Forbearance Effective Date definition

Forbearance Effective Date has the meaning assigned to such term in Forbearance Agreement.

Forbearance Effective Date shall have the meaning set forth in the Forbearance Agreement and First Amendment.

Forbearance Effective Date has the meaning given to such term in Section 4 hereof.

Examples of Forbearance Effective Date in a sentence

• The execution and delivery of this Agreement by any Lender prior to the Forbearance Effective Date shall be binding upon its successors and assigns and shall be effective as to any Loans or Commitments assigned to it after such execution and delivery.

• Each Loan Party acknowledges, ratifies and reaffirms all of the terms and provisions of the Loan Documents (including, without limitation, the Financing Agreement), except as modified herein, which are incorporated by reference as of the Forbearance Effective Date as if set forth herein including, without limitation, all promises, agreements, warranties, representations, covenants, releases and indemnifications contained therein.

• In furtherance of the foregoing, and notwithstanding the occurrence of the Forbearance Effective Date, each Loan Party acknowledges and confirms that, subject to the Forbearance, all rights and remedies of the Administrative Agent and the Lenders under the Loan Documents and applicable law with respect to the Borrower or any other Loan Party shall continue to be available to the Administrative Agent and the Lenders.

• Each Loan Party acknowledges and agrees that all such Liens granted by such Loan Party continue to secure the Secured Obligations notwithstanding the occurrence of the Forbearance Effective Date.

• The representations and warranties in Section 3.1 shall survive the execution and delivery of this Agreement and the Forbearance Effective Date.

More Definitions of Forbearance Effective Date

Forbearance Effective Date means the date on which each of the conditions to the effectiveness of this Agreement specified in Section 3 of this Agreement is satisfied.

Forbearance Effective Date means the first date on which the conditions precedent specified in Section 5 of this Agreement shall have been satisfied or the satisfaction thereof shall have been waived in accordance with the terms hereof.

Forbearance Effective Date means February 27, 2017.

Forbearance Effective Date means, subject to satisfaction of the conditions set forth in Section 4 hereof, the date hereof.

Forbearance Effective Date has the meaning provided in Section 17.

Forbearance Effective Date means the date on which all of the conditions precedent set forth in Section 6 hereof (each of which (other than Section 7(a) and Section 7(b); provided, that the payment condition set forth in Section 7(b) may be extended by the Administrative Agent in its sole discretion) may be waived by the Required Lenders in their sole discretion) have been met to the satisfaction of the Required Lenders.

Forbearance Effective Date means the date on which all conditions precedent set forth in Section 18 shall have been met or waived by the Agent, in either case as determined by the Agent in its sole discretion.