Common use of Modifications to Credit Agreement Clause in Contracts

Modifications to Credit Agreement. The Credit Agreement is hereby deemed modified to reflect all of the terms and provisions of Sections 3.01 and 3.02 above. Any breach by any Borrower (or other Credit Party) of any of the terms or provisions of Section 3.01 or of Article IV below or any other term or provision of this Agreement shall be deemed an Event of Default for all purposes.

Appears in 1 contract

Sources: Modification and Limited Waiver Agreement (Baldwin Technology Co Inc)

Modifications to Credit Agreement. The Credit Agreement is hereby deemed modified to reflect all of the terms and provisions of Sections 3.01 and 3.02 above. Any breach by any Borrower (or other Credit Party) of any of the terms or provisions of Section 3.01 or of Article IV below or any other term or provision of this Agreement shall be deemed an Event of Default for all purposes.. ARTICLE IV

Appears in 1 contract

Sources: Modification and Limited Waiver Agreement