Common use of Amendment to Financing Agreement Clause in Contracts

Amendment to Financing Agreement. Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Financing Agreement is hereby amended as follows: 2.1. Section 2(a) is hereby amended by deleting the fifth sentence thereof in its entirety and replacing it with the following: "Furthermore, at no time will the outstanding amount of Loans in the aggregate exceed: (i) $57,000,000 from January 1, 1997 through March 31, 1997; (ii) $53,500,000 from April 1, 1997 through April 30, 1997; (iii) $45,000,000 from May 1, 1997 through June 30, 1997; and (iv) $40,000,000, at any time thereafter (the "Peak Permitted Loan")." 2.2. Section 8 is hereby amended by amending the definition of Applicable Permitted Overadvance in its entirety to provide as follows:

Amendment to Financing Agreement. Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Financing Agreement is hereby amended as follows: 2.1. Section 2(a2 (a) is hereby amended by deleting the fifth sentence thereof in its entirety and replacing it with the following: "Furthermore, at no time will the outstanding amount of Loans in the aggregate exceed: (i) $57,000,000 53,500,000 from January April 1, 1997 through March 31May 15, 1997; (ii) $53,500,000 from April 1, 1997 through April 30, 1997; (iii) $45,000,000 from May 116, 1997 through June 30, 1997; and (iviii) $40,000,000, at any time thereafter (the "Peak Permitted Loan")." 2.2. Section 8 is hereby amended by amending the definition of Applicable Permitted Overadvance in its entirety to provide as follows: