Examples of Amendment No. 4 Effective Date in a sentence
Effective as of the Amendment No. 4 Effective Date (as defined below), the First Lien Credit Agreement is hereby amended and restated in its entirety in the form attached as Annex A hereto (the “Amended Credit Agreement”), including the Schedules attached hereto as Annex B.
The Borrower shall prepay in full the outstanding principal amount of any Revolving Loans outstanding immediately prior to the Amendment No. 4 Effective Date, together with all accrued and unpaid interest thereon and all accrued and unpaid fees in respect of the 2021 Revolving Commitments and Letters of Credit outstanding immediately prior to the Amendment No. 4 Effective Date.
On and after the Amendment No. 4 Effective Date, the Term B-2 Loans (whether issued for cash or in exchange for Term B-1 Loans) will be treated as a single tranche of indebtedness for U.S. federal income tax purposes.
Any Letters of Credit outstanding immediately prior to the Amendment No. 4 Effective Date shall be deemed to be issued under the 2024 Revolving Commitments.
On the Amendment No. 4 Effective Date, the 2024 Revolving Commitments will replace the 2021 Revolving Commitments, which shall be deemed to be terminated in full.