Amendments to Section 2: Amounts and Terms of Commitments and Loans Sample Clauses

Amendments to Section 2: Amounts and Terms of Commitments and Loans. A. The first paragraph of subsection 2.1A of the Credit Agreement is hereby amended by deleting it in its entirety and substituting the following therefor:
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Amendments to Section 2: Amounts and Terms of Commitments and Loans. A. Subsection 2.1A(iii) of the Credit Agreement is hereby amended by adding the following at the end thereof: “Notwithstanding the foregoing, the aggregate amount of the Revolving Loan Commitments is $40,000,000; provided that the aggregate amount of the Revolving Loan Commitments shall be reduced to $35,000,000 upon the Subdebt Reduction Event.”
Amendments to Section 2: Amounts and Terms of Commitments and Loans. A. The first sentence of subsection 2.1A of the Credit Agreement is hereby amended (i) by deleting the word "and" from the fourth place where it appears in such subsection and inserting a comma in lieu thereof and (ii) by inserting the text "and 2.1A(vi)" immediately following the text "2.1A(v)".
Amendments to Section 2: Amounts and Terms of Commitments and Loans. A. Section 2.1A(i) of the Credit Agreement is hereby amended by deleting the reference to “$200,000,000” contained therein and substituting “$350,000,000” therefor.
Amendments to Section 2: Amounts and Terms of Commitments and Loans. A. Subsection 2.1A of the Credit Agreement is hereby amended by inserting "(a)" at the beginning of the phrase "Tranche B Term Loans" in clause (ii) thereof, and adding at the end thereof a new clause (b) as follows:
Amendments to Section 2: Amounts and Terms of Commitments and Loans. Subsection 2.1 A(ii) of the Credit Agreement is hereby amended by deleting the last full paragraph therein in its entirety and replacing the following therefor: “Anything contained in this Agreement to the contrary notwithstanding, the Revolving Loans and the Revolving Loan Commitments shall be subject to the limitation that in no event shall the Total Utilization of Revolving Loan Commitments at any time exceed the Revolving Loan Commitments then in effect.”
Amendments to Section 2: Amounts and Terms of Commitments and Loans. Subsection 2.2A of the Credit Agreement is hereby amended by deleting the third paragraph thereof in its entirety and substituting the following therefor: “Upon delivery of a Margin Determination Certificate by Borrower to Administrative Agent (a) with respect to each Fiscal Quarter other than each fourth Fiscal Quarter, within forty-five (45) days after the last day of such Fiscal Quarter, and (b) with respect to each fourth Fiscal Quarter, within sixty (60) days after the last day of such fourth Fiscal Quarter (each such date as described in clauses (a) and (b) hereof a “Certificate Due Date”), the Applicable Base Rate Margin and Applicable LIBOR Margin shall automatically be adjusted in accordance with such Margin Determination Certificate, such adjustment to become effective (1) with respect to each Fiscal Quarter other than each fourth Fiscal Quarter, on the 60th day after the end of such Fiscal Quarter and (2) with respect to each fourth Fiscal Quarter, on the 75th day after the end of such fourth Fiscal Quarter; provided that (A) at any time a Margin Determination Certificate is not delivered by the applicable Certificate Due Date, from such Certificate Due Date until delivery of such Margin Determination Certificate, the Applicable Base Rate Margin shall be 1.25% for Revolving Loans, and 0.75% for Tranche B Term Loans, and the Applicable LIBOR Margin shall be 2.75% for Revolving Loans, and 2.25% for Tranche B Term Loans, and (B) if a Margin Determination Certificate erroneously indicates (as determined by Administrative Agent after consultation with Borrower) an applicable margin more favorable to Borrower than should be afforded by the actual calculation of the Consolidated Total Leverage Ratio, Borrower shall promptly pay additional interest and letter of credit fees required to correct for such error.”
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Amendments to Section 2: Amounts and Terms of Commitments and Loans. A. Subsection 2.2A of the Credit Agreement is hereby amended by (i) deleting the proviso at the conclusion of subsection (i) thereof in its entirety and substituting the following therefor, and (ii) deleting the proviso at the conclusion of subsection (ii) thereof in its entirety and substituting the following therefor, respectively: “provided further, that, during the First Amendment Period, the Base Rate Margin and Eurodollar Rate Margin for Tranche A Term Loans and Revolving Loans shall be 0.25% per annum in excess of the applicable Base Rate Margin and Eurodollar Rate Margin set forth in the table above, respectively; provided still further, in the event the senior secured rating for the Credit Facilities shall, at any time that the Consolidated Leverage Ratio is greater than 3.70 to 1.00, be below BB- from S&P or below Ba3 from Mxxxx’x, the Base Rate Margin and Eurodollar Rate Margin for Tranche A Term Loans and Revolving Loans shall be 0.25% per annum in excess of the Base Rate Margin and Eurodollar Rate Margin otherwise applicable pursuant to this subsection 2.2A(i) until the earlier to occur of (A) the Credit Facilities have achieved a senior secured rating of at least BB- from S&P and at least Ba3 from Mxxxx’x, or (B) the Consolidated Leverage Ratio is less than or equal to 3.70 to 1.00 as reflected in a Compliance Certificate received by Administrative Agent.” “provided further, that, during the First Amendment Period, the Base Rate Margin and Eurodollar Rate Margin for Tranche B Term Loans shall be 0.25% per annum in excess of the applicable Base Rate Margin and Eurodollar Rate Margin set forth in the table above, respectively; provided still further, in the event the senior secured rating for the Credit Facilities shall, at any time that the Consolidated Leverage Ratio is greater than 3.70 to 1.00, be below BB- from S&P or below Ba3 from Mxxxx’x, the Base Rate Margin and Eurodollar Rate Margin for Tranche B Term Loans shall be 0.25% per annum in excess of the Base Rate Margin and Eurodollar Rate Margin otherwise applicable pursuant to this subsection 2.2A(ii) until the earlier to occur of (A) the Credit Facilities have achieved a senior secured rating of at least BB- from S&P and at least Ba3 from Mxxxx’x, or (B) the Consolidated Leverage Ratio is less than or equal to 3.70 to 1.00 as reflected in a Compliance Certificate received by Administrative Agent.”
Amendments to Section 2: Amounts and Terms of Commitments and Loans 

