Examples of First Omnibus Amendment Effective Date in a sentence
Thereafter, the r egulatory authority also restrained banks from granting further credit to poten tial borrow- ers with (i) un-serviced facility exceeding a certain amount or (i i) any amount of delinquent facility that was taken over by AMCON.
The Additional Principal Amount of this Note will be disbursed on the First Omnibus Amendment Effective Date to be used in accordance with Section 7.1(l).
On the First Omnibus Amendment Effective Date, Xxxxx Fargo Bank, National Association, purchased and accepted an assignment of all of the rights and obligations of the Administrator, the LC Bank, the sole Purchaser Agent, the sole Related Committed Purchaser and the sole LC Participant under the Existing Agreement, and entered into an Omnibus Amendment No. 1 to the Existing Agreement, the Sale Agreement and the Performance Guaranty (“Omnibus Amendment No. 1”).
As of the First Omnibus Amendment Effective Date, such Originator’s location (as such term is defined in the applicable UCC) is at the address set forth on Schedule II hereto, and such location has not been changed for at least four months before the First Omnibus Amendment Effective Date.
The Purchased Interest shall be initially computed on the First Omnibus Amendment Effective Date.
Subject to the occurrence of the First Omnibus Amendment Effective Date (as hereinafter defined), the Existing Credit Agreement (including the Exhibits and Schedules thereto) is hereby amended in its entirety in the form of Exhibit A attached hereto.
The Administrator shall not have any duty or responsibility, either initially or on a continuing basis, to provide any Purchaser or Purchaser Agent with any credit or other information with respect to the Seller, any Originator, Xxxxxx Tire or their Affiliates, whether coming into its possession before the First Omnibus Amendment Effective Date or at any time or times thereafter.
From and after the First Omnibus Amendment Effective Date, all references to the Credit Agreement or the Security Agreement in any Loan Document and all references in the Credit Agreement or the Security Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring to the Credit Agreement and/or the Security Agreement shall, unless expressly provided otherwise, be deemed to refer to the Amended Credit Agreement and/or the Security Agreement as amended hereby, respectively.
From and after the later of the First Omnibus Amendment Effective Date and the date that the Additional Originator has complied with all of the requirements of Section 4.3 of the Purchase and Sale Agreement, the Additional Originator shall be an Originator for all purposes of the Purchase and Sale Agreement and all other Transaction Documents.
The Administrative Agent shall have received a written opinion in form and substance customary for transactions similar to this transaction (addressed to the Administrative Agent and the Lenders dated the First Omnibus Amendment Effective Date) from (1) Winston & Xxxxxx LLP, New York, California and Delaware counsel for the Loan Parties (2) Xxxxx & Xxxxxx L.L.P., Colorado counsel for the Loan Parties and (3) Helsell Xxxxxxxxx LLP, Washington counsel for the Loan Parties.