Third Amendment and Restatement Effective Date definition
Examples of Third Amendment and Restatement Effective Date in a sentence
Any action taken by any party on or prior to the Third Amendment and Restatement Effective Date as expressly required by the 2009 Restructuring shall not, in and of itself, be deemed to cause a Termination Event.
As of the Third Amendment and Restatement Effective Date, the Borrower and the Subsidiary Guarantors will have no Liens existing on any Collateral then owned by them other than (i) Liens evidenced by this Agreement, (ii) Permitted Liens, including the Liens set forth on Schedule 7.02 hereto and (iii) Liens in respect of Indebtedness outstanding under the ABL Facility.
Except with respect to the 2009 Restructuring and solely to the extent effectuated prior to the Third Amendment and Restatement Effective Date, neither CS Funding VII, the Seller nor any REO Asset Owner will amend, modify, waive or terminate any provision of its operating agreement or the Sale Agreement without the prior written consent of the Administrative Agent.
As of the close of business on the Third Amendment and Restatement Effective Date, neither the Borrower nor any of its Subsidiaries owns any interest in any Subsidiary which is not a Restricted Subsidiary (except as set forth in Schedule 1.01B).
Schedule 1.01B hereto sets forth a correct and complete list, as of the close of business on the Third Amendment and Restatement Effective Date, of each Subsidiary of the Borrower, its outstanding Equity Interests, each owner thereof and the percentage thereof owned by such owner.