Amendments to Loan Agreements Sample Clauses

Amendments to Loan Agreements. (a) Section 1.1 of the Initial Loan Agreement is hereby amended by amending and restating the following definitions in their entirety as follows:
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Amendments to Loan Agreements. Immediately upon the satisfaction of each of the conditions precedent set forth in Section 2 below: (a) Section 1 of the US Loan Agreement is hereby amended by adding a new definition of “Advance Stores Letter Agreement” to read as follows:
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Amendments to Loan Agreements. Subject to the occurrence of the Effective Date pursuant to Section 19 hereof: (a) The definition of "Prime Rate" in Section 1 of the GE Loan Agreement is hereby amended by adding the following at the end of such definition: "Notwithstanding the foregoing, for the month of February 1, 2005, and each month thereafter, the term "Prime Rate", as applied to all then outstanding Loans (including any Loans made prior to February 1, 2005) shall mean a fluctuating interest rate per annum equal to the Prime Rate published in the "Money Rates" column of the Wall Street Journal on the first Business Day of such month that the Federal Reserve Bank of Chicago is open for the transaction of business."
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Amendments to Loan Agreements. Effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 2 below, on and after the date hereof, the parties hereto agree as follows:
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Amendments to Loan Agreements. The Loan Agreements are hereby amended as follows:
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Amendments to Loan Agreements. 5.1 The parties hereto agree that with effect from the Effective Date the DEG “A” Loan Agreement and the DEG “B” Loan Agreement shall be amended as follows: (a) The provisions of Clause 4 (Conditions Precedent) and Clause 5 (Disbursement) shall be deleted in their entirety and replaced with: “No longer applicable”. (b) The reference in Clause 6 (Repayment) to Schedule 11 of the Common Terms Agreement shall be amended to be a reference to Schedule 7 of the Amended and Restated Common Terms Agreement. (c) The reference in Clause 10.3 (Commitment Fees) to Clause 10.6 (Monitoring Fees) of the Common Terms Agreement shall be amended to be a reference to Clause 10.2 (Monitoring Fees) of the Amended and Restated Common Terms Agreement. (d) All references to the following existing clauses of the Common Terms Agreement included in the DEG “A” Loan Agreement and the DEG “B” Loan Agreement shall be amended such that they are deemed to be references to the new clause numbers of the Amended and Restated Common Terms Agreement, as set out in the table below: 23 (Representations and Warranties) 19
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Amendments to Loan Agreements. As long as the Loans are outstanding, the Company shall provide written notice to the Lenders of any amendment or modification of a Loan Agreement, provided that the Company shall receive the prior written approval of the Representative for the following amendment or modification in a Loan Agreement: early repayment(s) of existing loans as of the First Closing (principal or interest) in an aggregate amount exceeding US$1,000,000 compared to the Repayment Schedule under the Loan Agreements set forth on Schedule 3.1 attached hereto (regardless of changes of amounts between the lenders under the Repayments Schedules). It is hereby clarified that early repayment of up to 14 days shall not be counted for purpose of this Section. In the event that the Repayment Notice (as such term is defined in Section 3.13) states that the Company will not be able to fully repay the Obligations, then, commencing on the date of such Repayment Notice and until full repayment of the Obligations, the Company shall be required to receive the prior written approval of the Lenders for any amendments or modifications of the Loan Agreements that derogate from the Lenders’ rights under the Transaction Documents. The foregoing does not derogate from the Company’s rights to borrow new loans and credit facilities subject to the Maximum Indebtedness provisions, provided, that the Company shall provide a copy of the relevant loan agreement and ancillary documentation entered into in connection with such additional loans and credit facilities. Notwithstanding the foregoing, (i) the Company may take on-call loans and revolver loans from banks and financial institutions, subject to the Maximum Indebtedness, and such loans shall not be considered as an early repayment compared to the Repayment Schedule and shall not be considered a breach of the provisions of this section; and (ii) the Company may take new loans (not included in the Repayment Schedule), subject to the Maximum Indebtedness, in an aggregate amount of up to $2,000,000 with maturity dates prior to the Initial Payment Date and may repay such loans when they become mature regardless of the restrictions stated in this section above.
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Amendments to Loan Agreements. Immediately upon the satisfaction of each of the conditions precedent set forth in Section 2 below: (a) The definition of "EBITDA" set forth in Section 1 of the U.S. Loan Agreement is hereby amended and restated to read as follows:
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Related to Amendments to Loan Agreements

  • Amendments to Loan Agreement The Loan Agreement is hereby amended 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.

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

  • Amendments to Documents The Trust shall furnish BISYS written copies of any amendments to, or changes in, any of the items referred to in Section 18 hereof forthwith upon such amendments or changes becoming effective. In addition, the Trust agrees that no amendments will be made to the Prospectuses or Statement of Additional Information of the Trust which might have the effect of changing the procedures employed by BISYS in providing the services agreed to hereunder or which amendment might affect the duties of BISYS hereunder unless the Trust first obtains BISYS' approval of such amendments or changes.

  • Amendments to Original Agreement The Original Agreement is hereby amended as follows: (a) Article 1 is hereby amended to add the following definitions are added in the correct alphabetical location:

  • 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.

  • Modifications to Loan Agreement 1. The Loan Agreement shall be amended by deleting the following definition appearing in Section 13.1 thereof:

  • Amendments to Financing Agreement Subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, the Financing Agreement shall be amended as follows: (a) Section 1.01 of the Financing Agreement is hereby amended by adding the following defined terms in 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:

  • Amendments to Agreements The Company shall not amend, modify or otherwise change the Warrant Agreement, Trust Agreement, Registration Rights Agreement, Purchase Agreements, the Services Agreement, or any Insider Letter without the prior written consent of the Representative which will not be unreasonably withheld. Furthermore, the Trust Agreement shall provide that the trustee is required to obtain a joint written instruction signed by both the Company and the Representative with respect to the transfer of the funds held in the Trust Account from the Trust Account, prior to commencing any liquidation of the assets of the Trust Account in connection with the consummation of any Business Combination, and such provision of the Trust Agreement shall not be permitted to be amended without the prior written consent of the Representative.

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