Loan Agreement Addendum Sample Clauses

Loan Agreement Addendum. The Business Loan Agreement Addendum, dated August 30, 2007, is hereby amended by deleting the paragraphs following "The following subsection is added to the Affirmative Covenants" and substituting in lieu thereof the following: Borrower will satisfy the Business Financial Statement covenant by delivering an annual audited financial statement prepared in accordance with GAAP for an investment company and unaudited fiscal quarterly financial statements prepared in accordance with GAAP for an investment company. Investment Portfolio Activity Report - as soon as available, but in no event later than forty-five (45) days after the end of each fiscal quarter, furnish Lender with an itemization of all investment dispositions or any additional investments made by the Borrower to include the date and dollar amount of such activity, prepared by Borrower, all as set forth in the quarterly report on Form 10-Q as filed with the Securities and Exchange Commission. Investment Portfolio Valuation Report - as soon as available, but in no event later than forty-five (45) days after the end of each fiscal quarter, furnish Lender with an itemization of all investments owned by the Borrower to include the Borrower's ownership interest and valuation for each investment, prepared by Borrower, all as set forth in the quarterly report of the Borrower on Form 10-Q as filed with the Securities and Exchange Commission. Board Management Letter - as soon as available, but in no event later than forty-five (45) days after the end of each fiscal quarter, furnish Lender with a copy of the Management Letter provided to Borrower's Board of Directors, prepared by Borrower. Minimum Investment Portfolio Value - Borrower will be required to maintain at all times an Investment Portfolio Value comprised only of Existing Portfolio Companies of not less than $5,000,000 more than the outstanding balances of all Indebtedness due Lender. The Investment Portfolio Value will be determined in accordance with the Investment Portfolio Valuation Report and generally accepted accounting principles. Change in Investment Advisor - Borrower has retained Eudaimonia Asset Management, LLC as its investment advisor for New Portfolio Companies and InvestAmerica Investment Advisors, Inc. as subadvisor with respect to Existing Portfolio Companies. Borrower agrees that if it decides to change investment advisors or subadvisors that it will notify Bank of the proposed change in advance and that any change will require ...
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Related to Loan Agreement Addendum

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 4 below, the Loan Agreement is hereby amended as follows:

  • Amendment of Loan Agreement The Loan Agreement is hereby modified and amended as follows:

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • of the Loan Agreement Section 14.1.1(c)(iii) of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

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

  • Forbearance Agreement Except as otherwise expressly provided herein, (i) the Forbearance Agreement is, and shall continue to be, in full force and effect and is hereby ratified and confirmed in all respects, except that on and after the date hereof (A) all references in the Forbearance Agreement to "this Forbearance Agreement ", "hereto", "hereof", "hereunder" or words of like import referring to the Forbearance Agreement shall mean the Forbearance Agreement as amended and modified by this Amendment, and (B) all references in the Financing Agreement or any other Loan Document to the " Forbearance Agreement ", "thereto", "thereof", "thereunder" or words of like import referring to the Forbearance Agreement shall mean the Forbearance Agreement as amended and modified by this amendment. This Amendment shall be effective only in the specific instances and for the specific purposes set forth herein and does not allow for any other or further departure from the terms and conditions of the Forbearance Agreement or the Financing Agreement which terms and conditions shall remain in full force and effect.

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Second Amendment The Administrative Agent shall have received multiple counterparts as requested of this Second Amendment from each Lender.

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