Examples of Additional Borrower Effective Date in a sentence
Anything contained herein to the contrary notwithstanding, from and after any Additional Borrower Effective Date, no additional Letters of Credit shall be issued for the account of Rayonier.
From and after any Additional Borrower Effective Date with respect to an Additional Borrower, maintain Control over such Additional Borrower and take such other action as may be required so that all accounts and financial reports of Rayonier and such Additional Borrower and, to the extent otherwise required by GAAP, their respective Subsidiaries are consolidated in accordance with GAAP.
Anything contained herein to the contrary notwithstanding, from and after any Additional Borrower Effective Date, Rayonier shall not be entitled to borrow any amounts hereunder and no Revolving Credit Advances shall be made to Rayonier, provided that the term “Borrower” shall otherwise continue to include Rayonier for purposes of the provisions of this Agreement and the other Loan Documents.
Notwithstanding the provisions of Section 3.02, the occurrence of the Additional Borrower Effective Date for any Additional Borrower, and the initial Loan Event with respect to any such Additional Borrower, shall be subject to the satisfaction of the following conditions precedent: (a) Corporate Documents.
Except as specifically provided in Section 316 and the Library of Definitions, a 23 member state shall impose a sales or use tax on all products or services included 24 within each definition or exempt from sales or use tax all products or services within 25 each definition.
No Event of Default shall have occurred and be continuing as of the Additional Borrower Effective Date; and (c) Legal Opinions.
Each of the Subsidiary Guarantors is a direct or indirect Subsidiary of TRS and Rayonier (and, upon the occurrence of any Additional Borrower Effective Date, will be a direct or indirect Subsidiary of the Additional Borrower) and acknowledges that it will derive substantial benefit from the making of such Revolving Credit Advances by the Lenders and the issuance of such Letters of Credit by the Issuing Banks.
On the Additional Borrower Effective Date, the undersigned shall deliver the following certificates representing shares of Pledged Stock, together with an undated stock power covering each such certificate, duly executed in blank, and the following Pledged Notes: Dated as of , 200_ By: Name: Title None.
From and after any Additional Borrower Effective Date with respect to an Additional Borrower, maintain Control over such Additional Borrower and take such other action as may be required so that all accounts and financial reports of Rayonier and such Additional Borrowerand, to the extent otherwise required by GAAP, their respective Subsidiaries are consolidated in accordance with GAAP.