Amendments to Original Loan Agreement. The Original Loan Agreement is hereby amended as follows:
Amendments to Original Loan Agreement. The following amendments are hereby made to the Original Loan Agreement:
(A) The following definitions in Section 1.1 of the Original Loan Agreement are hereby amended and restated in their entirety to read as follows:
Amendments to Original Loan Agreement. On the Effective Date, the Original Loan Agreement shall be deemed to be amended as follows:
(a) The definition of "Architect" in Section 1.1 of the Original Loan Agreement shall be amended to read in its entirety as follows:
Amendments to Original Loan Agreement. The Original Loan Agreement is amended as follows, all such amendments to be effective on the Effective Date unless otherwise indicated:
Amendments to Original Loan Agreement. 4.1 With effect from the First Effective Date the following amendments will be made to the Original Loan Agreement:
4.1.1 The following definition shall be inserted in clause 1.1 (Definitions and Interpretation) in alphabetical order:
Amendments to Original Loan Agreement. Upon the surrender to the Company of the General and Refunding Mortgage Bonds held by the Trustee pursuant to Section 16A of the Original Indenture (as added by the Sixth Supplemental Indenture), the Loan Agreement shall be amended as follows:
A. Section 6(c) of the Original Loan Agreement shall read as follows:
Amendments to Original Loan Agreement. 3.1 With effect from the Effective Date, the Original Loan Agreement shall be, and shall be deemed by this Supplemental Agreement to have been amended and restated in the form of the Amended and Restated Loan Agreement and, as amended and restated, the Original Loan Agreement shall continue in full force and effect and shall be binding on each of the parties to it on the terms of the Amended and Restated Loan Agreement.
3.2 With effect from the Effective Date, the Sustainability Coordinator shall become a party to the Amended and Restated Loan Agreement as the sustainability coordinator.
Amendments to Original Loan Agreement. With effect from the Effective Date, the Original Loan Agreement shall be amended and restated in the form set out in Schedule 3 (Loan Agreement).
Amendments to Original Loan Agreement. (a) Notwithstanding anything to the contrary contained in the Original Loan Agreement, its terms are hereby amended MUTATIS MUTANDIS, as follows:
(i) There shall be three additional Loans made.
(A) The first two loans ("A Loans") shall be in the aggregate maximum principal amount of $5,000,000.00, and the proceeds of the A Loans shall be used to refinance the purchase of certain used Equipment including used Equipment currently existing as collateral of the General Electric Credit Corporation ("GECC"). The refinancing of the GECC collateral shall be the subject of a separate Loan. The term of the A Loans shall be for sixty (60) months, and the A Loans shall bear interest at a rate per annum equal, at the Debtor's option, to the Treasury Rate plus 2.00% or the LIBOR Rate plus 2.00%. If the interest rate initially chosen is based on the LIBOR Rate, the Debtors shall have until December 31, 1997, to elect to convert the A Loans to Loans bearing an interest rate equal to the Treasury Rate plus 2.00%, all pursuant to the applicable terms of Subsection 2.2(b) of the Original Loan Agreement. The A Loans shall be evidenced by a note ("A Note") substantially in the form of Exhibit A (Fixed Interest Rate) or Exhibit A-1 (Floating Interest Rate) attached hereto.
(B) The third loan ("B Loan") shall be in the maximum principal amount of $2,500,000.00, and the proceeds of the B Loan shall be used to finance the purchase of certain new Equipment which CIT shall have found acceptable in its sole discretion. The term of the B Loan shall be for eighty-four (84) months, and the B Loan shall bear interest at a rate per annum equal, at the Debtors' option, to the Treasury Rate plus 2.00% or the LIBOR Rate plus 2.00%. If the interest rate intially chosen is based on the LIBOR Rate, the Debtors shall have until December 31, 1997, to elect to convert the B Loan to a Loan bearing an interest rate equal to the Treasury Rate plus 2.00%, all pursuant to the applicable terms of Subsection 2.2(b) of the Original Loan Agreement. The B Loan shall be evidenced by a note ("B Note") substantially in the form of Exhibit B (Fixed Interest Rate) or Exhibit B-1 (Floating Interest Rate) attached hereto.
(iii) The Debtors shall likewise have until December 31, 1997, to convert any Drawdowns made before January 1, 1996, to a Loan or Loans ("C Loan") bearing an interest rate equal to the Treasury Rate plus 2.25%, all pursuant to the applicable terms of Subsection 2.2(b) of the Original Loan Agreeme...
Amendments to Original Loan Agreement. (a) The Original Loan Agreement is hereby amended by deleting Schedules 7.1 and 7.2 thereof in their entirety and substituting therefor Schedules 7.1 and 7.2 annexed hereto.
(b) All references in the Original Loan Agreement and the other Loan Documents to the "Loan Agreement", and also in the case of the Original Loan Agreement to "this Agreement", shall be deemed to refer to the Original Loan Agreement, as amended hereby.
(c) The Original Loan Agreement and the other Loan Documents shall each be deemed amended and supplemented hereby to the extent necessary, if any, to give effect to the provisions of this Agreement.
