Examples of Second Amendment Period in a sentence
During the Second Amendment Period, Provider shall provide the services at the compensation described in the Amended Supplemental Scope of Services (the “Supplemental Services”), attached hereto and incorporated herein as Exhibit A-3, in addition to the Services described in the Existing Agreement.
All references in the Existing Agreement to Exhibit A-1 are understood to be references to Exhibit A-2 during the Second Amendment Period.
Except as expressly provided in this Second Amendment, all terms and conditions of the Existing Agreement are and shall remain in full force and effect during the Second Amendment Period.
As a condition of the February Payment, Vendor shall ensure that it remains fully operational and staffed, including continuing to pay and retain its bus drivers and bus aides, in order to render prompt Services at any time during the Second Amendment Period.
Except as expressly provided in this Second Amendment, all terms and conditions of the Existing Agreement shall remain in full force and effect during the Second Amendment Period.
Following the Second Amendment Period, Loans will bear interest at rates based on (a) Term SOFR plus a rate ranging from 1.125% to 2.0% per annum or (b) the Base Rate plus a rate ranging from 0.125% to 1.0% per annum, the relevant rate in each case being the Applicable Rate.
The Applicable Rate following the Second Amendment Period will be determined in accordance with a leverage-based pricing grid, as set forth in the Credit Agreement as amended by the Second Amendment.
Notwithstanding the foregoing, if during any month of the Second Amendment Period Vendor provides Services exceeding the Minimum Utilization: (i) the February Payment for that month shall be waived, and the Board shall not pay the February Payment attributable to that month; and (ii) in lieu of the February Payment, Vendor shall return to receiving payments for that month in accordance with Section 4.A. of the Original Agreement.
The GTC participants, number thereof and involvement will be mutually agreed upon by LONZA and GTC in advance of the inspection.
Exhibit A-2 replaces Exhibit A-1 during the Second Amendment Period.