Amendments to the ABL Credit Agreement. Subject to the satisfaction of the conditions set forth in Section 4 hereof, the ABL Credit Agreement is hereby amended as follows, effective as of the Amendment No. 1 Effective Date (as defined below):
Amendments to the ABL Credit Agreement. (a) The Credit Agreement is hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in Annex A attached hereto (as set forth in such Annex A, the “Amended Credit Agreement”). (b) Notwithstanding the Amended Credit Agreement, all “Eurodollar Rate Loans” (as defined in the Existing ABL Credit Agreement) outstanding as of the date hereof shall remain Eurodollar Rate Loans (as defined in the Existing ABL Credit Agreement) outstanding under the Amended Credit Agreement until the end of the current Interest Period (as defined in the Existing ABL Credit Agreement) applicable thereto and, upon the expiration of the current Interest Period, shall be converted to Term Benchmark Loans with an Interest Period of three (3) months (the “SOFR Conversion”). Subject to the SOFR Conversion, all other terms and conditions set forth in the Amended Credit Agreement with respect to Term Benchmark Loans shall apply to such “Eurodollar Rate Loans” , mutatis mutandis.
Amendments to the ABL Credit Agreement a. The definition of “Appliance Sales Agreement” is hereby deleted and the following is inserted in its place.
Amendments to the ABL Credit Agreement
