Amendments to Subsection 2 Sample Clauses
Amendments to Subsection 2. 1: Commitments; Making of Loans; the Register; Notes.
A. Subsection 2.1A(iii) of the Credit Agreement is hereby amended by adding at the end thereof a new clause (c) as follows:
Amendments to Subsection 2. Section 2.1 of the Existing Credit Agreement is hereby amended by deleting the figure "$35,000,000" that appears in the proviso to the first sentence thereof and replacing it with the words "the Foreign Currency Sublimit applicable to the Revolving Facility".
Amendments to Subsection 2. 2A. No amendment, modification, termination or waiver of any provision of this Agreement which would have the effect of (i) obligating a Revolving Lender to make Revolving Loans (other than pursuant to subsection 3.3B) on a Funding Date with the concurrence of Revolving Lenders having or holding less than 80% of the aggregate Revolving Loan Exposure or (ii) changing in any manner this subsection 10.26, shall in any event be effective without the written concurrence of Revolving Lenders having or holding 80% or more of the aggregate Revolving Loan Exposure.".
Amendments to Subsection 2. 6. -----------------------------
(a) Subsection 2.6(a) of the Credit Agreement is hereby amended by adding the following sentence to the end thereof: "Notwithstanding the foregoing, in the case of the Prepayment Event consisting of the sale by the Parent of the common stock of IMSAMET, the Revolving Credit Commitments shall be reduced upon the consummation of such sale to $65,000,000."
(b) Subsection 2.6(b) of the Credit Agreement is hereby deleted in its entirety and the following is substituted in lieu thereof:
Amendments to Subsection 2. 2: Interest on the Loans ---------------------------------------------------
Amendments to Subsection 2. 10. Subsection 2.10 of the Credit Agreement is hereby amended by:
(a) deleting in its entirety paragraph (b) of subsection 2.10 and substituting in lieu thereof the following new paragraph (b):
(b) Unless the Required Prepayment Lenders shall otherwise agree, if any Capital Stock shall be issued by the Borrower or any of its Subsidiaries, an amount equal to (i) 100% of the Net Cash Proceeds received from all such issuances of Capital Stock from and after the Closing Date up to an aggregate amount equal to $75,000,000, (ii) 55% of the Net Cash Proceeds received from all such issuances of Capital Stock from and after the Closing Date in excess of an aggregate amount equal to $75,000,000 but less than $165,750,000, and (iii) 25% of the Net Cash Proceeds received from all such issuances of Capital Stock from and after the Closing Date in excess of an aggregate amount equal to $165,750,000 (other than any Net Cash Proceeds received as the result of the issuance of Capital Stock by a Subsidiary Guarantor or a Foreign Subsidiary (in accordance with subsection 7.9(e)) to the Borrower or another Subsidiary), shall be applied on the date of such issuance (or, in the case of Net Cash Proceeds received as the result of any exercise with respect to warrants, rights or options to purchase Capital Stock of the Borrower or any Subsidiary, on each date on which the aggregate amount of Net Cash Proceeds so received but not previously applied as set forth in this subsection 2.10(b) equals or exceeds $5,000,000) toward the prepayment of the Term Loans (or reduction of Term Loan Commitments) as set forth in Section 2.10(f); PROVIDED that so long as no Event of Default has occurred or is continuing pursuant to Sections 8(a), 8(e)(i), 8(e)(ii), 8(f) or 8(k), Net Cash Proceeds of Capital Stock (other than Disqualified Stock) issued by the Borrower may be used to prepay the Put Facility and to the extent so used shall not be required to be used as mandatory prepayments or Term Loan Commitment reductions hereunder."; and
Amendments to Subsection 2. 4. Subsection 2.4(b) of the Credit Agreement is hereby deleted in its entirety.
Amendments to Subsection 2. 3. Subsection 2.3 of the Credit Agreement is hereby amended by deleting paragraphs (a) and (b) therefrom and substituting in lieu thereof the following:
(a) The Tranche A Term Loan of each Tranche A Lender shall mature in sixteen consecutive quarterly installments commencing on the date fifteen months after the Closing Date, each of which shall be in an amount equal to such Lender's Tranche A Term Percentage multiplied by the percentage set forth below opposite such installment of the Tranche A Term Loans outstanding on the Merger Date (after giving effect to any Term Loans made on such date and, in any event, subject to subsection 2.16(b)): Principal Amount Installment of each Installment ----------- ------------------- 1 to 4 4% 5 to 8 6% 9 to 12 7%
(b) The Tranche B Term Loan of each Tranche B Lender shall mature in nineteen consecutive quarterly installments commencing on the date fifteen months after the Closing Date, each of which shall be in an amount equal to such Lender's Tranche B Term Percentage multiplied by the percentage set forth below opposite such installment of the Trance B Term Loans outstanding on the Merger Date (after giving effect to any Term Loans made on such date and, in any event, subject to subsection 2.16(b)): Principal Amount Installments of each Installment ------------ ------------------- 1 to 4 0.25% 5 to 8 0.25% 9 to 12 0.25% 13 to 16 0.25% 17 to 18 24.00%
Amendments to Subsection 2 of the Existing Credit Agreement is hereby amended by amending and restating clause (a) thereof to read in its entirety as follows:
Amendments to Subsection 2. 4B: PREPAYMENTS ------------------------------------------
