The last sentence Sample Clauses
The clause titled "The last sentence" typically refers to a provision that clarifies or modifies the effect of the final sentence in a particular section or agreement. In practice, this clause may specify that the last sentence of a section overrides previous statements, or it may introduce an exception or limitation that applies only at the end of a provision. For example, it might state that certain rights or obligations are subject to the conditions set out in the last sentence of a paragraph. The core function of this clause is to ensure that the intended emphasis, limitation, or exception in the final sentence is clearly understood and given proper legal effect, thereby preventing ambiguity or misinterpretation.
The last sentence of Section 2.1(a) of the Credit Agreement shall be amended and restated to read as follows:
The last sentence of Section 2.1 of the Purchase Option Agreement is hereby amended in its entirety to provide as follows: The Purchase Option must be exercised for all the Option Interests and all the Preferred Shares simultaneously if the Closing under the Option Agreement occurred pursuant to Section 2.5.1.1, 2.5.1.2, 2.5.1.3 or 2.5.1.4 of the Option Agreement (a "Merger Termination Option Closing") and must be exercised for the Option Interests only if the Closing under the Option Agreement occurred pursuant to Section 2.5.1.5 of the Option Agreement (an "Event of Default Option Closing").
The last sentence of Section 9.1 of the Credit Agreement is hereby amended and restated to provide in its entirety as follows: "For purposes of calculating compliance with this covenant, Consolidated Net Worth and Net Income shall each be adjusted to add back non-recurring merger and acquisition costs; provided, that the cumulative adjustment made pursuant to this Section 9.1 during the term of this Agreement shall not exceed $65,000,000."
The last sentence of Section 7.1(a) of the Credit Agreement hereby is deleted in its entirety and the following is substituted in its place: Each of the Agents and each of the Lenders are hereby authorized to deliver a copy of any financial statement or other information made available by the Borrower to any proposed assignee or participant in any portion of any Lender's Loans and its Revolving Credit Commitment and Additional Commitment, if any, hereunder and to any regulatory authority having jurisdiction over any such Agent or any such Lender, pursuant to any request therefor.
The last sentence of Section 8.1 of the Merger Agreement is hereby deleted in its entirety.
The last sentence of Section 1.3 of the Credit Agreement shall be amended and as so amended shall be restated in its entirety to read as follows: "Each Term Note shall be expressed to mature in installments, commencing on September 30, 1999 and continuing on the last day of each calendar quarter occurring thereafter to and including March 31, 2005, with the principal installments on the Term Notes to equal (in the aggregate for all the Term Notes taken together) $1,250,000 per installment through and including June 30, 2000; $1,500,000 per installment through and including June 30, 2001; $2,000,000 per installment through and including March 31, 2005; and with the final principal installment on all the Term Notes due on June 24, 2005 to equal (in the aggregate for all the Term Notes taken together) all principal not sooner paid; and the amount of each installment due on the Term Note held by each Lender shall be equal to such Lender's Percentage of such installment."