Examples of Initial Bank Purchase Date in a sentence
If the Borrower desires the Lenders (or the Administrative Agent on behalf of the Lenders) to repurchase and hold the Notes following the Initial Bank Purchase Date, it shall make a written request to the Administrative Agent not less than 180 days prior to the Initial Bank Purchase Date indicating such desire.
The 2015A Notes and the 2015B Notes shall be purchased by the Borrower on the Initial Bank Purchase Date and on each other Bank Purchase Date by delivery of the Purchase Price to the Administrative Agent.
Notwithstanding the forgoing and subsection (d) below, the 2015A Notes and the 2015B Notes shall be subject to mandatory tender for purchase by the Borrower on the Initial Bank Purchase Date and on each other Bank Purchase Date.
However, if Lenders do desire to repurchase and hold the Notes following the Initial Bank Purchase Date, the Administrative Agent shall give written notice of such desire (and the terms relating thereto) to the Borrower not less than 90 days prior to the Initial Bank Purchase Date provided that any such repurchase shall be conditioned upon receipt of documentation satisfactory to Lenders and Administrative Agent.