Second Modification definition

Second Modification. , "Second Allonge", "Third Modification Agreement", "Third Allonge", "Fourth Modification Agreement", "Fourth Allonge", "Fifth Modification Agreement", "Fifth Allonge", "Sixth Modification Agreement", "Sixth Allonge", "Seventh Allonge" and "Seventh Modification Agreement"; (iv) in Article II, Section 2.4 of the Loan Agreement, amending and modifying the interest rate options from the then existing interest rate options of (a) Base Rate or (b) two and one-quarter percent (2.25%) over the Eurodollar Rate to the new interest rate options of (1) Base Rate minus one quarter percent (0.25%) or (2) one and one-half percent (1.5%) over the Eurodollar Rate; (v) in Article II, Section 2.11 of the Loan Agreement, deleting the unused commitment fee; (vi) in the Loan Documents, deleting any and all references to the then existing maturity date of "May 31, 1998" and inserting a new maturity date of "May 31, 1999" in their place and stead; (vii) in Article V of the Loan Agreement, providing for a new Section 5.23 with respect to the year 2000; (viii) in the Loan Documents, providing that any and all references to the "Revolving Note" shall be deemed to refer to the Revolving Note as amended and modified up through and including the Seventh Allonge; and (ix) in the Loan Documents, providing that any and all references to the "Loan Agreement" shall be deemed to refer to the Loan Agreement as amended and modified up through and including the Seventh Modification Agreement; and

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Second Modification means the Second Modification of Third Amended and Restated Loan Agreement, dated as of December 16, 1997.

Second Modification means the Second Modification of the Amended and Restated Credit Agreement, dated as of March 30, 2000, executed by Borrowers and Administrative Agent, for and on behalf of the Lenders.

Examples of Second Modification in a sentence

The Recitals are hereby incorporated into this Second Modification.
The terms of this paragraph apply not only to this Second Modification, but also to all subsequent loan modification agreements.
In the event of an inconsistency between this Second Modification Agreement and the terms of the Note or of the Liens, this Second Modification Agreement shall govern.
Concurrently herewith, MRCA and the Bank are entering into that certain Second Modification to Revolving Credit Agreement, dated as of September 1, 2014, by and between MRCA and the Bank (the “Second Amendment”).
Borrower agrees that this Second Modification Agreement and all of the covenants and agreements contained herein shall be binding upon Borrower and shall inure to the benefit of Lender and each of their respective heirs, executors, legal representatives, successors, and permitted assigns.

More Definitions of Second Modification

Second Modification that certain Second Modification of Credit and Security Agreement and Other Loan Documents dated as of October 31, 1996, executed by and between Lender and Borrower."

Second Modification means the Second Modification to Loan -------------------- Documents dated as of October 1, 2008 among the Borrowers and the Lender.

Second Modification shall have the meaning set forth in -------------------- Section 2.5.

Second Modification. The Second Modification dated as of June 30th, 2004 by and between the Borrower and the Lender.

Second Modification means the Second Modification of the Credit Facilities Agreement as restated and amended, dated as of December 20, 1999.

Second Modification means that certain Second Modification Agreement dated as of December 22, 2010, by and among the Administrative Agent, the Borrower and the sole Lender." The defined terms "Kahului Mortgage," Kahului Notes," "Kahului Release Price," and "Kahului SPA" are hereby deleted.

Second Modification means the agreement described in Recital B above;