Amendment to the Guarantee Sample Clauses
Amendment to the Guarantee. The Guarantee is hereby amended as follows:
(a) Section 9(iii) of the Guarantee is hereby deleted in its entirety and replaced with the following:
(iii) permit the Tangible Net Worth to fall below the sum of (A) seventy-five percent (75%) of net cash proceeds of any equity issuances that have been made and capital contributions received by Guarantor or TRT, without duplication, as of November 3, 2016, plus (B) seventy-five percent (75%) of net cash proceeds of any equity issuances that have been made and capital contributions received by Guarantor or TRT, without duplication, after November 3, 2016; provided, however, that during a Wind Down Period or Term Out Period, a breach of this Section 9(a)(iii) shall not give rise to a default or Event of Default under this Agreement or the Transaction Documents so long as Principal Proceeds are applied in accordance with Article 5(e) of the Repurchase Agreement; and”
Amendment to the Guarantee. Subject to the satisfaction of the conditions precedent specified in Section 3 below, but effective as of the Amendment Effective Date, the Guarantee shall be amended as follows:
(a) SECTION 1.1. of the Guarantee shall be amended by adding the following definitions:
Amendment to the Guarantee. On the Amendment No. 2 Effective Date, the Guarantee is hereby amended as follows:
(a) Section 2(b) of the Guarantee is hereby amended and restated in its entirety to read as follows:
(b) shall furnish to the Collateral Agent as soon as available, and in any event within 15 days of the end of each calendar month, a personal financial statement on a form acceptable to the Collateral Agent;”.
Amendment to the Guarantee. On the Amendment No. 3 Effective Date, the Guarantee is hereby amended as follows:
(a) Section 3 of the Guarantee is hereby amended by replacing the phrase “as of the date hereof” in clause (ii)(y) thereof with “as of the Amendment No. 3 Effective Date (and as amended by Amendment No. 3).”
Amendment to the Guarantee. (a) The preamble to the Guarantee is hereby amended by deleting the phrase “Time Warner Entertainment Company, L.P., a Delaware limited partnership (“TWE”)” and replacing it with the following: “Time Warner Cable Enterprises LLC, a Delaware limited liability company (“TWCE”), as successor by merger to Time Warner Entertainment Company, L.P”
Amendment to the Guarantee. The Guarantee is hereby amended as follows:
(a) Clause (z) of Section 2(c)(i) of the Guarantee is hereby restated in its entirety to read as follows:
(z) additional Indebtedness, in any case not to be secured by any Cash Account at any time, in an aggregate principal amount not to exceed at any time outstanding the sum of (1) $66,000,000 and (2) to the extent any portion of such additional Indebtedness was originally incurred in a currency other than Dollars (“Alternative Currency Indebtedness”), the amount of the increase, if any, of the Dollar Equivalent at any time of the original aggregate principal amount of any such Alternative Currency Indebtedness from the Dollar Equivalent at the time of incurrence of such Alternative Currency Indebtedness or
(b) The following sentence is hereby inserted as a separate paragraph following clause (f) of Section 2: