Amendment No. 1 Sample Clauses

Amendment No. 1. If the EMP does not exceed the Allowable Cost, upon completion of each of the items set forth in Section 11.20, the following shall be set forth in or attached to Amendment No. 1:
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Amendment No. 1. To Second Amended and Restated Credit and Guaranty Agreement, dated as of February 13, 2012, by and among Valeant Pharmaceuticals International, Inc. (“Borrower”), certain Subsidiaries of Borrower, as guarantors, the Lenders party thereto from time to time and Xxxxxxx Xxxxx Lending Partners LLC as administrative agent, swing line lender and collateral agent.
Amendment No. 1. Section 1 of the Agreement shall be deleted in its entirety and replaced with the following language:
Amendment No. 1. Paragraph 1.6(a) is hereby deleted in its entirety and replaced with the following language:
Amendment No. 1. This Amendment No. 1 shall have been duly executed and delivered by each of the Borrower, the Administrative Agent and Lenders.
Amendment No. 1. Section 13.01 of the Purchase Agreement is hereby amended by adding the following additional definitions:
Amendment No. 1. The following language shall replace Section 3(e): Equity. As partial consideration for entering into this Agreement, Mobilepro hereby grants Xx. Xxxxxxxx the option, in the form of warrants, to acquire five hundred thousand (500,000) shares of Mobilepro’s common stock at an exercise price of $0.225 per share (the “Option”). The right to purchase 250,000 shares shall vest upon Mobilepro’s Telco Operations reaching $5,000,000 in Adjusted EBIDTA and the other 250,000 shares shall vest ratably over the twenty-four (24) month term of this Agreement, or immediately (i) if Xx. Xxxxxxxx’x employment is terminated without cause or for good reason (as described in Section 4 hereof) or (ii) due to a Change of Control (as described in Section 5(a) hereof). In addition to the foregoing, as partial consideration for entering into this Agreement, the Company hereby grants Xx. Xxxxxxxx additional warrants to acquire one million five hundred thousand (1,500,000) shares of the Company’s common stock at an exercise price or $0.15 per share (the “Warrants”). The Warrants shall vest ratably over the remaining term of the Employment Period, or immediately (i) if Xx. Xxxxxxxx’x employment is terminated without cause or for good reason (as described in Section 4 hereof) or (ii) due to a Change of Control (as described in Section 5(a) hereof).
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Amendment No. 1. Section 1 of the Agreement shall be deleted in its entirety and replaced with the following language: The Company will employ Xx. Xxxxx, and Xx. Xxxxx will serve the Company, under the terms of this Agreement commencing November 1, 2004 (the “Commencement Date”) for a term of twenty-nine (29) months unless earlier terminated under Section 4 hereof. The period of time between the commencement and the termination of Xx. Xxxxx’x employment hereunder shall be referred to herein as the “Employment Period.”
Amendment No. 1. Section 1(i) of the Trust Agreement is hereby amended and restated in its entirety as follows:

Related to Amendment No. 1

  • Amendment and Restatement; No Novation This Agreement constitutes an amendment and restatement of the Existing Credit Agreement, effective from and after the Closing Date. The execution and delivery of this Agreement shall not constitute a novation of any indebtedness or other obligations owing to the Lenders or the Administrative Agent under the Existing Credit Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement. On the Closing Date, the credit facilities described in the Existing Credit Agreement shall be amended, supplemented, modified and restated in their entirety by this Agreement and the facilities described herein, and all loans and other obligations of the Borrower outstanding as of such date under the Existing Credit Agreement shall be deemed to be loans and obligations outstanding under the corresponding facilities described herein, without any further action by any Person, except that the Administrative Agent shall make such transfers of funds as are necessary in order that the outstanding balance of such Loans, together with any Loans funded on the Closing Date, reflect the respective Revolving Credit Commitments of the Lenders hereunder.

  • Amendment; No Waiver No provision of this Agreement may be amended, modified, waived or discharged except by a written document signed by Executive and duly authorized officer of the Company. The failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered as a waiver of such party’s rights or deprive such party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. No failure or delay by any party in exercising any right or power hereunder will operate as a waiver thereof, nor will any single or partial exercise of any other right or power. No agreements or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by any party, which are not set forth expressly in this Agreement.

  • ENTIRE AGREEMENT, AMENDMENT; NO WAIVER This Agreement and the instruments referenced herein contain the entire understanding of the Company and Investor with respect to the matters covered herein and therein and, except as specifically set forth herein or therein, neither the Company nor Investor makes any representation, warranty, covenant or undertaking with respect to such matters. No provision of this Agreement may be waived or amended other than by an instrument in writing signed by the party to be charged with enforcement.

  • Amendment and Supplement Any amendment and supplement of this Agreement shall come into force only after a written agreement is signed by both parties. The amendment and supplement duly executed by both parties shall be part of this Agreement and shall have the same legal effect as this Agreement.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of February 3, 2011 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • ENTIRE AMENDMENT; EFFECT OF AMENDMENT This Amendment, and terms and provisions hereof, constitute the entire agreement among the parties pertaining to the subject matter hereof and supersedes any and all prior or contemporaneous amendments relating to the subject matter hereof. Except for the amendments to the Loan Agreement expressly set forth in Section 2 hereof, the Loan Agreement and other Loan Documents shall remain unchanged and in full force and effect. To the extent any terms or provisions of this Amendment conflict with those of the Loan Agreement or other Loan Documents, the terms and provisions of this Amendment shall control. This Amendment is a Loan Document.

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