AMENDMENT TO LETTER OF CREDIT AGREEMENT Sample Clauses

AMENDMENT TO LETTER OF CREDIT AGREEMENT. Section 10.20 of the Letter of Credit Agreement is hereby amended and restated in its entirety as follows: The Company will not, as of the end of any Measurement Period, permit the Fixed Charges Coverage Ratio to be less than 1.75 to 1:00 on or prior to April 30, 2011 or 2.00 to 1.00 at any time thereafter.
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AMENDMENT TO LETTER OF CREDIT AGREEMENT. (a) Effective as of April 30, 2013, The definition of “Debt Service Ratio” set forth in Exhibit B to the Letter of Credit Agreement is hereby amended and restated by substituting the following therefor:
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AMENDMENT TO LETTER OF CREDIT AGREEMENT. Section I (2) (a) of the Letter of Credit Agreement is hereby amended by inserting the following proviso at the end thereof but before the semicolon: "provided, however, with respect to the SCEM Letter of Credit, Borrower shall pay a fee equal to one half of one percent (.50%) per month on the undrawn amount thereof, as opened or amended (as to expiration date or dollar amount), for the entire term of the SCEM Letter of Credit".
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AMENDMENT TO LETTER OF CREDIT AGREEMENT. In addition to the Amendments set forth in Section 1 hereof, from and after the Effective Date the Letter of Credit Agreement shall be amended as follows:
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AMENDMENT TO LETTER OF CREDIT AGREEMENT. All references in the Letter of Credit Agreement to "Nelnet, Inc." are amended to read "National Education Loan Network, Inc."
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AMENDMENT TO LETTER OF CREDIT AGREEMENT. Each of the Domestic Syndicated Lenders, by its execution and delivery of this Fourth Amendment, hereby confirms and agrees to the amendments to the Letter of Credit Agreement effected by the Third Master Amendment described in paragraph 12 hereof and agrees to be bound in all respects by the terms thereof.
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AMENDMENT TO LETTER OF CREDIT AGREEMENT. Section 5.14, contained in Annex VI attached to the Letter of Credit Agreement, is hereby deleted and, in lieu thereof, there is substituted therefor the following new Section 5.14:
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AMENDMENT TO LETTER OF CREDIT AGREEMENT. Section 3.01.
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Related to AMENDMENT TO LETTER OF CREDIT AGREEMENT

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

  • Amendment to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Issuance, Amendment and Renewal of Letters of Credit (a) Each Letter of Credit shall be issued upon the irrevocable written request of the Company received by the Issuing Bank (with a copy sent by the Company to the Agent) at least three days (or such shorter time as the Issuing Bank may agree in a particular instance in its sole discretion) prior to the proposed date of issuance. Each such request for issuance of a Letter of Credit shall be by facsimile, confirmed immediately in an original writing, in the form of an L/C Application, and shall specify in form and detail satisfactory to the Issuing Bank: (i) the proposed date of issuance of the Letter of Credit (which shall be a Business Day); (ii) the face amount of the Letter of Credit; (iii) the expiry date of the Letter of Credit; (iv) the name and address of the beneficiary thereof; (v) the documents to be presented by the beneficiary of the Letter of Credit in case of any drawing thereunder; (vi) the full text of any certificate to be presented by the beneficiary in case of any drawing thereunder; and (vii) such other matters as the Issuing Bank may require.

  • Amendment to the Credit Agreement Effective as of the date first above written and subject to the execution of this Amendment by the parties hereto and the satisfaction of the conditions precedent set forth in Section 2 below, the Credit Agreement shall be and hereby is amended as follows:

  • 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:

  • The Letter of Credit Facility (i) Subject to the terms and conditions hereinafter set forth (A) Issuing Bank agrees, in reliance on the Agreements of the Lenders set forth in this Section (1) to issue Letters of Credit for the account of any Borrower from time to time on any Business Day during the period from the Effective Date hereof until 10 days before the Termination Date in an aggregate Available Amount for all Letters of Credit not to exceed at any time the lesser of (x) the Letter of Credit Facility at such time and (y) the Unused Revolving Credit Commitments of the Lenders at such time (provided that in no event shall the Issuing Bank be required to issue a Letter of Credit if, after giving effect to such issuance, the aggregate amount of the Revolving Credit Exposures of all Lenders shall exceed the Revolving Credit Availability at such time) and to amend or extend Letters of Credit previously issued by it in accordance with the terms of this Section 2.16, and (2) to honor drawings under the Letters of Credit, and (B) the Lenders severally agree to participate in Letters of Credit issued for the account of any Borrower and any drawings thereunder. Each request by a Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the Borrowers that the issuance, extension or amendment of the Letter of Credit so requested complies with the conditions set forth in the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, each Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly such Borrower may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and reimbursed.

  • Credit Agreement (a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

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