Second Amendment and Restatement Date definition
Examples of Second Amendment and Restatement Date in a sentence
As of the Second Amendment and Restatement Date, Facility #2 is fully drawn in the aggregate principal amount of US$11,900,000 by operation of Section 26 and no further advances will be available under Facility #2.
As of the Second Amendment and Restatement Date, Facility #1 is fully drawn in the aggregate principal amount of US$8,500,000 by operation of Section 26 and no further advances will be available under Facility #1.
On the Second Amendment and Restatement Date, the terms and provisions of the Existing 2025 Facility Agreement shall be and are hereby amended, superseded and restated in its entirety by the terms and provisions of this Agreement.
This Agreement is not intended to and shall not constitute a novation, payment and reborrowing or termination of the Obligations under the Existing 2025 Facility Agreement and the other Finance Documents as in effect prior to the Second Amendment and Restatement Date.
All Advances (as defined in the Existing 2025 Facility Agreement) made and Obligations incurred under the Existing 2025 Facility Agreement which are outstanding on the Second Amendment and Restatement Date shall continue as Advances and Obligations under (and shall be governed by the terms of) this Agreement and the other Finance Documents.