Document:

Exhibit 10.6  

AMENDMENT TO CREDIT AGREEMENT  

        AMENDMENT, dated as of November 1, 2002 (the "Amendment"), to the Credit Agreement dated as of
February 8, 2002, by and among EON LABS, INC., a Delaware corporation and EON PHARMA,  LLC, a
Delaware limited liability company (each a "Company" and, collectively the "Companies") and JPMORGAN CHASE
BANK, a New York banking corporation, (the "Lender"). 

RECITALS  

        The Companies have requested and the Lender has agreed, subject to the terms and conditions of this Amendment, to amend certain provisions of the Credit Agreement
as hereinafter set forth. 

        Accordingly,
in consideration of the premises and of the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows: 

        1.    Amendments. (a) The proviso in the first sentence of Section 6.01 of the Agreement is hereby amended and
restated in its entirety to read as follows: 

        ;
provided however, (x) with respect to the period commencing on September 30, 2003, product liability insurance shall be in an amount not less than $80,000,000 per claim
and in the aggregate except with respect to (a) phentermine, which shall be not less than $35,000,000 per claim and in the aggregate, and (b) phenylpropanolamine, which shall be not less
than $75,000,000 per claim and in the aggregate, and which may be "Supplemental Extended Reporting Policies" only and (y) with respect to the period prior to September 30, 2003, product
liability insurance shall be in an amount not less than $25,000,000 per claim and in the aggregate, together with $15,000,000 of product liability insurance per claim and in the aggregate with respect
to phentermine, and $75,000,000 of product liability insurance per claim and in the aggregate with respect to phenylpropanolamine. 

        (b)  Section 8.01
is hereby amended to (x) delete the text "or" at the end of clause (n) thereof, (y) insert the text "or" at the end of
clause (o) thereof, and (z) add a new clause (p) which shall read in its entirety as follows: 

        (p)  any
Company shall receive notification that any product liability insurance required to be maintained pursuant to Section 6.01 will not be renewed or will only be
renewed in an amount less than the coverage required and prior to the earlier of (i) the effective date of such renewal or reduced amount and (ii) thirty (30) days from the date
of such notice, the Companies shall not have in full force and effect the product insurance policies required to be maintained pursuant to Section 6.01; 

        2.    Conditions of Effectiveness. It is a condition to the effectiveness of this Amendment that the Bank receive a fee in the
amount of $2,000 on the date hereof. 

        3.    Miscellaneous.

        THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF
LAW.

        All
capitalized terms used herein shall have the same meanings as in the Credit Agreement unless specifically defined herein. 

        This
Amendment shall constitute a Loan Document. 

        Except
as expressly amended hereby, the Credit Agreement shall remain in full force and effect in accordance with the terms thereof. As amended hereby, the Credit Agreement is ratified
and confirmed in all respects. This Amendment is limited specifically to the matter set forth above and does not constitute directly or by implication an amendment or waiver of any other provisions of
the Credit 

 

Agreement or any Event of Default or Default which may occur or may have occurred under the Agreement. 

        Each
Company hereby represents and warrants that, after giving effect to this Amendment (a) each of the representations and warranties of the Companies and each Guarantor set
forth in the Credit Agreement and each other Loan Document to which any thereof is a party is true and correct on and as of the date hereof with the same effect as though such representations and
warranties had been made on and as of the date hereof, and (b) no Default or Event of Default exists under the Credit Agreement or any other Loan Document. 

        This
Amendment may be executed in one or more counterparts, each of which shall constitute an original, but all of which, when taken together, shall constitute but one Amendment. 

[next
page is signature page] 

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        IN WITNESS WHEREOF, the Companies and the Lender have caused this Amendment to be duly executed by their duly authorized officers, all as
of the day and year first above written. 

	 	 	EON LABS, INC.
	

