Second Effective Date definition

Second Effective Date means the earliest date on which the Holders of all Securities then Outstanding shall have consented (or shall be deemed to have consented) to the amendment of this Mortgage substantially in the form that the Mortgage shall have become effective on the First Effective Date with such changes thereafter as are permitted by the terms hereof; provided, however, that the Holders of all Securities issued after the First Effective Date shall automatically be deemed to have so consented.
Second Effective Date has the meaning given to the termEffective Date” in the Second Amendment Agreement.

Examples of Second Effective Date in a sentence

  • The revenues received by NEPOOL pursuant to Schedules 2-7 to the Tariff shall be distributed prior to the Second Effective Date in accordance with the continuing provisions of the Prior NEPOOL Agreement and the rules adopted thereunder, and shall be distributed on or after the Second Effective Date in accordance with Section 14.

  • Consent in the form attached as Exhibit I, and Xxxxx Fargo agree that the Existing Progress Parent LC Facility shall be terminated in its entirety on the Second Effective Date in accordance with the terms thereof.

  • Consent in the form attached as Exhibit I, and each of the Lenders that is also a “Lender” party to any of the Existing Progress Credit Agreements (which Lenders constitute the “Majority Lenders” (as defined in each of the Existing Progress Credit Agreements) agree that the “Commitments” (as defined in each of the Existing Progress Credit Agreements) under each of the Existing Progress Credit Agreements shall be terminated in their entirety on the Second Effective Date in accordance with the terms thereof.

  • Until the Second Effective Date, each Participant shall also install, maintain and operate such Automatic Generation Control equipment as the Participants Committee may determine to be required in order to maintain proper frequency for the interconnected bulk power system of the Participants and to maintain proper power flows into and out of the NEPOOL Control Area.

  • The Administrative Agent shall promptly notify the Company and the Lenders of the Second Effective Date, and such notice shall be conclusive and binding on all parties hereto.


More Definitions of Second Effective Date

Second Effective Date means the date on which the Delayed Additional Commitments become effective pursuant to Section 3.02.
Second Effective Date means 13th November, 1997;
Second Effective Date means December 31, 1998.
Second Effective Date means the date on which the Agent (acting on the instructions of the Lenders) confirms to the Borrower in writing substantially in the form set out in Schedule 3 (Second Effective Date Confirmation) that all of the conditions referred to in Clause 2.2 (Conditions) have been satisfied, which confirmation the Agent shall be under no obligation to give if an Event of Default shall have occurred and be continuing; and
Second Effective Date means the date on which the Agent confirms to the Lenders and the Company that it has received each of the documents listed in Schedule 1(A) (Conditions Precedent to Second Effective Date) in a form and substance satisfactory to the Agent.
Second Effective Date means the “Second Effective Date”, as such term is defined in the First Amendment.
Second Effective Date means 13 November 1997;