Examples of Fifth Amendment Effective Date in a sentence
By executing this Lender Addendum as a Continuing Initial Term Lender, the undersigned institution agrees (A) to the terms of the Fifth Amendment and the Amended Credit Agreement and (B) on the terms and subject to the conditions set forth in the Fifth Amendment and the Amended Credit Agreement, to continue all of its Existing Initial Term Loans (or such lesser amount as the Arranger may allocate) as Continued Initial Term Loans on the Fifth Amendment Effective Date.
The undersigned institution hereby makes the election to convert all of its Existing Fourth Amendment Term Loans as set forth in the Register (as defined in the Existing Credit Agreement) as of the Fifth Amendment Effective Date (or such lesser amount as the Arranger may allocate prior to the Fifth Amendment Effective Date) into Continued Fourth Amendment Term Loans pursuant to a cashless conversion on the Fifth Amendment Effective Date pursuant to procedures specified by the Administrative Agent.
Effective as of the Fifth Amendment Effective Date, the Existing Credit Agreement is hereby amended and restated in its entirety to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the conformed copy of the Credit Agreement attached as Annex B hereto (the “Amended Credit Agreement”).
The undersigned institution hereby makes the election to convert all of its Existing Initial Term Loans as set forth in the Register (as defined in the Existing Credit Agreement) as of the Fifth Amendment Effective Date (or such lesser amount as the Arranger may allocate prior to the Fifth Amendment Effective Date) into Continued Initial Term Loans pursuant to a cashless conversion on the Fifth Amendment Effective Date pursuant to procedures specified by the Administrative Agent.
The Additional Initial Term Commitments of the Additional Initial Term Lenders will be automatically and permanently reduced to $0 upon the funding of the Additional Initial Term Loans on the Fifth Amendment Effective Date.