Common use of Amendments to the Guaranty Clause in Contracts

Amendments to the Guaranty. Subject to the satisfaction or waiver of the conditions precedent set forth in Section 9 hereof: (a) Section 3.01 of the Guaranty is hereby amended by deleting clauses (iii) and (iv) from the first paragraph thereof and by deleting subsection (e) therein. (b) Section 3.01 of the Guaranty is hereby amended by deleting all references to Section 4.11(b) and Section 4.11(c) therein. (a) Subsections (b), (c), and (d) of Section 3.02 of the Guaranty are hereby amended and restated in their entirety to read as follows: (b) [Reserved].” (c) [Reserved].” (d) [Reserved].”

Appears in 2 contracts

Sources: Third Supplemental Indenture (PureCycle Technologies, Inc.), Third Supplemental Indenture (PureCycle Technologies, Inc.)

Amendments to the Guaranty. Subject to the satisfaction or waiver of the conditions precedent set forth in Section 9 hereof: (ai) Section 3.01 of the Guaranty is hereby amended by deleting clauses (iii) and (iv) from the first paragraph thereof and by deleting subsection (e) therein. (bii) Section 3.01 of the Guaranty is hereby amended by deleting all references to Section 4.11(b) and Section 4.11(c) therein. (ai) Subsections (b), (c), and (d) of Section 3.02 of the Guaranty are hereby amended and restated in their entirety to read as follows: (b) [Reserved].” (c) [Reserved].” (d) [Reserved].”

Appears in 1 contract

Sources: Purchase Agreement (PureCycle Technologies, Inc.)