Related to Amendments to Section 2: Amounts and Terms of Commitments and Loans

  • Amounts and Terms of Commitments and Loans 2.1 Commitments; Making of Loans; the Register; Notes.

  • Amounts and Terms of Commitments Each Bank severally agrees, on the terms and conditions set forth herein, to make Loans to the Borrowers from time to time on any Business Day during the period from the Refinancing Date to the Commitment Termination Date equal to its Pro Rata Share of the aggregate amount of the Borrowing requested by a Borrower to be made on such day. The Commitment of each Bank and the outstanding principal amount of Loans made by each Bank hereunder shall not exceed at any time the aggregate amount set forth on Schedule II (such amount as the same may be reduced under Section 2.5 or as a result of one or more assignments as permitted herein pursuant to Section 3.7 and Section 9.7, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the Commitment Amount; and provided, further, that the aggregate principal amount of all Loans outstanding from time to time to a Borrower shall not exceed the Borrowing Base for the relevant Borrower. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, a Borrower may borrow under this Section 2.1, repay under the terms hereof and reborrow under this Section 2.1.

  • Amendments to Section 1.1 Section 1.1 of the Credit Agreement is hereby amended as follows:

  • Amendments to Section 1.01 Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Amendments to Section 2 Section 2 of the Credit Agreement is hereby amended as follows:

  • Amendments to Section 7 11. Section 7.11 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendments to Section 5 1 of the Original Indenture. Solely for the purpose of determining Events of Default with respect to the 2023 Notes, paragraphs Section 5.1(e), Section 5.1(f) and Section 5.1(h) of the Original Indenture shall be amended such that each and every reference therein to the Issuer shall be deemed to mean either the Issuer or Consumers.

  • Amendments to Section 1 1. Section 1.1 of the Existing Credit Agreement is hereby amended in the following respects:

  • Amendments to Section 1.01. Section 1.01 of the Credit Agreement is amended as follows:

  • Amendments to Section 6 1. Section 6.1 of the Credit Agreement is hereby amended as follows:

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