Amendments to Section 7 Clause Samples
Amendments to Section 7. 11. Section 7.11 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:
Amendments to Section 7. 11. Subsection 7.11 of the Credit Agreement is hereby amended by deleting such subsection in its entirety and substituting in lieu thereof the following:
Amendments to Section 7. 5. Section 7.5 of the Credit Agreement is hereby amended by (a) deleting the term "and" at the end of paragraph (b) thereof and (b) deleting paragraph (c) in its entirety and substituting in lieu thereof the following paragraphs:
Amendments to Section 7. 04. Section 7.04 of the Credit Agreement is hereby deleted in its entirety and the following is hereby substituted therefor:
Amendments to Section 7. 03. Clause (h) will be re-lettered clause (i) and a new clause (h) shall be added to Section 7.03 of the Existing Credit Agreement in each case to read as follows:
Amendments to Section 7. Section 7(a) of the Rights Agreement is hereby deleted in its entirety and replaced with the following:
(a) The registered holder of any Right Certificate may exercise the Rights evidenced thereby (except as otherwise provided herein), in whole or in part, at any time after the Distribution Date, upon surrender of the Right Certificate, with the form of election to purchase on the reverse side thereof properly completed and duly executed, to the Rights Agent at the office of the Rights Agent designated for such purpose, together with payment of the Purchase Price for each one one-hundredth of a Preferred Share as to which the Rights are exercised, and an amount equal to any tax or charge required to be paid under Section 9 hereof, by certified check, cashier’s check or money order payable to the order of the Company, at or prior to the earliest of (i) the Close of Business on February 25, 2013 (the “ Final Expiration Date”), (ii) the time at which the Rights are redeemed as provided in Section 23 hereof (the “ Redemption Date”), (iii) the time at which such Rights are exchanged as provided in Section 24 hereof, (iv) the repeal of Section 382 or any successor statute, or any other change, if the Board determines that this Agreement is no longer necessary for the preservation of tax benefits, (v) the beginning of a taxable year of the Company to which the Board determines that no tax benefits may be carried forward and no built-in losses may be recognized, (vi) February 25, 2011 if Stockholder Approval has not been obtained prior to such date, or (vii) a determination by the Board, prior to the time any Person becomes an Acquiring Person, that the Rights Agreement and the Rights are no longer in the best interests of the Company and its stockholders (the earliest of the dates set forth in clauses (iv), (v), (vi) and (vii), the “ Early Expiration Date”).”
Amendments to Section 7. 18. Section 7.18(a) of the Loan Agreement is hereby amended by deleting such Section in its entirety and inserting the following in lieu thereof:
Amendments to Section 7. 05. Section 7.05 of the Loan Agreement is hereby amended by (a) deleting the word “and” at the end of clause (m), (b) deleting the “.” at the end of clause (n) and replacing it with “; and” and (c) adding the following new clause (o) at the end thereof:
Amendments to Section 7. (a) Section 7.1 is hereby amended and restated to read in its entirety as follows:
Amendments to Section 7. 31 OF THE CREDIT AGREEMENT. Section 7.31 of the Credit Agreement is hereby amended by replacing each reference to "Foreign Subsidiary" with "Subsidiary".