Examples of Fifteenth Amendment Closing Date in a sentence
The Term Loan shall be evidenced by one or more secured promissory notes (collectively, the “Term Note”) in substantially the form attached hereto as Exhibit 2.4. On the Fifteenth Amendment Closing Date, Borrowers will execute and deliver to Agent the Fifth Amended and Restated Term Note, in the form attached to the Fifteenth Amendment as Exhibit A.
The prepayment of $10,000,000 of the outstanding principal of the Term Loan on the Fifteenth Amendment Closing Date with the proceeds of the Specified Equity Contribution." "Stock Repurchase Notes.
In connection with the execution and delivery of the Fifteenth Amendment, Borrower shall pay to Foothill a fee equal to $127,000 (the "Fifteenth Amendment Fee") which shall be fully earned and nonrefundable as of the Fifteenth Amendment Closing Date and shall be payable in cash on or before 5:00 p.m. Eastern Time on the second Business Day following the Fifteenth Amendment Closing Date.
Subject to the satisfaction of each of the conditions to this Amendment, and effective as of the second Business Day after the Fifteenth Amendment Closing Date, Foothill hereby consents to (a) the Release Transactions, and (b) the sale of any Real Properties and "Top Eliminator" lanes owned by Borrower and its Affiliates, in accordance with the terms and provisions of the Loan Agreement, as amended herein.
Within ten (10) Business Days following the Fifteenth Amendment Closing Date, Foothill and Borrower shall negotiate and agree on the basic form of Leasehold Mortgage to be used to encumber the Leasehold Mortgage Properties, with such basic form of Leasehold Mortgage to be modified as necessary to comply with the respective laws of the states in which such Leasehold Mortgage Properties are located.
CHI, Xxxxxx Xxxxxx Partners, and their respective Affiliates." "Fifteenth Amendment Closing Date.
Within 30 days of the Fifteenth Amendment Closing Date (or such longer period as the Administrative Agent may agree in its sole discretion), the Borrower and each Guarantor shall deliver to the Administrative Agent additional mortgages, financing statements and other security document as may be necessary to comply with the requirements of Section 8.19(b) of the Credit Agreement as amended by this Fifteenth Amendment.
With respect to each of the Leasehold Mortgage Properties, Borrower shall exert reasonable commercial efforts, or shall cause Borrower's Subsidiary to exert reasonable commercial efforts, (i) to obtain the written consent of the Lessor, and (ii) to deliver to Lender a duly executed Leasehold Mortgage in recordable form, within ninety (90) days following the Fifteenth Amendment Closing Date.
As of the Fifteenth Amendment Closing Date, the Required Lenders and the Borrower agree that the amount of the Borrowing Base shall be reaffirmed at $75,000,000 and such Borrowing Base shall remain in effect until the Borrowing Base is otherwise redetermined or adjusted in accordance with the Credit Agreement.
The contribution of $10,000,000 in cash to the common equity capital of Quantum by Xxxxxx Xxxxxx Holdings upon the consummation of the Xxxxxx Xxxxxx Transaction, which funds shall be immediately applied by the Companies to prepay $10,000,000 of the outstanding principal of the Term Loan on the Fifteenth Amendment Closing Date." "Specified Term Loan Prepayment.