Amendments to Subsection 8. 4.
(a) Subsection 8.4(f) of the Credit Agreement is hereby amended by deleting the period at the end of such subsection and replacing it with a semicolon followed by the word "and".
(b) Subsection 8.4 of the Credit Agreement is hereby further amended by inserting a new subsection 8.4
(g) to read as follows:
Amendments to Subsection 8. (a) Subsection 8.1 of the Credit Agreement is hereby amended by deleting clause (b) thereof and substituting in lieu thereof the following:
Amendments to Subsection 8. 3 of the Senior Credit Agreement and Subsection 11.3
Amendments to Subsection 8. 5.
(a) Subsection 8.5(b) is hereby amended by deleting the word "and" at the end thereof.
(b) Subsection 8.5(c) is hereby amended by deleting the period at the end thereof and replacing it with a semicolon and the word "and".
(c) A new Subsection 8.5(d) is hereby inserted to read as follows:
(d) Newco may be merged with or consolidated into Pearle Vision Inc. (provided that (i) Pearle Vision Inc. shall be the continuing or surviving corporation and (ii) after giving effect to such merger or consolidation, no Default or Event of Default shall be in existence)."
Amendments to Subsection 8. 1. Subsection 8.1 of the Credit Agreement is hereby amended by (a) deleting the portion of the table set forth at the end of paragraph (a) applicable to following periods and substituting in place thereof the following: September 30, 1999 $43,000,000 December 31, 1999 $46,000,000 March 31, 2000 $49,000,000 June 30, 2000 $50,000,000 September 30, 2000 $52,000,000 December 31, 2000 $54,000,000
Amendments to Subsection 8. Section 8.1 of the Existing Credit Agreement is hereby amended and restated to read in its entirety as follows:
Amendments to Subsection 8. (a) Subsection 8.3 of the Credit Agreement is hereby amended by deleting the "(i)" following the word "Liens" in the first line of clause (j) of said subsection, by deleting the word "or" preceding subclause (ii), and by deleting subclause (ii) of said clause in its entirety and inserting in lieu thereof a semicolon.
(b) Subsection 8.3 of the Credit Agreement is hereby further amended by inserting the phrase "first arising prior to the Amendment No. 4 Effective Date" in clause (k) of said subsection immediately following the word "Liens" in the first line of such clause.
(c) Subsection 8.3 of the Credit Agreement is hereby further amended by deleting clause (n) of said subsection in its entirety and inserting in lieu thereof the following new clause (n):
Amendments to Subsection 8. (a) Subsection 8.6 of the Credit Agreement is hereby amended by deleting clause (a) of said subsection in its entirety and inserting in lieu thereof the following new clause (a):
(a) [Reserved]".
(b) Subsection 8.6 of the Credit Agreement is hereby further amended by inserting the following proviso at the end of clause (f) of said subsection: "provided that an amount equal to 100% of the Net Cash Proceeds of any such abandonment or other Disposition is applied in accordance with subsection 4.4(d)."
(c) Subsection 8.6 of the Credit Agreement is hereby further amended by deleting clause (g) of said subsection in its entirety and inserting in lieu thereof the following new clause (g):
Amendments to Subsection 8. (a) Subsection 8.9 of the Credit Agreement is hereby amended by deleting clause (e) of said subsection in its entirety and inserting in lieu thereof the following new clause (e):
(i) loans and advances to officers, directors or employees of Holdings, the Borrower or any of their respective Subsidiaries in the ordinary course of business for travel and entertainment expenses or relocation expenses or (ii) relating to indemnification or reimbursement of any officers, directors or employees in respect of liabilities relating to their serving in any such capacity or as otherwise specified in subsection 8.10;"
(b) Subsection 8.9 of the Credit Agreement is hereby further amended by inserting the parenthetical "(unless otherwise consented to by the Administrative Agent)" after "25%" in clause (i) of said subsection.
(c) Subsection 8.9 of the Credit Agreement is hereby further amended by deleting clause (l) of said subsection in its entirety and inserting in lieu thereof the following new clause (l):
Amendments to Subsection 8. (a) Subsection 8.1 of the Credit Agreement is hereby amended by (x) deleting the table set forth at the end of paragraph (a) applicable to the periods after December 30, 1998 and substituting in place thereof the following: "Date Amount ----- ------ December 31, 1998 $45,000,000 March 31, 1999 $45,000,000 June 30, 1999 $46,000,000 September 30, 1999 $46,000,000 December 31, 1999 $49,000,000 4 5 March 31, 2000 $50,000,000 June 30, 2000 $52,000,000 September 30, 2000 $54,000,000 December 31, 2000 $56,000,000 March 31, 2001 $58,000,000 June 30, 2001 $60,000,000 September 30, 2001 $62,000,000 December 31, 2001 $64,000,000 March 31, 2002 $66,000,000 June 30, 2002 $68,000,000 September 30, 2002 $70,000,000 December 31, 2002 $72,000,000 March 31, 2003 $74,000,000 June 30, 2003 $76,000,000 September 30, 2003 $78,000,000 December 31, 2003 $80,000,000 March 31, 2004 $82,000,000 June 30, 2004 $84,000,000 September 30, 2004 $86,000,000 December 31, 2004 $88,000,000"
