Examples of Facility Effective Date in a sentence
With respect to a Mandatory Purchase Date that is a Credit Facility Effective Date, the Bond Registrar shall provide notice to the Holders as set forth in Section 3.01(e).
Not less than 15 days prior to the proposed Credit Facility Effective Date (as defined below), which shall be a Credit Modification Date, the Bond Registrar shall give each Holder notice of such Credit Modification Date by first-class mail, postage prepaid, which notice shall be in substantially the form of Exhibit D, appropriately completed; provided, however, that if the proposed Credit Facility Effective Date is also a Conversion Date, the notice provisions of Section 2.04(d) shall apply.
During any Flexible Term Rate Period, the Credit Facility Effective Date must be a day that would otherwise be an Interest Payment Date for all of the Series 2014_ Bonds.
Bonds are subject to mandatory tender for purchase as provided in the Modal Agreement on any Mandatory Purchase Date (i.e., any proposed Conversion Date, any Credit Modification Date, a proposed Credit Facility Effective Date, the first Business Day immediately succeeding the last day of each Flexible Term Rate Period applicable to such Series 2014_ Bond then bearing interest at a Flexible Term Rate and certain dates designated by the Credit Provider or the Board) at the Purchase Price thereof.
During any Daily Rate Period or Weekly Rate Period, the Credit Facility Effective Date may be any Business Day.
On the Effective Date, subject to the terms of the DIP Note Purchase Agreement, each Holder of a DIP Facility Claim shall receive, in full and final satisfaction, settlement, release and discharge of its DIP Facility Claim, its Pro Rata share of (i) Cash in an amount equal to the DIP Facility Effective Date Repayment Amount and (ii) (at each such Holder’s election) the Roll-Over Notes or the loans under the Roll-Over Facility (if any).
The Credit Extension on the Interim Facility Effective Date was made upon the satisfaction of the conditions set forth in the Commitment Letter.
As of the Interim Facility Effective Date, all of the information included in the Beneficial Ownership Certification delivered by the Borrower to the Administrative Agent (or if requested by any Lender, to such Lender) is true and correct.
On and after the Final Facility Effective Date, at the commencement of each Interest Period for any Eurodollar Borrowing of New Money Loans, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 and not less than $2,500,000.
On and after the 2015 Revolving Facility Effective Date, each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring to the Credit Agreement, and each reference in the Notes and each of the other Loan Documents to “the Credit Agreement,” “thereunder,” “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment.