Examples of Additional Term Loan Effective Date in a sentence
Any Additional Term Loan Commitments shall terminate upon funding such Loans on the applicable Additional Term Loan Effective Date.
The Borrower, by providing an Increase Notification, may request that additional Term Loans be made on the Additional Term Loan Effective Date pursuant to such increase in the Term Loan Commitment (each such additional Term Loan, an "Additional Term Loan, and collectively, the "Additional Term Loans").
In the event the Borrower desires to exercise the above-described option, the Borrower shall deliver to the Administrative Agent an Increase Notification pursuant to which the Borrower may request that additional Term Loans be made on the Additional Term Loan Effective Date pursuant to such increase in the Term Loan Commitment (each such additional Term Loan, an "Additional Term Loan", and collectively, the "Additional Term Loans").
The Borrower, by providing an Increase Notification, may request that additional Term Loans be made on the applicable Additional Term Loan Effective Date pursuant to such increase in the Term Loan Commitment (each such additional Term Loan, an "Additional Term Loan, and collectively, the "Additional Term Loans").
Each Person that executes a signature page to this Joinder as an Additional Term Lender hereby acknowledges that it is, from and after the Additional Term Loan Effective Date, an “Additional Term Lender” for all purposes under the Credit Agreement and has all of the rights and obligations of an Additional Term Lender under the Credit Agreement as amended hereby.
If the Additional Term Loans are provided in accordance with this Section 2.14, the Administrative Agent and the Borrowers shall determine the effective date (each, an "Additional Term Loan Effective Date") and the final allocation of such Additional Term Loans.
Subject to the terms and conditions set forth in the Credit Agreement, each Increase Lender severally agrees to make a Second Additional Term Loan to the Borrowers on a joint and several basis on the Second Additional Term Loan Effective Date (which date shall be the same as the Third Amendment Effective Date).
On or before the Additional Term Loan Effective Date, the Accepting Lender shall pay to the Administrative Agent an administrative fee in the amount of $3,500.00 (unless otherwise agreed by the Administrative Agent).
Second Additional Term Loan Effective Date: March , 2005 (the “Second Additional Term Loan Effective Date”).
The First Additional Term Loans shall be funded on the First Additional Term Loan Effective Date by each Lender with a Term Loan Commitment in a principal amount equal to such Lender’s Term Loan Percentage of the aggregate principal amount of the First Additional Term Loans, which aggregate principal amount shall equal the total Term Loan Commitment as of the First Additional Term Loan Effective Date.