Amendments to Section 7: Negative Covenants. Section 7 of the Credit Agreement is hereby amended as follows:
Amendments to Section 7: Negative Covenants. A. Subsection 7.1 of the Credit Agreement is hereby amended by adding the following Subsection 7.1(x):
Amendments to Section 7: Negative Covenants. (a) Amendment to Section 7.1 (Financial Condition Covenant). Immediately upon the satisfaction of the Requisite Conditions, Section 7.1 of the Credit Agreement shall be amended by deleting such Section in its entirety and inserting the following in lieu thereof:
Amendments to Section 7: Negative Covenants. A. Subsection 7.3 of the Credit Agreement is hereby amended by (i) deleting the "and" at the end of subdivision (viii) thereof, (ii) deleting the "." at the end of subdivision (ix) thereof and substituting therefor ";", and (iii) adding at the end thereof new subdivisions (x) and (xi) as follows:
Amendments to Section 7: Negative Covenants. A. Subsection 7.1(iii)(d) of the Credit Agreement is hereby amended by deleting the text following clause (d) up to but excluding "; and" and substituting "[intentionally omitted]" therefor.
Amendments to Section 7: Negative Covenants. A. Section 7.02 of the Credit Agreement is hereby amended by deleting the reference to “10%” contained therein and substituting “5%” therefor.
Amendments to Section 7: Negative Covenants. A. Subsection 7.4 of the Amended Loan Agreement is hereby amended by deleting clause (vii) of subsection 7.4 and replacing it with the following:
Amendments to Section 7: Negative Covenants. A. Subsection 7.1 of the Amended Loan Agreement is hereby amended by deleting the table in clause (vi) thereof in its entirety and substituting the following therefor: Maximum Purchase Money Period Mortgage Obligations Seventh Amendment $5,000,000 Effective Date to Commitment Termination Date
Amendments to Section 7: Negative Covenants. A. Section 7.13 of the Loan Agreement is hereby amended by deleting the reference to “Agent and Majority Revolving Lenders” in clause (i) thereof and substituting “Majority Revolving Lenders or Agent at the direction of Majority Revolving Lenders” therefor.
Amendments to Section 7: Negative Covenants. A. Subsection 7.1 of the Credit Agreement is hereby amended by (i) deleting the number "$25,000,000" from clause (v) thereof and substituting "$50,000,000" therefor and (ii) deleting the number $25,000,000" from clause (vi) thereof and substituting $100,000,000" therefor. The Indebtedness incurred pursuant to the Subordinated Indebtedness Documents is Indebtedness incurred pursuant to subsection 7.1(vi) of the Credit Agreement.
