Amendments to Credit Agreements. The Credit Agreements are amended as follows:
Amendments to Credit Agreements. Section 2.1 of the Tribeca Master Agreement, entitled “The Commitment,” and Section 2.1 of the Tribeca Warehousing Agreement, entitled “The Commitment,” are each hereby amended to delete any commitment or other obligation of Lender to make any further “Subsidiary Loans” (as defined in the Tribeca Master Agreement), or “Advances” (as defined in the Tribeca Warehousing Agreement) on and after the Original Forbearance Effective Date. In addition Section 8.2 (c)(iv) of the Tribeca Master Agreement is hereby amended to delete the second and third sentences of such section.
Amendments to Credit Agreements. The Credit Agreement is hereby amended as follows:
(a) Section 1.1 of the Credit Agreement is hereby amended by deleting the definitions of "EBITDA Threshold" in its entirety.
(b) Section 2.1(a) of the Credit Agreement is hereby amended by deleting all of clause (x)(ii) and inserting the following:
Amendments to Credit Agreements. The Credit Agreements are amended as follows:
1.1 Section 1.5(a)
Amendments to Credit Agreements. Section 2.1 of the Franklin Master Agreement, entitled “The Commitment,” Section 2.1 of the Franklin Warehousing Agreement, entitled “The Commitment,” and Section 2(a) entitled “Agreement to Make the Loan” of the Franklin Term Loan Agreement are each hereby amended to delete any commitment or other obligation of Lender to make any further “Subsidiary Loans” (as defined in the Franklin Master Agreement) or “Advances” (as defined in the Franklin Warehousing Agreement) or “Loan” (as defined in the Franklin Term Loan Agreement) on and after the Original Forbearance Effective Date. In addition Section 8.2 (c)(iv) of the Franklin Master Agreement is hereby amended to delete the second and third sentences of such section.
Amendments to Credit Agreements. The Credit Agreements are amended as follows:
1.1 The definition of “DNS Subsidiary” that appears in Schedule 1.1 to the Credit Agreements is hereby amended and restated to read in its entirety as follows:
Amendments to Credit Agreements. It is acknowledged that the Secured Obligations may, subject to the limitations set forth in each Credit Agreement, be increased, extended, renewed, replaced, restated, supplemented, restructured, repaid, refunded, refinanced or otherwise amended or modified from time to time, all without affecting the priorities set forth in Section 2.1(a) or the provisions of this Agreement defining the relative rights of the Secured Parties. The priorities provided for herein shall not be altered or otherwise affected by the release of any Shared Collateral or of any guarantees for any Secured Obligations or by any action that any Secured Party Agent or Secured Party may take or fail to take in respect of any Shared Collateral, after obtaining a perfected security interest therein.
Amendments to Credit Agreements. The Credit Agreements are amended as follows:
1.1 The first Recital of the Domestic Credit Agreement is amended to read in its entirety as follows: “Company has asked Xxxxx Fargo to provide it with (i) a $15,000,000 revolving line of credit (the “Line of Credit”) for working capital purposes and to facilitate the issuance of letters of credit, with the amount of such Line of Credit subject to increase as provided in Section 1.1(e), and (ii) a $500,000 non-revolving capital expenditure line of credit (“Capital Expenditure Line”). Xxxxx Fargo is agreeable to meeting Company’s request, provided that Company agrees to the terms and conditions of this Agreement.”
1.2 The first Recital of the Ex-Im Credit Agreement is amended to read in its entirety as follows: “Company has asked Xxxxx Fargo to provide it with a $10,000,000 revolving line of credit (the “Line of Credit”) for working capital purposes, with such Line of Credit constituting a subfacility within the Domestic Facility Agreement (defined below), with the amount of such Line of Credit subject to increase as provided in Section 1.1(e). Xxxxx Fargo is agreeable to meeting Company’s request, provided that Company agrees to the terms and conditions of this Agreement.”
1.3 Section 1.1(a)
Amendments to Credit Agreements. The defined terms “Revolving Credit Termination Date” and “Reducing Revolving Credit Commitment” appearing in Section 1.01 of the Credit Agreement are hereby amended and restated to read as follows:
Amendments to Credit Agreements. 1.1 Amendments to PM Credit Agreement ---------------------------------
