Amendments to the Credit Documents Sample Clauses

Amendments to the Credit Documents. The Credit Documents, including the Credit Agreement, shall be amended, effective upon the First Amendment Effective Date, as follows: (a) By deleting all references in the Credit Agreement and the other Credit Documents to Aleris Recycling, Inc., a Delaware corporation, Aleris Specialty Products, Inc., a Delaware corporation, Aleris Specification Alloys, Inc., a Delaware corporation, Aleris Recycling Bens Run, LLC, a Delaware limited liability company, and ETS Xxxxxxxx, LLC, a Delaware limited liability company, as parties to such Credit Documents, including in their capacities as U.S. Borrowers and Credit Parties thereunder. (b) By deleting all references in the Credit Agreement and the other Credit Documents to Aleris Specification Alloy Products Canada Company, an unlimited liability company organized under the laws of Nova Scotia, as a party to such Credit Documents, including in its capacities as Canadian Borrower and a Credit Party thereunder. - 6 - (c) By deleting all references in the Credit Agreement and the other Credit Documents to Aleris Recycling (German Works) GmbH, a limited liability company organized under the laws of Germany, as a party to such Credit Documents, including in its capacity as a Specified European Manufacturing Subsidiary under the Credit Agreement.
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Amendments to the Credit Documents. Each of the Banks hereby consents to the Administrative Agent entering into amendments (in form and substance satisfactory to the Administrative Agent) to certain of the Credit Documents (other than the Agreement) as the Administrative Agent shall determine in its sole discretion to cure any ambiguity, to correct or supplement any provision in any such Credit Document which may be defective or inconsistent with any other provision in any of the Credit Documents or with the intent of any of the Credit Documents, or to make any other provisions with respect to matters or questions arising under any of the Credit Documents (other than the Agreement); provided that any amendment shall not adversely affect the interests of the Banks in any material respect.
Amendments to the Credit Documents. Pursuant to Section 11.05(a) of the Credit Agreement, and subject to the satisfaction (or waiver) of the conditions set forth in Section 5, the Credit Parties, the Lenders party hereto (collectively constituting the Requisite Lenders) and the Administrative Agent agree as follows: (a) Clause (B) of Section 2.23(a) of the Existing Credit Agreement immediately preceding the first proviso thereof is hereby amended and restated in its entirety as follows:
Amendments to the Credit Documents. On the Effective Date, the following amendments shall be made to the following Credit Documents: (a) The Credit Agreement shall be amended and restated hereby as of the Effective Date in the form of Exhibit C hereto and the Second Amended and Restated Credit Agreement in the form attached as Exhibit C shall supersede the Credit Agreement in all respects. (b) The U.S. Obligations Guarantee shall be amended and restated in its entirety, and entered into by the applicable Credit Parties and the Administrative Agent and/or Collateral Agent, as of the Effective Date in the form of Exhibit D hereto. (c) The U.S. Obligations Pledge Agreement shall be amended and restated in its entirety, and entered into by the applicable Credit Parties and the Administrative Agent and/or Collateral Agent, as of the Effective Date in the form of Exhibit E hereto. (d) The U.S. Obligations Security Agreement shall be amended and restated in its entirety, and entered into by the applicable Credit Parties and the Administrative Agent and/or Collateral Agent, as of the Effective Date in the form of Exhibit F hereto. EAST\142256231.3 (e) The U.S. Title IV Collateral Agreement shall be amended and restated in its entirety, and entered into by the applicable Credit Party and the Administrative Agent and/or Collateral Agent, as of the Effective Date in the form of Exhibit G hereto.
Amendments to the Credit Documents. Effective as of the Amendment No. 3 Effective Date, (I) the Credit Agreement shall be amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the pages of the Amended Credit Agreement attached as Exhibit A hereto, (II) Schedule 2.01 to the Credit Agreement shall be replaced in its entirety with, and shall be superseded by, Schedule 2.01 attached as Exhibit B hereto (it being understood that any entity listed as a
Amendments to the Credit Documents. (a) Upon the effectiveness of the Merger, effective immediately and automatically, without further notice or documentation, the Credit Documents shall be amended hereby such that all references to (i) the Existing Borrower, and all rights and obligations of the Existing Borrower, shall be references to, and rights and obligations of, the New Borrower and (ii) the Credit Parties shall include, without limitation, the New Borrower. (b) The Credit Agreement is hereby amended by inserting the following new definitions in Section 1.1 of the Credit Agreement as appropriate to maintain the definitions in alphabetical order:
Amendments to the Credit Documents. On the Effective Date, the following amendments shall be made to the following Credit Documents: (a) The Credit Agreement shall be amended and restated hereby as of the Effective Date in the form of Exhibit C hereto and the Second Amended and Restated Credit Agreement in the form attached as Exhibit C shall supersede the Credit Agreement in all respects.
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Amendments to the Credit Documents. On the First Amendment Effective Date (as defined below): (a) the Credit Agreement is hereby amended in accordance with Section 9.02(b) thereof by deleting the stricken text (indicated textually in the same manner as the following example: stricken text) and by inserting the double-underlined text (indicated textually in the same manner as the following example: double-underlined text), as set forth in the Credit Agreement attached as Exhibit A hereto.

