Common Contracts
1 similar Revolving Credit Facility Amendment contracts
Amendment to Revolving Credit Facility ExecutedRevolving Credit Facility Amendment • May 31st, 2022
The RCF amendment agreement (i) amends and restates certain provisions of the RCF, including, in particular, the extension and increase option as well as certain minimum cash requirements and (ii) provides for an incremental funding obligation and certain additional information undertakings of the company. Furthermore, the RCF amendment agreement suspends the net leverage ratio testing covenant to cure a formal breach by the company of such covenant as of 31 March 2022 and amends the consolidated adjusted EBITDA thresholds which the company will be required to maintain in its fiscal years 2023 and 2024.
