Amendments to Section 7 of the Credit Agreement. Section 7 of the Credit Agreement is hereby amended by:
(a) deleting paragraph (c) in its entirety and inserting in lieu thereof the following:
Amendments to Section 7 of the Credit Agreement. Section 7 of the Credit Agreement is hereby amended by adding the following new ss.7.19:
Amendments to Section 7 of the Credit Agreement. (A) ----------------------------------------------- Subsection 7.6(g)(ii)(A) is hereby amended by (i) deleting the ratio "4.25 to 1.00" therein and substituting in lieu thereof the ratio "3.75 to 1.00" and (ii) adding to the end of subsection 7.6(g)(ii)(A) the following proviso: provided, further, that for purposes of calculating Consolidated EBITDA -------- ------- pursuant to this clause (A) on and after March 30, 1999, such calculation shall be made (1) during the quarter in which the Restriction Termination Date occurs, by multiplying Consolidated EBITDA for the period of the two most recently ended consecutive fiscal quarters by a fraction the numerator of which is 365 and the denominator of which is the actual number of days elapsed during such period, (2) during the quarter immediately after the quarter in which the Restriction Termination Date occurs, by multiplying Consolidated EBITDA for the period of three most recently ended consecutive fiscal quarters by a fraction the numerator of which is 365 and the denominator of which is the actual number of days elapsed during such period and (3) thereafter, by multiplying Consolidated EBITDA for the period of four fiscal quarters ending as at the last day of the most recently ended fiscal quarter by 1,
Amendments to Section 7 of the Credit Agreement. Borrower's Negative Covenants -----------------------------------------------
Subsection 7.1 (xii) of the Credit Agreement is hereby amended by deleting "Refinancing Surplus" appearing in the second proviso therein and substituting "Refinancing Indebtedness" therefor.
Amendments to Section 7 of the Credit Agreement. Section 7 of the Credit Agreement, "EVENTS OF DEFAULT," is hereby modified and amended as follows:
(a) A new Section 7.13 "TENURE OF CHIEF RESTRUCTURING OFFICER" is hereby inserted as follows:
Amendments to Section 7 of the Credit Agreement. (a) Subsection 7.1 of the Credit Agreement is hereby amended by deleting the reference to "$20,000,000" from the proviso at the end of paragraph (d) thereof and substituting in lieu thereof the amount "$16,500,000".
(b) Subsection 7.3 of the Credit Agreement is hereby amended (1) by deleting the word "and" at the end of paragraph (t) thereof and (2) by adding immediately prior to the period at the end of paragraph (u) thereof, the following language:
Amendments to Section 7 of the Credit Agreement. Section 7 of the Credit Agreement is hereby amended and restated to read in its entirety as follows:
