Consent and Amendment to Credit Agreement. Subject to Section 4(a) of this Amendment:
Consent and Amendment to Credit Agreement. 1. The Lenders hereby consent to the modification of the definition of "Senior Subordinated Indenture" contained in the Senior Subordinated Credit Agreement pursuant to the Second Bridge Amendment insofar as (and only insofar as) such modification provides for (i) a reduction of the available basket for the Senior Credit Facility (as defined in the Senior Subordinated Credit Agreement) provided in the definition of "Permitted Indebtedness" to be included in the Senior Subordinated Indenture (as defined in the Senior Subordinated Credit Agreement) by the amount of the proceeds of Attributed Receivables Facility Indebtedness incurred by Holdings and its Subsidiaries after December 7, 2000 in excess of $130,000,000 and (ii) a reduction of the general debt basket provided in the definition of "Permitted Indebtedness" to be included in the Senior Subordinated Indenture to $30,000,000 from the general debt basket of $35,000,000 provided in the Senior Subordinated Credit Agreement.
Consent and Amendment to Credit Agreement. Notwithstanding any term or provision of the Credit Agreement to the contrary, the Required Lenders hereby consent to the Restructuring. Immediately upon giving effect to the Restructuring and subject to the satisfaction of the conditions precedent set forth in Section 4 below, the Credit Agreement (including all Schedules and Exhibits thereto) shall be and hereby is amended to delete the struck text (indicated textually in the same manner as the following example: struck 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 I hereto.
