SUBPART II. 1.1. Section 1.1 of the Existing Credit Agreement is hereby amended by inserting the following definitions in the appropriate alphabetical order:
SUBPART II. 3.1. Section 7.1 of the Existing Credit Agreement ("Financial Statements") is amended as follows:
SUBPART II. 3.2. Section 7.1.16 of the Existing Credit Agreement is hereby amended by replacing the word "Subsidiaries" each time such word appears therein with the phrase "Subsidiaries (other than, at all times prior to the termination of the Permitted Receivables Transaction, Receivables Co.)".
SUBPART II. 3.12. Section 7.2.11 of the Existing Credit Agreement is hereby amended by replacing the phrase "or (iv) any assets of a Subsidiary of the Borrower to the Borrower" set forth in clause (c) thereof with the phrase "(iv) any assets of a Subsidiary of the Borrower to the Borrower, or (v) Receivables and Related Rights pursuant to the Permitted Receivables Transaction; provided, however, that notwithstanding the foregoing, the aggregate fair market value outstanding at any one time of Receivables and Related Rights which may be Disposed of pursuant to this clause (c)(v) shall not exceed $45,000,000.00".
SUBPART II. 4.1. Section 8.1 of the Existing Credit Agreement ("Limitation on Liens") is amended as follows:
SUBPART II. 5.1. Section 9.1 of the Existing Credit Agreement ("Event of Default") is amended as follows:
SUBPART II. 6.1. Section 10.11(a) of the Existing Credit Agreement ("Collateral Matters") is amended by adding the words ", the Security Agreement, the Mortgages" after the words "to take any action with respect to any collateral security" in the third line thereof.
SUBPART II. 2.1. The first proviso contained in clause (c) of Section 3.1.2 of the Existing Credit Agreement is hereby amended in its entirety to read as follows: (provided, however, in the case of the disposition of Roltra Xxxxx, if the net cash proceeds received from such sale are in excess of $15,000,000 (after the repayment of outstanding Indebtedness of Roltra Xxxxx), then $8,000,000 of such net proceeds shall be deemed to be Net Disposition Proceeds that shall be required to be applied as a prepayment of the Term Loans)
SUBPART II. 2.1. Clause (b) of Section 7.2.4 of the Existing Credit Agreement is amended by (a) deleting the date "03/31/01" appearing therein and inserting "06/30/01" in its place and (b) deleting the date "04/01/01" appearing therein and inserting "07/01/01" in its place. SUBPART II.2.2. Clause (g) of Section 7.2.5 of the Existing Credit Agreement is amended by inserting the phrase (a) "the sum of (i)" immediately prior to the amount "$35,000,000" appearing in such clause, and (b) "and (ii) any Additional Amounts, the proceeds of which were used to consummate or otherwise finance a Permitted Acquisition" immediately following the phrase "series of related transactions" appearing in such clause.
SUBPART II. 2.1. The amortization amounts for the period from February 28, 2001 through August 29, 2002 set forth in clause (b) of Section 3.1.2 of the Existing Credit Agreement are hereby amended to read as follows: ----------------------------------------- -------------------------------------- February 28, 2001 $1,111,111.11 ----------------------------------------- -------------------------------------- ----------------------------------------- -------------------------------------- May 29, 2001 $1,111,111.11 ----------------------------------------- -------------------------------------- ----------------------------------------- -------------------------------------- August 29, 2001 $1,111,111.11 ----------------------------------------- -------------------------------------- ----------------------------------------- -------------------------------------- November 29, 2001 $1,666,666.67 ----------------------------------------- -------------------------------------- ----------------------------------------- -------------------------------------- February 28, 2002 $1,666,666.67 ----------------------------------------- -------------------------------------- ----------------------------------------- -------------------------------------- May 29, 2002 $1,666,666.67 ----------------------------------------- -------------------------------------- ----------------------------------------- -------------------------------------- August 29, 2002 $1,666,666.66, or the then outstanding principal amount of all Term Loans, if different. ----------------------------------------- --------------------------------------
