AMENDMENTS TO SECTION 9 definition

AMENDMENTS TO SECTION 9. ADMINISTRATIVE AGENT The first paragraph of subsection 9.6 of the Credit Agreement is hereby amended by deleting it in its entirety and substituting the following therefor: "Each Lender hereby further authorizes Administrative Agent, on behalf of and for the benefit of Lenders, to enter into each Collateral Document as secured party, to be the agent for and representative of Lenders under each Guaranty and to enter into and be the agent for and representative of Lenders under the Intercreditor Agreement and each Lender agrees to be bound by the terms of each Collateral Document, each Guaranty and the Intercreditor Agreement; provided that Administrative Agent shall not (i) enter into or consent to any material amendment, modification, termination or waiver of any provision contained in any Collateral Document or Guaranty or the Intercreditor Agreement or (ii) release any Collateral (except as otherwise expressly permitted or required pursuant to the terms of this Agreement or the applicable Collateral Document), in each case without the prior consent of Requisite Lenders (or, if required pursuant to subsection 10.6, all Lenders); provided further, however, that, without further written consent or authorization from Lenders, Administrative Agent may execute any documents or instruments necessary to (a) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted by this Agreement or to which Requisite Lenders have otherwise consented, (b) release any Subsidiary Guarantor from the Subsidiary Guaranty if all of the Capital Stock of such Subsidiary Guarantor is sold to any Person (other than an Affiliate of Company) pursuant to a sale or other disposition permitted hereunder or to which Requisite Lenders have otherwise consented or (c) subordinate the Liens of Administrative Agent, on behalf of Lenders, to any Liens permitted by subsection 7.2; provided that, in the case of a sale of such item of Collateral or stock referred to in subdivision (a) or (b), the requirements of subsection 10.14 are satisfied. Anything contained in any of the Loan Documents to the contrary notwithstanding, Company, Administrative Agent and each Lender hereby agree that (1) no Lender shall have any right individually to realize upon any of the Collateral under any Collateral Document or to enforce any Guaranty, it being understood and agreed that all powers, rights and remedies under the Collateral Documents and the Guara...
AMENDMENTS TO SECTION 9. Miscellaneous Subsection 9.2 of the Credit Agreement is hereby amended by adding the following proviso at the end thereof: "; provided further, that copies of all notices, requests or demands delivered pursuant to this subsection 9.2, and copies of all statements delivered pursuant to subsection 9.5, shall also be delivered to: Smith Corona Corporation Creditors' Committee c/o Blank, Rome, Com▇▇▇▇ & ▇▇▇▇▇ley Four Penn Center Plaza Ph▇▇▇▇▇▇▇hia, ▇▇ ▇▇103 At▇▇▇▇▇▇▇: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇. ▇▇▇▇▇▇one: (215) 569-5500 ▇▇▇▇▇▇▇y: (215) 569-5555 Section 2.

Related to AMENDMENTS TO SECTION 9

  • Other Definitional Provisions set forth in Section 1.2 of the Credit and Security Agreement are incorporated by reference into this Supplement. In the event of a conflict between the terms of the 20__-_ Exchange Note, the terms of the Credit and Security Agreement and the terms of this Supplement, this Supplement will prevail.

  • Restructuring Effective Date has the meaning set out in the Restructuring Implementation Deed;

  • FBF Definitions means the definitions set out in the June 2013 FBF Master Agreement relating to transactions on forward financial instruments as supplemented by the Technical Schedules (Additifs Techniques) as published by the Fédération Bancaire Française (together the FBF Master Agreement) as may be supplemented or amended as at the Issue Date.

  • Terms of Reference (TORs) means the Terms of Reference that explains the objectives, scope of work, activities, and tasks to be performed, respective responsibilities of the Procuring Entity and the Consultant, and expected results and deliverables of the assignment.

  • Promotion of Access to Information Act ’ means the Promotion of Access to Information Act, 2000 (Act No. 2 of 2000);