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      "text": "Financial covenant relief – replaces Leverage and Fixed Charge Coverage tests with minimum EBITDA test through 2007 and adds Capex covenant for the life of the credit facilities\nCondition precedent – gross proceeds of at least $100mm from equity offerings by 11/20/05\nStarting in 2008 for the remaining life of the deal, the existing Leverage and Fixed Charge Coverage tests are reinstated\nAmendment gives Blockbuster improved operating flexibility over the term of the credit agreement",
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