Examples of First Amended and Restated Effective Date in a sentence
All Exit Fees paid to the Agent shall be promptly distributed to the Lenders on a pro rata basis based on the amount of the Existing Obligations and the First Amended and Restated Effective Date Advance funded by such Lender.
In the event of insolvency, offsets will be allowed in accordance with the statutory, common and case laws of the state, territory or country, as applicable, taking jurisdiction over the insolvency, as such laws exist as of the First Amended and Restated Effective Date of this Agreement.
Notwithstanding anything else to the contrary provided herein, as long as no Event of Default under Sections 9.1, 9.4 or 9.5 is continuing, no Lender (including, without limitation, the First Amended and Restated Effective Date Lenders) shall be permitted to assign any Advances or Subsequent Advance Commitments (and/or the right to issue Subsequent Advance Commitments hereunder) to any Disqualified Person, Non-Funding Lender or an Impacted Lender.
From and after the First Amended and Restated Effective Date, and notwithstanding anything to the contrary in the Credit Agreement, the Borrower (i) shall not be permitted to request the Lenders to advance a Borrowing of Eurodollar Loans, (ii) shall only be permitted to request the Lenders to advance a Borrowing of Base Rate Loans and (iii) shall not be able to elect to change or continue the type of interest rate borne by each Borrowing or, subject to Section 2.6 hereof, a portion thereof.
All Eurodollar Loans outstanding on the First Amended and Restated Effective Date (whether such Loan is a Term Loan, Revolving Loan, or Swing Loan) shall be automatically converted to Base Rate Loans on the First Amended and Restated Effective Date.
Risk sharing: In every Islamic banking transaction, the Islamic financial institution and/or its deposit holder take(s) the risk of ownership of the tangible asset, real services or capital before earning any profit there from.
Borrower shall pay to the Lenders the following fees: On the First Amended and Restated Effective Date, a facility fee (the “Facility Fee”) equal to $150,000.00 shall be earned in its entirety and paid in cash to the Agent (and shall be nonrefundable upon payment), which Facility Fee shall be distributed by the Agent on the First Amended and Restated Effective Date to the First Amended and Restated Effective Date Lenders pro rata in proportion to the Commitments then in effect.
Landlord shall perform all the work to be performed by Landlord pursuant to Exhibit B to this Lease substantially completed.
Each Lender’s First Amended and Restated Effective Date Advance Commitment shall terminate immediately upon such Lender funding its First Amended and Restated Effective Date Advance.
Schedule 5.26(a) to the Information Certificate sets forth all Real Property owned by any of the Loan Parties as of the First Amended and Restated Effective Date.