Amendment to the Restructuring Agreement Sample Clauses

Amendment to the Restructuring Agreement. The initial introduction to Section 5.03 and clause (a) of Section 5.03 of the Restructuring Support Agreement is hereby amended and restated in its entirety to read as follows:
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Amendment to the Restructuring Agreement. The Restructuring Agreement is, subject to the satisfaction of the conditions to effectiveness set forth in Section 2 hereof, hereby amended as follows: (a) Paragraph D of the Recitals is hereby amended by deleting such Recital in its entirety and substituting in lieu thereof the following: "As of the Third Amendment Effective Data (as defined in the Third Amendment hereto dated as of December 30, 1999 by and among the parties hereto), the maximum credit facility provided by the Credit Agreement is a revolving loan of up to $5,000,000." (b) Section 8(b) is hereby amended deleting all references to the date "June 23, 2000" contained therein and inserting in lieu thereof: "October 30, 2000". (c) Section 9 (Over-Advance) is hereby amended by deleting such Section in its entirety and substituting in lieu thereof of the following: "Over-Advance. (a) The parties agree that there shall exist an over-advance in the aggregate principal amount of $1,500,000 (the "Over-Advance). All repayments of the Over-Advance made pursuant to Sections 9(b) and (c) below (i) shall permanently reduce the Over-Advance and, consequently, the maximum credit facility provided by the Credit Agreement (which as of the date hereof is $5,000,000), in each case on a dollar-for-dollar basis and (ii) may not be reborrowed. (b) The Borrower agrees to use its best efforts to sell the real property listed on Schedules A and B to the First Amendment dated as of March 10, 1999 (each property described thereon a "Property", and collectively, the "Properties"). At such time as any of the Properties is sold, then the proceeds of such sale shall be paid to PNC to be applied to repay the Over-Advance. (c) Notwithstanding anything in Sections 9(a) or (b) to the contrary, the Over-Advance shall be repaid in full and thereafter permanently reduced on the date of acceleration of the amounts due under the Credit Agreement."
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Related to Amendment to the Restructuring Agreement

  • 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 Agreement Effective as of the Amendment No. 2 Effective Date, the Agreement shall be amended as follows: The parties hereby agree to amend Exhibit A by adding the following new text as a new section 5: [START NEW TEXT]

  • Amendment to Purchase Agreement Section 1.3 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

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

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of April 21, 2011 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Existing Agreement Except as expressly amended herein, the Credit Agreement shall remain in full force and effect, and in all other respects is affirmed.

  • Amendments to the Purchase Agreement (a) Section 1.6 of the Purchase Agreement is hereby amended and restated in its entirety 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:

  • Modification of Settlement Agreement Any modification to this Settlement Agreement shall be in writing and signed by the Parties.

  • Agreement Amendment If either party hereto requests to amend this agreement, it shall notify the other party in writing, and the other party shall respond within one week. All amendments of this agreement must be made in writing by both parties, and such amendments shall be deemed as inseverable parts of this agreement.

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