Existing Definition. (i) The definition of Change of Control contained in Section 1.1 of the Credit Agreement is hereby amended and restated as follows:
Existing Definition. The defined term “Borrowing Base” in the Credit Agreement is amended by deleting the reference to “$15,000,000” in clause (c)(ii) thereof and replacing it with “$11,200,000”.
Existing Definition. (i) The definition of Immaterial Subsidiary contained in Section 1.1 of the Credit Agreement is hereby amended and restated as follows:
Existing Definition. The defined term “Permitted Disposition” in the Credit Agreement is hereby amended as follows: (A) by deleting the “and” at the end of clause (m) thereof; by replacing the “.” At the end of clause (n) thereof with “; and” and (C) by inserting a new clause (o) immediately after clause (n) thereof to read as follows: “(o) Transformer and Breaker Sale, but only so long as such Transformer and Breaker Sale is for 100% cash consideration (received at the time of such Disposition) or other consideration reasonably acceptable to the Administrative Agent.”
Existing Definition. The definition of “Loan Documents” in Section 1.1 of the Loan Agreement is amended in its entirety to read as follows:
Existing Definition. The definition of “Priority Indebtedness” in Exhibit 2.1 of the Loan Agreement is deleted in its entirety and replaced with the following:
Existing Definition. The following definition appearing in Appendix A to the Participation Agreement is hereby amended to read in its entirety as follows:
Existing Definition. The following definition contained in Section 1.2 of the Loan Agreement shall be amended and restated in its entirety as follows:
