WAIVERS AND AMENDMENTS TO EXISTING NOTE PURCHASE AGREEMENTS AND OUTSTANDING NOTES Sample Clauses

WAIVERS AND AMENDMENTS TO EXISTING NOTE PURCHASE AGREEMENTS AND OUTSTANDING NOTES. Section 1.1. Upon satisfaction of the conditions set forth in Section 2 hereof, the Noteholders hereby waive compliance (from and after March 31, 2000 to and including September 29, 2000), and the effects of non-compliance (from and after March 31, 2000 to and including September 29, 2000), by the Company with Section 10.5 of the Existing Note Purchase Agreements to the extent that the Fixed Charges Coverage Ratio is less than 1.25x. For the avoidance of doubt, the Company specifically understands and acknowledges that the waiver set forth above does not extend to any Default or Event of Default for the quarter ended September 30, 2000.
Sample 1
AutoNDA by SimpleDocs
WAIVERS AND AMENDMENTS TO EXISTING NOTE PURCHASE AGREEMENTS AND OUTSTANDING NOTES. Section 1.1. Upon satisfaction of the conditions set forth in Section 2 hereof, the Noteholders hereby waive compliance (from and after September 30, 2000 to and including September 29, 2001), and the effects of non-compliance (from and after September 30, 2000 to and including September 29, 2001), by the Company with Section 10.5 of the Existing Note Purchase Agreements to the extent that the Fixed Charges Coverage Ratio is less than the respective ratio set forth opposite each date set forth below in the following table: Minimum Fixed Charges Fiscal Quarter End Coverage Ratio ------------------- ---------------------- September 30, 2000 1.50x December 31, 2000 1.50x March 31, 2001 1.75x June 30, 2001 2.0x For the avoidance of doubt, the Company specifically understands and acknowledges that the waiver set forth above does not extend to any Default or Event of Default under Section 10.5 for the quarter ended September 30, 2001. The Company understands and agrees that the waivers contained in this Section 1.1 pertain only to the Defaults and Events of Default herein described and only to the extent so described and not to any other Default or Event of Default which may exist under, or any other matters arising in connection with, the Existing Note Purchase Agreements or to any rights which the Noteholders have arising by virtue of any such other actions or matters.
Sample 1

Related to WAIVERS AND AMENDMENTS TO EXISTING NOTE PURCHASE AGREEMENTS AND OUTSTANDING NOTES

  • 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.

  • Amendments to Note Purchase Agreement Subject to the satisfaction of the conditions precedent set forth herein and in reliance on the representations, warranties and covenants of the Companies set forth herein and in the Note Purchase Agreement, each party hereto hereby agrees that the Note Purchase Agreement be and hereby is, amended as follows:

  • Amendments, Supplements and Waivers Section 9.01.

  • Amendments to the Existing Credit Agreement The Existing Credit Agreement is, effective as of the date of this Amendment and Restatement and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows:

  • Amendments to Existing Agreement The Existing Agreement is, effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 2 hereof, hereby amended as follows:

  • Modifications and Amendments; Waivers and Consents The terms and provisions of this Agreement may be modified or amended as provided in the Plan. Except as provided in the Plan, the terms and provisions of this Agreement may be waived, or consent for the departure therefrom granted, only by written document executed by the party entitled to the benefits of such terms or provisions. No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with respect to any other terms or provisions of this Agreement, whether or not similar. Each such waiver or consent shall be effective only in the specific instance and for the purpose for which it was given, and shall not constitute a continuing waiver or consent.

  • Amendments to Note Agreement (a) Section 1(a) of the Note Agreement is hereby amended by amending and restating in its entirety as follows:

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

  • Prepayments and Amendments (a) Except in connection with Refinancing Indebtedness permitted by Section 6.1,

  • Supplements and Amendments; Whole Agreement This Warrant may be amended or supplemented only by an instrument in writing signed by the parties hereto. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof and thereof and there are no representations, warranties, agreements or understandings other than expressly contained herein and therein.

Time is Money Join Law Insider Premium to draft better contracts faster.