Accordion Increase Effective Date definition

Accordion Increase Effective Date has the meaning specified in Section 2.15.
Accordion Increase Effective Date has the meaning given to this term in Clause 2.2.2.7; 1.1.4. "Accordion Increase Request" means a request delivered by the Borrower to the Agent under Clause 2.2 (Accordion increase option), substantially in the form annexed as Part I (Form of Accordion Increase Request) of Schedule 7 (Accordion Increase Documents); 1.1.5. "Accounting Reference Date" means 30 June of each year; 1.1.6. "Additional Guarantor" means a company which becomes an Additional Guarantor in accordance with Clause 23.2 (Additional Guarantors); 1.1.7. "Affiliate" means, in relation to any person, a Subsidiary of that person or a Holding Company of that person or any other Subsidiary of that Holding Company; 1.1.8. "Aggregate Accordion Increase Amount" has the meaning given to this term in Clause 2.2.1; 1.1.9. "Agreement" means this Agreement and its Schedules;
Accordion Increase Effective Date has the meaning specified in Section 2.06(d). “Act” has the meaning specified in Section 10.2010.19.

Examples of Accordion Increase Effective Date in a sentence

  • The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Accordion Increase Effective Date.

  • The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such Additional Term Loans and the Accordion Increase Effective Date.

  • The Senior Agent shall, as soon as reasonably practicable after the establishment of an Accordion Increase notify the Borrower and the Senior Lenders of that establishment and the Accordion Increase Effective Date of that Accordion Increase.

  • The Borrower shall pay to the Accordion Increase Lender on or about each Accordion Increase Effective Date a fee in the amount and at the times agreed in any Fee Letter between the Borrower and the Accordion Increase Lender.

  • The Repeating Representations are deemed to be made by the Obligors, the Transferor and the Servicer, as applicable, by reference to the facts and circumstances then existing on the date of each Utilisation Request, each Utilisation Date, the first day of each Interest Period, the date of each Accordion Increase Notice and on each Accordion Increase Effective Date.

  • The Borrower shall prepay any Committed Loans outstanding on the Accordion Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.

  • Upon giving effect to this Agreement, (i) each 2020 Increasing Lender hereby agrees to provide its respective portion of the 2020 Accordion Increase, (ii) the Revolving Commitment of each Lender as of the date hereof is amended to equal the amount set forth opposite such Lender’s name on Schedule I attached hereto and (c) the amount of the aggregate Revolving Commitments in effect on the 2020 Accordion Increase Effective Date shall be Three Hundred Million Dollars ($300,000,000).

Related to Accordion Increase Effective Date

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Increase Date has the meaning specified in Section 2.18(a).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Increase Joinder has the meaning specified therefor in Section 2.14.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Commitment Date has the meaning specified in Section 2.18(b).