Certain Amendments to Credit Agreement. Each of the parties hereto agrees that, effective on the Amendment Effective Date (as defined below) 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 Annex I hereto;
Certain Amendments to Credit Agreement. The Credit Agreement is hereby -------------------------------------- amended, effective on the date this Amendment becomes effective in accordance with Section 3 hereof, as follows:
Certain Amendments to Credit Agreement. The Credit Agreement is, subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows:
(a) Section 1.01 is amended to add the following definition:
Certain Amendments to Credit Agreement. Notwithstanding any provision to the contrary in the Credit Agreement, no amendment or waiver of any encumbrance or restriction in the Credit Agreement on the ability of the Borrower, Holdings or any Subsidiary Loan Party to:
(i) pay dividends or make any other distributions permitted by applicable law on any Equity Interest of the Borrower, Holdings or any Subsidiary Loan Party;
(ii) pay any Indebtedness owed to the Parent or any subsidiary of the Parent;
(iii) make loans or advances to the Parent or any subsidiary of the Parent; or
(iv) transfer any of its property or assets to the Parent or any subsidiary of the Parent, shall be effective unless the Required Committed Credit Facility Parties under each Credit Facility shall have consented to such amendment or waiver.
Certain Amendments to Credit Agreement. (a) Each of the parties hereto agrees that, effective on the Amendment Effective Date (as defined below) 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 Exhibit A hereto.
(b) Each of the parties here agrees that, effective on the Amendment Effective Date, the schedules to the Credit Agreement shall hereby be amended to (i) amend and restate Schedule I, Commitment Amounts, in the form attached as Exhibit B hereto and (ii) amend and restate Exhibit A of the Credit Agreement, Form of Request for Advance, in the form attached as Exhibit C hereto (for the avoidance of doubt, all other exhibits to the Credit Agreement will remain in full force and effect in the form attached to the Credit Agreement on the Effective Date).
(c) Notwithstanding any other provision herein or in the Amended Credit Agreement, the interest on any LIBOR Advances outstanding as of immediately prior to the occurrence of the Amendment Effective Date will continue to be determined in accordance with the Credit Agreement by reference to the Eurocurrency Rate, until the end of the then current Interest Period of such LIBOR Advances, at which time interest shall be determined giving effect to the Amended Credit Agreement.
Certain Amendments to Credit Agreement. The Credit Agreement is, subject to the satisfaction of the conditions precedent set forth in Section 3, hereby amended as follows:
(a) The preamble to the Credit Agreement is amended by replacing the expression “(“Company”)” with the expression “(“CSC”)”.
(i) The definition of “Company” in Section 1.01 is amended and restated in its entirety as follows:
Certain Amendments to Credit Agreement. The Credit Agreement is, subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows:
(a) Section 1.01 is amended by deleting the definitions of “Guarantee Effective Date”, “Guarantee Release Date”, “Guarantee Stop Date”, “Guarantor”, “Guaranty” and “Loan Parties” in their entirety.
Certain Amendments to Credit Agreement. Each of the parties hereto agrees that, effective on the Amendment Effective Date (as defined below), the Credit Agreement shall be amended as follows:
(a) The definitions of “Bail-In Action”, “Bail-In Legislation” and “Write-Down and Conversion Powers” in Section 1.01 are amended in full to read as follows:
Certain Amendments to Credit Agreement. The Credit Agreement is, subject to the satisfaction of the conditions precedent set forth in Section 3, hereby amended as follows:
(a) The initial sentence of the Credit Agreement is amended by replacing the expression “(“Company”)” with the expression “(“CSC”)”. (b)
(i) The following definition of “Company” is added to Section 1.01 in the appropriate alphabetical order: “Company” means (x) prior to the consummation of the Merger, CSC and (y) following the consummation of the Merger, Xxxxxxx; (ii) Following the consummation of the Merger, all references to “Computer Sciences Corporation” (other than in the definition of “CSC” and the initial sentence of the Credit Agreement (in each case after giving effect to this Amendment) and schedule 1.01 to the Credit Agreement) in the Credit Agreement shall be deemed to be references to “Xxxxxxx SpinCo, Inc.”;
Certain Amendments to Credit Agreement. (a) Section 1.01 of the Credit Agreement is hereby amended as follows:
(i) by inserting the following sentence at the end of the definition of "Net Income": "For the fiscal quarter ended (i) December 25, 1999, Net Income shall be determined without giving effect to a restructuring charge in a pre-tax amount not to exceed $87,000,000 to be recorded by the Borrower as of December 25, 1999 and (ii) March 25, 2000, Net Income shall be determined without giving effect to a severance charge in a pre-tax amount not to exceed $3,500,000 to be recorded by the Borrower as of March 25, 2000.".
