Amendments to 2015 Term Loan Agreement Sample Clauses

Amendments to 2015 Term Loan Agreement. (a)The 2015 Term Loan Agreement is, upon the occurrence of the Amendment Effective Date (as defined in Section 3 below), hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the underlined text (indicated textually in the same manner as the following example: underlined text) as set forth in the pages of the 2015 Term Loan Agreement attached as Annex A (as so amended, the “Amended Term Loan Agreement”).
AutoNDA by SimpleDocs
Amendments to 2015 Term Loan Agreement. The Borrower will not, and will not permit any of its Subsidiaries to, amend or modify the 2015 Term Loan Agreement in any manner that would result in the maturity date applicable to the 2015 Term Loans being extended to a date that is later than the maturity date applicable to the 2015 Term Loans in effect on the Effective Date; provided that the foregoing shall not prohibit the Borrower from amending or modifying the 2015 Term Loan Agreement in order to extend the maturity date of the 2015 Term Loans to coincide with the Scheduled Maturity Date if, on or prior to June 14, 2017, the aggregate principal amount of the 2015 Term Loans outstanding as of the Effective Date has been reduced by 50%.

Related to Amendments to 2015 Term Loan Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!