 	
 	

By:	

/s/  WILLIAM F. HOLT      

	 	 	Name:	William F. Holt
	 	 	Title:	Vice President Finance
	

 	
 	
EON PHARMA, LLC
	

 	
 	

By:	

/s/  WILLIAM F. HOLT      

	 	 	Name:	William F. Holt
	 	 	Title:	Vice President Finance
	

 	
 	
JPMORGAN CHASE BANK
	

 	
 	

By:	

/s/  SANFORD WALD      

	 	 	Name:	Sanford Wald
	 	 	Title:	Vice President

3

 

        The undersigned not a party to the Credit Agreement but as Guarantor under its Guaranty, hereby accepts and agrees to the terms of this Amendment and further
acknowledge that its Guaranty is in full force and effect. 

	 	 	FORTE PHARMA, INC.
	

 	
 	

By:	

/s/  WILLIAM F. HOLT      

	 	 	Name:	William F. Holt
	 	 	Title:	President

4Exhibit 10.7  

AMENDMENT

AND

WAIVER

TO

CREDIT AGREEMENT  

        AMENDMENT AND WAIVER, dated as of March 18, 2003 (the "Waiver"), to the Credit Agreement dated as of
February 8, 2002, by and among EON LABS, INC. (formerly known as Eon Labs Manufacturing, Inc.), a Delaware corporation ("ELM") and  EON PHARMA, LLC, a Delaware limited liability company (each a "Company" and, collectively, the "Companies") and JPMORGAN CHASE
BANK, a New York banking corporation (the "Lender"). 

BACKGROUND  

        The Companies have requested and the Lender has agreed, subject to the terms and conditions of this Waiver, to waive and amend certain provisions of the Credit
Agreement as hereinafter set forth. 

        Accordingly,
in consideration of the premises and of the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows: 

ARTICLE I.
  Waivers.

        Section 1.1.    The
Lender waives compliance with the provisions of Section 6.14 of the Credit Agreement solely as a result of the failure of the Companies to
give the Lender prompt written notice that Eon Distribution Inc. ("ED") had become a subsidiary of ELM, provided that ED shall become a Guarantor simultaneously with the effectiveness of this
Waiver. 

        Section 1.2.    The
Lender waives compliance with the provisions of Sections 7.04, 7.06(a) and 7.15 of the Credit Agreement solely to the extent necessary to permit ELM
to transfer to ED certain of ELM's assets in an amount not to exceed $700,000, provided that ED shall become a Guarantor simultaneously with the effectiveness of this Waiver. 

ARTICLE II.
  Amendments.

        Section 2.1    Section 7.06
(e) of the Credit Agreement is hereby amended to delete the amount "$5,000,000" therein and to insert the following text: 

"$5,800,000"
(calculated exclusive of existing loans and capital contributions by ELM to Eon Distribution, Inc. in an amount not to exceed $77,500,000). 

ARTICLE III.
  Conditions of Effectiveness.

        Section 3.1.    This
Waiver shall become effective upon receipt by the Lender of each of the following, in form and substance satisfactory to the Lender and its counsel: 

        (a)  this
Waiver, duly executed by the Companies and the Guarantors; 

        (b)  a
certificate of the Secretary of ED certifying: (A) that neither its Certificate of Incorporation nor By-laws has been amended since the date of
their certification; (B) that attached thereto is a true and a complete copy of resolutions adopted by the Board of Directors of ED authorizing the execution, delivery and performance of the
Guaranty, the Security Agreement and each other Loan Document to which it is a party; and (C) the incumbency and specimen signature of each officer of ED executing each Loan Document to which
it is a party and any certificates or instruments furnished pursuant hereto, and a certification by another officer of ED as to the 

 

incumbency and signature of the Secretary, and together with certified copies of the Certificate of Incorporation and By-laws of ED; 

        (c)  a
certificate of good standing for ED from the Secretary of the State of Delaware, dated as of a recent date; 

        (d)  an
Officer's Certificate, substantially in the form of Exhibit 1 attached hereto, duly executed by the Companies; 

        (e)  a
Joinder Agreement, substantially in the form of Exhibit 2 attached hereto, duly executed by ED, together with (i) a Schedule A to the Security
Agreement completed with respect to ED and (ii) UCC-1 financing statements in a form acceptable to the Lender for such jurisdictions as the Lender determines are necessary to
perfect the liens created by the Security Agreement with respect to ED; 

        (f)    a
favorable opinion of counsel for ED dated as of the date hereof, as required pursuant to Section 6.14 of the Credit Agreement; 

        (g)  a
certificate of insurance from an independent insurance broker confirming the insurance required to be maintained pursuant to Section 6.01 of the Credit
Agreement with respect to ED; and 

        (h)  such
other documents, instruments, agreements, approvals, opinions and evidence as the Lender may reasonably require. 

ARTICLE IV.
  Representations and Warranties; Effect on Credit Agreement.

        Section 4.1.    Each
Company hereby represents and warrants as follows: 

        (a)  This
Waiver and the Credit Agreement constitute legal, valid and binding obligations of the Companies and are enforceable against the Companies in accordance with their
respective terms. 

        (b)  Upon
the effectiveness of this Waiver, the Companies hereby reaffirm all covenants, representations and warranties made in the Credit Agreement and each Company agrees
that all such covenants, representations and warranties shall be deemed to have been remade as of the date hereof. 

        (c)  No
Default or Event of Default has occurred and is continuing or would exist after giving effect to this Waiver. 

        (d)  No
Company has any defense, counterclaim or offset with respect to the Credit Agreement. 

        Section 4.2.    Effect on Credit Agreement.

        (a)  Upon
the effectiveness of this Waiver, each reference in the Credit Agreement to "this Agreement", "hereunder", "hereof", "herein" or words of like import shall mean and
be a reference to the Credit Agreement after giving effect to this Waiver. 

        (b)  The
Credit Agreement, and all other documents, instruments and agreements executed and/or delivered in connection therewith, shall remain in full force and effect, and
are hereby ratified and confirmed. 

        (c)  The
amendments and waivers herein are limited specifically to the matters set forth above and for the specific instances and purposes for which given and do not
constitute directly or by 

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implication an amendment or waiver of any other provisions of the Credit Agreement or a waiver of any Default or Event of Default (other than as set forth in this Article I). 

ARTICLE V.
  Miscellaneous.

        Section 5.1.    This
Waiver shall be governed by and construed in accordance with the laws of the State of New York. 

        Section 5.2.    Section
headings in this Waiver are included herein for convenience of reference only and shall not constitute a part of this Waiver for any other
purpose. 

        Section 5.3.    This
Waiver may be executed in one or more counterparts, each of which shall constitute an original, and all of which, taken together, shall be deemed to
constitute one and the same agreement. 

        IN WITNESS WHEREOF, the Companies and the Lender have caused this Waiver to be duly executed by their duly authorized officers, all as of
the day and year first above written. 

	 	 	EON LABS, INC.
	

 	
 	

By:	

/s/  WILLIAM F. HOLT      
 Name: William F. Holt

Title: Vice President-Finance, CFO
	

 	
 	
EON PHARMA, LLC
	

 	
 	

By:	

/s/  WILLIAM F. HOLT      
 Name: William F. Holt

Title: Vice President-Finance, CFO
	

 	
 	
JPMORGAN CHASE BANK
	

 	
 	

By:	

/s/  SANFORD WALD      
 Name: Sanford Wald

Title: Vice President

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        The undersigned not a party to the Credit Agreement but as Guarantor under the Guaranty, hereby accepts and agrees to the terms of this Waiver and further
acknowledges that its Guaranty is in full force and effect. 

	 	 	FORTE PHARMA, INC.
	

 	
 	

By:	

/s/  WILLIAM F. HOLT      
 Name: William F. Holt

Title: President
	

 	
 	
EON DISTRIBUTION, INC.
	

 	
 	

By:	

/s/  WILLIAM F. HOLT      
 Name: William F. Holt

Title: Vice President, Secretary, Treasurer

4

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