Specific amendments to the Facility Agreement Sample Clauses

Specific amendments to the Facility Agreement. With effect on and from the Effective Date, the Facility Agreement shall be and shall be deemed by this Agreement to be, amended as follows: (a) In clause 1.1 (Definitions) of the Facility Agreement: (i) the existing definitions of "November 2023 Amendment Agreement" and November 2023 Effective Date" shall be deleted; (ii) the following definitions shall be added in alphabetical order:
AutoNDA by SimpleDocs
Specific amendments to the Facility Agreement. With effect on and from the Effective Time the Facility Agreement shall be, and shall be deemed by this Agreement to have been, amended and restated in the form of the Amended and Restated Facility Agreement and, as so amended and restated, the Facility Agreement shall continue to be binding on each of the parties to it in accordance with its terms as so amended and restated.
Specific amendments to the Facility Agreement. With effect on and from the Effective Date, the Facility Agreement shall be, and shall be deemed by this Agreement to be, amended as follows: (a) clause 1.1 of the Facility Agreement be amended by deleting the definitionSinosure Facility” and replacing it with:
Specific amendments to the Facility Agreement. With effect on and from the Effective Date the Facility Agreement shall be, and shall be deemed by this Agreement to have been, amended as follows: (a) Underneath the heading “Operative provisions”, the wordsIt is agreed as follows:” shall be inserted. (b) by deleting each reference to "40 per cent." in the definitions of "Disclosed Person" and “Change of Ownershipin clauses 1.1 and 7.5(b) of the Facility Agreement respectively as well as in clause 19.32 of the Facility Agreement and replacing it with "30 per cent."; (c) by adding at the end of paragraph (a) of clause 8.2 of the Facility Agreement the following wording: "Provided however that, between 13 June 2016 and 30 June 2017: (i) an amount equal to 3/8ths of that part of the accrued interest constituted by the then Applicable Margin as at each Interest Payment Date shall be capitalised and added to the outstanding principal amount of the Loan and any such accrued interest shall, after being so capitalised, (a) be treated as part of the principal amount of the Loan, (b) bear interest in accordance with Clause 8.1 and (c) be repaid in full by no later than 30 June 2017; and (ii) an amount equal to 5/8ths of that part of the accrued interest constituted by the then Applicable Margin as at each Interest Payment Date shall be paid to the Lender on such Interest Payment Date. "; (d) by adding after the word "interest" in the first line of paragraph (b) of clause 8.2 of the Facility Agreement the following wording: "(or, as the case may be, capitalise part thereof pursuant to paragraph (a)(i) above),"; (a) by deleting the reference to "1 January 2017" in clause 21.3 of the Facility Agreement and replacing it with "1 July 2017"; (b) by deleting paragraph (a) of clause 25.1 of the Facility Agreement in its entirety and replacing it with the following new paragraph: (a) at any time during the period commencing on 30 June 2017 and ending on the second anniversary of the first Utilisation Date, that the Security Cover Ratio is below 100 per cent; and"; (c) the definition of, and references throughout to, each Finance Document shall be construed as if the same referred to that Finance Document as amended and supplemented by this Agreement; and (d) by construing references throughout to "this Agreement" and other like expressions as if the same referred to the Facility Agreement as amended and supplemented by this Agreement.

Related to Specific amendments to the Facility Agreement

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendments to the Original Agreement (a) of the Original Agreement is hereby deleted and replaced in its entirety to read as follows:

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

  • 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:

  • Amendments to Financing Agreement Subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, the Financing Agreement shall be amended as follows: (a) Section 1.01 of the Financing Agreement is hereby amended by adding the following defined terms in appropriate alphabetical order:

  • 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.

  • Amendments to the Agreement Except to the extent permitted by the Investment Company Act or the rules or regulations thereunder or pursuant to exemptive relief granted by the SEC, this Agreement may be amended by the parties only if such amendment, if material, is specifically approved by the vote of a majority of the outstanding voting securities of the Portfolio (unless such approval is not required by Section 15 of the Investment Company Act as interpreted by the SEC or its staff or unless the SEC has granted an exemption from such approval requirement) and by the vote of a majority of the Independent Trustees cast in person at a meeting called for the purpose of voting on such approval. The required shareholder approval shall be effective with respect to the Portfolio if a majority of the outstanding voting securities of the Portfolio vote to approve the amendment, notwithstanding that the amendment may not have been approved by a majority of the outstanding voting securities of any other Portfolio affected by the amendment or all the Portfolios of the Trust.

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