Amendment of Existing Credit Agreement

Amendment of Existing Credit Agreement. Effective as of the Amendment Effective Date (as defined below), the Credit Agreement is hereby amended as follows: (a) Section 1.01 is amended by deleting the definition of "Financial Covenant Event of Default" in its entirety. (b) Section 1.01 is amended by amending and restating the definition of "Financial Covenant" in its entirety as follows: "Financial Covenant" shall mean for any Test Period, the Consolidated Leverage Ratio of the Borrower and its Restricted Subsidiaries set forth... below opposite the date which is the last day of the applicable Test Period: Test Period Ending Ratio on or prior to January 3, 2015 5.00:1.00 on April 4, 2015 4.75:1.00 on July 4, 2015 and thereafter 4.50:1.00 and each reference herein to "compliance on a Pro Forma Basis" with the Financial Covenant shall mean that the Consolidated Leverage Ratio at the end of the applicable Test Period, on a Pro Forma Basis, does not exceed the ratio so set forth. View More