Examples of Seventh Amendment Effective Date in a sentence
On the Seventh Amendment Effective Date, the Commitments shall be permanently reduced in accordance with Section 2.09 (without regard to any required minimum reduction amounts thereunder) to an amount equal to the Net Seventh Amendment Outstandings.
Notwithstanding anything to the contrary herein, no Lender shall have any obligation to make any Loans from and after the Seventh Amendment Effective Date.
In consideration of amendments and limited consent requested by the Borrower in Amendment Number Seven, an additional 2024 Term Loan in an aggregate principal amount of the July PIK Fee Amount shall be deemed to have been made on the Seventh Amendment Effective Date, on a pro rata basis, to the Lenders holding Term Loans hereunder immediately prior to the Seventh Amendment Effective Date.
Prior to the Seventh Amendment Effective Date, the Lenders made Revolving Loans to the Borrowers which remain outstanding on the Seventh Amendment Effective Date with an aggregate principal amount (after giving effect to any prepayment made on the Seventh Amendment Effective Date) equal to $747,786,980.31 (the “Net Seventh Amendment Outstandings”).
Upon and after the Seventh Amendment Effective Date, the Loan Parties do not propose to engage in any business other than as permitted pursuant to Section 7.9 hereof.