Amendments to Credit Agreement; Commitment Decrease Sample Clauses

Amendments to Credit Agreement; Commitment Decrease. The Credit Agreement is hereby amended as follows: (a) On the Amendment Effective Date, Schedule 2.01 (Commitment Amounts) of the Credit Agreement is amended in its entirety by substituting the Schedule 2.01 attached hereto in place thereof. Each Lender severally (and not jointly) agrees to decrease its existing Commitment Amount to the amount set forth opposite its name on Schedule 2.01 attached hereto. (b) Section 6.06(c) of the Credit Agreement is hereby amended and restated in its entirety to provide as follows: (c) pay cash dividends and distributions to the holders of the Parent’s Series A Convertible Perpetual Preferred Stock or to the holders of the Parent’s Series B Convertible Perpetual Preferred Stock from funds legally available for such purpose during any fiscal year in an amount not in excess of $30,000,000 in the aggregate, so long as, both before and immediately after giving effect to any such payment of cash dividends or distributions the Parent’s ratio of Total Debt at any such time to EBITDAX for the period of four consecutive fiscal quarters most recently ended for which financial statements are available does not exceed 5.0 to 1.0;”
Sample 1
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Related to Amendments to Credit Agreement; Commitment Decrease

  • Amendments to Credit Agreement (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be amended as follows: (a) Section 1.02 of the Original Credit Agreement shall be amended by adding the following definitions in appropriate alphabetical order:

  • Amendment to Credit Agreement (a) As of the Effective Date (as defined herein), Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in their appropriate alphabetical order:

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Revolving Credit Agreement The Agent shall have received this Agreement duly executed and delivered by each of the Banks and the Company and each of the Banks shall have received a fully executed Committed Note and a fully executed Bid Note, if such Notes are requested by any Bank pursuant to Section 12.9.

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

  • Termination of Revolving Credit Facility The Revolving Credit Facility and the Revolving Credit Commitments shall terminate on the Revolving Credit Maturity Date.

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

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