Examples of Covance Closing Date in a sentence
Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single Loan to the Borrower in Dollars in an amount specified by the Borrower in accordance with Section 2.02 and not to exceed its Commitment in a single drawing on the Covance Closing Date; provided that if for any reason the full amount of such Xxxxxx’s Commitment is not fully drawn on the Covance Closing Date, the undrawn portion thereof shall automatically be cancelled thereon.
Receipt by the Administrative Agent, the Joint Lead Arrangers and the Lenders of any fees required to be paid on or before the Covance Closing Date.
Within five (5) Business Days after the receipt, on or after the Covance Closing Date, of Net Cash Proceeds of any Prepayment Event, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of such Net Cash Proceeds.
The Borrower agrees to pay to the Administrative Agent, for the ratable benefit of the Lenders, a delayed commitment fee (the “Delayed Commitment Fee”) in an amount equal to 0.25% of the aggregate principal amount of the Loans outstanding on the date that is 30 days after the Covance Closing Date, due and payable in cash on such 30th day (or if such day is not a Business Day, the next Business Day).
Permit the Leverage Ratio on the last day of any period of four consecutive fiscal quarters, in each case taken as one accounting period, to be greater than (i) prior to the Covance Closing Date, 3.75 to 1.00 and (ii) from the Covance Closing Date, 4.75:1.00.