Second Incremental Amendment Closing Date definition

Second Incremental Amendment Closing Date means the date the conditions to effectiveness set forth in the Second Incremental Amendment are satisfied.
View Source
Second Incremental Amendment Closing Date as used herein shall mean (x) with respect to the Term B-2 Loans, the date that clause (1) above is satisfied and (y) with respect to the Tranche A Revolving Commitments, the date that clause (2) above is satisfied. For the avoidance of doubt, (x) no consent of the Revolving Credit Lenders or the Additional Revolving Lenders shall be required in connection with the amendments to effectuate the new Term B-2 Loans and (y) no consent of the Term B-2 Lenders shall be required in connection with the amendments to effectuate the Tranche A Revolving Commitments.
View Source

Examples of Second Incremental Amendment Closing Date in a sentence

  • The Term B-2 Commitment of each Term B-2 Lender shall be automatically and permanently reduced to $0 on the Second Incremental Amendment Closing Date.

  • Simultaneously with effectiveness, (i) the Revolving Credit Lenders under the Existing Credit Agreement shall have been paid all accrued fees on their Revolving Credit Commitments to, but not including, the Second Incremental Amendment Closing Date and (ii) the Revolving Credit Lenders under the Existing Credit Agreement shall have been paid all accrued and unpaid interest on their outstanding Revolving Credit Loans to, but not including, the Second Incremental Amendment Closing Date.

  • Each Revolving Credit Lender that executes and delivers a Consent agrees that to the extent its Revolving Credit Loans under the Credit Agreement are being repaid on the Second Incremental Amendment Closing Date it waives any amounts it may be entitled to under Section 3.05 of the Credit Agreement in connection with such repayment.

  • All Letters of Credit outstanding under the Revolving Credit Commitments immediately prior to the Second Incremental Amendment Closing Date shall be deemed to be Letters of Credit issued under the Tranche A Revolving Commitments.

  • Subject to the terms and conditions set forth herein, each Initial Term B-2 Lender severally made a Term B-2 Loan to the Borrower on the Second Incremental Amendment Closing Date in an aggregate principal amount equal to such Initial Term B-2 Lender's Term B-2 Commitment.