Amendments and Covenants Sample Clauses

Amendments and Covenants. (a) The Temporary Increase Commitment Period shall be extended to terminate on the Forbearance Termination Date. The maximum amount of Revolving Credit Commitments shall be increased to $35,500,000 from $30,000,000 with the entire amount of such increase constituting Temporary Increase Loans. The Borrower acknowledges that the aggregate Revolving Credit Commitments shall automatically be reduced to $30,000,000 on the Forbearance Termination Date.
AutoNDA by SimpleDocs
Amendments and Covenants. 2.1. Section 5.04(c) of the Credit Agreement is hereby amended by deleting the ratio "6.60:1.00" that appears opposite the date "September 30, 1999" and replacing it with the ratio "7.70 :1.00".
Amendments and Covenants. (a) The Temporary Increase Commitment Period shall be extended to terminate on the Forbearance Termination Date. For so long as the Specified Letter of Credit shall remain outstanding and shall not have been fully released or terminated, the maximum amount of Revolving Credit Commitments shall be increased to $33,700,000 with the entire amount of such increase constituting Temporary Increase Loans; PROVIDED, that the amount of the Revolving Credit Commitment in excess of $32,000,000 may be used solely to support the Specified Letter of Credit and shall not otherwise be available for borrowing or extensions of credit. The Borrower acknowledges that the aggregate Revolving Credit Commitments shall automatically be reduced to $32,000,000 upon the release or termination of the Specified Letter of Credit and shall be automatically reduced to $30,000,000 on the Forbearance Termination Date.
Amendments and Covenants. 3.1 The parties hereto agree that with effect from the Effective Date Clause 19.3 of the UK Facility Agreement shall be renumbered as Clause 19.4 and the following provision shall be inserted as Clause 19.3:-
Amendments and Covenants. 1.1 The Parties hereby agree to amend the Lease as follows: Exhibit A of the Lease, the definition of Fiscal Year Start Date is hereby amended and restated in its entirety as follows:
Amendments and Covenants 

Related to Amendments and Covenants

  • Agreements and Covenants The Company shall have performed or complied in all material respects with all agreements and covenants required by this Agreement to be performed or complied with by it on or prior to the Effective Time.

  • Additional Agreements and Covenants The parties further agree and covenant as follows:

  • Other Agreements and Covenants 10.1 CMI will not market, sell, service, distribute or train for any product that is competitive with the Products except for CMI's own breath alcohol testing products.

  • Compliance with Agreements and Covenants Purchaser shall have performed and complied in all material respects with all of its covenants, obligations and agreements contained in this Agreement to be performed and complied with by it on or prior to the Closing Date.

  • Agreements and Covenants of Trustee The Trustee hereby agrees and covenants to:

  • Conditions and Covenants All of the provisions of this Lease shall be deemed as running with the land, and construed to be "conditions" as well as "covenants" as though the words specifically expressing or imparting covenants and conditions were used in each separate provision.

  • Performance of Agreements and Covenants Each and all of the agreements and covenants of Buyer to be performed and complied with pursuant to this Agreement and the other agreements contemplated hereby prior to the Effective Time shall have been duly performed and complied with in all material respects.

  • Agreements and Covenants of the Company The Company hereby agrees and covenants to:

  • Agreement and Covenants The Investor shall have performed or complied in all material respects with all agreements and covenants required by this Agreement to be performed or complied with by it on or prior to the Closing. Unless the Issuer receives written notification to the contrary at the Closing, the Issuer shall be entitled to assume that the preceding is accurate in all respects at the Closing.

  • Representations and Covenants The representations and warranties of the Shareholders and the Company contained in this Agreement shall be true in all material respects on and as of the Closing Date with the same force and effect as though made on and as of the Closing Date. The Shareholders and the Company shall have performed and complied in all material respects with all covenants and agreements required by this Agreement to be performed or complied with by the Shareholders and the Company on or prior to the Closing Date. The Company shall have delivered to the Parent, if requested, a certificate, dated the Closing Date, to the foregoing effect.

Time is Money Join Law Insider Premium to draft better contracts faster.