Related to Amendments to the Credit Documents

  • 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:

  • 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 Documents The Trust shall furnish BISYS written copies of any amendments to, or changes in, any of the items referred to in Section 18 hereof forthwith upon such amendments or changes becoming effective. In addition, the Trust agrees that no amendments will be made to the Prospectuses or Statement of Additional Information of the Trust which might have the effect of changing the procedures employed by BISYS in providing the services agreed to hereunder or which amendment might affect the duties of BISYS hereunder unless the Trust first obtains BISYS' approval of such amendments or changes.

  • Amendments to Finance Documents With effect on and from the Effective Date each of the Finance Documents other than the Loan Agreement shall be, and shall be deemed by this Agreement to have been, amended as follows: (a) the definition of, and references throughout each of the Finance Documents to, the Loan Agreement and any of the other Finance Documents shall be construed as if the same referred to the Loan Agreement and those Finance Documents as amended and supplemented by this Agreement; and (b) by construing references throughout each of the Finance Documents to “this Agreement”, “this Deed”, hereunder and other like expressions as if the same referred to such Finance Documents as amended and supplemented by this Agreement.

  • 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:

  • Amendments to Security Documents Except to the extent otherwise expressly set forth in the Guarantee and Security Agreement or the other Loan Documents, no Security Document nor any provision thereof may be waived, amended or modified, nor may the Liens granted under the Guarantee and Security Agreement be spread to secure any additional obligations (excluding (x) any increase in the Loans and Letters of Credit hereunder pursuant to a Commitment Increase under Section 2.08(e), (y) any increase in any Other Secured Indebtedness or Shorter Term Secured Indebtedness permitted hereunder and (z) the spreading of such Liens to any Designated Indebtedness or Hedging Agreement Obligations (as defined in the Guarantee and Security Agreement) as provided for in the Guarantee and Security Agreement), except pursuant to an agreement or agreements in writing entered into by the Borrower, and by the Collateral Agent with the consent of the Required Lenders; provided that, (i) except as otherwise expressly permitted by the Loan Documents, without the written consent of each Lender and each Issuing Bank, no such agreement shall release all or substantially all of the Obligors from their respective obligations under the Security Documents and (ii) except as otherwise expressly permitted by the Loan Documents, without the written consent of each Lender and each Issuing Bank, no such agreement shall release all or substantially all of the collateral security or otherwise terminate all or substantially all of the Liens under the Security Documents, alter the relative priorities of the obligations entitled to the Liens created under the Security Documents (except in connection with securing additional obligations equally and ratably with the Loans and other obligations hereunder) with respect to all or substantially all of the collateral security provided thereby, except that no such consent shall be required, and the Administrative Agent is hereby authorized (and so agrees with the Borrower) to direct the Collateral Agent under the Guarantee and Security Agreement to, and in addition to the rights of such parties under the Guarantee and Security Agreement, the Administrative Agent and the Collateral Agent under the Guarantee and Security Agreement may, (1) release any Lien covering property (and to release any such guarantor) that is the subject of either a disposition of property not prohibited hereunder (including, without limitation, any property subject to a participation or repurchase transaction) or a disposition to which the Required Lenders or the required number or percentage of Lenders have consented (and such Lien shall be released automatically (A) to the extent provided in Section 10.03 of the Guarantee and Security Agreement and (B) to the extent permitted hereunder in connection with any property becoming subject to a participation or repurchase transaction), and (2) release from the Guarantee and Security Agreement any “Subsidiary Guarantor” (and any property of such Subsidiary Guarantor) that is designated as a “Designated Subsidiary” or becomes an Excluded Asset or an Immaterial Subsidiary in accordance with this Agreement or is otherwise no longer required to be a “Subsidiary Guarantor” (including, without limitation, because it ceases to be consolidated on the Borrower’s financial statements), so long as immediately after giving effect to any such release under this clause (2) and any Concurrent Transactions, (A) the Covered Debt Amount does not exceed the Borrowing Base and the Borrower delivers a certificate of a Financial Officer to such effect to the Administrative Agent, (B) either (I) the amount of any excess availability under the Borrowing Base immediately prior to such release is not diminished as a result of such release or (II) the Adjusted Gross Borrowing Base immediately after giving effect to such release is at least 110% of the Covered Debt Amount and (C) no Event of Default has occurred and is continuing.

  • Amendments to Financing Agreement Subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, the Financing Agreement shall be amended as follows: (a) Section 1.01 of the Financing Agreement is hereby amended by adding the following defined terms in appropriate alphabetical order:

  • Modifications to Loan Documents Except as otherwise provided in Section 9.02(b) or 9.02(c) with respect to this Agreement, the Administrative Agent may, with the prior consent of the Required Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Loan Documents; provided that, without the prior consent of each Lender, the Administrative Agent shall not (except as provided herein or in the Security Documents) release all or substantially all of the Collateral or otherwise terminate all or substantially all of the Liens under any Security Document providing for collateral security, agree to additional obligations being secured by all or substantially all of such collateral security, or alter the relative priorities of the obligations entitled to the benefits of the Liens created under the Security Documents with respect to all or substantially all of the Collateral, except that no such consent shall be required, and the Administrative Agent is hereby authorized, to release any Lien covering property that is the subject of either a disposition of property permitted hereunder or a disposition to which the Required Lenders have consented.

  • Amendments to the Existing Credit Agreement Upon, and subject to, the satisfaction or waiver in accordance with Section 9.02 of the Existing Credit Agreement of the conditions precedent set forth in Section 2 below, the Existing Credit Agreement is hereby amended as follows: (a) The following new definition is included in Section 1.01 of the Existing Credit Agreement in the proper alphabetical order as follows:

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