Amendments and Waivers to Credit Agreement. 1. Section 9.01 of the Credit Agreement is hereby amended by deleting the text "and (xiv)" appearing in the last sentence of said Section and inserting the text ", (xiv) and (xx)" in lieu thereof.
Amendments and Waivers to Credit Agreement. The Credit Agreement is, as of the Effective Date (as defined below), hereby amended as follows:
Amendments and Waivers to Credit Agreement. (a) Effective as of the Effective Date:
Amendments and Waivers to Credit Agreement. 1. Section 4.02(c) of the Credit Agreement is hereby amended by inserting the following text immediately following the period at the end of said section: “Notwithstanding anything to the contrary contained in this Section 4.02(c), (x) if the New Senior Notes Documents (after the execution and delivery thereof) permit a lesser amount to be retained or reinvested, or have a shorter reinvestment period, than is provided above with respect to any Asset Sales, then such lesser permitted retained or reinvestment amount, and/or shorter reinvestment period, as the case may be, shall be applicable for purposes of this Section 4.02(c) so long as any New Senior Notes remain outstanding, and (y) in no event shall the U.S. Borrower or any of its Subsidiaries use any proceeds from any Asset Sale to make any voluntary or mandatory repayment or prepayment of New Senior Notes and, before any such obligation to use such proceeds to make such repayment shall arise, the U.S. Borrower or the respective Subsidiary shall reinvest the respective amounts as permitted above in this Section 4.02(c) or apply such proceeds as a mandatory prepayment in accordance with requirements of Sections 4.02(h) and (i).”
Amendments and Waivers to Credit Agreement. The following amendments and waiver shall become effective on the Amendment Effective Date (as defined below):
Amendments and Waivers to Credit Agreement. 1. Section 4.02(c) of the Credit Agreement is hereby amended by (i) deleting the text "with respect to no more than $75,000,000 in the aggregate of such Net Sale Proceeds (other than Net Sale Proceeds from the sale of any Public Internet Investment) received by Holdings or its Subsidiaries in any fiscal year of Holdings," appearing immediately after the text "PROVIDED that" appearing in the first sentence of said Section and inserting the following text in lieu thereof: "with respect to Net Sale Proceeds (other than Net Sale Proceeds from the sale of any Public Internet Investment) received by Holdings or its Subsidiaries in any fiscal year of Holdings not to exceed (in the aggregate) $20,000,000 (or, at any time on or after the Revised Financial Covenants Compliance Date, $75,000,000),", and (ii) deleting the second sentence appearing in said Section and inserting the following new sentence in lieu thereof: "Notwithstanding the foregoing provisions of this Section 4.02(c), (x) any mandatory repayment or commitment reduction not required to be made pursuant to the immediately preceding proviso prior to the Fifth Amendment Effective Date as a result of the application of the second sentence appearing in this Section 4.02(c) (as in effect immediately prior to the Fifth Amendment Effective Date) shall be required to be made on the Fifth Amendment Effective Date and (y) so long as no Default or Event of Default shall have occurred and be continuing (and subject to the following sentence), on and after the Revised Financial Covenants Compliance Date, no mandatory repayments or commitment reductions shall be required pursuant to the immediately preceding proviso appearing in this Section 4.02(c) until the date on which the aggregate Net Sale Proceeds from all Asset Sales not reinvested within the time periods specified by said proviso equals or exceeds $5,000,000.".
Amendments and Waivers to Credit Agreement. 1. Section 8.08(a) of the Credit Agreement is hereby amended by deleting the amount "$7,400,000" appearing in the table in said Section opposite the fiscal year ended "January, 1999" and inserting the amount "$7,800,000" in lieu thereof.
Amendments and Waivers to Credit Agreement. 1. Section 8.11(d) of the Credit Agreement is hereby amended by inserting the text “upon the acquisition of such Equity Interests by any Credit Party (subject to any delays deemed reasonably necessary or desirable under local law as requested by the U.S. Borrower and acceptable to the Administrative Agent in its sole discretion)” immediately after the text “pursuant to the Pledge Agreements” appearing in said Section.
Amendments and Waivers to Credit Agreement. 1. Section 1.01 of the Credit Agreement is hereby amended by (i) inserting the text ", the Incremental Revolving Facility" immediately after the text "Term Facility" appearing in said Section and (ii) inserting the following new clause (e) at the end of said Section:
Amendments and Waivers to Credit Agreement. 1. The reference to "December 31, 1999" in definition of IRF Maturity Date in Section 10 of the Credit Agreement is changed to read "March 31, 2000".
