Third LMA Effective Date definition

Third LMA Effective Date is November 29, 2012." 13 The Loan Agreement shall be amended by deleting the following definitions appearing in Section 13.1 thereof:
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Third LMA Effective Date is March 22, 2021.” ​
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Third LMA Effective Date is January 12, 2023.” 10 The Loan Agreement shall be amended by deleting the following definitions, appearing in Section 13.1 thereof: ““AeroClean Acquisition” means the acquisition by AeroClean Technologies, Inc. of one hundred percent (100.0%) of the equity securities of Borrower.”
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Examples of Third LMA Effective Date in a sentence

  • Maintain at all times, to be tested as of any day prior to the Third LMA Effective Date, unrestricted and unencumbered cash and Cash Equivalents maintained with Bank of at least Two Million Five Hundred Thousand Dollars ($2,500,000.00).

  • For each one (1) year anniversary of the Third LMA Effective Date occurring prior to the Revolving Line Maturity Date, Borrower shall pay to Bank a fully earned, non-refundable anniversary fee of Twenty Thousand Dollars ($20,000.00) (each, an “Anniversary Fee” and, collectively, the “Anniversary Fees”).

  • Notwithstanding the foregoing, on and after the Third LMA Effective Date, Borrower must maintain at all times unrestricted and unencumbered cash with Bank of at least Ten Million Dollars ($10,000,000.00).

  • Notwithstanding the foregoing, as of the Third LMA Effective Date and thereafter, except with respect to the Excepted Advance, no Advance will be made hereunder until such time as when Borrower is subject to being required to comply with Section 6.7 of this Agreement.

  • Borrower shall also reimburse Bank for all documented legal fees and out-of-pocket filing and search expenses reasonably incurred by Bank in connection with this amendment to the Existing Loan Documents, which fees (exclusive of expenses), together with the fees (exclusive of out-of-pocket filing and search expenses) for documentation and negotiation of the Mezzanine Loan Agreement, will not exceed Seventy-Five Thousand Dollars ($75,000.00) as of the Third LMA Effective Date.