Amendments of the Credit Agreement Clause Examples
The "Amendments of the Credit Agreement" clause defines the process and requirements for making changes to the terms of the credit agreement after it has been executed. Typically, this clause outlines who must consent to amendments—such as all parties or a specified majority of lenders—and may require that changes be documented in writing and signed by the relevant parties. Its core practical function is to ensure that any modifications to the agreement are made transparently and with proper authorization, thereby preventing unauthorized or unilateral changes and maintaining the integrity of the contractual relationship.
Amendments of the Credit Agreement. (a) Section 1.01 of the Credit Agreement is hereby amended by amending the definition of "Debt" therein by adding at the end of clause (i) thereof the following phrase:
Amendments of the Credit Agreement. Subject to the satisfaction of the conditions precedent set forth in Section 8 hereof, the Credit Agreement is hereby amended as follows:
(a) Section 1.01 of the Credit Agreement is amended by adding the following definitions in the appropriate alphabetical locations:
Amendments of the Credit Agreement. (a) Section 1.01 of the Credit Agreement is hereby amended by adding in the appropriate alphabetical order the following new definitions:
Amendments of the Credit Agreement. Subject to the satisfaction of the conditions set forth in Section 3 below, and in reliance on the representations and warranties set forth in Section 4 below, the Credit Agreement is hereby amended as follows:
Amendments of the Credit Agreement. On the Effective Date:
(i) The Credit Agreement is hereby amended to delete the red stricken text (indicated in the same manner as the following example: stricken text) and to add the blue double underlined text (indicated in the same manner as the following example: underlined text) as and where indicated in Annex A attached hereto.
Amendments of the Credit Agreement. 5.1 AMENDMENTS - EXISTING SECTIONS
5.1.1 AMENDMENT OF SECTION 2.3.
Amendments of the Credit Agreement. The Credit Agreement is amended and modified as follows:
1.1. The definition of “Applicable Rate” in Section 1.01 of the Credit Agreement is hereby amended to read as follows:
Amendments of the Credit Agreement. The Credit Agreement is, upon the occurrence of the Effective Date, hereby amended in the following manner:
Amendments of the Credit Agreement. On the Effective Date:
(a) the Credit Agreement is hereby amended to delete the red stricken text (indicated in the same manner as the following example: stricken text) and to add the blue double underlined text (indicated in the same manner as the following example: underlined text) as and where indicated in Annex A attached hereto; and
(b) Exhibit D to the Credit Agreement is hereby amended and restated as set forth on Exhibit D attached hereto.
(c) a new Exhibit H is hereby added to the Credit Agreement as set forth on Exhibit H attached hereto.
Amendments of the Credit Agreement. (a) Section 1.01 of the Credit Agreement is hereby amended by:
(i) deleting the definitions of “Attributable Debt” and “Sale and Leaseback Transaction” appearing therein; and
(ii) deleting the words “, including for purposes of determining “Attributable Debt”” from the definition of “Capital Lease Obligations” appearing therein.
(b) Section 6.01 of the Credit Agreement is hereby amended by:
(i) deleting the words “or Attributable Debt” from the first sentence thereof;
(ii) amending and restating clause (g) thereof as follows: “