Amendment to Article 7 Sample Clauses

Amendment to Article 7. Article 7 of the Employment Agreement is hereby amended by adding a new paragraph 7.13 to read as follows:
AutoNDA by SimpleDocs
Amendment to Article 7. Article 7 of the Credit Agreement is amended as follows:
Amendment to Article 7. Article 7 of the Agreement is hereby amended by adding the language set forth below as a new Section 7.17:
Amendment to Article 7. The second to last paragraph of Section 7.7 is hereby deleted in its entirety and replaced with the following: "When the Trustee incurs expenses or renders services (a) after an Event of Default specified in Section 6.1(b) hereof occurs, or (b) after the Company or any of its Restricted Subsidiaries pursuant to or within the meaning of Bankruptcy Law (i) commence a voluntary case, (ii) consent to the entry of an order for relief against them in an involuntary case, (iii) consent to the appointment of a Custodian of them or for all or substantially all of their property, (iv) make a general assignment for the benefit of their creditors, or (v) generally are not paying their debts as they become due, the expenses and the compensation for the services (including the fees and expenses of its agents and counsel) are intended to constitute expenses of administration under any Bankruptcy Law."
Amendment to Article 7. Section 7.6 of the Loan Agreement, Investments ---------------------- ----------- and Acquisitions, is hereby amended by deleting subsections (a), (b) and (c) ---------------- thereof in their entirety and by substituting the following in lieu thereof:
Amendment to Article 7. Section 7.8 of the Stock Purchase Agreement is hereby deleted in its entirety and replaced with the following:
Amendment to Article 7. Article 7 of the Loan Agreement, Negative Covenants, is hereby further amended by inserting at the end of Article 7 the following new Section 7.16:
AutoNDA by SimpleDocs
Amendment to Article 7. (a) The subsection (a) of Article 7, Section 7.01, entitled “Capital Repairs/Capital Budget & Schedule” is hereby deleted in its entirety and is no longer of any effect.
Amendment to Article 7. The Purchase Agreement is hereby further ---------------------- amended by adding to the end of Article 7 thereof the following new Section 7.17:
Amendment to Article 7. (a) SECTION 7.1 of the Loan Agreement shall be and is hereby amended by deleting the second and third sentences thereof.
Time is Money Join Law Insider Premium to draft better contracts faster.