Amendments to Covenants. LH may propose an amendment to a Covenant if circumstances change that would make it infeasible for LH to comply with such Covenant. Approval of the County by majority vote of the County Commission shall be required to amend a Covenant.
Amendments to Covenants. Clauses (a) and (b) of Section 1009 of the Indenture are hereby supplemented and amended to read in their entirety as follows:
Amendments to Covenants. Article 5 of the Credit Agreement is amended to replace (i) each reference to "Subsidiary" with "Restricted Subsidiary", (ii) each reference to "Subsidiaries" with "Restricted Subsidiaries" (except in Section 5.04(a)), (iii) each reference to "Consolidated Subsidiary" with "Consolidated Restricted Subsidiary", (iv) each reference to "Consolidated Subsidiaries" with "Consolidated Restricted Subsidiaries" (except in Section 5.01) and (v) each reference to "Wholly-Owned Consolidated Subsidiary" with "Wholly-Owned Consolidated Restricted Subsidiary".
Amendments to Covenants. 1. The following amendments to Article II entitled "Membership in the Owners Association" are hereby adopted:
A. A new paragraph 5 is added to read as follows:
Amendments to Covenants. Upon delivery of a notice in the form of Exhibit A hereto (the "Notice") by the Company to the Trustee that all the Consents are operative (the "Notification Time"), the Indenture shall thereupon automatically be amended as set forth below. The Notice may be delivered via facsimile or email. Upon the Notification Time, the Indenture shall automatically be amended to delete the following Articles and Sections in their entirety (unless otherwise noted) and any and all references to such Articles and Sections and any and all obligations thereunder shall be deleted throughout the Indenture, and such references, Articles and Sections shall thereafter be of no further force or effect:
(a) Section 3.03;
(b) Section 3.04;
(c) Section 3.05;
(d) Section 3.06;
(e) The first and third paragraphs of Section 3.07;
(f) Section 4.01; and
(g) Article 11.
Amendments to Covenants. The Purchasers and the Company hereby amend the Agreement as follows:
(a) Section 7.4. of the Original Agreement is amended by deleting such Section in its entirety and inserting in lieu thereof the following: "The Company will not permit the ratio of Consolidated Income Available for Fixed Charges to Consoldiated Fixed Charges to be less than (i) 1.25 to 1.0 for the twelve month period ending February 28, 2000 and (ii) as of the end of each fiscal quarter ending after February 28, 2000, 1.75 to 1.0 for the preceding twelve months. For purposes of calculating the Consolidated Fixed Charge Ratio, the amounts payable pursuant to the Neumark Settlement shall be excluded."
Amendments to Covenants. 1. Section 7.1.9 of the Restated Agreement is hereby amended and restated as follows:
Amendments to Covenants. All of the following shall be effective as of the date of this Amendment:
(a) Section 5.15 of the Loan Agreement is hereby deleted in its entirety and is replaced by the following new Section 5.15:
Amendments to Covenants. D.1 The following additional Sections are hereby added to Article 6 of the Agreement.
Amendments to Covenants. (i) Section 11.1(c) of the Credit Agreement is hereby amended by inserting the words ", calculating compliance with Section 11.6(a)" at the end of such section.
(ii) Section 11.1(d) of the Credit Agreement is hereby amended to state in its entirety as follows: "Monthly Cash Flow Forecast. On or before the first Thursday that is on or following the 15/th/ of each month, in form and substance acceptable to the Majority Lenders, a rolling four week cash flow forecast plus three additional months for the Borrower and its Subsidiaries on a consolidated basis in reasonable detail."
(iii) Section 11.1(e) of the Credit Agreement is hereby amended to state in its entirety as follows:
