Amendment to Article VII of the Credit Agreement. Article VII of the Credit Agreement is hereby amended as follows:
Amendment to Article VII of the Credit Agreement. Paragraph (f) of Article VII of the Credit Agreement is hereby amended by adding after the semicolon at the end thereof the following: "provided, however, that if none of the primary obligors on such Indebtedness (which, for purposes of this proviso, shall not include any guarantor thereof or any joint obligor thereon that is not the primary borrower) is a Loan Party or a Restricted Subsidiary, then any such failure referred to in clause (i) or (ii) above shall not constitute a Default or an Event of Default unless and until (x) such Indebtedness is Guaranteed by any Loan Party or any Restricted Subsidiary (or any Loan Party or any Restricted Subsidiary otherwise is or becomes obligated on such Indebtedness), (y) the holder or holders of such Indebtedness or a trustee on its or their behalf shall notify the Loan Party or Restricted Subsidiary providing such Guarantee (or being so obligated) that payment is due thereunder or shall take any other action against such Loan Party or Restricted Subsidiary to enforce or collect the same and (z) Lenders having Loans and L/C Exposure representing at least 66-2/3% of the sum of all Loans outstanding and L/C Exposure in their sole discretion shall notify the Borrower that an Event of Default has occurred hereunder;"
Amendment to Article VII of the Credit Agreement. Effective as of the Second Amendment Closing Date, clause (s) of Article VII of the Credit Agreement is hereby amended by deleting the phrase “based on any such” and replacing it with the phrase “that evidences its”.
Amendment to Article VII of the Credit Agreement. Paragraph (d) of Article VII of the Credit Agreement is hereby amended by inserting after the phrase “Section 5.01(a) (solely with respect to the Borrower’s fiscal year ended December 31, 2003),” the following: “5.01(b) (solely with respect to the Borrower’s fiscal quarter ended March 31, 2004),”.
Amendment to Article VII of the Credit Agreement. Article VII, Sub-section (k) of the Credit Agreement is hereby amended by deleting the number “$5,000,000”, and replacing it with the number “$15,000,000”.
Amendment to Article VII of the Credit Agreement. Section 7.08(c) of the Credit Agreement is hereby amended by inserting the following sentence as a new sentence:
Amendment to Article VII of the Credit Agreement. During the Forbearance Period, Article VII of the Credit Agreement is hereby amended by adding the following Sections 7.20 and 7.21:
Amendment to Article VII of the Credit Agreement. Article VII is hereby amended by adding the following new Sections 7.16 and 7.17 in the appropriate numerical order:
Amendment to Article VII of the Credit Agreement. Article VII of the Credit Agreement is hereby amended by (a) deleting the word "Subsidiary" wherever such word appears in such Article (other than (i) in the third and seventh lines of paragraph (i) of such Article, (ii) in the first and eighth lines of paragraph (j) of such Article and (iii) in the first line of paragraph (k) of such Article) and inserting in lieu thereof the phrase "Restricted Subsidiary" and (b) deleting the word "Subsidiaries" wherever such word appears in such Article and inserting in lieu thereof the phrase "Restricted Subsidiaries".
Amendment to Article VII of the Credit Agreement. The final paragraph of Section 7.01 is hereby amended by deleting the words "Goodyear or" from the phrase "event with respect to Goodyear or any Borrower described in clause (h) or (i) of this Section" in each of the two occurrences of such phrase in such final paragraph.
