Examples of Existing Agreement Closing Date in a sentence
Upon and after the Existing Agreement Closing Date, General Partner does not propose to engage in any business other than its ownership of Borrower and matters incidental thereto.
Borrower shall not permit any of its Domestic Subsidiaries existing as of the Existing Agreement Closing Date, or permit any Subsidiary created or acquired after the Existing Agreement Closing Date, to be or become a Foreign Subsidiary without the prior written consent of Agent and Required Lenders.
Except as provided in Section 4.21(b), contemporaneously with the creation or acquisition of any Subsidiary after the Existing Agreement Closing Date, Borrower agrees that it shall cause such Subsidiary to guarantee the payment and performance of the Obligations and grant to Agent for its benefit and for the ratable benefit of each Lender a continuing security interest and Lien in and to all of its property as security for the payment and performance of the Obligations.
If any determination hereunder is required by the terms hereof to be made for a period of four consecutive Fiscal Quarters at a time when fewer than four full Fiscal Quarters have elapsed since the Existing Agreement Closing Date, such determination shall be made for the period of twelve months then most recently ended; provided that such determination shall be made subject to the last sentence of the definition of Consolidated EBITDA.
Borrower represents and warrants to Agent and Lenders that Borrower applied the proceeds of all Advances previously made on the Existing Agreement Closing Date in accordance with the requirements of Section 2.15 of the Existing Agreement.