Modification to Section 3. 1(a). All references to “2.00%” in Section 3.1(a) of the Credit Agreement are hereby deleted and are hereby replaced with “1.25%”.
Modification to Section 3. 15. Section 3.15 of the Credit Agreement is hereby deleted in its entirety and is hereby replaced with the following:
Modification to Section 3. 7. Section 3.7 of the Loan Agreement is hereby amended in its entirety to read as follows:
Modification to Section 3. Section 3 of the Note is hereby amended by deleting the reference to " September 29, 2012" and inserting " September 29, 2013" in lieu therefor.
Modification to Section 3. 1(a) (Interest Rate). Section 3.1(a) of the Credit Agreement is deleted in its entirety and is replaced with the following:
Modification to Section 3. 3. The following is added as the last sentence to Section 3.3 of the Credit Agreement: Any voluntary prepayments shall reduce the Revolving Credit Loan Commitments in accordance with Section 2.4(a) of this Agreement.
Modification to Section 3. 4. The following is hereby added to Section 3.4 of the Credit Agreement:
Modification to Section 3. (a) Section 3.1.5 of the Loan Agreement shall be modified by adding a new designation of clause (a) immediately preceding the first paragraph thereof and by adding the following provision as a new clause (b):
(b) Following the occurrence and during the continuance of a Sweep Event Period, provided no Event of Default shall have occurred and be continuing, on the twentieth (20) day of each calendar month during the term of the Loan (or if such day is not a Business Day, on the next succeeding Business Day), any sums that are on deposit in the Deposit Account (other than sums on deposit in the Reserve Accounts) in excess of the amount sufficient to pay the items listed in Sections 3.1.6(a)(i)-(vi) shall be disbursed by Lender to the Borrower’s Account for purposes of payment of Borrower’s Operating Expenses in accordance with the Annual Budget, as contemplated under Section 3.1.6(a)(vii). Any funds remaining on deposit in the Deposit Account after disbursement to Borrower for budgeted Operating Expenses shall be transferred to the Sweep Event Account pursuant to Section 3.1.6(a)(viii).”
Modification to Section 3. 12. The references to “60%” and/or “80%” in Section 3.12 of the Credit Agreement are deleted and are replaced with “50%.”
Modification to Section 3
