Modifications to the Guaranty Sample Clauses

Modifications to the Guaranty. 1. The Guaranty shall be amended by deleting the following, appearing as Recital A thereof: A. Concurrently herewith, Agent, Lenders and Gain Capital Holdings, Inc., Inc., a Delaware corporation (“Borrower”), are entering into that certain Loan and Security Agreement dated as of March 29, 2006 (as amended, restated, or otherwise modified from time to time, the “Loan Agreement”) pursuant to which Lenders have agreed to make certain advances of money and to extend certain financial accommodations to Borrower (collectively, the “Loans”), subject to the terms and conditions set forth therein. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Loan Agreement.” and inserting in lieu thereof the following: A. Agent, Lenders and Gain Capital Holdings, Inc., a Delaware corporation (“Borrower”), have entered into that certain Amended and Restated Loan and Security Agreement dated as of September 16, 2011 (as amended, restated, or otherwise modified from time to time, the “Loan Agreement”) pursuant to which Lenders have agreed to make certain advances of money and to extend certain financial accommodations to Borrower (collectively, the “Loans”), subject to the terms and conditions set forth therein. Capitalized terms used but not otherwise defined herein shall have the meanings given them in the Loan Agreement.” 2. The Guaranty shall be amended by deleting the following text, appearing in Section 8 thereof: “If to Agent: Silicon Valley Bank 000 Xxxxxxx Xxxxxx Xxxxx 00X Xxx Xxxx, Xxx Xxxx 00000 Attention: Mr. Xxxxxxx Xxxxxxx Telephone No.: (000) 000-0000 Facsimile No.: (000) 000-0000” and inserting in lieu thereof the following: “If to Agent: Silicon Valley Bank 000 Xxxxx Xxxxxx — 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Mr. Xxxxxxx Xxxxxxx Telephone No.: (000) 000-0000 Facsimile No.: (000) 000-0000”
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Modifications to the Guaranty of the Guaranty is modified to provide that Lender will not enforce the minimum net worth requirement, as calculated under Section 3.11 of the Guaranty, until the financial quarter ending March 31, 2015 at which time Borrower’s Sole Member shall be required to again be in compliance with the net worth requirements contained therein.
Modifications to the Guaranty. (a) Recital A of the Guaranty is hereby amended to delete “$75,000,000.00” and insert in lieu thereof “$40,000,000.00”.
Modifications to the Guaranty. 5.1 Amendment to the preamble of the Guaranty. Effective as of the date hereof, the Guaranty is hereby amended by deleting the preamble thereto and substituting in lieu thereof the following: "Borrower (give name and address) Bank (give name and address) ORC Management Corporation Wellx Xxxgo Bank (Texas), National 555 Theoxxxx Xxxxx Xxxnue Association Suite B-302 1445 Ross Xxxnue Rye, New York 10580 Dallxx Xxxxx 00000 (herein called "Borrower") (herein called "Bank")" whether one or more 5.1 Amendment to the paragraph 1 of the Guaranty. Effective as of the date hereof, the Guaranty is hereby amended by deleting paragraph 1 thereof and substituting in lieu thereof the following: "1. FOR VALUE RECEIVED, and in consideration of credit and financial accommodations extended, to be extended, or continued to or for the account of

Related to Modifications to the Guaranty

  • Modifications to Loan Agreement 1. The Loan Agreement shall be amended by deleting the following definition appearing in Section 13.1 thereof:

  • Modifications to Loan Documents Except as otherwise provided in Section 9.02(b) or 9.02(c) with respect to this Agreement, the Administrative Agent may, with the prior consent of the Required Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Loan Documents; provided that, without the prior consent of each Lender, the Administrative Agent shall not (except as provided herein or in the Security Documents) release all or substantially all of the Collateral or otherwise terminate all or substantially all of the Liens under any Security Document providing for collateral security, agree to additional obligations being secured by all or substantially all of such collateral security, or alter the relative priorities of the obligations entitled to the benefits of the Liens created under the Security Documents with respect to all or substantially all of the Collateral, except that no such consent shall be required, and the Administrative Agent is hereby authorized, to release any Lien covering property that is the subject of either a disposition of property permitted hereunder or a disposition to which the Required Lenders have consented.

  • Modifications to the Agreement This Agreement constitutes the entire understanding of the parties on the subjects covered. The Employee expressly warrants that he or she is not executing this Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company.

  • Modifications to Documents reference to any agreement (including this Agreement and any other Loan Document together with the schedules and exhibits hereto or thereto), document or instrument means such agreement, document or instrument as amended, modified, replaced, substituted for, superseded or restated;

  • Modifications; Amendment This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Noteholder. Additionally, for as long as any Note is contained in a Securitization Trust, the Noteholders shall not amend or modify this Agreement without first receiving a Rating Agency Confirmation; provided that no such confirmation from the Rating Agencies shall be required in connection with a modification or amendment (i) to cure any ambiguity, to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or with the Servicing Agreement, (ii) entered into pursuant to Section 32 of this Agreement or (iii) to correct or supplement any provision herein that may be defective or inconsistent with any other provisions of this Agreement.

  • Modifications, Amendments and Waivers This Agreement may not be modified or amended, or any provision thereof waived, except in a writing signed by all the parties to this Agreement.

  • Amendments to the Existing Credit Agreement Upon, and subject to, the satisfaction or waiver in accordance with Section 9.02 of the Existing Credit Agreement of the conditions precedent set forth in Section 2 below, the Existing Credit Agreement is hereby amended as follows: (a) The following new definition is included in Section 1.01 of the Existing Credit Agreement in the proper alphabetical order as follows:

  • Modifications; Amendments; Waivers The terms and provisions of this Agreement may not be modified or amended, nor may any provision be waived, except pursuant to a writing signed by the Corporation and the holders of at least a majority of the Registrable Shares then outstanding.

  • Modifications to Agreement You acknowledge that the practice of registering and administering domain names is constantly evolving; therefore, you agree that Tucows may modify this Agreement, or any other related and/or applicable agreement, as is necessary to comply with its agreements with ICANN, a registry or any other entity or individual, as well as to adjust to changing circumstances. Your continued use of the domain name registered to you will constitute your acceptance of this Agreement with any revisions. If you do not agree to any change, you may request that your domain name registration be cancelled or transferred to a different accredited registrar. You agree that such cancellation or request for transfer will be your exclusive remedy if you do not wish to abide by any change to this Agreement, or any other related and/or applicable agreement.

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

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