AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. The Original Loan Agreement shall, with effect on and from the Fifth Restatement Date, be (and it is hereby) amended and restated so as to read in accordance with the form of the amended and restated Loan Agreement set out in Schedule 3 and (as so amended) will continue to be binding upon the parties to it in accordance with its terms as so amended and restated.
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. The Borrower and the Bank hereby agree to amend the Original Loan Agreement as follows:
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. Section 301. Amendment of Article IV of the Original Loan Agreement.
(a) Article IV of the Original Loan Agreement is hereby amended by revising Section 4.01 to read in its entirety as follows:
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. 4.1 As and with effect from 31 October 1998 the Original Loan Agreement shall be further amended as follows:-
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. 2.1 REDUCTION OF MARGIN APPLICABLE TO LOAN B AND LOAN C As and with effect from 12 December 1997 (being the date of the Memorandum referred to in Recital B to this Sixth Supplemental Agreement) the Margin applicable to each of Loan B and Loan C will be deemed to have been reduced to forty-five basis points (0.45%) per annum.
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT a. Section 1.58 defining "Scheduled Maturity Date" of the Original Loan Agreement is hereby amended to delete the date "June 30, 1998" and insert the date "September 30, 1998" in lieu thereof.
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. 2.01. As a result of the transfer by novation under the Novation Deed, the Original Loan Agreement as novated by the Novation Deed shall, as and with effect on and from the Effective Date be and is hereby amended so as to read in accordance with the form of the amended and restated Loan Agreement set out in schedule 1 (the "Restated Loan Agreement") and (as so amended) will continue to be binding upon the Bank and the Borrower in accordance with its terms as so amended and restated.
2.02. With effect from the Effective Date (a) references in the Restated Loan Agreement to "this Agreement" shall be deemed to be references to the Restated Loan Agreement as it may be further amended, or supplemented, or varied; (b) references in the Restated Loan Agreement (including, but not limited to, clause 11.01 thereof) to the "Master Swap Agreement", the "Corporate Guarantee", the "Mortgage", the "Assignment of Insurances and Earnings", the "Assignment of Charter", the "Manager's Undertaking and Assignment of the Manager", the "Master Agreement Security Deed", the "Earnings Account Pledge" and the "Cash Collateral Account Pledge" shall be deemed to be references to the New Master Swap Agreement, the New Corporate Guarantee, the New Mortgage, the New Assignment of Insurances and Earnings, the New Assignment of Charter, the New Manager's Undertaking and Assignment of the Manager, the New Master Agreement Security Deed, the New Earnings Account Pledge and the New Cash Collateral Account Pledge respectively; (c) reference in the Restated Loan Agreement to the "Earnings Account" shall be deemed to be reference to the New Earnings Account; (d) reference in the Restated Loan Agreement to the "Cash Collateral Account" shall be deemed to be reference to the New Cash Collateral Account; and (e) reference in the Restated Loan Agreement to the "Swap Provider" shall be deemed to be reference to the New Swap Provider.
2.03. Save as amended by this Supplemental Agreement, the provisions of the Loan Agreement shall continue in full force and effect and the Loan Agreement and this Deed shall be read and construed as one instrument.
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. The Parties hereto agree that:
(a) The following additional definitions are to be included in Clause 1.1 of the Original Loan Agreement:
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. Subject to the satisfaction of the conditions set forth herein, the Original Loan Agreement is amended as follows:
(a) The “Recitals” are hereby amended and restated in their entirety to read as follows: Borrower has applied to Lender for a term loan in the amount of TWENTY-ONE MILLION EIGHT HUNDRED SEVENTY-FIVE THOUSAND DOLLARS ($21,875,000) (the “Loan”), and Lender is willing to make the Loan on the terms and conditions hereinafter set forth.
(b) Section 2.1 of the Original Loan Agreement is amended as follows:
(i) The definition of the term “Note” is hereby amended and restated to read as follows:
AMENDMENTS TO THE ORIGINAL LOAN AGREEMENT. 2.01. The Original Loan Agreement is amended in accordance with the following provisions (and the Original Loan Agreement (as so amended) will continue to be binding upon the Bank and the Borrower upon such terms as so amended):
(a) It is hereby agreed that the Loan Agreement shall be governed by and construed in accordance with English law.
(b) It is hereby agreed that the courts of England shall have exclusive jurisdiction to settle any dispute arising out of or in connection with the Loan Agreement.
(c) As a result of the above agreements of the parties in this clause 2.01, the following amendments are hereby made to the Original Loan Agreement:
(i) Clause 13.12 of the Original Loan Agreement is hereby amended to read as follows: