Sixth Amendment. This Sixth Amendment executed by the Borrower and the Bank.
Sixth Amendment. This Sixth Amendment duly executed and delivered by each of the Borrowers, the Lenders, and the Administrative Agent.
Sixth Amendment. The Administrative Agent shall have received multiple counterparts as requested of this Sixth Amendment from the Borrower, each other Obligor and each Lender.
Sixth Amendment. The Administrative Agent shall have received this Sixth Amendment executed and delivered by the Administrative Agent, the Borrower, the Lenders party to the Credit Agreement constituting the “Required Lenders” thereunder and each Lender which has a Revolving Credit Commitment (or, in the case of any Lender, a lender addendum or joinder agreement in a form specified by the Administrative Agent).
Sixth Amendment. This Sixth Amendment constitutes an “Incremental Amendment” pursuant to Section 2.24 of the Credit Agreement.
Sixth Amendment. Receipt by the Administrative Agent of satisfactory evidence that all conditions precedent to the effectiveness of the Sixth Amendment (other than the effectiveness of this Agreement) have been satisfied and that such Sixth Amendment is effective (or will be effective simultaneously with the effectiveness of this Agreement) in accordance with the terms thereof.
Sixth Amendment. This Letter Agreement sets forth the terms of the sixth amendment to the Participation Agreement, pursuant to which Range and ZaZa hereby amend the Participation Agreement, with effect on and from the date first set forth above, as follows:
A. Paragraph 3.4 of the Participation Agreement shall be amended to change the deadline for reaching the Earning Point from September 1, 2013 to November 1, 2013.
B. For the avoidance of doubt, notwithstanding anything to the contrary in Section 3.1 of the Participation Agreement, ZxXx’s option to commence the drilling of a Substitute Well as described in Paragraph 3.1 of the Participation Agreement shall be a continuing option, and ZaZa shall have the right to commence and additional Substitute Well any time a previous Substitute Well is abandoned prior to reaching the Minimum Required Depth and/or Minimum Required Lateral Interval, so long as such additional Substitute Well is commenced not later than sixty (60) calendar days after the release of the rig from the abandoned Substitute Well and a bona fide effort is made to reach the Minimum Required Depth and Minimum Required Lateral Interval.
C. If ZaZa shall assign all or a portion of its rights and obligations under the Participation Agreement to EOG, then the AMI shall not include any lands covered by oil, gas and mineral leases or options to purchase oil, gas and mineral leases owned by EOG prior to March 1, 2013.
D. For purposes of testing and logging, ZaZa may, at its option, drill and complete a vertical monitor well (the “Monitor Well”) at a mutually agreeable location on lands covered solely by the Leases. If ZaZa chooses to drill the Monitor Well, then such Monitor Well shall be drilled to include a pilot hole sufficient to log the entire [*]and provide logs that are permissible pursuant to the terms of the relevant Lease. The tests and logs on the Monitor Well shall include (1) a conventional core sample over the entire interval, [*], and (2) an open hole logging program to evaluate the entire interval in the pilot hole consisting of the following logs: [*], and possible rotary sidewall cores to evaluate prospective zones not sampled by conventional core. In addition, ZaZa shall provide to Range all reasonably available well data for the Monitor Well as described on Exhibit C to the Participation Agreement. If ZaZa chooses to drill the Monitor Well, then the above tests and logs shall be performed and provided to Range in lieu of the logs listed in Paragrap...
Sixth Amendment. Section 1.01 Definitions is hereby amended by inserting the following definition thereto in proper alphabetical order as follows:
Sixth Amendment. The Sixth Amendment and Limited Waiver, dated as of June 15, 2001, by and among the Borrowers, the Agent and the Banks. SIXTH AMENDMENT WAIVER PERIOD. The period from the "Effective Date" as defined in the Sixth Amendment through the date which is the earliest to occur of (a) 5:00 p.m. (Boston time) on September 28, 2001 and (b) any Borrower's failure to comply with the terms and conditions of this Sixth Amendment, the Credit Agreement or the other Loan Documents. TYPE A EVENT. Any transaction (including, without limitation, a merger or Asset Sale) which the Board of Directors of the Company, in its reasonable determination, concludes will result in the payment in full in cash of all Obligations owed to the Banks and the Agent. TYPE B EVENT. Any transaction (including, without limitation, a divestiture of one or more divisions) which the Board of Directors of the Company, in its reasonable determination, concludes will result in the payment of (i) more than $25,000,000 of Obligations owed to the Banks and the Agent BUT (ii) less than an amount sufficient to pay in full in cash all Obligations owed to the Banks and the Agent. TYPE C EVENT. Any event that shall result in (i) cost savings to the Company and/or any of its Subsidiaries in an aggregate amount projected on an annualized basis to be not less than $8,000,000 (such projections having been confirmed by the Bank's financial advisor) and (ii) the Board of Directors of the Company, in its reasonable determination, concludes will result on an annualized basis in a permanent reduction of the Total Commitment to $38,000,000 or less.
Sixth Amendment. Allowed two earthen berms, two access roads, and two barrier gates on the Premises for Phase VII of the Xxxxx Lake Dust Mitigation Project. (Approved 6/1/2009; Available at: xxxx://xxxxxxxx.xxx.xx.xxx/Meeting Summaries/2009 Documents/06-01- 09/ITEMSANDEXHIBITS/C23.pdf) Seventh Amendment. Authorized drip irrigation components for Phase VII of the Xxxxx Lake Dust Control Project. (Approved 10/22/2009; Available at: xxxx://xxxxxxxx.xxx.xx.xxx/Meeting Summaries/2009Documents/10-22-09/ITEMS AND EXHIBITS/C17.pdf) Eighth Amendment. Authorized sand fencing and irrigation facilities on area T1A-01 of the Premises. (Approved 12/17/2009; Available at: xxxx://xxxxxxxx.xxx.xx.xxx/Meeting Summaries/2009 Documents/12-17- 09/VotingRecord.pdf; Note: Recommendation modified; for actual approval, see: xxxx://xxxxxxxx.xxx.xx.xxx/Meeting Summaries/2009 Documents/12-17-09/Minutes.pdf)
