Section 7(b) Sample Clauses

Section 7(b). 4 Limitation on Liability of Depositor and Others...............66 Section 7B.5 Depositor May Own Certificates or Notes.......................66

Section 7(b). 7(i) of the Existing Credit Agreement is amended by inserting the phrase "and its Subsidiaries" immediately following the phrase "less than the Consolidated Net Worth of the Company".

Section 7(b). Section 7(b) of the CEO Agreement shall be amended by deleting the reference to “Section 7(a)” and replacing such reference with “Sections 7(a) and 7(g)”.

Section 7(b). (ii) of the Original Lease is hereby amended by (i) deleting the first three sentences thereof and inserting in their place: "For each calendar year within which falls any part of the Term commencing after the calendar year 2000, Tenant shall pay to Landlord 100% of the excess if any, in Operating Expenses for such year for the Development over the Operating Expenses for the calendar year 2000 (the "Base Operating Expenses"), and (ii) deleting within the definition of "Operating Expenses" contained therein the clause, "and adjusted to reflect a 95% occupied Development (which, upon the leasing by Tenant of the entire Development, will be adjusted to reflect a 100% occupied Development)". Operating Expenses for October, November and December of 2000 only shall be paid by Landlord and Tenant shall have no liability therefor, but Tenant shall remain obligated under the Primary Term of the Lease for payment of increases in Operating Expenses through and including September of 2000.

Section 7(b). (i) of the Agreement is hereby deleted in its entirety and replaced with the following paragraph: (i) For the purposes of this Agreement, “Competition” shall mean: participating, directly or indirectly, as an individual proprietor, partner, stockholder, officer, employee, director, joint venturer, investor, lender or consultant (within the United States of America, or in any country where BCI does business immediately prior to the effective time of the Merger) in a Competing Business (as defined below); provided, however, that such participation shall not include (i) the mere ownership of not more than three percent (3%) of the total outstanding stock of a publicly held company; or (ii) any activity engaged in with the prior written approval of the Board of Directors of the Company (the “Board”). For purposes of this Section 3(b), “Merger” shall have the meaning set forth in the recitals of the Amendment No. 1 to this Agreement, dated as of January 27, 2010.

Section 7(b). 4(i) of the Existing Credit Agreement is amended by deleting the reference to "$5,000,000" and inserting in lieu thereof the following amount of "$15,000,000".

Section 7(b). Negative Covenants......................................................

Section 7(b). Conditions Precedent to the Funding of any Advance under the Credit Facility for the Acquisition . . . . . . . . . . . . . . . . . . . . . 27 7B.1 Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 7B.2 Officer's Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

Section 7(b). (i) of the Agreement is hereby deleted in its entirety and replaced with the following paragraph: (i) For the purposes of this Agreement, “Competition” shall mean: participating, directly or indirectly, as an individual proprietor, partner,stockholder, officer, employee, director, joint venturer, investor, lender or consultant (within the United States of America, or in any country where BCI does business) in a Competing Business (as defined below); provided, however, that such participation shall not include (i) the mere ownership of not more than three percent (3%) of the total outstanding stock of a publicly held company; or (ii) any activity engaged in with the prior written approval of the Board of Directors of the Company (the “Board”).