Modification of the Loan Agreement. The Agent, the Lenders and the Borrower hereby amend the Loan Agreement as follows:
Modification of the Loan Agreement. (a) The second sentence in Section 1.1 of the Loan Agreement is deleted in its entirety and replaced with the following:
Modification of the Loan Agreement. The Loan Agreement is modified as follows:
Modification of the Loan Agreement. Borrower, Agent and the Banks hereby modify and amend the Loan Agreement by deleting in its entirety the last sentence of §7.19(a)(i) of the Loan Agreement and inserting in lieu thereof the following: "If such Unencumbered Borrowing Base Property is owned or leased by a Subsidiary Guarantor, such Subsidiary Guarantor shall not be a borrower or guarantor with respect to any Secured Indebtedness;"
Modification of the Loan Agreement. Borrowers, Xxxxxxx Xxxxxxx, KeyBank and Agent do hereby modify and amend the Loan Agreement as follows:
Modification of the Loan Agreement. Borrower, Agent and the Banks hereby modify and amend the Loan Agreement by deleting in its entirety the definition of "Capitalization Rate" appearing in Section 1.1 of the Loan Agreement and inserting in lieu thereof the following: "Capitalization Rate. Seven and one-half percent (7.5%)."
Modification of the Loan Agreement. Borrower and Lender do hereby modify ---------------------------------- and amend the Loan Agreement as follows:
Modification of the Loan Agreement. Borrower, the Agent and the Lenders do hereby modify and amend the Loan Agreement by deleting from the Loan Agreement the text that is shown as a deletion or strike-through in the form of the Loan Agreement attached hereto as Exhibit “A” and made a part hereof (the “Revised Loan Agreement”), and by inserting in the Loan Agreement the text shown as an insertion or underlined text in the Revised Loan Agreement, such that from and after the Effective Date (as hereinafter defined) the Loan Agreement is amended to read as set forth in the Revised Loan Agreement. Notwithstanding the foregoing, the compliance calculations template attached as Schedule A of Exhibit D to the Loan Agreement (Form of Compliance Certificate) shall be the template attached to the Revised Loan Agreement, regardless that such template is not marked by deletion, strike-through, insertion or underline. From and after the Effective Date (as hereinafter defined), the Loan Agreement shall be the Loan Agreement, as amended by this Amendment.
Modification of the Loan Agreement. The Borrower, the Agent and the Lenders do hereby modify and amend the Loan Agreement by deleting the definition of "Maturity Date" in § 1.1 of the Loan Agreement in its entirety and replacing it with the following new definition of "Maturity Date": "Maturity Date. January 31, 2006, or such earlier date on which the Loans shall become due and payable pursuant to the terms hereof."
Modification of the Loan Agreement. (a) The fifth sentence of Section 4.2(d) of the Loan Agreement is hereby amended such that the phrase “If an Event of Default exists” shall be amended and restated in its entirety to read as follows: “If an Event of Default exists for failure of Borrower to pay a liquidated sum of money in accordance with the Loan Agreement or any other Loan Document, or if any other Event of Default exists for which Lender has accelerated the Scheduled Maturity Date,”
