Amendment to Section 1 definition

Amendment to Section 1. Definitions. The definition of "Tangible Net Worth" set forth in Section 1.1 of the Loan Agreement is hereby amended by inserting the words "or of Senior Housing Properties Trust, a Maryland real estate investment trust," immediately after the reference to "Hospitality Properties Trust" in clause (v) of the exclusions thereto.
Amendment to Section 1. Pledge of Security Subsection 1(e) of the Holdings Pledge Agreement is hereby amended to add the parenthetical phrase "(other than ▇▇▇▇▇ II)" after the phrase "a direct Subsidiary of Pledgor".
Amendment to Section 1. The first sentence of Section 1 of the Agreement is hereby deleted and the following inserted in its place: "The Employee is employed as Chief Executive Officer and President of the Employer and shall serve as a member of the Board of Directors of the Employer from the date of employment through the Term of this Agreement."

Related to Amendment to Section 1

  • Amendment to Allege Use or similar filing with respect thereto, by the United States Patent and Trademark Office, only to the extent, if any, that, and solely during the period if any, in which, the grant of a security interest therein may impair the validity or enforceability of such intent-to-use (or similar) Trademark application under applicable federal Law,

  • the Second Supplementary Agreement means the Second Supplementary Agreement, a copy of which is set out in Schedule 3;

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • the first supplementary agreement means the agreement of which a copy is set out in the Second Schedule;

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.