Examples of ARCA Effective Date in a sentence
All Letters of Credit outstanding under the Fifth ARCA on the Sixth ARCA Effective Date shall remain outstanding hereunder on the terms set forth herein.
Immediately after the consummation of the Transactions to occur on the ARCA Effective Date, each Loan Party will be Solvent.
The information set forth therein is correct and complete as of the ARCA Effective Date.
After the ARCA Effective Date, no Collateral owned by such Lien Grantor will be in the possession or under the Control of any other Person having a claim thereto or security interest therein, other than a Permitted Lien.
On the ARCA Effective Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Applicable Agent as Collateral hereunder all certificates representing Pledged Certificated Securities then owned by such Lien Grantor (to the extent not already delivered).
On the ARCA Effective Date, the Existing Security Agreement shall be amended and restated in its entirety by this Agreement, and the Existing Security Agreement shall thereafter be and shall be deemed replaced and superseded in all respects by this Agreement.
On the ARCA Effective Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will enter into (and cause the relevant issuer to enter into) an Issuer Control Agreement in respect of each Pledged Uncertificated Security then owned by such Lien Grantor and deliver such Issuer Control Agreement to the Applicable Agent (which shall enter into the same).
On the ARCA Effective Date, the Existing Credit Agreement will be automatically amended and restated in its entirety to read as set forth herein.
No Group Member will engage at any time in any business or business activity other than any business or business activity conducted by such Group Member on the ARCA Effective Date and any business or business activities incidental or related thereto, or any business or business activity that is reasonably similar thereto or a reasonable extension, development or expansion thereof or ancillary thereto.
The Agent shall notify the Borrower and the Lenders of the ARCA Effective Date, and such notice shall be conclusive and binding.