Further Agreements and Amendments Sample Clauses

Further Agreements and Amendments. For the avoidance of doubt, (i) at any time prior to the Initial Revolving Maturity Date with respect to Loans made by Non-Extending Revolving Lenders, all borrowings and repayments of Revolving Loans shall be pro rata between Extending Revolving Lenders and Non-Extending Revolving Lenders in accordance with their respective Revolving Commitment Percentages (except for (A) payments of interest and fees at different rates on Extended Initial Revolving Commitments (and related outstandings) and (B) repayments required upon the maturity date of the Commitments of Non-Extending Revolving Lenders (i.e. April 12, 2023)) and (ii) on the Initial Revolving Maturity Date with respect to Loans made by Non-Extending Revolving Lenders, (x) the aggregate amount of participations in Letters of Credit held by Revolving Lenders shall be deemed to be reallocated so that the participations of the Revolving Lenders in outstanding Letters of Credit shall be in proportion to their respective Revolving Commitments after giving effect to such Initial Revolving Maturity Date and the Extending Revolving Lenders shall purchase Revolving Loans from the Non-Extending Revolving Lenders so that the Revolving Loans held by Extending Revolving Lenders shall be in proportion to their respective Revolving Commitments after giving effect to such Initial Revolving Maturity Date and (y) to the extent that, after giving effect to the reallocations and transfers pursuant to the preceding clause (x), the aggregate principal amount of the Revolving Loans and Swing Line Loans then outstanding, when added to the sum of the then outstanding L/C Obligations, exceeds the Revolving Commitments after giving effect to such Initial Revolving Maturity Date, the Borrower shall prepay the Revolving Loans and Swing Line Loans by the amount of such excess. For the avoidance of doubt, following the Second Amendment Effective Date, the Extended Initial Revolving Commitments shall be deemed to constitute a separate and distinct Tranche of Revolving Commitments from the Initial Revolving Commitments as in effect immediately prior to the Second Amendment Effective Date, and, on the Second Amendment Effective Date, the Initial Revolving Commitment of each of the Extending Revolving Lenders shall be deemed to have been automatically and permanently terminated and replaced by the Extended Initial Revolving Commitment of such Extending Revolving Lender.
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Further Agreements and Amendments 

Related to Further Agreements and Amendments

  • Supplements and Amendments This Agreement may be amended by the Depositor and the Owner Trustee, without the consent of any of the Noteholders or the Certificateholder, to cure any ambiguity, to correct or supplement any provisions in this Agreement or for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions in this Agreement or of modifying in any manner the rights of the Noteholders or the Certificateholder; provided, however, that such action shall not, as evidenced by an Opinion of Counsel, adversely affect in any material respect the interests of any Noteholder or the Certificateholder, provided further that 10 days’ (or, in the case of Fitch, 10 Business Days’) prior written notice of any such amendment be made available to each Rating Agency by the Administrator and, if Moody’s notifies the Owner Trustee that such amendment will result in a downgrading or withdrawal of the then-current rating of any class of the Notes, such amendment shall become effective with the consent of the Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Notes; provided further that any solicitation of such consent shall disclose the downgrading or withdrawal that would result from such amendment. This Agreement may also be amended from time to time by the Depositor and the Owner Trustee, with prior written notice made available to the Rating Agencies by the Administrator, with the consent of the Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Notes and the consent of the Certificateholder (which consents will not be unreasonably withheld) for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of the Noteholders or the Certificateholder; provided, however, that no such amendment shall (a) increase or reduce in any manner the amount of, or accelerate or delay the timing of, collections of payments on Receivables or distributions that shall be required to be made for the benefit of the Noteholders or the Certificateholder or (b) reduce the aforesaid percentage of the Outstanding Amount of the Notes required to consent to any such amendment or eliminate the consent of the Certificateholder to any such amendment, without the consent of the holders of all the outstanding Notes and the Certificate. Promptly after the execution of any such amendment or consent, the Owner Trustee shall furnish written notification of the substance of such amendment or consent to the Certificateholder, the Indenture Trustee and the Administrator, which shall make such notification available to each of the Rating Agencies. It shall not be necessary for the consent of the Certificateholder, the Noteholders or the Indenture Trustee pursuant to this Section to approve the particular form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof. Promptly after the execution of any amendment to the Certificate of Trust, the Owner Trustee shall cause the filing of such amendment with the Secretary of State. Prior to the execution of any amendment to this Agreement or the Certificate of Trust, the Owner Trustee shall be entitled to receive and rely upon an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and that all conditions precedent to the execution of such amendment have been satisfied. The Owner Trustee may, but shall not be obligated to, enter into any such amendment which affects the Owner Trustee’s own rights, duties or immunities under this Agreement or otherwise.

  • Further Agreements The Seller and the Servicer each agree to execute and deliver to the other such reasonable and appropriate additional documents, instruments or agreements as may be necessary or appropriate to effectuate the purposes of this Agreement.

  • Further Agreements and Representations Each Borrower does hereby:

  • ASSIGNMENT AND AMENDMENTS This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in section 2(a)(4) of the 1940 Act); provided that such termination shall not relieve the Adviser of any liability incurred hereunder. This Agreement may not be added to or changed orally and may not be modified or rescinded except by a writing signed by the parties hereto and in accordance with the 1940 Act, when applicable.

  • Waiver and Amendments Any waiver, alteration, amendment, or modification of any of the terms of this Agreement shall be valid only if made in writing and signed by each of the parties hereto; provided, however, that any such waiver, alteration, amendment, or modification must be consented to on the Company’s behalf by the Board. No waiver by either of the parties hereto of their rights hereunder shall be deemed to constitute a waiver with respect to any subsequent occurrences or transactions hereunder unless such waiver specifically states that it is to be construed as a continuing waiver.

  • Supplements and Amendments; Whole Agreement This Warrant may be amended or supplemented only by an instrument in writing signed by the parties hereto. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof and thereof and there are no representations, warranties, agreements or understandings other than expressly contained herein and therein.

  • Modifications and Amendments The terms and provisions of this Agreement may be modified or amended only by written agreement executed by all parties hereto.

  • Entire Agreement and Amendments This Agreement represents the entire agreement among the parties with regard to the investment management matters described herein and may not be added to or changed orally and may not be modified or rescinded except by a writing signed by the parties hereto except as otherwise noted herein.

  • Further Agreements of the Parties Each of the Enterprise Parties covenants and agrees with the Underwriters:

  • Additional Agreements and Covenants The parties further agree and covenant as follows:

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