Replacement Facilities Effective Date definition
Examples of Replacement Facilities Effective Date in a sentence
Each Replacement Term A Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make to the Company on the Replacement Facilities Effective Date, a loan in a single draw denominated in Dollars in an aggregate amount not to exceed the amount of such Replacement Term A Lender’s Replacement Term A Commitment.
It is intended that the Replacement Facilities will be implemented hereunder prior to the Acquisition Closing Date by means of the Replacement Facilities Effective Date Documentation.
The Administrative Agent shall notify the Company, the Revolving Credit Lenders and the Replacement Term A Lenders that the conditions in this Section 4.2 have been satisfied (or waived) and of the Replacement Facilities Effective Date in writing on the date thereof, and such notice shall be conclusive and binding.
This Amendment shall become effective on the Replacement Facilities Effective Date, which shall be the first date on which (a) this Amendment is duly executed and delivered by the Borrowers, the Guarantors, the Lenders listed on Annex II hereof, the Required Lenders (as defined in the Original Credit Agreement) and the Administrative Agent and (b) all conditions precedent set forth in Section 4.2 of the Credit Agreement are satisfied or waived in accordance with Section 8.2 of the Credit Agreement.
The Required Lenders (as defined in the Credit Agreement) hereby waive the prior notice and minimum amount requirements in respect of the borrowings of Loans set forth in Sections 2.3 and 4.2(d) of the Credit Agreement solely in respect of the borrowings on the Replacement Facilities Effective Date.
Subject to Section 17.5, on and after the earlier of the Replacement Facilities Effective Date and the Acquisition Closing Date, unless the Required Lenders shall otherwise consent in writing (provided that prior to the Domination Agreement Effective Date such covenants shall not apply to the Target or its Subsidiaries): 6 .