Examples of Incremental Increase Effective Date in a sentence
The Administrative Agent shall promptly notify the Borrower and the Incremental Lenders of the final allocation of such Incremental Increase (limited in the case of the Incremental Lenders to their own respective allocations thereof) and the Incremental Increase Effective Date.
Agents shall promptly notify Borrower and the Incremental Lenders of the final allocation of the Incremental Increases and the Incremental Increase Effective Date.
On (a) the Closing Date, (b) the Incremental Increase Effective Date and (c) the date upon the consummation of any Permitted Disposition located in a Core State, in each case, the greater of (i) cost basis or (ii) appraised value of the Real Property deemed Collateral under the Loan Documents shall at all times (including with respect to the Incremental Increase on a pro forma basis) be equal to or greater than the Outstanding Amount.
Any Mortgage Loan Lender may request a Mortgage Loan Note or a revised Mortgage Loan Note upon the funding of any Mortgage Loans on the Incremental Increase Effective Date in respect of a Mortgage Loan Increase.