ("Turbo"), BorgWarner Fuel Systems Inc. ("Fuel") and BorgWarner Cooling Systems Inc. ("CSC" and collectively with DTP, AFS, TEC, TS, TTS, Turbo, and Fuel the "Subordinated Creditors"), BWA Receivables Corporation (the "Borrower"), and ABN AMRO Bank N.V., as agent for the Lenders (as defined below) (in such capacity, the "Agent"), for the benefit of the Agent and the Lenders (the Agent and the Lenders being collectively referred to herein as the "Senior Creditors")."
Amendment to Subordination Agreement. Borrower and Guarantor agree that Section 3.10 of the Subordination Agreement, dated as of August 28, 200 1, among Borrower, Guarantor and Lender (the "Subordination Agreement") is hereby amended and restated in its entirety as follows:
Amendment to Subordination Agreement. PFG and the Senior Lender shall have entered into an amendment to the Subordination Agreement in effect with respect to Borrower.
Amendment to Subordination Agreement. Subject to the following terms and conditions, including without limitation the conditions precedent set forth in Section 6, upon execution by the parties hereto in the space provided for that purpose below, the Subordination Agreement shall be, and it hereby is, amended by amending in its entirety the first paragraph of the Subordination Agreement to be and to read as follows: "Amended and Restated Subordination Agreement (this "Subordination Agreement"), dated as of December 23, 1998, by and among Borg-Warner Automotive, Inc. ("BWAX"), Xxxx-Xarner Automotive Diversified Xxxxxxxxxxon Products Corporation ("DTP"), Borg-Warner Automotive Air/Fluid Sxxxxxx Xxxxoration ("AFS"), Borg- Warner Automotive Morse TEC Xxxxxxxxxxx ("TEC"), Borx-Xxxner Automotive Automatic Txxxxxxxxxxx Systems Corporation ("ATS"), Borg-Warner Automotive Powertrain Xxxxxxx Xxxporation ("PTS"), Borg-Warner Automotive Turbo Systexx Xxxxxxxxion ("Turbo"), Borg-Warner Automotive Fuel Systemx Xxxxxxxxxon ("Fuel") and Borg-Warner Automotive Cooling Sysxxxx Xxxxxxation ("CSC" and collectively with DTP, AFS, TEC, ATS, PTS, Turbo, and Fuel the "Subordinated Creditors"), BWA Receivables Corporation (the "Borrower"), and ABN AMRO Bank N.V., as agent for the Lenders (as defined below) (in such capacity, the "Agent"), for the benefit of the Agent and the Lenders (the Agent and the Lenders being collectively referred to herein as the "Senior Creditors"."
Amendment to Subordination Agreement. An amendment to the Subordination Agreement in favor of Agent with respect to the Twist Europe Loan, duly executed by all parties thereto.
Amendment to Subordination Agreement. Agent shall have received Amendment No. 1 to Subordination Agreement described in the definition of “Subordination Agreement” contained in Section 1.2 of this Amendment, in form and substance satisfactory to Lenders, duly executed and delivered by each Subordinated Lender (which for this purpose shall include MILPI) and Borrower, respectively;
