Restructuring Amendment definition

Restructuring Amendment has the meaning specified in Section 4.1 of the Seventh Amendment.
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Restructuring Amendment is hereby amended by inserting “or the First Amendment Forbearance Agreement” immediately after the words “Second Forbearance Agreement” in the last sentence thereof;
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Restructuring Amendment means that certain Amendment to the Master Repurchase Agreement, dated as of May 15, 2009, among the Seller, the Buyer Agent and the Buyers.
Sample 1

Examples of Restructuring Amendment in a sentence

  • Anything in the Credit Agreement or any other Loan Document to the contrary notwithstanding, all terms and conditions of the Restructuring Amendment shall be satisfactory to the Administrative Agent and the Required Lenders in their absolute and sole discretion.

  • In the event that Holdings, the Borrowers, the Administrative Agent and the Required Lenders fail to consummate the Restructuring Amendment on or before the Revised Loan Restructuring Date, then, automatically and without the requirement of notice or further action by any party, such failure shall immediately constitute an Event of Default.

  • Notwithstanding anything herein, in any Other Lease Restructuring Amendment or in the Additional Restructuring Lease Amendment to the contrary, and for the avoidance of any doubt, it is expressly stated, acknowledged and agreed that the aggregate amount payable by Lessee Parties on the Effective Date pursuant to this Section 2(e)(i) and Section 2(e)(i) of each of the Other Lease Restructuring Amendments and the Additional Restructuring Lease Amendment is $225,000.

  • For the avoidance of doubt, at such time that the Covenant Restructuring Amendment is consummated and effective, this Section 3.2 shall be of no further force and effect.

  • Notwithstanding any other provision contained in the Loan Agreement to the contrary, until such time that the Covenant Restructuring Amendment is consummated and in effect, each request for an advance under the Revolving Credit Facility by Borrowers, and all advances made in connection therewith, shall be conditioned upon and subject to the receipt by Agent of approval of such advance from each Lender (including delivery of to Agent via electronic email).

  • For clarification purposes, the term "Reset Amendment" in Section 4.2(c) of the Fourth Amendment shall have the same meaning as the term "Restructuring Amendment".

  • For the avoidance of doubt, at such time that the Covenant Restructuring Amendment is consummated and effective, this Section 3.3 shall be of no further force and effect.

  • On or before March 22, 2002 (the "Loan Restructuring Date"), Holdings, the Borrowers, the Administrative Agent and the Required Lenders shall have agreed in writing to satisfactory amendments to the Credit Agreement with respect to repayment in full of the Loans, including but not limited to amendments to the covenants contained in Section 7 of the Credit Agreement (the "Restructuring Amendment").

  • On the date that is twelve (12) months from the Restructuring Amendment Date and every six (6) months thereafter, Seller shall reduce the then-outstanding aggregate Purchase Price for all Purchased Assets by five percent (5.0%) of such aggregate outstanding Purchase Price.

  • In the event that Holdings, the Borrowers, the Administrative Agent and the Required Lenders fail to consummate the Restructuring Amendment on or before the Covenant Reset Date, then, automatically and without the requirement of notice or further action by any party, such failure shall immediately constitute an Event of Default.


More Definitions of Restructuring Amendment

Restructuring Amendment by deleting the word "Tenth" therein and inserting the word "Eleventh" in place thereof; 2. by revising the definition of "Revised Loan Restructuring Date" by deleting the word "Tenth" therein and inserting the word "Eleventh" in place thereof; 3. by amending and restating the definition of "Waiver Period Revolving Credit Loans" to read in its entirety as follows:"Waiver Period Revolving Credit Loans" means Revolving Credit Loans and Swing Line Loans in excess of an aggregate principal amount equal to $34,747,665; and 4. by revising the definition of "Waiver Period Sublimit" by (i) deleting the words "the Seventh Amendment Waiver Period, the Eighth Amendment Waiver Period, the Ninth Amendment Waiver Period or the Tenth Amendment Waiver Period" in both instances where those words are used, and by inserting in place thereof in both instances the words "the Seventh Amendment Waiver Period, the Eighth Amendment Waiver Period, the Ninth Amendment Waiver Period, the Tenth Amendment Waiver Period or the Eleventh Amendment Waiver Period" and (ii) deleting the reference to "$2,500,000" and inserting in place thereof "$3,800,000".
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Restructuring Amendment means that certain Omnibus Amendment to Credit Agreement and Custodial and Payment Application Agreement, dated as of May 15, 2009, among the Borrowers, the Borrower Agent and the Lender.
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Related to Restructuring Amendment

  • ESG Amendment has the meaning specified in Section 2.18.

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.21.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • Qualifying Amendment means an amendment or supplement to the Proxy Statement (including by incorporation by reference) to the extent it contains (i) a Change in the Company Recommendation, (ii) a statement of the reasons of the Board of Directors of the Company for making such Change in the Company Recommendation and (iii) additional information reasonably related to the foregoing.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit P (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.15.

  • Restructuring Plan means the Restructuring Plan attached hereto as Schedule 1.1.

  • Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement, dated as of July 17, 2015, by and among the Borrower, the other Loan Parties, the Administrative Agent, the Lenders party thereto and the other parties thereto.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Restructuring Date means the date on which a Restructuring is legally effective in accordance with the terms of the documentation governing such Restructuring.

  • Restructuring Support Agreement means that certain Restructuring Support Agreement, dated as of August 18, 2020, by and among the Debtors and the Consenting Noteholders, and the other parties who signed the signature pages thereto, including all exhibits and attachments thereto.

  • Extension Agreement shall have the meaning provided in Section 2.15(c).

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Increase Joinder has the meaning specified therefor in Section 2.14.

  • Restructuring Documents means, collectively, the documents and agreements (and the exhibits, schedules, annexes and supplements thereto) necessary to implement, or entered into in connection with, this Plan, including, without limitation, the Plan Supplement, the Exhibits, the Plan Schedules, the Amended/New Organizational Documents, the Exit Facility Loan Documents, and the Plan Securities and Documents.

  • Backstop Agreement means that certain backstop commitment agreement by and among the Backstop Parties, Valaris, and the other Debtor parties thereto, as amended by that certain amended backstop commitment agreement, dated February 5, 2021, by and among the Backstop Parties, Valaris, and the other Debtor parties thereto, as may be further amended, supplemented, or modified from time to time, setting forth, among other things, the terms and conditions of the Rights Offering and the Backstop Commitments, attached as Exhibit 2 to the Restructuring Term Sheet.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Refinancing Agreement as defined in Subsection 8.3(c).

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;