Examples of Springing Date in a sentence
Subject to the final paragraph of this Schedule IV, delivery on the JV Closing Date of such documents as may be required to effect on the Springing Date, such filings, recordings, registrations and other actions in each applicable jurisdiction necessary or advisable to perfect the liens created by the JV Facility Security Documents; provided that perfection of the security interests on the JV Closing Date shall not constitute a condition precedent to the JV Closing Date.
Following the Springing Date, the Administrative Agent, for itself and behalf of the Lenders, shall execute, acknowledge and deliver to International Paper (at International Paper’s expense) such releases, instruments or other documents and do or cause to be done all other acts, as International Paper shall reasonably request to evidence such release, discharge and termination.
From and after the JV Closing Date until the Springing Date: GPI’s obligations as successor borrower under the Initial Facility will be fully and unconditionally guaranteed (the “IP Guarantee”) by International Paper.
AdministrationThe Client designates [insert name] asClient’s Coordinator; the Coordinator will be responsible for the coordination of activities under this Contract, for acceptance and approval of the reports and of other deliverables by the Client and for receiving and approving invoices for payment.B. Reports.
A senior secured first-lien term loan facility in an aggregate principal amount equal to the lesser of (x) $660,000,000 and (y) the aggregate principal amount of the Initial Term Loans immediately prior to the Springing Date (the “JV Facility” and the term loans thereunder, the “JV Term Loans”).