Amendments to the Loan Documents Sample Clauses

Amendments to the Loan Documents. In addition to any other amendments provided for herein, the Loan Documents are hereby modified as follows (which modifications shall be effective as of the Effective Date (defined below) unless otherwise noted):
AutoNDA by SimpleDocs
Amendments to the Loan Documents. Upon the satisfaction of the conditions set forth in Section 5, the Loan Documents are hereby amended as follows:
Amendments to the Loan Documents. The Existing Credit Agreement is, effective as of the Effective Date (as defined below) and subject to the satisfaction of the conditions precedent set forth in Section 2 of this Agreement, amended as follows: (a) By adding the following new defined terms to Section 1.01 in the appropriate alphabetical order:
Amendments to the Loan Documents. Effective as of the Fifth Amendment Effective Date, the Credit Agreement is hereby 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 Credit Agreement attached as Annex C hereto.
Amendments to the Loan Documents. Effective as of the Amendment No. 4 Effective Date, (i) the Credit Agreement and each of the Schedules (other than Schedule 1) to the Credit Agreement is hereby amended and restated to read in full as set forth on Exhibit A hereto and (ii) the Guaranty Agreement is hereby amended to delete the phrase “for the Administrative Agent and, if applicable, one legal counsel for the Lenders” from the first proviso of Section 1(iii) thereof.
Amendments to the Loan Documents. Effective as of the Amendment No. 5 Effective Date, (i) the Existing Credit Agreement and each of the Schedules (other than Schedule 1) to Existing Credit Agreement is hereby amended and restated to read in full as set forth on Exhibit A hereto and (ii) Exhibit F to the Existing Credit Agreement is hereby amended and restated to read in full as set forth on Exhibit B hereto.
Amendments to the Loan Documents. (a) The Credit Agreement is hereby 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 Credit Agreement attached as Exhibit A hereto. The Schedules to the Credit Agreement are hereby replaced with the Schedules attached as Exhibit B hereto. (b) The definition of “Obligations” in Section 1.02 of the Collateral Agreement is hereby amended by inserting the following immediately prior to the words “and (c) the due and punctual payment and performance of all obligations”: or (iii) is in effect on the Amendment No. 1 Effective Date with a counterparty that is a Lender or an Affiliate of a Lender as of the Amendment No. 1 Effective Date.
AutoNDA by SimpleDocs
Amendments to the Loan Documents. From and after the date of this Agreement, and satisfaction of all the conditions precedent to the effectiveness of this Agreement as described herein, the Loan Documents shall be amended as follows: (a) The Real Estate Note shall be amended as follows: (i) Paragraphs three (3) through six (6) are hereby deleted in their entirety, and the following paragraph shall be inserted in its place: "IN THE EVENT OF PREPAYMENT OF THE BORROWER'S OBLIGATIONS UNDER THIS SECURED TERM NOTE TO THE BANK, EITHER AT THE BORROWER'S INITIATIVE OR UPON THE EXERCISE BY THE BANK OF ITS RIGHTS IN THE EVENT OF THE BORROWER'S DEFAULT, OTHER THEN FINANCING FURNISHED BY THE BANK, THE BORROWER AGREES TO PAY A PREPAYMENT FEE IN THE AMOUNT EQUAL TO ONE PERCENT (1%) OF THE PRINCIPAL BALANCE WHICH IS SO PAID OR PAYABLE PRIOR TO JANUARY 1, 2007." (ii) Paragraph eight (8) is hereby deleted in its entirety. (b) Section 2.01 of the Security Agreement shall be amended to read as follows: "LIABILITIES SHALL MEAN ANY AND ALL LIABILITIES, DEBTS, AND OBLIGATIONS OF THE BORROWER TO THE SECURED PARTY, WHETHER OR NOT ANY OF SUCH ARE LIQUIDATED, UNLIQUIDATED, PRIMARY, SECONDARY, SECURED, UNSECURED, DIRECT, INDIRECT, ABSOLUTE, CONTINGENT, OR OF ANY OTHER TYPE, NATURE, OR DESCRIPTION, OR BY REASON OF ANY CAUSE OF ACTION WHICH THE SECURED PARTY MAY HOLD AGAINST THE BORROWER, WHETHER NOW EXISTING OR HEREAFTER ARISING, INCLUDING, WITHOUT LIMITATION, ALL LIABILITIES AND OBLIGATIONS OF BORROWER TO SECURED PARTY PURSUANT TO (I) THAT CERTAIN COMMERCIAL PROMISSORY NOTE DATED NOVEMBER 10, 2005 MADE BY THE BORROWER PAYABLE THAT CERTAIN TO THE SECURED PARTY IN THE ORIGINAL PRINCIPAL AMOUNT OF $183,000.00; AND (II) THAT CERTAIN SECURED TERM NOTE DATED JANUARY 23, 2002 MADE BY THE BORROWER PAYABLE TO THE SECURED PARTY IN THE ORIGINAL PRINCIPAL AMOUNT OF $2,025,000.00."
Amendments to the Loan Documents. The Agent may at any time and from time to time without the consent of or notice to the Sellers or Sellers’ Representative, without incurring liability to the Sellers and without impairing or releasing the obligations of the Sellers under this Agreement, change the manner or place of payment or extend the time of payment of or renew or alter any of the terms of the Senior Debt, or amend, restate, modify, or refinance in any manner any Loan Document or other instrument evidencing or securing or otherwise relating to the Senior Debt; provided, however, that no such amendment, restatement, modification or refinance shall defer or cause the suspension of the payment of the Permitted Junior Debt Payments, except as contemplated and set forth in this Agreement.
Amendments to the Loan Documents. 1.1. Amendment of Section 5.10 of the Credit Agreement -
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!