Third Supplemental Effective Date definition

Third Supplemental Effective Date mean June 7, 2019.

Third Supplemental Effective Date means the "Effective Date" as set out in the Third Supplemental (as such term is defined in the definition of "Supplemental Agreements"). 1.111. "Total Loss" means, in relation to any Vessel, an actual, constructive, arranged, agreed or compromised total loss of that Vessel or the requisition for title or compulsory acquisition of that Vessel by or on behalf of any government or other authority (other than by way of requisition for hire) or capture of that Vessel, provided that the requisition for title, compulsory acquisition or capture of any Vessel shall not be a Total Loss if (a) that Vessel is restored to the possession of the relevant Borrower within thirty (30) days of her requisition, acquisition or capture and (b) the security conferred on the Security Trustee by the Mortgage relating to that Vessel is either not prejudiced by the requisition, acquisition or capture or is replaced immediately on the restoration of that Vessel to the possession of the relevant Borrower by a mortgage substantially equivalent to the Mortgage for that Vessel. 1.

Third Supplemental Effective Date means the date on which the Facility Agent notifies the Borrower in writing that the Facility Agent has received all of the documents and other evidence listed in Schedule 2 (Conditions Precedent) in form and substance satisfactory to the Facility Agent.

Examples of Third Supplemental Effective Date in a sentence

• Other than in respect of the first Utilisation on or after the Third Supplemental Effective Date, on the date falling 3 Business Days prior to a Utilisation Date, the relevant Agent shall notify each relevant Lender of the delivery of a Utilisation Request under clause 5.1 (Delivery of a Utilisation Request) and of the date on which such Utilisation is to be made, the initial Interest Period for such Utilisation and the amount of such Lender’s participation in such Utilisation.

• Nordea Bank Danmark A/S Nykredit Bank A/S Unless the context otherwise requires and save as mentioned below, words and expressions defined in the amended and restated loan agreement set out in the Appendix shall have the same meaning when used in this Schedule 2 whether or not the Third Supplemental Effective Date has occurred.

• A certified copy of each Intergroup Loan Agreement in existence at the date of the Third Supplemental Agreement and to be entered into on the Third Supplemental Effective Date.

• Evidence of payment of the fees referred to in clause 5 (Fees and Expenses) of the Third Supplemental Agreement (or confirmation that such amounts will be deducted from the first Utilisation on or after the Third Supplemental Effective Date).

• As soon as the local stress between aggregates exceeds some critical value, aggregates need to be reorganized in the matrix (e.g. turn around each other, break up, etc.).

• A legal opinion from White & Case confirming that the execution and delivery of the Third Supplemental Agreement and the transactions contemplated thereby will not result in a default under or a breach of the indentures relating to the FRN Notes, the PIK Notes and the HY Notes dated no earlier than 5 Business Days prior to the Third Supplemental Effective Date.

• All notices required to be delivered under the Subordinated Bridge Facility Agreement to effect the repayment and cancellation of the Subordinated Bridge Facility Agreement on the Third Supplemental Effective Date.

More Definitions of Third Supplemental Effective Date

Third Supplemental Effective Date means the date of effectiveness of the Third Supplemental Indenture to this Indenture.”

Third Supplemental Effective Date means the Effective Date as defined in the Third Supplemental Agreement."; and