Amendments to Credit Agreement and Extension Sample Clauses

The "Amendments to Credit Agreement and Extension" clause defines the process and conditions under which changes can be made to an existing credit agreement, including the extension of its terms. Typically, this clause outlines the requirements for obtaining consent from the involved parties, such as lenders and borrowers, and may specify the formalities needed for amendments to be valid, like written agreements or approvals. Its core practical function is to provide a clear and structured mechanism for modifying the agreement, ensuring that all parties understand how changes can be implemented and reducing the risk of disputes over unauthorized or informal modifications.
Amendments to Credit Agreement and Extension. 2.1 Definitions in the Credit Agreement (a) Authorized Revolving Amount. Effective upon Closing, the definition of “Authorized Revolving Amount” in Section 1.1 of the Credit Agreement will be amended by replacing “Cdn. $280,000,000” with “Cdn. $380,000,000”.
Amendments to Credit Agreement and Extension 

Related to Amendments to Credit Agreement and Extension

  • Amendments to Credit Agreement (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in appropriate alphabetical order:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be amended as follows: (a) Section 1.02 of the Original Credit Agreement shall be amended by adding the following definitions in appropriate alphabetical order:

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order: