Amendments to Article 6 of the Credit Agreement Clause Samples
The "Amendments to Article 6 of the Credit Agreement" clause serves to formally modify the terms and provisions originally set out in Article 6 of the credit agreement between the parties. This clause typically outlines the specific changes being made, such as adjustments to covenants, financial ratios, or reporting requirements, and may detail the effective date and conditions for these amendments. By clearly documenting these modifications, the clause ensures that all parties are aware of and agree to the updated obligations, thereby preventing misunderstandings and maintaining the enforceability of the agreement.
Amendments to Article 6 of the Credit Agreement. Article 6 of the Credit Agreement, Affirmative Covenants, is hereby amended as follows:
Amendments to Article 6 of the Credit Agreement of the Credit Agreement, Information Covenants, is hereby amended by deleting the first clause thereof, commencing with the words “At the time” and ending with the words “attached hereto” and replacing the same with the following: “At the time of delivery of the financial statements described in Section 6.2 hereof with respect to each fiscal quarter end, and at the time of delivery of the financial statements described in Section 6.3 hereof with respect to each fiscal year end (or, if sooner, at the time such year-end financial statements are delivered pursuant to Section 6.5), a certificate of the chief financial officer of the Borrower, in the form of Exhibit T attached hereto:”
Amendments to Article 6 of the Credit Agreement is deleted and replaced with the following:
Amendments to Article 6 of the Credit Agreement. Article 6 of the Credit Agreement is hereby amended as of the Fifth Amendment Effective Date by inserting the following new Section 6.22 at the end thereof: