Statistics / Readability Analysis

Legal Tools / Statistics / Readability Analysis

WHEREAS, Borrower and Lender desire to (i) amend certain provisions of the Loan Agreement and (ii) waive any default or Event of Default that has arisen or would otherwise arise under Section 6.2(a) of the Loan Agreement for failure to comply with the covenants in Section 5.2 and Section 5.4(d) of the Loan Agreement in connection with the Merger and the Demand Loan; and

WHEREAS, pursuant to Section 8.6 of the Loan Agreement, a waiver under the Loan Agreement may be granted by Bank, and pursuant to Section 11.7 of the Loan Agreement, the Loan Agreement may be amended by an instrument in writing signed by Borrower and Bank.

NOW, THEREFORE, in consideration of the mutual agreements herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

1. Definitions; Loan Document. Capitalized terms used herein without definition shall have the meanings assigned to such terms in the Loan Agreement. This First Amendment shall constitute a Loan Document for all purposes of the Loan Agreement and the other Loan Documents.

Characters

1,127

Words

183

Paragraphs

Sentences

Avg. Words/Sentence

AllDrafts Archaism Score

450

AllDrafts Legalese Score

100

AllDrafts Latinism Score

AllDrafts Complexity Score

475

Flesch-Kincaid Reading Ease

19.40%

Grade Level

Graduate School

19.00

Flesch-Kincaid Grade Level

21.90

Gunning Fog Score

22.20

Coleman-Liau Index

13.10

SMOG Index

17.20

Automated Readability Index

24.60

Roast me!

The time-traveling legal scribe, with a love for archaic language that borders on obsession and a complexity that could befuddle historians. Your contract is like a relic from an ancient civilization, incomprehensible without a Rosetta Stone for legalese.

Paste a contract or other text into the left-hand box to analyze its readability, complexity, and other statistics. (Your document is not saved; it is just analyzed in the moment.)

AllDrafts is a smart contract editor that automatically numbers and formats documents, and provides tools to help you avoid errors and save time formatting. The statistics and readability analysis tool is integrated into the AllDrafts editor.

450.00, 100.00, 0.00, 475.00, 17.2