Other Amendments and Credit Enhancement Sample Clauses

Other Amendments and Credit Enhancement. In the event that (A) any of the lenders under any of the Other ISH Debt Facilities receives credit enhancement (whether in the form of additional collateral, prepayment, shortened amortization, additional (or more restrictive) covenants (including but not limited to a more restrictive security coverage requirement) or otherwise), or any Other ISH Debt Facility is amended in a manner more favorable to the Lenders thereunder than is the case currently, the Security Parties and the GSS Guarantor shall promptly notify the Facility Agent of their intention to provide such credit enhancement and, subject to the terms of the Facility Agreement and this Waiver and Amendment, (1) any repayment or prepayment shall be shared with the Lenders pro rata based upon the amount of the obligations owed under the Facility Agreement and the Other ISH Debt Facilities and (2) with respect to all other credit enhancements, further amendments to the Facility Agreement shall be adopted or (B) the Security Parties enter into any waiver or amendment with respect to the any of the Other ISH Debt Facilities, within two (2) Banking Days of entering into such waiver or amendment, the Security Parties shall provide a copy of such waiver or amendment to the Facility Agent and the Facility Agent may, in its sole discretion, require that the terms of the Facility be revised accordingly and aligned with those revised terms;
Sample 1
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Related to Other Amendments and Credit Enhancement

  • Credit Agreement Amendments The Credit Agreement is hereby amended as follows:

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

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

  • Required Amendments The Company and the Member will execute and file any amendment to the Articles required by the Act. If any such amendment results in inconsistencies between the Articles and this Agreement, this Agreement will be considered to have been amended in the specifics necessary to eliminate the inconsistencies.

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

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

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be deemed to be amended as follows:

  • Amendments to the Existing Credit Agreement The Existing Credit Agreement is, effective as of the date of this Amendment and Restatement and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows:

  • Modification and Amendments If a Fund shall determine that the coverage required by Rule 17g-1 for the Fund has changed, or that the amount of the total coverage allocated to the Fund should otherwise by modified, it shall so notify the other Funds and shall set forth the modification which it believes to be appropriate, and the proposed treatment of any increase in or return of premium paid to the insurance company. Within 60 days after such notice, the Funds shall seek the approvals required by Rule 17g-1, and if the approvals are obtained, shall effect an amendment to this Agreement and the bond. Any Fund may terminate this Agreement (except with respect to losses occurring prior to such withdrawal) by giving at least 60 days’ written notice to the other Funds and to the Commission before the effective date of such termination. The Fund terminating the Agreement shall thereafter be removed as a named insured under the bond in accordance with Rule 17g-1 and the Fund shall be entitled to receive a pro rata portion of any return of premium paid to the insurance company.

  • Modifications, Amendments and Waivers This Agreement may not be modified or amended, or any provision thereof waived, except in a writing signed by all the parties to this Agreement.

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