Examples of Renewal Effective Date in a sentence
The Administrative Agent and the Borrowers shall promptly confirm to the Lenders such renewal and the Revolving Renewal Effective Date.
The applicable Borrower shall prepay any Committed Loans made to such Borrower outstanding on the Revolving Renewal Effective Date (and pay any additional amounts required pursuant to Section 3.5) to the extent necessary to keep outstanding Committed Loans made to such Borrower ratable with any revised and new Pro Rata Shares of all the Lenders.
Determine the Renewal Effective Date RECEIPT DATERENEWAL DATENote: If the 30th day falls on a Saturday, Sunday, or holiday, the deadline does not extend to the next business day.
The Administrative Agent and the applicable Borrower shall promptly confirm to the Lenders such renewal and the Revolving Renewal Effective Date.
If any payment or benefit Employee would receive pursuant to this Agreement or otherwise on or after the date that is one year following the Renewal Effective Date, including accelerated vesting of any equity compensation (“Payment”) would (i) constitute a “parachute payment” within the meaning of Section 280G of the Code, and (ii) but for this sentence, be subject to the Excise Tax, then such Payment shall be reduced to the Reduced Amount.
The applicable Borrower shall prepay any Committed Loans outstanding on the Revolving Renewal Effective Date (and pay any additional amounts required pursuant to Section 3.5) to the extent necessary to keep outstanding Committed Loans ratable with any revised and new Pro Rata Shares of all the Lenders.
Commencing on the Renewal Effective Date, and continuing through the Termination Date, the Fixed Monthly Rent payable by Tenant for the Existing Premises shall be $[***] per month.
Accordingly, effective as of the Renewal Effective Date, Section II (Extension Option) of Exhibit D to the Original Lease is hereby deleted in its entirety from the Lease, and such Section II shall be of no further force or effect.
Effective as of the Renewal Effective Date (as defined in section 2 below) and during the Term, (i) HH shall cause Employee to be appointed to serve as a director of the Board of Directors of HA and (ii) the Board of Directors of HH shall nominate Employee for election to HH’s Board of Directors and HH shall use its good faith efforts to elect Employee to such position.
Unless MNH and Mutual agree, however, no such notices shall be sent prior to the Renewal Effective Date or Subsequent Renewal Effective Date, as may be applicable.