PHASE II WAIVERS TO THE CREDIT AGREEMENT Sample Clauses

PHASE II WAIVERS TO THE CREDIT AGREEMENT. Effective as of January 30, 2000 and subject to the satisfaction of the conditions precedent set forth in Section 6(b), the Lenders hereby agree to waive Section 5.02(e) of the Credit Agreement to permit the Borrowers to sell the assets of PLA and Section 5.02(f) of the Credit Agreement to permit the Borrowers to acquire an equity interest in the buyer of the assets of PLA and to provide a letter of credit in an amount not to exceed $4,000,000 to the buyer of the assets of PLA for a period not to exceed six months.
Sample 1
AutoNDA by SimpleDocs

Related to PHASE II WAIVERS TO THE CREDIT AGREEMENT

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

  • Amendment to the Credit Agreement Effective as of the date first above written and subject to the execution of this Amendment by the parties hereto and the satisfaction of the conditions precedent set forth in Section 2 below, the Credit Agreement shall be and hereby is amended as follows:

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

  • of the Credit Agreement Section 5.28 of the Credit Agreements is hereby amended to read in its entirety as follows:

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

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

  • References to the Credit Agreement Upon the effectiveness of this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference to the Credit Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Credit Agreement shall mean and be a reference to the Credit Agreement as amended hereby.

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

  • Continuing Effect of the Credit Agreement This Amendment shall not constitute a waiver of any provision not expressly referred to herein and shall not be construed as a consent to any action on the part of the Borrowers or Guarantors that would require a waiver or consent of the Lenders or an amendment or modification to any term of the Loan Documents except as expressly stated herein. Except as expressly modified hereby, the provisions of the Credit Agreement and the Loan Documents are and shall remain in full force and effect.

  • Amendment, Modification and Waivers; Further Assurances (a) This Agreement may be amended with the consent of the parties hereto and the Company may take any action herein prohibited, or omit to perform any act herein required to be performed by it, only if the Company shall have obtained the written consent of the Holder.

Time is Money Join Law Insider Premium to draft better contracts faster.