LIMITED WAIVER TO THE CREDIT AGREEMENT Sample Clauses

LIMITED WAIVER TO THE CREDIT AGREEMENT. 1. Notwithstanding anything in Section 6.5 of the Credit Agreement to the contrary, effective on the Waiver Effective Date, the Lenders waive the limitation on Holdings and its Subsidiaries to, directly or indirectly, repurchase (the "REPURCHASE") from the employees and directors (the "RSU RECIPIENTS") of Holdings and its Subsidiaries that number of shares of Holdings' Common Stock necessary for Holdings to pay to such RSU Recipients an amount equal to all withholding taxes (including, without limitation, state, federal, local and FICA (if applicable)) imposed on such RSU Recipients in connection with the issuance by Holdings of up to 250,000 restricted share units to such RSU Recipients pursuant to Holdings' 2004 Long Term Incentive and Share Award Plan; PROVIDED that, before and after giving effect to such Repurchase, Holdings will be in compliance on a Pro Forma Basis with the covenant set forth in subsection 6.6B of the Credit Agreement; and PROVIDED FURTHER that such Repurchase shall be excluded from the calculation of the $1,000,000 limit contained in Section 6.5(ii) of the Credit Agreement.
Sample 1
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LIMITED WAIVER TO THE CREDIT AGREEMENT. Subject to the satisfaction or waiver in writing of the conditions precedent set forth in Section 6 hereof, and in accordance with Section 9.01, the Lenders hereby waive any Default or Event of Default that may exist pursuant to Section 6.18 but only attributable to Borrower's failure to comply therewith as of the last day of the fiscal quarter ending June 30, 2014 (the "Limited Waiver"). Except as expressly set forth in the preceding sentence, nothing in this Third Amendment shall be deemed to be (a) a waiver of any Default or Event of Default which exists or may exist other than the Limited Waiver, including, without limitation, any Default or Event of Default for any breach or violation of Section 6.18 for any period other than the last day of the fiscal quarter ending June 30, 2014, or (b) a waiver of (or an agreement to forbear from exercising) any rights or remedies that Administrative Agent or the Lenders have pursuant to the Credit Agreement and applicable law by reason of any Default or Event of Default.
Sample 1
LIMITED WAIVER TO THE CREDIT AGREEMENT. Lenders hereby waive compliance with the provisions of subsection 6.1(ii) of the Credit Agreement requiring Company to deliver to Agent on the date which is 45 days after the end of the Fiscal Quarter period ended June 30, 1998 the financial information and related items set forth in such subsection; provided such financial information and related items are delivered no later than September 29, 1998.
Sample 1
LIMITED WAIVER TO THE CREDIT AGREEMENT 
Sample 1

Related to LIMITED WAIVER TO THE CREDIT AGREEMENT

  • Amendment to the Credit Agreement Effective as of the date first above written and subject to the execution of this Amendment by the parties hereto and the satisfaction of the conditions precedent set forth in Section 2 below, the Credit Agreement shall be and hereby is amended as follows:

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

  • Amendments to the Credit Agreement The Credit Agreement is hereby amended as follows:

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • (b) of the Credit Agreement Section 7.14(b) of the Credit Agreement shall be amended and restated in its entirety to read as follows:

  • Credit Agreement Amendment The Credit Agreement is hereby amended as follows:

  • to the Credit Agreement Section 4.15 of the Credit Agreement is hereby amended in its entirety to read as follows:

  • The Credit Agreement (b) The Notes executed by the Borrower and delivered on the date hereof. The documents described in the foregoing clauses (a) and (b) are collectively referred to herein as the “Opinion Documents.” We have also reviewed originals or copies of such other agreements and documents as we have deemed necessary as a basis for the opinion expressed below. In our review of the Opinion Documents and other documents, we have assumed:

  • of the Credit Agreement Section 5.28 of the Credit Agreements is hereby amended to read in its entirety as follows:

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

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