Amendment to the Loan and Security Agreement Sample Clauses
The "Amendment to the Loan and Security Agreement" clause formally modifies the terms and conditions of an existing loan and security agreement between parties. This clause outlines the specific changes being made, such as adjustments to repayment schedules, interest rates, collateral requirements, or other key provisions, and typically requires written consent from all involved parties to be effective. Its core practical function is to provide a clear, legally binding mechanism for updating the agreement to reflect new circumstances or negotiated terms, thereby preventing misunderstandings and ensuring that all parties are aware of and agree to the revised obligations.
Amendment to the Loan and Security Agreement. The definition of Tranche A Maturity Date is hereby amended and restated in its entirety as follows:
Amendment to the Loan and Security Agreement. Each of the Administrative Agent and the Lenders hereby consents to the terms of the First Amendment to the Loan and Security Agreement substantially in the form of Exhibit B to this Amendment.
Amendment to the Loan and Security Agreement. As of the Second Amendment Effective Date (as defined below), the Loan and Security Agreement (including the schedules thereto) is hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the bold and double-underlined text (indicated textually in the same manner as the following example: bold and double-underlined text) as set forth on the pages of the Loan and Security Agreement attached as Exhibit A hereto.
Amendment to the Loan and Security Agreement. (a) Amendment to Section 1.1
Amendment to the Loan and Security Agreement. In accordance with Section 2.1.7 of the Loan and Security Agreement, Schedule 1.1 to the Loan and Security Agreement is hereby amended by deleting such Schedule 1.1 in its entirety and replacing it with the Schedule 1.1 attached hereto. After giving effect to such increase in the Commitments, Borrowers may request additional increases in Commitments not to exceed $75,000,000 in the aggregate.
Amendment to the Loan and Security Agreement. Exhibit G to the Loan Agreement shall be replaced in its entirety with Exhibit t A hereto.
Amendment to the Loan and Security Agreement. (a) Amendment to Section 1.1 of the Loan and Security Agreement. The defined terms "Adverse GMOL Event", "Alliance Security Agreement", and "Green Giant Inventory" in Section 1.1 of the Loan and Security Agreement are each hereby deleted in their entirety.
Amendment to the Loan and Security Agreement. The defined term "Permitted Acquisition" in Section 1.1 of the Loan and Security Agreement is hereby amended and restated in its entirety to read as follows:
Amendment to the Loan and Security Agreement. (a) The Loan and Security Agreement shall be amended by replacing “$10,000,000” with “$5,000,000” in clause (g) of the definition of “Permitted Acquisition” therein.
Amendment to the Loan and Security Agreement. 1.1 The definition of Tranche C Maturity Date is hereby amended and restated in its entirety as follows: