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”
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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 deleting the definition of "Change in Control" in its entirety. (b) SECTION 1.1 of the Guarantee shall be amended by adding the following definitions in alphabetical order:
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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:
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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”
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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).”
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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;”.
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Related to Amendment to the Guarantee

  • Reaffirmation of the Guaranty Each Guarantor hereby ratifies, confirms, acknowledges and agrees that its obligations under its Guaranty are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Obligations (as defined in its Guaranty), as such Guaranteed Obligations may have been amended by this Agreement, and its execution and deliver of this Agreement does not indicate or establish an approval or consent requirement by such Guarantor under its Guaranty in connection with the execution and delivery of amendments to the Credit Agreement, the Notes or any of the other Loan Documents.

  • Delivery of the Funding Agreement and the Guarantee The Trust hereby authorizes the Custodian, on behalf of the Indenture Trustee, to receive the Funding Agreement from Principal Life and the Guarantee from PFG pursuant to the assignment of the Funding Agreement and Guarantee (the “Assignment”), to be entered into on the Original Issue Date, included in the closing instrument dated as of the Original Issue Date (the “Closing Instrument”).

  • The Guaranty Each of the Guarantors hereby jointly and severally guarantees to each Lender, the L/C Issuer and each other holder of Obligations as hereinafter provided, as primary obligor and not as surety, the prompt payment of the Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise) strictly in accordance with the terms thereof. The Guarantors hereby further agree that if any of the Obligations are not paid in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise), the Guarantors will, jointly and severally, promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Obligations, the same will be promptly paid in full when due (whether at extended maturity, as a mandatory prepayment, by acceleration, as a mandatory cash collateralization or otherwise) in accordance with the terms of such extension or renewal. Notwithstanding any provision to the contrary contained herein or in any other of the Loan Documents or the other documents relating to the Obligations, the obligations of each Guarantor under this Agreement and the other Loan Documents shall not exceed an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance under applicable Debtor Relief Laws.

  • Agreement to Guarantee The Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • The Guarantee Each Guarantor hereby jointly and severally with the other Guarantors guarantees, as a primary obligor and not merely as a surety to each Secured Party and their respective permitted successors and assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of (i) the Title 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code and (ii) any other Debtor Relief Laws) on the Loans made by the Lenders to, and the Notes held by each Lender of, the Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Party or any Subsidiary under any Loan Document or any Secured Hedge Agreement or any Treasury Services Agreement, in each case strictly in accordance with the terms thereof (such obligations, including any future increases in the amount thereof, being herein collectively called the “Guaranteed Obligations”); provided, however, that Guaranteed Obligations shall exclude all Excluded Swap Obligations. The Guarantors hereby jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.

  • Amendment to Security Agreement 2.1 Section 2.1(xviii) of the Security Agreement is hereby amended in its entirety as follows:

  • Amendment to the Agreement Pursuant to Section 8.3 of the Agreement, Section 2.1 of the Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • Amendment to Rights Agreement Section 1(w) of the Agreement is hereby amended by deleting it in its entirety and replacing it with the following:

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