Increase Effective Date definition

Increase Effective Date has the meaning specified in Section 2.14(d).
Increase Effective Date shall have the meaning assigned to such term in Section 2.20(a).
Increase Effective Date means as provided in Section 2.16(c).

Examples of Increase Effective Date in a sentence

  • The Administrative Agent shall determine the effective date of any Facility Increase (the “Increase Effective Date”) which (unless otherwise agreed in writing by the Administrative Agent) shall be no less than ten (10) Business Days after receipt of a Facility Increase Request and shall notify the Borrower Parties and the Lenders of the Increase Effective Date.

  • The Borrowers shall prepay any Committed Loans outstanding on the Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Committed Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Aggregate Total Commitments under this Section.


More Definitions of Increase Effective Date

Increase Effective Date is defined in Section 2.19.
Increase Effective Date is defined in Section 2.3(c).
Increase Effective Date has the meaning assigned thereto in Section 5.13(c).
Increase Effective Date has the meaning specified in Section 2.13(d). “Increasing Lender” has the meaning specified in Section 2.13(d). “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments or incurred in connection with bankers’ acceptances, including obligations so evidenced incurred in connection with the acquisition of property, assets or businesses; (b) all direct or contingent obligations of such Person arising under letters of credit (including standby and commercial), bank guaranties, surety bonds and similar instruments; (c) net obligations of such Person under any Swap Contract; (d) all obligations of such Person to pay the deferred purchase price of property or services (other than (i) any earn out obligation or purchase price adjustment until such obligation (A) becomes a liability on the statement of financial position or balance sheet (excluding the footnotes thereto) in accordance with GAAP and (B) has not been paid within 30 days after becoming due and payable, (ii) trade accounts payable and accrued expenses, including reinsurance payables, in the ordinary course of business and (iii) accrued pension costs, employee benefits and post-retirement healthcare obligations); (e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; (f) the principal amount of Capitalized Lease Liabilities and purchase money indebtedness; (g) Synthetic Lease Obligations; (h) obligations in respect of Redeemable Stock of such Person; (i) Receivables Facility Attributed Indebtedness; and (j) all Contingent Obligations of such Person in respect of any of the foregoing. For all purposes hereof, the Indebtedness of any Person shall include all recourse Indebtedness of any partnership, joint venture or limited liability company in which such Person is a general partner, a joint venturer or a member and for which such Person has liability. The amount of any net obligation under any Swap Contract on any date shall be deemed to be the Swap Term...
Increase Effective Date has the meaning given to that term in Section 2.1(c)(iv).
Increase Effective Date shall have the meaning set forth in Section 2.5(a) hereof.
Increase Effective Date has the meaning set forth in Section 2.9.2 of this Agreement.