AMENDMENTS TO NEGATIVE COVENANTS IN THE LOAN AGREEMENT Sample Clauses

AMENDMENTS TO NEGATIVE COVENANTS IN THE LOAN AGREEMENT. 3.1 Amendment to Subsection 7.5. Subsection 7.5 of the Loan Agreement is amended by replacing the phrase "(ii) more than fourteen (14) new Stores during the fiscal year ending December 31, 1996," with the new phrase "(ii) more than ten (10) new Stores during the fiscal year ending December 31, 1996."
AutoNDA by SimpleDocs

Related to AMENDMENTS TO NEGATIVE COVENANTS IN THE LOAN AGREEMENT

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Covenants in Credit Agreement In the case of each Guarantor, such Guarantor shall take, or shall refrain from taking, as the case may be, each action that is necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to take such action or to refrain from taking such action by such Guarantor or any of its Subsidiaries.

  • Certain Negative Covenants Each of the Borrowers covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Lender has any obligation to make any Loans or the Administrative Agent has any obligations to issue, extend or renew any Letters of Credit:

  • Modifications to Loan Agreement 1 The Loan Agreement shall be amended by deleting the following text appearing as Section 6.9(b) thereof:

  • Additional Negative Covenants Not to, without the Bank's written consent:

  • BORROWER'S NEGATIVE COVENANTS Borrower covenants and agrees that, so long as any of the Commitments hereunder shall remain in effect and until payment in full of all of the Loans and other Obligations and the cancellation or expiration of all Letters of Credit, unless Requisite Lenders shall otherwise give prior written consent, Borrower shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Section 7.

  • AFFIRMATIVE AND NEGATIVE COVENANTS The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid:

  • CERTAIN NEGATIVE COVENANTS OF THE BORROWER The Borrower covenants and agrees that, so long as any Loan, Unpaid Reimbursement Obligation, Letter of Credit or Note is outstanding or any Bank has any obligation to make any Loans or the Agent has any obligations to issue, extend or renew any Letters of Credit:

  • Specific Amendments to Credit Agreement The parties hereto agree that the Credit Agreement is amended as follows:

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