Modification of Financial Covenant. The Financial Covenant set forth in Section 6.10 (c) of the Loan Agreement is deleted in its entirety and the following Section 6.10 (c) is hereby substituted in its place and stead:
Modification of Financial Covenant. To reflect the agreement of the parties to modify the financial covenant set forth in Paragraph 8(j) of the Credit Agreement, the parties hereto hereby agree that effective as of the Effective Date Paragraph 8(j) of the Credit Agreement is hereby amended to read in its entirety as follows:
Modification of Financial Covenant. Effective immediately and at all times from and after the December 2011 Amendment Date, Section 6.9 of the Loan Agreement, which currently reads as follows (italics added):
Modification of Financial Covenant. (a) of the Loan Agreement is amended to read as follows:
Modification of Financial Covenant. Each of the Credit Extending Parties and the Borrower hereby agree that effective as of the Closing Date, Section 6.18 of the Credit Agreement is amended to read in its entirety as follows:
Modification of Financial Covenant. The Financial Covenant set forth in Section 3.p.(iii) of the Loan Agreement, as previously amended by Amendment to Loan Agreement dated July 8, 2011, is deleted in its entirety and the following section 3.p.(iii) is substituted in its place and stead:
Modification of Financial Covenant. In Section 5 of the Schedule, the subsection entitled “Cash Infusion to Parent” is hereby amended in its entirety to read: “Cash Infusion to Parent: On or before the Commitment Document Deadline, Borrower shall provide Lender with a copy of a Commitment Document. For the purposes of this Agreement: (A) ‘Commitment Document Deadline’ means the date that is 3 Business Days after the date Lender has transmitted to Borrower, by email which shall be deemed received by Borrower when transmitted by Lender, a request for a copy of an executed Commitment Document; and (B) ‘Commitment Document’ means a term sheet or letter of intent or other similar document, acceptable to Lender executed by Person(s)
Modification of Financial Covenant. Subject to the Condition Precedent, that portion of Section 5 of the Schedule which currently reads: “An Event of Default shall be deemed to have occurred if: (1) of any of the events set forth above in this subsection entitled ‘Cash Infusion to Parent,’ fails to occur on or before the date specified with respect to such event; or (2) Lender has not received, on or before June 00,
Modification of Financial Covenant. The following requirement of section 6.2(a) of the Indenture shall not apply to the Series 4 Debentures: “and, Adjusted Assets of the Issuer are in an amount not less than one hundred and thirty percent (130%) of the aggregate principal amount of all Unsecured Indebtedness”
Modification of Financial Covenant. Section 5 of the Schedule to Loan Agreement hereby is amended and restated in its entirety to read as follows: