Request for Amendment. 2.1 In accordance with Clause 37.1 (Required Consents) of the Facility Agreement, Holdco hereby requests the consent of the Majority Lenders to the following amendment to the Facility Agreement: 2.2 Clause 10.1(b)(ii) (Calculation of Interest) of the Facility Agreement shall be deleted in its entirety and replaced with the following: “(ii) is more than 27.0%, the rate of interest for that Loan for that Interest Period shall be deemed to be 27.0%.” 2.3 Clause 22.2(a) (Leverage Ratio) of the Facility Agreement shall be deleted in its entirety and replaced with the following:
Appears in 1 contract
Sources: Unsecured NGN Term Facility Agreement (IHS Holding LTD)
Request for Amendment. 2.1 In accordance with Clause 37.1 (Required Consents) of the Facility Agreement, Holdco hereby requests the consent of the Majority Lenders to the following amendment to the Facility Agreement:
2.2 Clause 10.1(b)(ii10.1 (b) (ii) (Calculation of Interest) of the Facility Agreement shall be deleted in its entirety and replaced with the following: “(ii) is more than 27.0%, the rate of interest for that Loan for that Interest Period shall be deemed to be 27.0%.”
2.3 Clause 22.2(a) (Leverage Ratio) of the Facility Agreement shall be deleted in its entirety and replaced with the following:
Appears in 1 contract