AMENDMENTS TO CREDIT FACILITY Sample Clauses

AMENDMENTS TO CREDIT FACILITY. (a) The text of section 1.1(30) shall be deleted in its entirety and replaced by the following:
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AMENDMENTS TO CREDIT FACILITY. (a) Section 1(c) of the Credit Facility shall be amended by deleting clause (i) in the first paragraph thereof and replacing it with the following new clause (i): "(i) (A) from and including the Closing Date through and including March 12, 2000, the Offshore Rate PLUS 0.575%, (B) from and including March 13, 2000 through and including June 30, 2000, the Offshore Rate PLUS 0.70% and (C) from and including July 1, 2000 through and including the Maturity Date, the Offshore Rate PLUS 1.00%; or" (b) The definition of "Maturity Date" in Exhibit A of the Credit Facility shall be amended by deleting such definition in its entirety and replacing it with the following new definition: "Maturity Date: September 30, 2000"
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AMENDMENTS TO CREDIT FACILITY. The Company shall use its commercially reasonable efforts to obtain consent from the Required Lenders (as defined in the applicable Credit Facility) to (a) include Buyer and its Affiliates as Permitted Holders (as defined in the applicable Credit Facility) under each Credit Facility and (b) amend the ABL Credit Agreement to treat a business combination transaction with a special purpose acquisition company (including, for the avoidance of doubt, the Business Combination) as a Qualifying IPO (as defined in the ABL Credit Agreement); provided, that the use of commercially reasonable efforts shall not be interpreted to require the Company (or any of its Affiliates or Subsidiaries) to pay any fees or expenses to the Lenders (as defined in the applicable Credit Facility) under either such Credit Facility in connection with obtaining such consents.
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AMENDMENTS TO CREDIT FACILITY. The Credit Agreement is amended in accordance with the following: (a) The table in the definition of Applicable Margin set out in Section 1.1(f) of the Credit Agreement is deleted and replaced with the following: (b) The definition of Drawn Margin Utilization Premium in Section 1.1(bf) of the Credit Agreement is deleted together with the deletion of all references to the Drawn Margin Utilization Premium in the Credit Agreement. (c) The Maturity Date of the Credit Facility set out in Section 1.1(dd) of the Credit Agreement is changed from “the second anniversary of the Closing Date” to “the third anniversary of the Effective Date”. (d) The amount of the Credit Facility set out in Section 2.1 of the Credit Agreement is changed from “Cdn$150,000,000” to “US$450,000,000”. (e) The Credit Facility is available for utilization by each of the Borrowers as follows: (i) for each of WFT and Norbord, by way of Prime Rate Advances in Canadian Dollars, Base Rate Advances in US Dollars, LIBOR Advances in US Dollars and Bankers’ Acceptances in Canadian Dollars, in each case made by the Canadian Lenders through their Canadian Lending Offices; and (ii) for WFUS, by way of NY Prime Rate Advances in US Dollars or LIBOR Advances in US Dollars, in each case made by the US Lenders through their US Lending Offices, and all applicable provisions in the Credit Agreement are amended accordingly. (f) The definition of “Business Day” in Section 1.1(s) of the Credit Agreement is amended by adding a new subparagraph (ii) as follows:
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AMENDMENTS TO CREDIT FACILITY. Enter into any material amendment ----------------------------- to the Credit Facility.
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AMENDMENTS TO CREDIT FACILITY. The Trustee shall notify Bondholders of a proposed amendment of the Credit Facility which would materially adversely affect the interests of the Bondholders and may consent thereto with the consent of the owners of at least a majority in aggregate principal amount of the Bonds then Outstanding which would be affected by the action proposed to be taken; provided, that the Trustee shall not, while the Interest Rate Mode is the Long-Term Rate, without the unanimous consent of the owners of all Bonds then Outstanding, consent to any amendment which would (1) decrease the amount payable under the Credit Facility or (2) reduce the term of the Credit Facility.
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Related to AMENDMENTS TO CREDIT FACILITY

  • 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 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:

  • 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:

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • 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:

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

  • Amendments to the Existing Credit Agreement Upon, and subject to, the satisfaction or waiver in accordance with Section 9.02 of the Existing Credit Agreement of the conditions precedent set forth in Section 2 below, the Existing Credit Agreement is hereby amended as follows: (a) The following new definition is included in Section 1.01 of the Existing Credit Agreement in the proper alphabetical order as follows:

  • Amendments to Loan Documents Upon any such assignment, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment.

  • The Credit Facility 2.1 The Revolving Credit Facility Each Lender severally agrees, on the terms and conditions set forth herein, to make loans to the Borrower (each such loan, a “Revolving Loan”) from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding, together with the principal amount of Term Loans outstanding in favor of such Lender at such time, the amount set forth next to such Lender’s name on Schedule 1 (such amount together with the Lender’s Pro Rata Share of the Term Commitment, as the same may be reduced under Section 2.10 or as a result of one or more assignments under Section 10.8, the Lender’s “Commitment”); provided, however, that, after giving effect to any Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans shall not at any time exceed the combined Commitments; and provided further that the Effective Amount of the Revolving Loans, together with all Term Loans outstanding at such time, of any Lender shall not at any time exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.1, prepay under Section 3.3 and reborrow under this Section 2.1.

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