Specified Amendment definition

Specified Amendment. With respect to any Collateral Obligation, any amendment, waiver or modification which would:

Specified Amendment means, with respect to any Loan, any waiver, modification, amendment or variance of such Loan which does not constitute a Material Modification of the type specified in clause (ii) of the definition thereof and which effects:

Specified Amendment means any Amendment affecting (a) the second or third sentence of Section 8.2(b) or (b) any defined term in this Agreement to the extent used in any of the foregoing provisions as such term applies to such provisions.

Examples of Specified Amendment in a sentence

• Moody’s may, at its option, re-determine the credit estimate of any such Collateral Obligation which is subject to a Specified Amendment.

• The Non-Amending Backstop Party shall have five (5) business days from the date such notice is issued to terminate this Backstop Commitment Letter solely as to itself by written notice under this Section 11(c); and the failure to exercise a termination right and the failure to exercise a termination right referred to in this Section 11(c) shall be deemed to be a consent to the Specified Amendment.

• Any deemed waiver of a Specified Backstop Termination Event under Section 11(b) and any deemed consent to the Specified Amendment under Section 11(c) are subject to the condition that PG&E has provided the Backstop Party with notice of the request for the Waiver, in the case of Section 11(b), or the request for the Specified Amendment, in the case of Section 11(c), no later than the time that such request is given to holders of no more than 25% of the Aggregate Backstop Commitments.

• The provisions in this Section 5 are referred to as the “Limited Conditionality Provisions.” For the avoidance of doubt, “Loan Documents” as used in this Commitment Letter shall mean (i) if the Specified Amendment is not obtained prior to the Closing Date, the Bridge Documentation and the Backstop Documentation and (ii) if the Specified Amendment is obtained prior to the Closing Date, the Bridge Documentation only.

• The Company needs such funds to pay its Public Shareholders who have properly elected to have their Ordinary Shares redeemed by the Company in connection with a shareholder vote to approve a Specified Amendment (as defined in the Trust Agreement).

More Definitions of Specified Amendment

Specified Amendment. With respect to any Collateral Obligation that is the subject of a rating estimate or is a private or confidential rating by S&P, any waiver, modification, amendment or variance that would:

Specified Amendment has the meaning assigned to such term in Section 2.18(d).

Specified Amendment means, with respect to any Loan with an Eligible Risk Rating, any waiver, modification, amendment or variance of any term of such Loan entered into for reasons unrelated to the Obligor’s ability to make payments of principal or interest under such Loan, as determined in accordance with the Credit and Collection Policy, in a manner that would:

Specified Amendment means the amendment of section 31A of the Act of 2000 specified in column (3) of Schedule 1 of the Act of 2018 opposite reference numbers 36, 37, 38, 39, 40, 43, 44 and 45 specified in column (1) of that Schedule.

Specified Amendment means any amendment to the Transaction Documents in order to (i) allow for the addition of new types of Collateral, (ii) amend the definition of Aggregate Annualized Run Rate Revenue, Annualized Run Rate Revenue, DSCR or Senior DSCR (or any terms directly used in such definitions) in order to take into account revenue payable with respect to any Customer Agreement that has been executed but with respect to which the related Fiber Network has not been fully constructed and billing has not yet commenced or, (iii) increase or decrease the Cash Trap DSCR, Senior Cash Trap DSCR, Cash Sweep DSCR, Senior Cash Sweep DSCR or Required Liquidity Amount, (iv) increase the Trigger Leverage Ratio or (v) enter into an agreement with a third-party servicer or other entity that agrees to advance amounts to pay shortfalls in (x) debt service on the Notes or (y) certain other amounts due necessary to operate Fiber Networks.

Specified Amendment. With respect to any Collateral Obligation, any amendment, waiver or modification of the Underlying Instrument which would:

Specified Amendment means any Amendment affecting (a) any provision of Article VI, (b) the second or third sentence of Section 10.2 (b), (c) clause (y) in the last sentence of the definition of “Change of Control” as it applies to Section 4.2, or (d) any defined term in this Agreement to the extent used in any of the foregoing provisions as such term applies to such provisions.