Accordion Effective Date definition

Accordion Effective Date shall have the meaning assigned to it in Section 1.05(e).
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Accordion Effective Date has the defined meaning assigned in Subsection 2.12.
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Accordion Effective Date means in respect of an increase to the Credit Facility requested by the Borrower in accordance with Section 2.6, the date on which an Accordion Agreement has been duly executed and delivered by each of the applicable Accordion Lender(s), the Administrative Agent and the Borrowers and received by the Administrative Agent. 51334597.3 Third Amended and Restated Credit Agreement - Equinox
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Examples of Accordion Effective Date in a sentence

  • On such Accordion Effective Date, each Borrower shall pay to the Administrative Agent, for the account of the Lenders, any amounts owing to such Lenders pursuant to Section 2.12 in respect of Loans prepaid on such Accordion Effective Date pursuant to this Section 1.05(e).

  • On each Accordion Effective Date on which an Accordion Lender becomes a Lender, this Agreement and each other Financing Agreement shall henceforth be read and construed as if such Accordion Lender were party to this Agreement as a Lender having all of the rights and obligations of a Lender expressed herein with respect to the Commitment that the Lender has agreed to accept and all references to any Lenders in any Financing Agreement shall (to the extent the context so admits) be construed accordingly.

  • On each Accordion Effective Date, the Administrative Agent shall determine the amount of adjusting payments that may need to be made amongst the Lenders to ensure that their respective shares in outstanding Loans under the Revolving Loans equal their respective Pro Rata Share of the Revolving Loans.

  • The Borrower Agent shall prepay Loans on such Accordion Effective Date to the extent necessary to cause the outstanding Loans to be ratable with the Commitment of each Lender.

  • The Borrower shall prepay Loans on each Accordion Effective Date to the extent necessary to cause the outstanding Loans to be ratable with the Commitment of each Lender.

  • Any increase shall be available to the Borrowers commencing on the Accordion Effective Date and continuing until the Maturity Date.

  • For greater certainty, the Borrowers can withdraw a request under Section 2.03(1) for an increase until the Accordion Effective Date of the applicable increase.

  • Each of the Borrower, the Administrative Agent and the Lenders hereby agrees that the amendments specified in Section 2.6(b) will be made to give effect to the Accordion Increase requested in the Accordion Notice and will become effective as of the Accordion Effective Date without the requirement for any further documentation, consents or other action by or on behalf of such Person.

  • The increase in that Accordion Lender's Individual Commitment with respect to the RCF Facility shall, subject to Sections 2.6(b) and (f), take place with effect from the Accordion Effective Date.

  • Effective as of the Accordion Effective Date: (i) Schedule A hereto shall be automatically amended to increase the Individual Commitment of such Accordion Lender with respect to the RT Facility by the amount of its Individual Accordion Commitment, and (ii) any reference to “RT Credit Limit” shall be interpreted and construed as a reference to the RT Credit Limit as increased by the amount of the Accordion Increase.


More Definitions of Accordion Effective Date

Accordion Effective Date means in respect of an increase to the RCF Facility requested by the Borrower in accordance with Section 2.6, the date on which an Accordion Agreement has been duly executed and delivered by each of the applicable Accordion Lender(s), the Administrative Agent and the Borrowers and received by the Administrative Agent.
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Accordion Effective Date means the date specified in paragraph 7 of the Accordion Commitment Notice.
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Accordion Effective Date means the date the Agent notifies the Borrowers and the Lenders that an increase in the Commitments has taken effect in accordance with Section 2.03.
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Accordion Effective Date as defined in Section 2.2.
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Accordion Effective Date means the date on which any Revolving Increase is requested to become effective, which, unless otherwise agreed by Agent, shall be within the period commencing on the date that is ten Business Days after receipt of the related Revolving Increase Request and ending on the date which is 60 days after the date of the related Revolving Increase Request.
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Accordion Effective Date means, in respect of each Accordion Option, the effective date (as defined therein) of the relevant amendment or, as the case may be, the relevant amendment and restatement agreement referred to in Clause 2.6(i).
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Related to Accordion Effective Date

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.

  • Order Form Effective Date means the date on which an Order Form comes into effect as indicated in that Order Form.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Original Effective Date means the Effective Date under, and as defined in, the Original Credit Agreement.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).