Amendments to Section 2: Loans Sample Clauses

Amendments to Section 2: Loans is hereby amended by deleting clause (a) in its entirety and replacing it with a new clause (a) as follows:
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Amendments to Section 2: Loans. A. Subsection 2.1(a) of the Term Loan Agreement is hereby amended by adding the following sentence at the end thereof: "Subject to the terms and conditions hereof, each New Lender severally agrees to make a Loan to the Borrower upon the First Amendment Effective Date in an amount not to exceed the amount of the Commitment of such New Lender." B. Subsection 2.1(c) of the Term Loan Agreement is hereby amended by adding the following sentence at the end thereof: "The proceeds of the Loans made by the New Lenders upon the First Amendment Effective Date shall be used, together with approximately 9,257,375 of common stock shares issued by the Borrower, to acquire 100% of the stock of PCH by way of merger of PCH with and into PCG Acquisition Corp., a wholly owned subsidiary of Borrower to be subsequently renamed PCH, to refinance approximately $60 million of existing debt of PCH and to pay transaction costs and fees in an approximate amount of $8,000,000." C. Subsection 2.2 of the Term Loan Agreement is hereby amended (i) by adding the phrase "or the First Amendment Effective Date, as the case may be" to such subsection after each place the phrase "Closing Date" appears therein and (ii) in the second and third sentences thereof by deleting the words "Lender" or "Lenders" each place they appear and by substituting therefor the phrase "Lender or New Lender, as the case may be," or "Lender's or New Lender's, as the case may be," respectively.

Related to Amendments to Section 2: Loans

  • Amendments to Section 2 01. Section 2.01 of the Credit Agreement is hereby amended as follows: (a) Section 2.01(a) is hereby amended and restated in its entirety to read as follows:

  • Amendments to Section 5 1 of the Original Indenture. Solely for the purpose of determining Events of Default with respect to the 2023 Notes, paragraphs Section 5.1(e), Section 5.1(f) and Section 5.1(h) of the Original Indenture shall be amended such that each and every reference therein to the Issuer shall be deemed to mean either the Issuer or Consumers.

  • Amendments to Section 1.01. (i) The following definitions are hereby added to Section 1.01 of the Credit Agreement in appropriate alphabetical order:

  • Amendments to Section 7 11. Section 7.11 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendments to Section 1.1 Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions, in proper alphabetical order, as follows:

  • Amendments to Section 6 06. Section 6.06 of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Amendments to Section 8 7. Section 8.7 of the Existing Credit Agreement is hereby amended in its entirety to read as follows:

  • Amendments to Section 1 1. Section 1.1 of the Existing Credit Agreement is hereby amended by inserting the following definitions in such Section in the appropriate alphabetical sequence:

  • Amendments to Section 9 Section 9 of the Existing Credit Agreement is hereby amended as follows:

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

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