Examples of Repricing Effective Date in a sentence
Notwithstanding anything in any Credit Document to the contrary, as of the 2014 July Repricing Effective Date: (i) FDR Limited, Money Network Financial, LLC and TeleCheck Services, Inc.
The Borrower and the Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted by the Borrower and the Subsidiaries, taken as a whole, on the 2014 July Repricing Effective Date and other business activities incidental or reasonably related to any of the foregoing.
On and after the Repricing Effective Date, all obligations of the Loan Parties under the Original Credit Agreement shall become obligations of the Loan Parties hereunder and the provisions of the Original Credit Agreement shall be superseded by the provisions hereof except for provisions under the Original Credit Agreement that expressly survive the termination thereof.
The Borrower will use the proceeds of the 2018 Term Loans made on the Repricing Effective Date to refinance the Existing Term Loans (as defined in the First Amendment), to pay related Transaction Expenses and for other general corporate purposes.
Simultaneously with the making of the Tranche B1 Euro Term Loans, the French Borrower shall have paid to all the Tranche B Euro Term Lenders all accrued and unpaid interest on the Tranche B Euro Term Loans to the Repricing Effective Date plus any loss or expense pursuant to Section 2.16 of the Credit Agreement.
Accordingly, (i) as of the date hereof, but subject to the satisfaction of the other conditions precedent in Section 3.1 hereof, the Amendment and the Technical Modifications shall become effective, and (ii) upon satisfaction of the other conditions precedent set forth in Section 3.2 hereof, on the US Repricing Effective Date, the US Rate Modification shall become effective.
The Borrower shall give notice to the Administrative Agent of the proposed RC Repricing Effective Date not later than one Business Day prior thereto, and the Administrative Agent shall notify each New RC Lender thereof.
The Loan Parties hereby acknowledge and agree that, through the date hereof, each of the Administrative Agent and the Lenders has acted in good faith and has conducted itself in a commercially reasonable manner in its relationships with the Loan Parties in connection with the Obligations, the Credit Agreement, and the other Loan Documents, and the Loan Parties hereby waive and release any claims to the contrary with respect to the period through the Repricing Effective Date.
For purposes of Section 11.06 of the Credit Agreement, the Borrowers hereby consent to any assignee of the First Amendment Sole Lead Arranger or any of its Affiliates becoming a Lender under the Amended Credit Agreement in connection with the initial syndication of the Assigned Term Loans to the extent the inclusion of such assignee in the syndicate had been disclosed in writing by the First Amendment Sole Lead Arranger to and agreed to by the Borrowers prior to the Repricing Effective Date.
The Administrative Agent shall have received a certificate of each Credit Party, dated the Repricing Effective Date, substantially in the form of Exhibit C to the Credit Agreement, with appropriate insertions and attachments.