AMENDMENTS TO THE CREDIT AGREEMENT AND THE SECURITY AGREEMENT Sample Clauses

AMENDMENTS TO THE CREDIT AGREEMENT AND THE SECURITY AGREEMENT. 2.1 Amendments to Section 3: Letters of Credit.
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AMENDMENTS TO THE CREDIT AGREEMENT AND THE SECURITY AGREEMENT. A. Amendments to Subsection 1.1
Sample 1
AMENDMENTS TO THE CREDIT AGREEMENT AND THE SECURITY AGREEMENT. (a) Effective as of the Amendment No. 5 Effective Date and subject to the satisfaction of the conditions precedent set forth in Section 4, (i) the Credit Agreement, (ii) Schedules 1.01E, 7.02(b) and 10.02 and (iii) Exhibits D, F, G-1 and G-2 are hereby amended as set forth in the conformed copy of the Credit Agreement, as amended by this Amendment (the “Amended Credit Agreement”) attached as Annex 2 hereto. (b) Effective as of the Amendment No. 5 Effective Date and subject to the satisfaction of the conditions precedent set forth in Section 4, the Security Agreement is hereby amended as follows: (i) The clause (o) of the definition of “Excluded Assets” is amended and restated as follows: (o) any subordinated Indebtedness of a Receivables Subsidiary owed to a Restricted Subsidiary in respect of the purchase price of accounts and related assets sold under a Receivables Facility and any related Instruments (including, without limitation, promissory notes and the Subordinated Note) evidencing such subordinated Indebtedness;” (ii) Section 2.01(b) is amended and restated in its entirety as follows: (b) (i) the debt obligations owed to it and listed opposite the name of such Grantor on Schedule I, (ii) any debt obligations (including, without limitation, any intercompany notes) directly obtained in the future by such Grantor having, (A) in the case of intercompany notes, an aggregate principal amount in excess of $15 million individually and (B) in the case of third party notes, an aggregate principal amount in excess of $10 million individually and (iii) the certificates, promissory notes and any other instruments, if any, evidencing such debt obligations (the “Pledged Debt”); provided that the Pledged Debt shall not include any Excluded Assets or any intercompany notes evidencing Indebtedness owed by a Grantor to another Grantor;” (iii) Section 2.02(b) is amended and restated in its entirety as follows: (b) The Grantors will cause (or, with respect to Indebtedness owed to any Grantor by any Person other than Parent or any of its Subsidiaries, will use reasonable best efforts to cause) any Indebtedness for borrowed money owed to any Grantor by any Person (other than intercompany Indebtedness between Grantors and Indebtedness constituting an Excluded Asset) having, (A) in the case of intercompany notes, an aggregate principal amount in excess of $15 million individually and (B) in the case of third party notes, an aggregate principal amount in excess of $10 milli...
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Related to AMENDMENTS TO THE CREDIT AGREEMENT AND THE SECURITY AGREEMENT

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

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • Amendments to Loan Documents Upon any such assignment, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment.

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

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

  • Amendment to the Credit Agreement Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below (the “Amendment No. 1 Effective Date”), the parties hereto agree that the Credit Agreement is hereby amended as follows:

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • Amendments to Security Agreement (a) Section 1 of the Security Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order to such Section:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

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