Amendments to Credit Agreements Clause Samples

Amendments to Credit Agreements. Section 2.1 of the Tribeca Master Agreement, entitled “The Commitment,” and Section 2.1 of the Tribeca Warehousing Agreement, entitled “The Commitment,” are each hereby amended to delete any commitment or other obligation of Lender to make any further “Subsidiary Loans” (as defined in the Tribeca Master Agreement), or “Advances” (as defined in the Tribeca Warehousing Agreement) on and after the Original Forbearance Effective Date. In addition Section 8.2 (c)(iv) of the Tribeca Master Agreement is hereby amended to delete the second and third sentences of such section.

Amendments to Credit Agreements. The Credit Agreement is hereby amended as follows: (a) Section 1.1 of the Credit Agreement is hereby amended by deleting the definitions of "EBITDA Threshold" in its entirety. (b) Section 2.1(a) of the Credit Agreement is hereby amended by deleting all of clause (x)(ii) and inserting the following:

Amendments to Credit Agreements. Section 2.1 of the Franklin Master Agreement, entitled “The Commitment,” Section 2.1 of the Franklin Warehousing Agreement, entitled “The Commitment,” and Section 2(a) entitled “Agreement to Make the Loan” of the Franklin Term Loan Agreement are each hereby amended to delete any obligation of Lender to make any further “Subsidiary Loans” (as defined in the Franklin Master Agreement), “Advances” (as defined in the Franklin Warehousing Agreement) or “Loan” (as defined in the Franklin Term Loan Agreement) on and after the Forbearance Effective Date. In addition Section 8.2 (c)(iv) of the Franklin Master Agreement is hereby amended to delete the second and third sentences of such section.

Amendments to Credit Agreements. The Company agrees to use its reasonable best efforts promptly to take or cause to be taken all actions and promptly to do or cause to be done all things necessary, proper or advisable to amend, or obtain the necessary consents, waivers or other approvals under, the credit agreement with KeyBank set forth on Schedule 5.6 in order to permit the Company to issue and sell the Preferred Stock to the Investor and to permit the Investor and any other holder of the Preferred Stock to exercise their rights under the terms of the Preferred Stock.

Amendments to Credit Agreements. Section 5.7 Amendment to By-Laws . . . . . . . . . . . 25

Amendments to Credit Agreements. The defined terms “Revolving Credit Termination Date” and “Reducing Revolving Credit Commitment” appearing in Section 1.01 of the Credit Agreement are hereby amended and restated to read as follows:

Amendments to Credit Agreements. The Credit Agreements are amended as follows: 1.1 The definition of “DNS Subsidiary” that appears in Schedule 1.1 to the Credit Agreements is hereby amended and restated to read in its entirety as follows:

Amendments to Credit Agreements. The Credit Agreements are amended as follows: 1.1 The first Recital of the Domestic Credit Agreement is amended to read in its entirety as follows: “Company has asked ▇▇▇▇▇ Fargo to provide it with (i) a $15,000,000 revolving line of credit (the “Line of Credit”) for working capital purposes and to facilitate the issuance of letters of credit, with the amount of such Line of Credit subject to increase as provided in Section 1.1(e), and (ii) a $500,000 non-revolving capital expenditure line of credit (“Capital Expenditure Line”). ▇▇▇▇▇ Fargo is agreeable to meeting Company’s request, provided that Company agrees to the terms and conditions of this Agreement.” 1.2 The first Recital of the Ex-Im Credit Agreement is amended to read in its entirety as follows: “Company has asked ▇▇▇▇▇ Fargo to provide it with a $10,000,000 revolving line of credit (the “Line of Credit”) for working capital purposes, with such Line of Credit constituting a subfacility within the Domestic Facility Agreement (defined below), with the amount of such Line of Credit subject to increase as provided in Section 1.1(e). ▇▇▇▇▇ Fargo is agreeable to meeting Company’s request, provided that Company agrees to the terms and conditions of this Agreement.” 1.3 Section 1.1(a)

Amendments to Credit Agreements. (a) The definition of “Permitted Investments” as set forth in Section 1.01 of each Credit Agreement is hereby amended by (i) deleting the “.” at the end of clause (f) thereof and substituting “ and” in lieu thereof and (ii) inserting the following new clause (g) at the end thereof: