PARAGRAPH 6A Sample Clauses

PARAGRAPH 6A. Paragraph 6A of the Note Agreement is amended in its entirety to read as follows:
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
PARAGRAPH 6A. Paragraph 6A of the Agreement is amended by replacing paragraphs 6A(1), 6A(2) and 6A(3) in their entirety with the following:
Sample 1
PARAGRAPH 6A. Certain Financial Tests. Paragraph 6A is amended in its entirety to read as follows:
Sample 1
PARAGRAPH 6A. Paragraph 6A of the Note Agreement is deleted in its entirety and the following substituted therefor:
Sample 1
PARAGRAPH 6A. Paragraph 6A is amended and restated in its entirety to ------------ read as follows: (1) Funded Debt to Net Worth Ratios. Senior Funded Debt of the Company and its Consolidated Subsidiaries (x) to exceed 45% of the sum of Senior Funded Debt and Subordinated Funded Debt of the Company and its Consolidated Subsidiaries plus the consolidated minority interest obligations shown on the most recently delivered consolidated balance sheet of the Company and its Consolidated Subsidiaries and the Consolidated Net Worth of the Company and its Consolidated Subsidiaries, or (y) plus Subordinated Funded Debt of the Company and its Consolidated Subsidiaries, taken together, to exceed 55% of the sum of Senior Funded Debt and Subordinated Funded Debt of the Company and its Consolidated Subsidiaries plus the consolidated minority interest obligations shown on the most recently delivered consolidated balance sheet of the Company and its Consolidated Subsidiaries and the Consolidated Net Worth of the Company and its Consolidated Subsidiaries; and
Sample 1

Related to PARAGRAPH 6A

  • Paragraph 2nd The changes mentioned in the present clause do not exclude the possibility of revision, at any time, of the present Contract as a result of the supervenience of relevant fact, at Anatel’s criterion.

  • PARAGRAPH TWO This Agreement shall also be accelerated, upon which the debt shall become enforceable and any disbursements shall be immediately suspended, on the date when any person who exercises a salaried position at the BENEFICIARY or is among its owners, controlling members, or officers is certified or takes office as a Federal Deputy or Senator, as such persons are subject to the prohibitions set forth in article 54, items I and II of the Federal Constitution. No default charges shall be imposed if the payment occurs within five (5) business days from the date of such certification, under penalty of otherwise the charges established for events of acceleration due to default being imposed.

  • Section 4 04 Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.......................................................65 Section 4.05 Allocation of Realized Losses.........................................66 Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........66 Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................67 Section 4.08 Surety Bond...........................................................67

  • Section 6 5 No Action Except Under Specified Documents or Instructions............................23 Section 6.6 Restrictions..........................................................................24

  • Section 3 Trustee's Good Faith Action, Expert Advice, No Bond or Surety................................... 15 Section 4. Insurance..................................................... 15

  • Subparagraph (a) of this Paragraph 15 shall not preclude a party from assigning, charging or otherwise dealing with all or any part of its interest in any sum payable to it under Paragraph 11 hereof.

  • Paragraph (c) of sub‑clause (1) of clause 8 is amended by adding thereto a new paragraph as follows:

  • Section 7 11(a) of the Credit Agreement is hereby amended to read as follows:

  • Section 1 The determination as to the application of amounts collected in respect of any Mortgage Loan or Serviced Companion Loan, in the absence of express provisions in the related Mortgage Loan documents or to the extent that such terms authorize the lender to use its discretion, shall be made by the Master Servicer.

  • Section 10 11. Article 10 Not To Prevent Events of Default or Limit Right To Accelerate..................... 91 SECTION 10.12. Trust Moneys Not Subordinated................................................................ 91 SECTION 10.13. Trustee Entitled To Rely..................................................................... 92 SECTION 10.14.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!