Loan Increase Date definition

Loan Increase Date means, (i) with respect to the Warehouse SUBI Assets allocated to the Warehouse SUBI on the Initial Loan Date, the Initial Loan Date, and (ii) with respect to any subsequent Loan, the date on which such Loan is made pursuant to Section 2.01(b) and 5.02.

Loan Increase Date means, (i) with respect to the Warehouse SUBI Assets allocated to the Warehouse SUBI on the Initial Loan Date, the Initial Loan Date, and (ii) with respect to any subsequent Loan, the date on which such Loan is made pursuant to Section 2.01(b) and Section 5.02.

Loan Increase Date means, (i) with respect to the Warehouse SUBI Assets allocated to the Warehouse SUBI on the Initial Loan Date, the Initial Loan Date, and (ii) with respect to any subsequent Loan, the date on which such Loan is made pursuant to Section 2.01(b) and 5.02; provided, however, that only one Loan Increase Date may occur after the Effective Date unless consented to in writing by of all of the Group Agents.

Examples of Loan Increase Date in a sentence

• Immediately prior to the funding of the new Loans on the Term Loan Increase Date, the Administrative Agent shall amend Schedule 1.01(b) to reflect the aggregate amount of each Lender’s Loans (including increasing Lenders and Assuming Lenders).

• The waivers and releases in this Agreement survive any termination or expiration of this Agreement.

• Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower on the Effective Date in an amount equal to the amount specified opposite such Lender’s name on Schedule 1.01(b) and, in the case of any Assuming Lender or Increasing Lender, on any Term Loan Increase Date in an amount equal to the amount specified opposite such Lender’s name on Schedule 1.01(b) (as amended pursuant to Section 2.06).

• Each of the Lenders hereby authorizes the Administrative Agent to revise Schedule 2.1 on each Term Loan Increase Date to reflect such increase without an amendment to this Agreement.

• Subject to the terms and conditions set forth herein, each Term Loan Lender agrees to make Term Loans (each such term loan being herein called a “Term Loan”) to the Borrower in the full amount of its Term Loan Commitment; provided that Borrowings of Term Loans may only be made (A) at the Effective Time on satisfaction (or waiver in accordance with Section 11.2) of the conditions in Sections 5.1 and 5.2 and (B) on a Term Loan Increase Date pursuant to a Term Loan Increase.

• Responsible Officer of the Borrower (x) certifying and attaching the resolutions adopted by the Borrower approving or consenting to such increase, and (y) certifying that each of the conditions set forth in this Section 2.9(e) have been met as of the Incremental Loan Increase Date.

• Subject to the Paying Agent’s receipt of such funds, the Paying Agent will not later than 4:00 p.m., New York City time, on such Loan Increase Date make such funds available, in the same type of funds received, by wire transfer thereof to the account specified in writing by the Borrower.

• Subject to receiving such notice, the related Committed Lender shall advance a portion of the Loan in an amount equal to the amount described in clause (ii) above, at or before 2:00 p.m., New York City time, on such Loan Increase Date and otherwise in accordance with this Section 2.01.

• The Borrower hereby requests that the Lenders make Loans on [__________] in the aggregate principal amount of $[_________] [if the Loan Increase Date is a Warehouse SUBI Lease Allocation Date, insert: and that a proposed allocation be made to the Warehouse SUBI of Leases and related Leased Vehicles with an aggregate Securitization Value of $[__________] as of the applicable Cut-Off Date].

• The Borrower hereby certifies that each of the conditions precedent to the Loan Increase herein contemplated set forth in Sections 2.01(b) and 5.02 of the Agreement shall be satisfied as of the Loan Increase Date.