Common use of Interim Facility Effective Date Clause in Contracts

Interim Facility Effective Date. The obligations of the Lenders to enter into and execute this Agreement and make Loans and other extensions of credit hereunder during the Interim Period, shall commence on the first Business Day when each of the following conditions precedent shall have been satisfied (or waived in accordance with Section 12.02) in a manner satisfactory to the Agent, which day shall be no later than two (2) Business Days after the entry of the Interim Order (the “Interim Facility Effective Date”):

Appears in 3 contracts

Samples: Dip Credit Agreement (Legacy Reserves Inc.), Dip Credit Agreement (Legacy Reserves Inc.), Credit Agreement (Legacy Reserves Inc.)

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Interim Facility Effective Date. The obligations obligation of the Lenders L/C Issuer and each Lender to enter into and execute this Agreement and make Loans and other extensions of credit Credit Extensions hereunder during the Interim Period, Period shall commence on the first Business Day (the “Interim Facility Effective Date”) when each of the following conditions precedent shall have been satisfied (or waived in accordance with Section 12.02) in a manner satisfactory to the Administrative Agent, which day shall be no later than two (2) Business Days after the entry of the Interim Order (the “Interim Facility Effective Date”)::

Appears in 2 contracts

Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)

Interim Facility Effective Date. The obligations of the Lenders to enter into and execute this Agreement Agreement, and make Loans and other extensions of credit hereunder during the Interim Facility Period, shall commence on the first Business Day (the “Interim Facility Effective Date”) when each of the following conditions precedent shall have been satisfied (or waived in accordance with Section 12.02) in a manner satisfactory to the Administrative Agent, which day shall be no later than two (2) Business Days after the entry of the Interim Order (the “Interim Facility Effective Date”)::

Appears in 1 contract

Samples: Dip Credit Agreement

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Interim Facility Effective Date. The obligations obligation of the Lenders each Lender to enter into and execute this Agreement and make Loans and other extensions the obligations of credit hereunder the Letter of Credit Issuers to issue the Letters of Credit hereunder, in each case, during the Interim Period, shall commence on the first (1st) Business Day when each of the following conditions precedent shall have been satisfied (or waived in accordance with Section 12.02writing (including by email) by the Agent and the New Money Lenders) in a manner satisfactory to the Agent, which day shall be no later than two (2) Business Days after the entry of the Interim Order Agent (the “Interim Facility Effective Date”):

Appears in 1 contract

Samples: Dip Credit Agreement (Chesapeake Energy Corp)

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